The stock of Radian Group, Inc (RDN) has gone down by -1.08% for the week, with a -0.79% drop in the past month and a -5.37% drop in the past quarter. The volatility ratio for the week is 1.48%, and the volatility levels for the past 30 days are 2.65% for RDN. The simple moving average for the past 20 days is 0.27% for RDN’s stock, with a 4.57% simple moving average for the past 200 days.
Is It Worth Investing in Radian Group, Inc (NYSE: RDN) Right Now?
Radian Group, Inc (NYSE: RDN) has a price-to-earnings ratio that is above its average at 8.81x. The stock has a 36-month beta value of 1.03. Opinions on the stock are mixed, with 5 analysts rating it as a “buy,” 5 as “overweight,” 3 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 146.79M, and at present, short sellers hold a 3.42% of that float. On November 22, 2024, the average trading volume of RDN was 1.04M shares.
RDN) stock’s latest price update
The stock price of Radian Group, Inc (NYSE: RDN) has surged by 1.28 when compared to previous closing price of 33.59, but the company has seen a -1.08% decline in its stock price over the last five trading sessions. zacks.com reported 2024-11-20 that RDN stock rallies on the back of an improving mortgage insurance portfolio, declining claims, a solid capital position and effective capital deployment.
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 -1.22% 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 -10.14% of loss for the given period.
Volatility was left at 2.65%, however, over the last 30 days, the volatility rate increased by 1.48%, as shares sank -0.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.64% lower at present.
During the last 5 trading sessions, RDN fell by -1.08%, which changed the moving average for the period of 200-days by +20.04% in comparison to the 20-day moving average, which settled at $33.93. In addition, Radian Group, Inc saw 19.16% 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 35,153 shares at the price of $35.36 back on Sep 05 ’24. After this action, Brummer Derek now owns 186,535 shares of Radian Group, Inc, valued at $1,242,985 using the latest closing price.
Brummer Derek, the Officer of Radian Group, Inc, proposed sale 35,153 shares at $35.36 during a trade that took place back on Sep 05 ’24, which means that Brummer Derek is holding shares at $1,242,985 based on the most recent closing price.
Stock Fundamentals for RDN
Current profitability levels for the company are sitting at:
- 0.64 for the present operating margin
- 0.61 for the gross margin
The net margin for Radian Group, Inc stands at 0.46. The total capital return value is set at 0.1. Equity return is now at value 13.53, with 7.61 for asset returns.
Based on Radian Group, Inc (RDN), the company’s capital structure generated 0.29 points at debt to capital in total, while cash flow to debt ratio is standing at 0.14. The debt to equity ratio resting at 0.42. The interest coverage ratio of the stock is 7.7.
Currently, EBITDA for the company is 877.66 million with net debt to EBITDA at -0.19. When we switch over and look at the enterprise to sales, we see a ratio of 3.82. The receivables turnover for the company is 9.41for trailing twelve months and the total asset turnover is 0.15. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.60.
Conclusion
To sum up, Radian Group, Inc (RDN) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. 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.