The price-to-earnings ratio for Radian Group, Inc. (NYSE: RDN) is above average at 7.95x, Company’s 36-month beta value is 1.01.Analysts have differing 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 5.38% ratio of that floaft. The average trading volume of RDN on April 11, 2024 was 1.40M shares.
RDN) stock’s latest price update
The stock of Radian Group, Inc. (NYSE: RDN) has decreased by -4.31 when compared to last closing price of 31.35. Despite this, the company has experienced a -8.37% fall in its stock price over the last five trading sessions. Business Wire reported 2024-04-08 that WAYNE, Pa.–(BUSINESS WIRE)–Radian Group Inc. (NYSE: RDN) today announced that it will hold a conference call on Thursday, May 2, 2024 at 12:00 p.m. Eastern time to discuss the company’s first quarter 2024 results, which will be announced after the market closes on Wednesday, May 1, 2024. The conference call will be webcast live on the company’s website at https://radian.com/who-we-are/for-investors/webcasts or at www.radian.com. The webcast is listen-only. Those interested in participating in.
RDN’s Market Performance
Radian Group, Inc. (RDN) has seen a -8.37% fall in stock performance for the week, with a -4.58% decline in the past month and a 5.23% surge in the past quarter. The volatility ratio for the week is 3.02%, and the volatility levels for the past 30 days are at 2.21% for RDN. The simple moving average for the past 20 days is -6.69% for RDN’s stock, with a 9.19% simple moving average for the past 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 “Mkt Perform.” The predicted price for RDN in the upcoming period, according to Keefe Bruyette is $35 based on the research report published on April 04, 2024 of the current year 2024.
Keefe Bruyette, on the other hand, stated in their research note that they expect to see RDN reach a price target of $29. The rating they have provided for RDN stocks is “Outperform” according to the report published on December 13th, 2023.
UBS gave a rating of “Neutral” to RDN, setting the target price at $28 in the report published on December 06th of the previous year.
RDN Trading at -0.06% 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 -10.94% of loss for the given period.
Volatility was left at 2.21%, however, over the last 30 days, the volatility rate increased by 3.02%, as shares sank -5.09% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.11% upper at present.
During the last 5 trading sessions, RDN fell by -8.37%, which changed the moving average for the period of 200-days by +19.86% in comparison to the 20-day moving average, which settled at $32.07. In addition, Radian Group, Inc. saw 5.08% 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 6.56. 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
In a nutshell, Radian Group, Inc. (RDN) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
