Radian Group (RDN) : Traders are bullish on Radian Group (RDN) as it has outperformed the S&P 500 by a wide margin of 5.65% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.71%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.04% in the last 1 week, and is up 5.43% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 3.58% and the fifty day Moving Average is 14.18%. Radian Group Inc. is up 9.44% in the last three month period. Year-to-Date the stock performance stands at 1.64%.
Radian Group (RDN) : Average target price received by Radian Group (RDN) is $15.42 with an expected standard deviation of $1.69. The most aggressive target on the stock is $17, whereas the most downbeat target is $12. 6 financial analysts are currently covering the stock.
Radian Group (NYSE:RDN): stock turned positive on Friday. Though the stock opened at $13.58, the bulls momentum made the stock top out at $13.69 level for the day. The stock recorded a low of $13.44 and closed the trading day at $13.6, in the green by 0.15%. The total traded volume for the day was 1,733,184. The stock had closed at $13.58 in the previous days trading.
Radian Group Inc. provides mortgage insurance on domestic residential First-liens and other products and services. The Company operates in two business segments: mortgage insurance and MRES. The mortgage insurance segment provides credit-related insurance coverage, principally through private mortgage insurance, to mortgage lending institutions. The Company conducts mortgage insurance business primarily through Radian Guaranty, the Companys principal mortgage insurance subsidiary. The MRES segment provides services and solutions to the mortgage and real estate industries primarily through Clayton. The Company also provides direct insurance and reinsurance on credit-based risks through Radian Asset Assurance, its principal financial guaranty subsidiary that is a wholly owned subsidiary of Radian Guaranty. Its customers are mortgage originators, such as mortgage bankers, mortgage brokers, commercial banks, savings institutions, credit unions and community banks.