Should I buy or sell Conduit stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Conduit in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research 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 analysts have issued 1 year price targets for Conduit's stock. Their CRE share price targets range from GBX 695 to GBX 695. On average, they expect the company's share price to reach GBX 695 in the next year. This suggests a possible upside of 39.6% 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 2024?

Conduit's stock was trading at GBX 469 at the beginning of 2024. Since then, CRE shares have increased by 6.2% and is now trading at GBX 498. View the best growth stocks for 2024 here .

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

Conduit announced a dividend on Wednesday, February 21st. Shareholders of record on Thursday, March 21st will be given a dividend of GBX 0.18 per share on Wednesday, April 24th. This represents a dividend yield of 3.06%. The ex-dividend date of this dividend is Thursday, March 21st. 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 28 per share and currently has a dividend yield of 5.72%. CRE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 2,947.37%. 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 .

LON:CRE

Conduit (CRE) Share Price, News & Analysis

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GBX 4.95

-492.05 (-99.00%)

(As of 05:19 PM ET)

Compare

Today's Range: 4.95
▼
499
50-Day Range: 459
▼
529
52-Week Range: 4.95
▼
533

Volume: 239,289 shs
Average Volume: 380,347 shs
Market Capitalization: £7.77 million

P/E Ratio: 5.21
Dividend Yield: 565.66%
Price Target: GBX 695

Stock Analysis Analyst Forecasts Chart Competitors Dividend Headlines Insider Trades

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Conduit MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 39.6% Upside
GBX 695 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Acquiring Shares
£6.15 M Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.14 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Conduit has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Conduit has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for CRE.

1.7

Dividend Strength

Dividend Leadership
Conduit is a leading dividend payer. It pays a dividend yield of 5.72%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Conduit does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Conduit is 2,947.37%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CRE.

2.7

News and Social Media Coverage

News Sentiment
Conduit has a news sentiment score of 0.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Financial Services companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Conduit this week, compared to 0 articles on an average week.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Conduit insiders have bought more of their company's stock than they have sold. Specifically, they have bought £61,477.46 in company stock and sold GBX 0 in company stock.
Percentage Held by Insiders
Only 6.16% of the stock of Conduit is held by insiders.
Percentage Held by Institutions
71.83% of the stock of Conduit is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Conduit is 524.21, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 135.64.
Price to Earnings Ratio vs. Sector
The P/E ratio of Conduit is 524.21, which means that it is trading at a more expensive P/E ratio than the Financial Services sector average P/E ratio of about 458.52.
Price to Book Value per Share Ratio
Conduit has a P/B Ratio of 0.80. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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Biden’s $374B Giveaway Into This Sector

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About Conduit Stock (LON:CRE)

Conduit Holdings Limited, together with its subsidiaries, provides reinsurance products and services worldwide. It operates in three divisions: Property, Casualty, and Specialty. The property division offers catastrophe and non-catastrophe property reinsurance products. The Casualty division provides director's and officer's, financial institutions, general, professional, and transactional liability, as well as medical malpractice reinsurance products. The Specialty division offers aviation, energy, engineering and construction, environmental, marine, renewables, political violence and terrorism, whole account, specie and fine art, and war 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

April 13, 2024 | insidertrades.com

Trevor Carvey Purchases 2,013 Shares of Conduit Holdings Limited (LON:CRE) Stock

April 9, 2024 | insidertrades.com

Conduit Holdings Limited (LON:CRE) Insider Neil David Eckert Acquires 1,234 Shares

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

March 28, 2024 | insidertrades.com

Insider Buying: Conduit Holdings Limited (LON:CRE) Insider Acquires 9,000 Shares of Stock

April 12, 2024 | americanbankingnews.com

Insider Buying: Conduit Holdings Limited (LON:CRE) Insider Purchases 2,013 Shares of Stock

April 8, 2024 | finance.yahoo.com

KBRA Releases Research – Securitized Multifamily: Markets Can Matter for Maturities

March 28, 2024 | tmcnet.com

KCP Credit Analysis Now Available on the Bloomberg Terminal

February 23, 2024 | finance.yahoo.com

Should You Be Excited About Conduit Holdings Limited's (LON:CRE) 19% Return On Equity?

