With 1.32 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.81 million shares. During the session, the Insurance – Specialty company that operates in wider Financial sector, reached to the highest price of $37.63 whereas the lowest price it dropped to was $35.03. The 52-week range on RDN shows that it touched its highest point at $37.86 and its lowest point at $24.56 during that stretch. It currently has a 1-year price target of $34.30. With its current market cap of 5.36 billion, RDN has annualized dividend of $0.94 while the current yield stands at 2.64%. Beta for the stock currently stands at 1.05.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RDN was down-trending over the past week, with a drop of -2.31%, but this was up by 12.84% over a month. Three-month performance surged to 17.96% while six-month performance rose 22.84%. The stock gained 32.19% in the past year, while it has gained 24.69% so far this year. A look at the trailing 12-month EPS for RDN yields 3.77 with Next year EPS estimates of 3.61. For the next quarter, that number is 0.88. This implies an EPS growth rate of -5.12% for this year and -1.87% for next year. EPS is expected to grow by 2.06% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 6.32%.
Float and Shares Shorts:
At present, 153.18 million RDN shares are outstanding with a float of 148.83 million shares on hand for trading. On 2024-07-15, short shares totaled 5.49 million, which was 365.0 higher than short shares on 1718323200. In addition to Mr. Richard Gerald Thornberry as the firm’s CEO & Director, Ms. Sumita Pandit serves as its CFO & Senior EVP.
Institutional Ownership:
Through their ownership of 1.01009 of RDN’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RDN since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
