Should I buy or sell Conduit stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Conduit in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" CRE shares. View CRE analyst ratings or view top-rated stocks .

What is Conduit's stock price target for 2024?

1 equities research analysts have issued 1 year price objectives for Conduit's shares. Their CRE share price targets range from GBX 600 to GBX 600. On average, they predict the company's share price to reach GBX 600 in the next twelve months. This suggests a possible upside of 27.7% from the stock's current price. View analysts price targets for CRE or view top-rated stocks among Wall Street analysts .

How have CRE shares performed in 2023?

Conduit's stock was trading at GBX 428 on January 1st, 2023. Since then, CRE stock has increased by 9.8% and is now trading at GBX 470. View the best growth stocks for 2023 here .

How often does Conduit pay dividends? What is the dividend yield for Conduit?

Conduit declared a dividend on Wednesday, July 26th. Investors of record on Thursday, August 17th will be paid a dividend of GBX 0.18 per share on Friday, September 8th. This represents a yield of 2.93%. The ex-dividend date is Thursday, August 17th. The official announcement can be accessed at this link . Read our dividend analysis for CRE .

Is Conduit a good dividend stock?

Conduit (LON:CRE) pays an annual dividend of GBX 29 per share and currently has a dividend yield of 6.08%. CRE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 20,714.29%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for CRE .

What other stocks do shareholders of Conduit own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Conduit investors own include Hurricane Energy (HUR) , Close Brothers Group (CBG) , American Airlines Group (AAL) , Playtech (PTEC) , Molina Healthcare (MOH) , Lloyds Banking Group (LLOY) , Kohl's (KSS) , Extreme Networks (EXTR) and

How do I buy shares of Conduit?

Shares of CRE stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock. Compare Top Brokerages Here .

Conduit Share Price, News & Analysis (LON:CRE)

GBX 470

-4.50 (-0.95%)

(As of 04:45 PM ET)

Compare

Today's Range: 465.82
▼
480.50
50-Day Range: 430.50
▼
486
52-Week Range: 374
▼
518

Volume: 380,130 shs
Average Volume: 321,651 shs
Market Capitalization: £776.63 million

P/E Ratio: 3,357.14
Dividend Yield: 6.17%
Price Target: GBX 600

Stock Analysis Analyst Forecasts Chart Competitors Dividend Headlines Insider Trades

About Conduit Stock (LON:CRE)

Conduit Holdings Limited, together with its subsidiaries, engages in the reinsurance business in the United States, Europe, and internationally. It underwrites property, casualty, and specialty reinsurance products comprising director's and officer's liability, financial institutions liability, general liability, medical malpractice, professional liability, transactional liability, aviation, energy, marine, political violence and terrorism, whole account, and ceded reinsurance products. Conduit Holdings Limited was incorporated in 2020 and is headquartered in Pembroke, Bermuda.

CRE Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CRE Stock News Headlines

November 20, 2023 | finance.yahoo.com

KBRA Releases Research – 2024 CMBS Sector Outlook: Cloudy, With a Glimmer of Hope

November 10, 2023 | morningstar.com

Conduit Holdings Ltd CRE

November 29, 2023 | Tomorrow Investor (Ad)

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November 1, 2023 | morningstar.com

Conduit Pharmaceuticals Inc CDT

October 11, 2023 | businesswire.com

CHRISTUS Health and Conduit Health Partners Expand Access to Care

October 7, 2023 | benzinga.com

Conduit Pharmaceuticals Stock (NASDAQ:CDT) Insider Trades

September 11, 2023 | benzinga.com

KBRA Releases Research – Metro-Level CRE Loan Distress: Location Still Matters

August 14, 2023 | businesswire.com

KBRA Releases Research – Maui Wildfires: KBRA-Rated CMBS and CRE CLO Exposure

November 29, 2023 | Tomorrow Investor (Ad)

The Only Practical Solution to the World’s Looming Energy Crisis

There’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!

August 12, 2023 | technews.tmcnet.com

KBRA Releases Research-KBRA-Rated CMBS and CRE CLO WeWork Exposure

August 11, 2023 | benzinga.com

KBRA Releases Research—KBRA-Rated CMBS and CRE CLO WeWork Exposure

July 29, 2023 | msn.com

Commercial mortgage-backed securities are in the spotlight again, but this isn’t 2008

July 28, 2023 | msn.com

Commercial mortgage-backed securities are in the spotlight, but this isn’t 2008

July 27, 2023 | msn.com

African girl with burnt food pipe gets a new one in Bengaluru

July 27, 2023 | finance.yahoo.com

Conduit Holdings Insiders Added US$750k Of Stock To Their Holdings

July 19, 2023 | bizjournals.com

Fewer CRE loans being refinanced, but lenders find other ways to work with borrowers

