Radian Group, Inc. (RDN) Stock: A Value Analysis

The price-to-earnings ratio for Radian Group, Inc. (NYSE: RDN) is 8.68x, which is above its average ratio. Moreover, the 36-month beta value for RDN is 1.01. Analysts have varying opinions on the stock, with 5 analysts rating it as a “buy,” 5 as “overweight,” 2 as “hold,” and 0 as “sell.”

The public float for RDN is 150.16M and currently, short sellers hold a 4.22% of that float. On April 04, 2024, RDN’s average trading volume was 1.39M shares.

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RDN) stock’s latest price update

Radian Group, Inc. (NYSE: RDN)’s stock price has plunge by -0.21relation to previous closing price of 32.81. Nevertheless, the company has seen a 0.92% surge in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-01 that Investors interested in Insurance – Multi line stocks are likely familiar with Enact Holdings, Inc. (ACT) and Radian (RDN). But which of these two companies is the best option for those looking for undervalued stocks?

RDN’s Market Performance

Radian Group, Inc. (RDN) has experienced a 0.92% rise in stock performance for the past week, with a 12.43% rise in the past month, and a 14.04% rise in the past quarter. The volatility ratio for the week is 1.63%, and the volatility levels for the past 30 days are at 2.17% for RDN. The simple moving average for the last 20 days is 3.22% for RDN stock, with a simple moving average of 19.88% for the last 200 days.

Analysts’ Opinion of RDN

Many brokerage firms have already submitted their reports for RDN stocks, with Keefe Bruyette repeating the rating for RDN by listing it as a “Outperform.” The predicted price for RDN in the upcoming period, according to Keefe Bruyette is $29 based on the research report published on December 13, 2023 of the previous year 2023.

UBS, on the other hand, stated in their research note that they expect to see RDN reach a price target of $28. The rating they have provided for RDN stocks is “Neutral” according to the report published on December 06th, 2023.

Barclays gave a rating of “Equal Weight” to RDN, setting the target price at $28 in the report published on November 15th of the previous year.

RDN Trading at 9.98% from the 50-Day Moving Average

After a stumble in the market that brought RDN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.81% of loss for the given period.

Volatility was left at 2.17%, however, over the last 30 days, the volatility rate increased by 1.63%, as shares surge +11.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.66% upper at present.

During the last 5 trading sessions, RDN rose by +0.92%, which changed the moving average for the period of 200-days by +29.20% in comparison to the 20-day moving average, which settled at $31.89. In addition, Radian Group, Inc. saw 14.68% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at RDN starting from Serio Gregory, who sale 3,800 shares at the price of $26.82 back on Aug 17 ’23. After this action, Serio Gregory now owns 8,221 shares of Radian Group, Inc., valued at $101,916 using the latest closing price.

Hess Lisa W, the Director of Radian Group, Inc., sale 655 shares at $27.52 during a trade that took place back on Aug 14 ’23, which means that Hess Lisa W is holding 6,417 shares at $18,029 based on the most recent closing price.

Stock Fundamentals for RDN

Current profitability levels for the company are sitting at:

  • 0.62 for the present operating margin
  • 0.77 for the gross margin

The net margin for Radian Group, Inc. stands at 0.75. The total capital return value is set at 0.08. Equity return is now at value 14.50, with 8.26 for asset returns.

Based on Radian Group, Inc. (RDN), the company’s capital structure generated 0.26 points at debt to capital in total, while cash flow to debt ratio is standing at 0.34. The debt to equity ratio resting at 0.35. The interest coverage ratio of the stock is 6.35.

Currently, EBITDA for the company is 767.49 million with net debt to EBITDA at 4.13. When we switch over and look at the enterprise to sales, we see a ratio of 7.01. The receivables turnover for the company is 6.22for trailing twelve months and the total asset turnover is 0.12. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.31.

Conclusion

To wrap up, the performance of Radian Group, Inc. (RDN) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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