A new trading day began on Tuesday, with Radian Group, Inc (NYSE: RDN) stock price down -0.62% from the previous day of trading, before settling in for the closing price of $34.07. RDN’s price has ranged from $24.92 to $37.86 over the past 52 weeks.
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A company in the Financial sector has jumped its sales by 0.03% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 1.25%. With a float of $146.79 million, this company’s outstanding shares have now reached $153.18 million.
In an organization with 1100 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 60.98%, operating margin of 64.22%, and the pretax margin is 58.5%.
Radian Group, Inc (RDN) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Insurance – Specialty Industry. The insider ownership of Radian Group, Inc is 1.44%, while institutional ownership is 95.59%. The most recent insider transaction that took place on Sep 05 ’24, was worth 1,242,985. In this transaction President, Mortgage Insurance of this company sold 35,153 shares at a rate of $35.36, taking the stock ownership to the 186,535 shares. Before that another transaction happened on Sep 05 ’24, when Company’s Officer proposed sale 35,153 for $35.36, making the entire transaction worth $1,242,985.
Radian Group, Inc (RDN) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 1.25% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -2.56% 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
Here are Radian Group, Inc’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.87.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.86, a number that is poised to hit 0.92 in the next quarter and is forecasted to reach 3.69 in one year’s time.
Technical Analysis of Radian Group, Inc (RDN)
Let’s dig in a bit further. During the last 5-days, its volume was 1.12 million. That was better than the volume of 1.05 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 55.47%. Additionally, its Average True Range was 0.83.
During the past 100 days, Radian Group, Inc’s (RDN) raw stochastic average was set at 42.69%, which indicates a significant decrease from 57.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.10% in the past 14 days, which was higher than the 29.52% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $34.45, while its 200-day Moving Average is $32.48. However, in the short run, Radian Group, Inc’s stock first resistance to watch stands at $34.01. Second resistance stands at $34.16. The third major resistance level sits at $34.26. If the price goes on to break the first support level at $33.76, it is likely to go to the next support level at $33.66. Assuming the price breaks the second support level, the third support level stands at $33.51.
Radian Group, Inc (NYSE: RDN) Key Stats
With a market capitalization of 5.04 billion, the company has a total of 148,933K Shares Outstanding. Currently, annual sales are 1,241 M while annual income is 603,120 K. The company’s previous quarter sales were 333,860 K while its latest quarter income was 151,890 K.
