Roth Capital Reaffirms Buy on Radian (RDN) as Inigo Deal Advances Specialty Insurance Push

On January 2, Roth Capital reiterated its Buy standing connected Radian Group Inc. (NYSE:RDN) and kept a $45 terms people connected the shares. The steadfast stated that Radian’s planned acquisition of Inigo Limited is simply a important measurement that advances the company’s absorption connected specialty insurance. Roth besides raised its 2025 EPS forecast to $4.25 from $4.05, pointing to Radian’s stronger-than-expected Q3 results.

Earlier, connected December 10, Radian announced it had secured each regulatory approvals needed to implicit the Inigo deal. Inigo is simply a specialty security radical that underwrites done Lloyd’s of London. Radian said it inactive expects the transaction to adjacent successful February 2026, assuming the remaining modular closing conditions are met.

Management framed the acquisition arsenic a large milestone successful Radian’s longer-term strategy. The institution has traditionally been known arsenic a starring US owe insurer, but this woody would propulsion it toward becoming a much global, diversified specialty insurer with aggregate merchandise lines. Radian Group Inc. (NYSE:RDN) besides noted that the transaction should broaden its expertise and let it to enactment excess superior to enactment much effectively.

After the woody closes, Inigo volition run arsenic a Radian concern portion portion keeping its underwriting basal successful London. Radian expects the operation to blend its ain fiscal strength, scale, and risk-management capabilities with Inigo’s specialty marketplace acquisition and established performance.

Radian Group Inc. (NYSE:RDN) is simply a diversified owe and existent property services company, providing owe security on with different products and services tied to existent property and owe finance.

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Disclosure: None.