Radian Group Inc. with ticker code (RDN) have now 11 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 29 and 21 and has a mean target at 24.86. Now with the previous closing price of 20.32 this would imply there is a potential upside of 22.3%. The day 50 moving average is 20.57 and the 200 day MA is 17.43. The company has a market capitalisation of $3,791m. Visit the company website at: http://www.radian.biz
Radian Group Inc., together with its subsidiaries, engages in the mortgage and real estate services business in the United States. The company operates in two segments, Mortgage Insurance and Services. The Mortgage Insurance segment offers credit-related insurance coverage, primarily through private mortgage insurance on residential first-lien mortgage loans, as well as other credit risk management solutions to mortgage lending institutions and mortgage credit investors. This segment primarily serves mortgage bankers, commercial banks, savings institutions, credit unions, and community banks. The Services segment offers mortgage services, including transaction management services, such as loan review, residential mortgage-backed securities securitization and distressed asset reviews, review and valuation services related to single family rental properties, servicer and loan surveillance, and underwriting; real estate services comprising real estate owned asset management, and real estate valuation and brokerage services, as well as software as a service solutions and platforms; and title services that include title insurance products, and closing services. This segment provides its mortgage and real estate services to mortgage lenders, financial institutions, investors, government entities, and others. The company was founded in 1977 and is headquartered in Philadelphia, Pennsylvania.