On Tuesday, Radian Group, Inc. (NYSE: RDN) was -1.51% drop from the session before ,before settling in for the closing price of $31.83. A 52-week range for RDN has been $21.84 – $33.69.
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Annual sales at Financial sector company grew by 0.03% over the past five years. When this article was written, the company’s average yearly earnings per share was at -13.53%. With a float of $150.16 million, this company’s outstanding shares have now reached $153.18 million.
Let’s look at the performance matrix of the company that is accounted for 1100 employees.
Radian Group, Inc. (RDN) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Radian Group, Inc. stocks. The insider ownership of Radian Group, Inc. is 0.89%, while institutional ownership is 97.44%. The most recent insider transaction that took place on Aug 17 ’23, was worth 101,916. In this transaction Director of this company sold 3,800 shares at a rate of $26.82, taking the stock ownership to the 8,221 shares. Before that another transaction happened on Aug 14 ’23, when Company’s Director sold 655 for $27.52, making the entire transaction worth $18,029. This insider now owns 6,417 shares in total.
Radian Group, Inc. (RDN) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 12/30/2023, it has been observed that the corporation posted $0.96 earnings per share (EPS) during the time that was better than consensus figure (set at $0.86) by $0.1. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.85 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -13.53% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.06% during the next five years compared to 6.32% growth over the previous five years of trading.
Radian Group, Inc. (NYSE: RDN) Trading Performance Indicators
You can see what Radian Group, Inc. (RDN) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.82. Likewise, its price to free cash flow for the trailing twelve months is 9.26.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.77, a number that is poised to hit 0.84 in the next quarter and is forecasted to reach 3.58 in one year’s time.
Technical Analysis of Radian Group, Inc. (RDN)
Radian Group, Inc. (NYSE: RDN) saw its 5-day average volume 1.18 million, a negative change from its year-to-date volume of 1.37 million. As of the previous 9 days, the stock’s Stochastic %D was 20.43%. Additionally, its Average True Range was 0.74.
During the past 100 days, Radian Group, Inc.’s (RDN) raw stochastic average was set at 73.36%, which indicates a significant increase from 14.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.69% in the past 14 days, which was higher than the 25.56% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $30.02, while its 200-day Moving Average is $27.48. Nevertheless, the first resistance level for the watch stands at $31.87 in the near term. At $32.39, the stock is likely to face the second major resistance level. The third major resistance level sits at $32.73. If the price goes on to break the first support level at $31.01, it is likely to go to the next support level at $30.67. Assuming the price breaks the second support level, the third support level stands at $30.15.
Radian Group, Inc. (NYSE: RDN) Key Stats
There are 151,498K outstanding shares of the company, which has a market capitalization of 4.75 billion. As of now, sales total 1,241 M while income totals 603,120 K. Its latest quarter income was 326,020 K while its last quarter net income were 142,690 K.
