Radian Group, Inc. (NYSE: RDN) kicked off on Tuesday, down -1.07% from the previous trading day, before settling in for the closing price of $29.80. Over the past 52 weeks, RDN has traded in a range of $22.93-$33.69.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Financial Sector giant saw their annual sales surged by 0.03% over the last five years. While this was happening, its average annual earnings per share was recorded -13.54%. With a float of $150.16 million, this company’s outstanding shares have now reached $153.18 million.
The firm has a total of 1100 workers. Let’s measure their productivity.
Radian Group, Inc. (RDN) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Insurance – Specialty Industry. The insider ownership of Radian Group, Inc. is 0.89%, while institutional ownership is 97.47%. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -13.54% 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
Take a look at Radian Group, Inc.’s (RDN) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.59. Likewise, its price to free cash flow for the trailing twelve months is 8.70.
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 3.56 in one year’s time.
Technical Analysis of Radian Group, Inc. (RDN)
Analysing the last 5-days average volume posted by the [Radian Group, Inc., RDN], we can find that recorded value of 0.89 million was lower than the volume posted last year of 1.34 million. As of the previous 9 days, the stock’s Stochastic %D was 9.41%. Additionally, its Average True Range was 0.78.
During the past 100 days, Radian Group, Inc.’s (RDN) raw stochastic average was set at 52.03%, which indicates a significant increase from 6.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.45% in the past 14 days, which was higher than the 26.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $30.09, while its 200-day Moving Average is $27.60. Now, the first resistance to watch is $29.73. This is followed by the second major resistance level at $29.99. The third major resistance level sits at $30.26. If the price goes on to break the first support level at $29.21, it is likely to go to the next support level at $28.94. Should the price break the second support level, the third support level stands at $28.68.
Radian Group, Inc. (NYSE: RDN) Key Stats
The company with the Market Capitalisation of 4.47 billion has total of 151,509K Shares Outstanding. Its annual sales at the moment are 1,241 M in contrast with the sum of 603,120 K annual income. Company’s last quarter sales were recorded 326,020 K and last quarter income was 142,690 K.
