Noteworthy Price Action: Is Radian Group Inc’s Fuel For Real? The Stock Just Increased Again


Noteworthy Price Action: Is Radian Group Inc's Fuel For Real? The Stock Just Increased Again

The stock of Radian Group Inc (NYSE:RDN) is a huge mover today! About 2.18M shares traded hands or 10.66% up from the average. Radian Group Inc (NYSE:RDN) has risen 17.45% since March 15, 2016 and is uptrending. It has outperformed by 11.97% the S&P500.
The move comes after 7 months positive chart setup for the $3.15B company. It was reported on Oct, 18 by We have $22.73 PT which if reached, will make NYSE:RDN worth $1.80B more.

Analysts await Radian Group Inc (NYSE:RDN) to report earnings on October, 25. They expect $0.38 earnings per share, up 22.58% or $0.07 from last year’s $0.31 per share. RDN’s profit will be $82.67 million for 9.53 P/E if the $0.38 EPS becomes a reality. After $0.38 actual earnings per share reported by Radian Group Inc for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Radian Group Inc (NYSE:RDN) Ratings Coverage

Out of 7 analysts covering Radian Group (NYSE:RDN), 4 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 57% are positive. Radian Group has been the topic of 19 analyst reports since August 31, 2015 according to StockzIntelligence Inc. The company was maintained on Wednesday, October 28 by Macquarie Research. The stock of Radian Group Inc (NYSE:RDN) earned “Buy” rating by M Partners on Monday, August 31. The rating was maintained by Credit Suisse with “Neutral” on Monday, May 2. FBR Capital maintained the shares of RDN in a report on Friday, July 29 with “Outperform” rating. The stock has “Buy” rating given by Compass Point on Wednesday, October 28. Wells Fargo initiated Radian Group Inc (NYSE:RDN) on Friday, October 2 with “Market Perform” rating. The company was initiated on Monday, October 17 by Bank of America. The firm earned “Outperform” rating on Thursday, June 30 by FBR Capital. The firm has “Buy” rating given on Friday, January 29 by Compass Point. The stock of Radian Group Inc (NYSE:RDN) earned “Neutral” rating by Macquarie Research on Wednesday, January 20.

According to Zacks Investment Research, “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)”

Insitutional Activity: The institutional sentiment increased to 1.49 in Q2 2016. Its up 0.49, from 1 in 2016Q1. The ratio increased, as 22 funds sold all Radian Group Inc shares owned while 55 reduced positions. 31 funds bought stakes while 84 increased positions. They now own 195.94 million shares or 1.34% less from 198.59 million shares in 2016Q1.
Ellington Mgmt Grp Inc Ltd Liability accumulated 32,600 shares or 0.47% of the stock. Great West Life Assurance Can has 20,864 shares for 0% of their US portfolio. Alliancebernstein Lp holds 411,372 shares or 0% of its portfolio. Moreover, Emerald Advisers Inc Pa has 0.14% invested in Radian Group Inc (NYSE:RDN) for 284,810 shares. Moreover, Nationwide Fund has 0.01% invested in Radian Group Inc (NYSE:RDN) for 209,933 shares. Schwab Charles Investment Mgmt holds 0.02% or 1.57M shares in its portfolio. Blackrock Advisors Llc, a Delaware-based fund reported 103,354 shares. Public Employees Retirement Association Of Colorado holds 41,683 shares or 0% of its portfolio. Renaissance Tech Ltd Company, a New York-based fund reported 1.35 million shares. Moreover, Gargoyle Investment Advisor Limited Liability Corporation has 0.33% invested in Radian Group Inc (NYSE:RDN) for 84,495 shares. The Germany-based Deutsche Commercial Bank Ag has invested 0.01% in Radian Group Inc (NYSE:RDN). Moreover, Suntrust Banks has 0% invested in Radian Group Inc (NYSE:RDN) for 54,672 shares. Ejf Ltd Liability Corporation has invested 2.29% of its portfolio in Radian Group Inc (NYSE:RDN). New York State Common Retirement Fund last reported 0.01% of its portfolio in the stock. Quantbot Technologies Lp has 41,419 shares for 0.05% of their US portfolio.

Insider Transactions: Since August 10, 2016, the stock had 1 buy, and 0 insider sales for $205,970 net activity. 16,000 Radian Group Inc (NYSE:RDN) shares with value of $205,970 were bought by Brummer Derek.

More news for Radian Group Inc (NYSE:RDN) were recently published by:, which released: “Radian to Webcast Third Quarter Conference Call on October 27, 2016” on October 17, 2016.‘s article titled: “Radian Named Preferred Mortgage Insurance Provider for Your Path Loan Program” and published on October 17, 2016 is yet another important article.

RDN Company Profile

Radian Group Inc., incorporated on December 6, 1991, is a holding firm that provides mortgage insurance, and services and products to the real estate and mortgage finance industries. The Firm operates in two business divisions: Mortgage Insurance and Services. The Company’s clients include mortgage bankers, mortgage brokers, commercial banks, savings institutions, credit unions and community banks.

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