Radian Group Inc. which can be found using ticker (RDN) now have 7 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 30 and 21 suggesting an average Analsyt target price of $24.36. Given that the stocks previous close was at $20.56 this is indicating there is a potential upside of 18.5%. The 50 day moving average now sits at $21.56 while the 200 day moving average is $20.56. The market capitalization for the company is $3,375m. Find out more information at: https://www.radian.com
The potential market cap would be $3,999m based on the market consensus.
Radian Group Inc., together with its subsidiaries, engages in the mortgage and real estate services business in the United States. The company operates through Mortgage and Homegenius segments. The Mortgage segment offers credit-related insurance coverage primarily through private mortgage insurance on residential first-lien mortgage loans, as well as other credit risk management, contract underwriting solutions. This segment primarily serves mortgage originators, such as mortgage banks, commercial banks, savings institutions, credit unions, and community banks. The Homegenius segment offers title services, including a suite of insurance and non-insurance title, tax and title data, centralized recording, document retrieval and default curative title services, and deed and property reports, as well as closing and settlement services comprising electronic execution and traditional signing services; real estate valuation products and services; and asset management services, as well as a suite of real estate technology products and services to facilitate real estate transactions, such as software as a service solutions. This segment serves consumers, mortgage lenders, mortgage and real estate investors, government-sponsored enterprises, and real estate brokers and agents. Radian Group Inc. was founded in 1977 and is headquartered in Wayne, Pennsylvania.
The company has a dividend yield of 4.38% with the ex dividend date set at 24-2-2023 (DMY).
Other points of data to note are a P/E ratio of 4.73, revenue per share of 7.09 and a 8.82% return on assets.
