Radian Group Inc. (NYSE:RDN) registered a -1.37% decrease, still its new closing price is 101.16% up from the company’s 1 year high of 18.95.It posted 1.36% gains in previous 5 sessions and is now the subject of 3 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 6 buy or better ratings. The 13 stock analysts following this company have an average price target at $20.80, with individual PT in the $16.00-$25.00 range. The shares moved at $18.68, implying that brokerage firms see shares gaining about 82.95% in twelve months time.
Radian Group Inc. (RDN) SEC Form 4 News
The stock is getting much attention these days as insiders are adding shares while they posted a 3.89% rise year to date. A EVP and Chief Risk Officer at Radian Group Inc. (RDN) acquired shares in a transaction closed on Wednesday August 10, 2016. Brummer Derek bought 16,000 shares in the company at $12.87 each and collected $205,001 in proceeds. Brummer Derek now owns 41,853 shares in the company after this transaction. A President of Radian Guaranty in the company, Bryce Bazemore Teresa, disclosed a transaction on Wednesday February 10, 2016 that ended up paying $20,000 from the purchase of 1,900 shares at $10.75 per share.
Radian Group Inc. (NYSE:RDN) Upcoming Results on Tap
Radian Group Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.43 in that period. Sales during the quarter are predicted to arrive at $238.43 million.
Earnings surprise history: Last quarter, the company posted approximately $233.59 million in revenue and EPS of $0.41. The mean forecast was for $238.15 million and $0.39 a share, respectively. One quarter earlier, revenue for the stock was at $238.15 million, with earnings at $0.41/share.
Radian Group Inc. (RDN) Brokerage Update
Radian Group Inc. (RDN) is in FBR Capital’s research list so their analyst rating change is noteworthy. These shares were upgraded to Outperform from Mkt Perform by FBR Capital, according to news reported on Thursday June 30, 2016.Another important research note was issued by Macquarie on Wednesday January 20, 2016.The firm downgraded RDN to Neutral from Outperform. Over the last six months and over the last three months, the shares of Radian Group Inc. (RDN), have changed 46.80% and 41.22%, respectively.