This summary was created by AI, based on 1 opinions in the last 12 months.
Radian Group Inc, with symbol RDN-N, has seen a significant increase in its stock value over the past year, driven by a thriving home sales market and better than feared quarterly reports. The company's performance has been positively impacted by declining interest rates and it currently trades at a low PE ratio, indicating potential value for investors. Overall, Radian Group Inc is showing promise and stability in the current market.
People love to hate this. This space had a great re-rating. Coming out of the crisis, all of a sudden mortgage entitled insurance was a phenomenal business to be in and very easy. It had a really appreciable run. At this point the growth that you are getting and the multiple you are paying are pretty reasonable. There has been a bit of a breakdown in the charts and now, all of a sudden, they are fighting a major Short interest group, so it is a different kind of investment now. He would caution to be aware of what kind of risks you are taking on.
Radian Group Inc is a American stock, trading under the symbol RDN-N on the New York Stock Exchange (RDN). It is usually referred to as NYSE:RDN or RDN-N
In the last year, 1 stock analyst published opinions about RDN-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Radian Group Inc.
Radian Group Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Radian Group Inc.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of Radian Group Inc published on Stockchase.
On 2024-12-13, Radian Group Inc (RDN-N) stock closed at a price of $33.54.
It thrives with more homes sales at lower prices. Up nearly 12% this year, and 45% over 12 months. It's reported several better than feared quarters as interest rates decline. Trades at a cheap 9x PE.