Radian Group Inc. found using ticker (RDN) have now 9 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 34 and 22.5 calculating the average target price we see 28. Given that the stocks previous close was at 22.47 this now indicates there is a potential upside of 24.6%. There is a 50 day moving average of 21.45 and the 200 moving average now moves to 22.69. The market cap for the company is $3,911m. Company Website: https://www.radian.com
The potential market cap would be $4,874m based on the market concensus.
Radian Group Inc., together with its subsidiaries, engages in the mortgage and real estate services business in the United States. Its 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 and contract underwriting solutions. This segment primarily serves mortgage originators, such as mortgage bankers, commercial banks, savings institutions, credit unions, and community banks. The company’s Real Estate 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, traditional signing, and centralized and local closing and settlement services; real estate valuation products and services; and asset management services, as well as other real estate products and services to assist agents in facilitating residential real estate transactions, such as software as a service solution, real estate data products, and real estate transaction services. This segment provides its mortgage and real estate services to mortgage lenders, mortgage and real estate investors, government-sponsored enterprises, and real estate brokers and agents. The company was founded in 1977 and is headquartered in Philadelphia, Pennsylvania.
