With 0.67 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.84 million shares. During the session, the Insurance – Specialty company that operates in wider Financial sector, reached to the highest price of $34.495 whereas the lowest price it dropped to was $33.835. 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 $36.25. With its current market cap of 5.15 billion, RDN has annualized dividend of $0.96 while the current yield stands at 2.80%. Beta for the stock currently stands at 1.06.
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 -3.09%, but this was up by 1.00% over a month. Three-month performance surged to 11.60% while six-month performance rose 8.08%. The stock gained 28.72% in the past year, while it has gained 19.93% so far this year. A look at the trailing 12-month EPS for RDN yields 3.85 with Next year EPS estimates of 3.69. For the next quarter, that number is 0.91. This implies an EPS growth rate of -1.58% for this year and -3.35% 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 148.27 million shares on hand for trading. On 2024-08-30, short shares totaled 5.04 million, which was 335.0 higher than short shares on 1722384000. 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 0.98668 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.
