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LON:CRE

Conduit (CRE) Share Price, News & Analysis

Conduit logo
GBX 527
+16.00 (+3.13%)
(As of 11/1/2024 ET)

About Conduit Stock (LON:CRE)

Key Stats

Today's Range
510
527
50-Day Range
494.50
549.74
52-Week Range
428.50
549.74
Volume
262,968 shs
Average Volume
360,622 shs
Market Capitalization
£827.28 million
P/E Ratio
521.78
Dividend Yield
5.31%
Price Target
GBX 698.33
Consensus Rating
Buy

Company Overview

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.

Conduit Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
73rd Percentile Overall Score

CRE MarketRank™: 

Conduit scored higher than 73% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • 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 received no research coverage in the past 90 days.

  • Read more about Conduit's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Conduit is 521.78, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 130.98.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Conduit is 521.78, which means that it is trading at a more expensive P/E ratio than the Financial Services sector average P/E ratio of about 412.64.

  • Price to Book Value per Share Ratio

    Conduit has a P/B Ratio of 0.79. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for CRE.
  • Dividend Leadership

    Conduit is a leading dividend payer. It pays a dividend yield of 5.30%, 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 2,772.28%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Read more about Conduit's dividend.
  • Short Interest

    There is no current short interest data available for CRE.
  • News Sentiment

    Conduit has a news sentiment score of 0.42. 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 0.29 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.
  • MarketBeat Follows

    1 people have added Conduit to their MarketBeat watchlist in the last 30 days.
  • 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 £92,600 in company stock and sold GBX 0 in 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.

  • Read more about Conduit's insider trading history.
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CRE Stock News Headlines

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CRE Stock Analysis - Frequently Asked Questions

Conduit's stock was trading at GBX 469 at the start of the year. Since then, CRE shares have increased by 12.4% and is now trading at GBX 527.
View the best growth stocks for 2024 here
.

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.

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).

Company Calendar

Ex-Dividend for 9/5 Dividend
8/15/2024
Dividend Payable
9/05/2024
Today
11/02/2024

Industry, Sector and Symbol

Industry
Insurance - Reinsurance
Sub-Industry
N/A
CIK
N/A
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
+32.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
£210.30 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£695.30 million
Cash Flow
GBX 79.97 per share
Book Value
GBX 663 per share

Miscellaneous

Free Float
N/A
Market Cap
£827.28 million
Optionable
Not Optionable
Beta
0.52
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This page (LON:CRE) was last updated on 11/2/2024 by MarketBeat.com Staff
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