Radian Group, Inc. (NYSE:RDN)
CAPS Rating:
A global credit risk management company which offers products and services through three business segments- mortgage insurance, financial guaranty and financial services.
A global credit risk management company which offers products and services through three business segments- mortgage insurance, financial guaranty and financial services.
Recs
The $25 per share book value is the current best estimate of liquidation value. It's wrong, but not 80% wrong. If it's better than that, I win. Lot-o-fear in this one. Recent year vintages are quite profitable and next year will be over 50% of the book. Buy