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

February 8, 2024 | finance.yahoo.com

DoubleLine Update on Commercial Real Estate and CRE Debt

January 5, 2024 | businesswire.com

KBRA Releases Research – 2023 CMBS Loan Maturities: Better by Count

January 5, 2024 | tmcnet.com

KBRA Releases Research - 2023 CMBS Loan Maturities: Better by Count

January 4, 2024 | bizjournals.com

Dallas CRE Developers News

January 3, 2024 | tmcnet.com

KBRA Releases Research - 5- and 10-Year Deal Credit Metrics

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 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

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

See More Headlines

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Company Calendar

Ex-Dividend for 4/24 Dividend: 3/21/2024
Today: 4/19/2024
Dividend Payable: 4/24/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: LON
Sector: Financial Services
Industry: Insurance - Reinsurance
Sub-Industry: N/A
Current Symbol: LON:CRE
CUSIP: N/A
CIK: N/A
Web: www.creston.com
Phone: +44-20-79309757
Fax: N/A
Employees: 59
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: GBX 695
High Stock Price Target: GBX 695
Low Stock Price Target: GBX 695
Potential Upside/Downside: +41.0%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 0.95
Trailing P/E Ratio: 518.95
Forward P/E Ratio: 5.82
P/E Growth: N/A
Net Income: £190.80 million
Net Margins: 32.12%
Pretax Margin: N/A
Return on Equity: 20.58%
Return on Assets: 8.79%

Debt

Debt-to-Equity Ratio: 0.23
Current Ratio: 0.59
Quick Ratio: 1.19

Sales & Book Value

Annual Sales: £594.10 million
Price / Sales: 1.30
Cash Flow: GBX 74.81 per share
Price / Cash Flow: 6.59
Book Value: GBX 625 per share
Price / Book: 0.79

Miscellaneous

Outstanding Shares: 156,980,000
Free Float: N/A
Market Cap: £773.91 million
Optionable: Not Optionable
Beta: 0.48

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Key Executives

Mr. Neil David Eckert (Age 62)
Executive Chairman
Comp: $1.74M
Mr. Trevor Carvey (Age 62)
Executive Director & CEO
Comp: $3.09M
Ms. Elaine Whelan (Age 49)
Executive Director & CFO
Comp: $2.25M
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. Marc Bearman
Head of Specialty for Marine & Energy
Mr. Angus Hampton
Head of International Casualty & Long Term Specialty
Mr. Peter Kiernan
Head of Property

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 research analysts have issued "buy," "hold," and "sell" ratings for Conduit in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research 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 analysts have issued 1 year price targets for Conduit's stock. Their CRE share price targets range from GBX 695 to GBX 695. On average, they expect the company's share price to reach GBX 695 in the next year. This suggests a possible upside of 39.6% 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 2024?: Conduit's stock was trading at GBX 469 at the beginning of 2024. Since then, CRE shares have increased by 6.2% and is now trading at GBX 498.
View the best growth stocks for 2024 here.
How often does Conduit pay dividends? What is the dividend yield for Conduit?: Conduit announced a dividend on Wednesday, February 21st. Shareholders of record on Thursday, March 21st will be given a dividend of GBX 0.18 per share on Wednesday, April 24th. This represents a dividend yield of 3.06%. The ex-dividend date of this dividend is Thursday, March 21st. 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 28 per share and currently has a dividend yield of 5.72%. CRE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 2,947.37%. 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 4/19/2024 by MarketBeat.com Staff

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Conduit (CRE) Share Price, News & Analysis

Conduit MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About Conduit Stock (LON:CRE)

CRE Stock Price History

CRE Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

CRE Stock Analysis - Frequently Asked Questions

Overall MarketRank^™