Conduit (CRE) Share Price, News & Analysis

Company Overview

Conduit Re is a pure play global reinsurance business based in Bermuda. Conduit Reinsurance Limited is licensed by the Bermuda Monetary Authority as a Class 4 insurer. A.M. Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of a- (Excellent) to Conduit Reinsurance Limited. The outlook assigned to these ratings is stable. Conduit Holdings Limited is the ultimate parent of Conduit Re and is listed on the London Stock Exchange

Key Stats

• Today's Range: 370.25 to 385
• 50-Day Range: 383.50 to 490.50
• 52-Week Range: 370.25 to 549.74
• Volume: 1.68 million shs
• Average Volume: 592,862 shs
• Market Capitalization: £771.02 million
• P/E Ratio: 3.62
• Dividend Yield: 7.30%
• Price Target: GBX 698.33
• Consensus Rating: Buy

Conduit Stock Analysis - MarketRank™

Conduit scored higher than 72% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Conduit has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, 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.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Conduit is 3.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.66.

Price to Earnings Ratio vs. Sector

The P/E ratio of Conduit is 3.62, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 16.08.

Price to Book Value per Share Ratio

Conduit has a P/B Ratio of 0.58. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for CRE.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Conduit is a leading dividend payer. It pays a dividend yield of 7.20%, 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 26.41%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for CRE.

News and Social Media

• Score: 1.5 / 5
• News Sentiment: -0.34

News Sentiment

Conduit has a news sentiment score of -0.34. 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 lower news sentiment than the 0.68 average news sentiment score of Financial Services companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Conduit this week, compared to 1 article on an average week.

Search Interest

2 people have searched for CRE on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Conduit insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 6.19% of the stock of Conduit is held by insiders.

Percentage Held by Institutions

67.35% of the stock of Conduit is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CRE Stock Analysis - Frequently Asked Questions

How have CRE shares performed this year?

Conduit's stock was trading at GBX 464.49 on January 1st, 2025. Since then, CRE shares have decreased by 17.4% and is now trading at GBX 383.50.
View the best growth stocks for 2025 here.

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.

What other stocks do shareholders of Conduit own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Conduit investors own include Close Brothers Group (CBG), Hurricane Energy (HUR), Playtech (PTEC), iShares Core High Dividend ETF (HDV), Extreme Networks (EXTR), iShares Global Industrials ETF (EXI) and Walt Disney (DIS).

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 698.33
• High Stock Price Target: GBX 720
• Low Stock Price Target: GBX 675
• Potential Upside/Downside: +82.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX 106.03
• Trailing P/E Ratio: 3.62
• Forward P/E Ratio: 3.74
• P/E Growth: N/A
• Net Income: £267.22 million
• Net Margins: 30.25%
• Pretax Margin: N/A
• Return on Equity: 20.65%
• Return on Assets: 8.83%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: 1.19

Sales & Book Value

• Annual Sales: £883.47 million
• Price / Sales: 0.87
• Cash Flow: GBX 58.19 per share
• Price / Cash Flow: 6.59
• Book Value: GBX 663.36 per share
• Price / Book: 0.58

Miscellaneous

• Outstanding Shares: 201,047,810
• Free Float: N/A
• Market Cap: £771.02 million
• Optionable: Not Optionable
• Beta: 0.52