Radian Group, Inc (NYSE: RDN) on Tuesday, plunged -0.59% from the previous trading day, before settling in for the closing price of $35.74. Within the past 52 weeks, RDN’s price has moved between $24.92 and $37.86.
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Annual sales at Financial sector company grew by 0.03% over the past five years. The company achieved an average annual earnings per share of 1.25%. With a float of $146.81 million, this company’s outstanding shares have now reached $149.78 million.
Let’s look at the performance matrix of the company that is accounted for 1100 employees. 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 and Institutional Ownership
Observing investor behavior towards Insurance – Specialty industry stocks is more important than anything else. The insider ownership of Radian Group, Inc is 1.42%, while institutional ownership is 95.20%. The most recent insider transaction that took place on Nov 26 ’24, was worth 699,156. In this transaction Chief Executive Officer of this company sold 20,000 shares at a rate of $34.96, taking the stock ownership to the 909,452 shares. Before that another transaction happened on Nov 26 ’24, when Company’s Officer proposed sale 20,000 for $34.96, making the entire transaction worth $699,156.
Radian Group, Inc (RDN) Latest Financial update
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.96 earnings per share (EPS) for the period topping the consensus outlook (set at 0.88) by 0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.93 per share during the current fiscal year.
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
Radian Group, Inc (RDN) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.06.
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)
Radian Group, Inc (NYSE: RDN) saw its 5-day average volume 0.84 million, a negative change from its year-to-date volume of 1.04 million. As of the previous 9 days, the stock’s Stochastic %D was 87.30%. Additionally, its Average True Range was 0.75.
During the past 100 days, Radian Group, Inc’s (RDN) raw stochastic average was set at 62.60%, which indicates a significant decrease from 80.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.69% in the past 14 days, which was lower than the 29.46% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $34.46, while its 200-day Moving Average is $32.80. Nevertheless, the first resistance level for the watch stands at $35.82 in the near term. At $36.10, the stock is likely to face the second major resistance level. The third major resistance level sits at $36.33. If the price goes on to break the first support level at $35.31, it is likely to go to the next support level at $35.08. The third support level lies at $34.80 if the price breaches the second support level.
Radian Group, Inc (NYSE: RDN) Key Stats
Market capitalization of the company is 5.29 billion based on 148,933K outstanding shares. Right now, sales total 1,241 M and income totals 603,120 K. The company made 333,860 K in profit during its latest quarter, and 151,890 K in sales during its previous quarter.
