|Bid||0.00 x 800|
|Ask||23.00 x 1100|
|Day's Range||21.83 - 22.33|
|52 Week Range||17.84 - 24.84|
|Beta (5Y Monthly)||1.17|
|PE Ratio (TTM)||5.01|
|Earnings Date||Feb 09, 2023|
|Forward Dividend & Yield||0.80 (3.57%)|
|Ex-Dividend Date||Nov 18, 2022|
|1y Target Est||24.19|
WAYNE, Pa., February 08, 2023--Radian Group Inc. (NYSE: RDN) today reported net income for the quarter ended December 31, 2022, of $162.3 million, or $1.01 per diluted share. This compares with net income for the quarter ended December 31, 2021, of $193.4 million, or $1.07 per diluted share.
Better pricing, solid retention and renewals, exposure growth and accelerated digitalization are likely to aid fourth-quarter results of insurers like RE, LNC, SLF and RDN.
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...