Radian Group, Inc. (NYSE: RDN) has seen a rise in its stock price by 3.38 in relation to its previous close of 35.25. However, the company has experienced a 4.71% gain in its stock price over the last five trading sessions. businesswire.com reported 2024-07-23 that WAYNE, Pa.–(BUSINESS WIRE)–Radian Group Inc. (NYSE: RDN), announced today that FIZBER, the leading self-directed residential real estate marketplace, has teamed up with Radian Settlement Services to provide its userbase of for sale by owner (FSBO) home sellers with access to Radian’s innovative digital title and home closing platform, titlegenius by Radian. The integration with titlegenius by Radian empowers FIZBER users with end-to-end title and closing services backed by real-time updates,.
Is It Worth Investing in Radian Group, Inc. (NYSE: RDN) Right Now?
The price-to-earnings ratio for Radian Group, Inc. (NYSE: RDN) is 9.66x, which is above its average ratio. Moreover, the 36-month beta value for RDN is 1.04. 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.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for RDN is 148.83M and currently, short sellers hold a 3.69% of that float. On July 26, 2024, RDN’s average trading volume was 800.28K shares.
RDN’s Market Performance
RDN stock saw an increase of 4.71% in the past week, with a monthly gain of 17.78% and a quarterly increase of 18.97%. The volatility ratio for the week is 2.45%, and the volatility levels for the last 30 days are 1.96% for Radian Group, Inc. (RDN). The simple moving average for the last 20 days is 11.05% for RDN stock, with a simple moving average of 24.31% 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 $36 based on the research report published on June 03, 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 $35, previously predicting the price at $36. The rating they have provided for RDN stocks is “Mkt Perform” according to the report published on April 04th, 2024.
Keefe Bruyette gave a rating of “Outperform” to RDN, setting the target price at $29 in the report published on December 13th of the previous year.
RDN Trading at 14.89% 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 able to rebound, for now settling with 1.42% of gains for the given period.
Volatility was left at 1.96%, however, over the last 30 days, the volatility rate increased by 2.45%, as shares surge +19.12% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.94% upper at present.
During the last 5 trading sessions, RDN rose by +4.71%, which changed the moving average for the period of 200-days by +38.92% in comparison to the 20-day moving average, which settled at $33.11. In addition, Radian Group, Inc. saw 27.64% 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 Brummer Derek, who sale 35,000 shares at the price of $31.33 back on May 24 ’24. After this action, Brummer Derek now owns 218,023 shares of Radian Group, Inc., valued at $1,096,571 using the latest closing price.
McMahon Brien, the Sr.EVP/Chief Franchise Officer of Radian Group, Inc., sale 74,740 shares at $31.10 during a trade that took place back on May 23 ’24, which means that McMahon Brien is holding 133,606 shares at $2,324,623 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
- 0.78 for the gross margin
The net margin for Radian Group, Inc. stands at 0.74. The total capital return value is set at 0.08. Equity return is now at value 13.99, with 8.02 for asset returns.
Based on Radian Group, Inc. (RDN), the company’s capital structure generated 0.28 points at debt to capital in total, while cash flow to debt ratio is standing at 0.27. The debt to equity ratio resting at 0.39. The interest coverage ratio of the stock is 5.93.
Currently, EBITDA for the company is 767.49 million with net debt to EBITDA at 14.11. When we switch over and look at the enterprise to sales, we see a ratio of 7.68. The receivables turnover for the company is 5.94for 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 2.62.
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.
