RDN Stock Trading at Discount to Industry at 1.02X: Time to Buy?

Radian Group Inc. (RDN) shares are trading at a discount to the Zacks Multi-line Insurance industry. Its forward price-to-book value of 1.02X is lower than the industry average of 2.24X, the Finance sector’s 3.56X and the Zacks S&P 500 composite’s 8.6X.Image Source: Zacks Investment ResearchThe insurer has a market capitalization of $4.72 billion. The average volume of shares traded in the last three months was 1.05 million.The stock remains attractively valued compared with CNO Financial Group, Inc. (CNO) ...