Many Radian Group Inc.(RDN) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Reiterated by FBR & Co. on Feb 13, 2017 to Outperform, Raises Price Target to $ 23 from a previous price target of $21 .
Company has reported several Insider transactions to the SEC, on Aug 11, 2016, Derek Brummer (EVP and Chief Risk Officer) purchased 16,000 shares at 12.90 per share price.On Feb 4, 2016, Sanford A Ibrahim (CEO) purchased 25,000 shares at 10.11 per share price.On Feb 4, 2016, Catherine Mary Jackson (SVP, Chief Accounting Officer) purchased 34,000 shares at 10.19 per share price.
Radian Group Inc Last issued its quarterly earnings results on Jan 26, 2017. The company reported $0.41 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.40. The company had revenue of $274.50 million for the quarter, compared to analysts expectations of $308.90 million. The companys revenue was down -.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.34 EPS.
Radian Group Inc. (NYSE:RDN) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.4 by 5 Brokerage Firm. 4 Wall Street Firms have rated the stock as a strong buys. 1 Brokerage Firms have advised hold.
Radian Group Inc. (NYSE:RDN): The mean short term price target for Radian Group Inc. (NYSE:RDN) has been established at $18.92 per share. The higher price target estimate is at $24 and the lower price target estimate is expected at $16 according to 6 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $3.41
Radian Group Inc. (NYSE:RDN) witnessed a decline in the market cap on Tuesday as its shares dropped 0.56% or 0.11 points. After the session commenced at $19.64, the stock reached the higher end at $19.87 while it hit a low of $19.54. With the volume soaring to 1,708,023 shares, the last trade was called at $19.61. The company has a 52-week high of $19.87. The company has a market cap of $4,207 million and there are 214,521,000 shares in outstanding. The 52-week low of the share price is $9.29.
Radian Group Inc. is the parent company of Radian Guaranty Inc. The company provides private mortgage insurance and risk management services to mortgage lenders nationwide; these services increase homeownership opportunities by helping people to buy homes with down payments of less than 20 percent. Private mortgage insurance protects lenders from default-related losses on residential first mortgages and facilitates the sale of low-down-payment mortgage loans in the secondary market. (PRESS RELEASE)