July 15, 2023 | bizjournals.com

Milwaukee CRE Developers News

June 14, 2023 | finance.yahoo.com

KBRA Credit Profile Releases CREFC June Conference 2023: Day 2 Recap

June 13, 2023 | bizjournals.com

CRE Developers News

June 12, 2023 | technews.tmcnet.com

KBRA's Akshay Maheshwari Named CREFC's 20 Under 40

June 9, 2023 | finance.yahoo.com

Quantum Loophole’s QLoop Fiber Conduit System Completes Second Potomac River Crossing

June 7, 2023 | nytimes.com

The Tribeca Festival Has a Story to Tell

June 6, 2023 | reuters.com

US judge in Florida blocks enforcement of state ban on gender-affirming care

May 16, 2023 | marketwatch.com

Basis Investment Group Acquires B-Piece in $1B CMBS Pool

May 15, 2023 | omaha.com

Champing at the gigabit: Omaha area residents offered more internet speed, choices

May 15, 2023 | omaha.com

Metro area offered more internet speed, choices

May 6, 2023 | msn.com

Liberal lawmakers want to help Biden woo young voters

See More Headlines

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Company Calendar

Ex-Dividend for 9/8 Dividend: 8/17/2023
Dividend Payable: 9/08/2023
Today: 11/29/2023

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Industry, Sector and Symbol

Stock Exchange: LON
Industry: Insurance - Reinsurance
Sub-Industry: N/A
Sector: Financial Services
Current Symbol: LON:CRE
CUSIP: N/A
CIK: N/A
Web: www.creston.com
Phone: +44-20-79309757
Fax: N/A
Employees: 54
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: GBX 600
High Stock Price Target: GBX 600
Low Stock Price Target: GBX 600
Potential Upside/Downside: +28.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 0.14
Trailing P/E Ratio: 3,335.71
Forward P/E Ratio: 4.98
P/E Growth: N/A
Net Income: £28.30 million
Net Margins: 4.92%
Pretax Margin: N/A
Return on Equity: 3.14%
Return on Assets: 1.32%

Debt

Debt-to-Equity Ratio: 0.23
Current Ratio: 0.66
Quick Ratio: 1.19

Sales & Book Value

Annual Sales: £575.80 million
Price / Sales: 1.34
Cash Flow: GBX 70.86 per share
Price / Cash Flow: 6.59
Book Value: GBX 572 per share
Price / Book: 0.82

Miscellaneous

Outstanding Shares: 165,240,000
Free Float: N/A
Market Cap: £771.67 million
Optionable: Not Optionable
Beta: 0.46

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Key Executives

Mr. Neil David Eckert (Age 61)
Executive Chairman
Comp: $698.83k
Mr. Trevor Carvey
Executive Director & CEO
Ms. Elaine Whelan (Age 48)
Executive Director & CFO
Comp: $1.05M
Mr. Stuart Quinlan
Deputy CEO & COO
Mr. Greg Lunn
Group Legal Counsel & Company Secretary
Mr. Andrew Smith
Chief Risk & Sustainability Officer
Mr. Greg Roberts
Chief Underwriting Officer
Mr. Christopher Board
Head of International Property & Short Tail Specialty
Mr. Marc Bearman
Head of Specialty for Marine & Energy
Mr. Angus Hampton
Head of International Casualty & Long Term Specialty

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

CRE Stock Analysis - Frequently Asked Questions

Should I buy or sell Conduit stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Conduit in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" CRE shares.
View CRE analyst ratings or view top-rated stocks.
What is Conduit's stock price target for 2024?: 1 equities research analysts have issued 1 year price objectives for Conduit's shares. Their CRE share price targets range from GBX 600 to GBX 600. On average, they predict the company's share price to reach GBX 600 in the next twelve months. This suggests a possible upside of 27.7% from the stock's current price.
View analysts price targets for CRE or view top-rated stocks among Wall Street analysts.
How have CRE shares performed in 2023?: Conduit's stock was trading at GBX 428 on January 1st, 2023. Since then, CRE stock has increased by 9.8% and is now trading at GBX 470.
View the best growth stocks for 2023 here.
How often does Conduit pay dividends? What is the dividend yield for Conduit?: Conduit declared a dividend on Wednesday, July 26th. Investors of record on Thursday, August 17th will be paid a dividend of GBX 0.18 per share on Friday, September 8th. This represents a yield of 2.93%. The ex-dividend date is Thursday, August 17th. The official announcement can be accessed at this link.
Read our dividend analysis for CRE.

Is Conduit a good dividend stock?: Conduit (LON:CRE) pays an annual dividend of GBX 29 per share and currently has a dividend yield of 6.08%. CRE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 20,714.29%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for CRE.
What other stocks do shareholders of Conduit own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Conduit investors own include Hurricane Energy (HUR), Close Brothers Group (CBG), American Airlines Group (AAL), Playtech (PTEC), Molina Healthcare (MOH), Lloyds Banking Group (LLOY), Kohl's (KSS), Extreme Networks (EXTR) and
How do I buy shares of Conduit?: Shares of CRE stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

This page (LON:CRE) was last updated on 11/29/2023 by MarketBeat.com Staff

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