Stocks for Your Case: Radian Group Inc. (NYSE:RDN)


Radian Group Inc. (NYSE:RDN) added 0.76% and closed its last session at $14.65. The stock has the market capitalization of $3.14 Billion with the total outstanding shares of 214.43 Million. Radian Group Inc.. has Analysts’ Mean Recommendation of 1.56 between the scale of 1 to 5 (1 represents Strong Buy and 5 means Sell). The stock currently has P/E of 10.6 for trailing twelve months while its Forward P/E is 8.24.

Radian Group Inc. (NYSE:RDN) touched its 52-Week High of $14.9 on Nov 29, 2016 while it’s 52-Week Low of $9.29 on Jun 27, 2016. The company currently has Return on Assets of 5.4 percent, Return on Equity of 11.9% and Return on Investment of 10 percent. The stock currently showing Weekly Volatility of 2.01%% and Monthly Volatility of 2.69% Percent with Average True Range of 0.37 and Beta of 2.25.

The 11 analysts offering 12-month price forecasts for Radian Group Inc have a median target of 16.50, with a high estimate of 22.00 and a low estimate of 14.50. The median estimate represents a +12.63% increase from the last price of 14.65.

Press Release:

The Company on 29 November reported it has been named Best Mortgage Company for Professional Women by Mortgage WOMEN Magazine. The award was declared and presented during the closing general session of the Mortgage Bankers Association’s inaugural summit on Diversity and Inclusion in Washington, D.C.

The ranking is based on a survey sent to more than 1,400 financial institutions with mortgage company licenses recognized by the Nationwide Multistate Licensing System & Registry (NMLS).

The Mortgage WOMEN Magazine survey looked at a number of company measures including the percentage of women employees, the percentage of women among top earning executives, and the number of women reporting directly to the CEO. The survey also looked at company policies such as paid maternity leave, paid paternity leave, executive coaching and mentorship opportunities, and flextime availability. The companies that score highest on the survey are listed in Mortgage WOMEN Magazine’s “Top Fifty Mortgage Companies” issue published in November.

Company Profile:

Radian Group Inc. is the parent company of Radian Guaranty Inc.  The company provides private mortgage insurance and risk management services to mortgage lenders nationwide; these services increase homeownership opportunities by helping people to buy homes with down payments of less than 20 percent.  Private mortgage insurance protects lenders from default-related losses on residential first mortgages and facilitates the sale of low-down-payment mortgage loans in the secondary market.  (PRESS RELEASE)