Radian traded at $32.57 this Friday October 2nd, increasing $1.35 or 4.32 percent since the previous trading session. Looking back, over the last four weeks, Radian gained 11.52 percent. Over the last 12 months, its price fell by 6.54 percent. Looking ahead, we forecast Radian to be priced at 31.86 by the end of this quarter and at 29.83 in one year, according to Trading Economics global macro models projections and analysts expectations.
Radian Group Inc. provides mortgage insurance, and other products and services to the real estate and mortgage finance industries. The Company operates through two segments: Mortgage and homegenius. Its Mortgage segment provides credit-related insurance coverage, principally through private mortgage insurance on residential first-lien mortgage loans, as well as other credit risk management, contract underwriting and fulfillment solutions, to mortgage lending institutions and mortgage credit investors. Its homegenius segment is primarily a fee-for-service business that offers a range of products and services to market participants across the real estate value chain. Its homegenius products and services include title, valuation, asset management, software-as-a-service (SaaS) and other real estate services offered primarily to mortgage lenders, mortgage and real estate investors, government-sponsored enterprises (GSEs), real estate brokers and agents.