Media stories about Radian Group (NYSE:RDN) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Radian Group earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave media coverage about the insurance provider an impact score of 43.8984408702864 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
A number of equities research analysts recently weighed in on RDN shares. B. Riley restated a “buy” rating on shares of Radian Group in a research note on Monday, November 6th. Zacks Investment Research upgraded Radian Group from a “hold” rating to a “buy” rating and set a $21.00 price target on the stock in a research note on Tuesday, October 10th. Susquehanna Bancshares set a $22.00 price target on Radian Group and gave the company a “buy” rating in a research note on Monday, October 16th. BTIG Research restated a “buy” rating and issued a $22.00 price target on shares of Radian Group in a research note on Sunday, October 15th. Finally, Compass Point upgraded Radian Group from a “neutral” rating to a “buy” rating and increased their price target for the company from $21.75 to $24.75 in a research note on Friday, October 27th. One research analyst has rated the stock with a sell rating, two have given a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $23.89.
Radian Group (RDN) traded up $0.13 on Wednesday, reaching $22.26. The company had a trading volume of 793,885 shares, compared to its average volume of 1,450,000. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 0.34. Radian Group has a twelve month low of $15.58 and a twelve month high of $22.82. The company has a market cap of $4,800.00, a PE ratio of 28.18, a PEG ratio of 1.92 and a beta of 1.57.
Radian Group (NYSE:RDN) last issued its quarterly earnings data on Thursday, October 26th. The insurance provider reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.04. Radian Group had a return on equity of 12.99% and a net margin of 14.88%. The firm had revenue of $312.05 million for the quarter, compared to analyst estimates of $321.10 million. During the same period in the prior year, the firm posted $0.41 EPS. The company’s revenue for the quarter was down 2.8% on a year-over-year basis. analysts predict that Radian Group will post 1.75 earnings per share for the current year.
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Radian Group Company Profile
Radian Group Inc is an insurance holding company that provides mortgage insurance, and products and services to the real estate and mortgage finance industries. The Company operates in two segments: Mortgage Insurance and Services. The Mortgage Insurance segment provides credit-related insurance coverage, principally through private mortgage insurance to mortgage lending institutions.
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