A share price of Radian Group, Inc [RDN] is currently trading at $32.35, down -0.31%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The RDN shares have lost -1.40% over the last week, with a monthly amount drifted -6.07%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Radian Group, Inc [NYSE: RDN] stock has seen the most recent analyst activity on June 03, 2024, when Keefe Bruyette upgraded its rating to a Outperform and also boosted its price target to $36 from $35. Previously, Keefe Bruyette downgraded its rating to Mkt Perform on April 04, 2024, and dropped its price target to $35. On December 13, 2023, upgrade upgraded it’s rating to Outperform but maintained its price target of $29 on the stock. UBS started tracking the stock assigning a Neutral rating and suggested a price target of $28 on December 06, 2023. Barclays initiated its recommendation with a Equal Weight and recommended $28 as its price target on November 15, 2023. Keefe Bruyette downgraded its rating to Mkt Perform for this stock on June 13, 2023, but kept the price target unchanged to $27.50. In a note dated May 09, 2023, BofA Securities downgraded an Underperform rating on this stock.
Radian Group, Inc experienced fluctuations in its stock price throughout the past year between $27.21 and $37.86. Currently, Wall Street analysts expect the stock to reach $27.63 within the next 12 months. Radian Group, Inc [NYSE: RDN] shares were valued at $32.35 at the most recent close of the market. An investor can expect a potential drop of -14.59% based on the average RDN price forecast.
Analyzing the RDN fundamentals
Trailing Twelve Months sales for Radian Group, Inc [NYSE:RDN] were 1.29B which represents -3.89% decline. Gross Profit Margin for this corporation currently stands at 0.48% with Operating Profit Margin at 0.64%, Pretax Profit Margin comes in at 0.6%, and Net Profit Margin reading is 0.47%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.1 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.51.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 32.19 points at the first support level, and at 32.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 32.58, and for the 2nd resistance point, it is at 32.81.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Radian Group, Inc [NYSE:RDN] is 2.20. Considering the valuation of this stock, the price to sales ratio is 3.64, the price to book ratio is 1.03 and price to earnings (TTM) ratio is 8.23.
Transactions by insiders
Recent insider trading involved Thornberry Richard G, Chief Executive Officer, that happened on Feb 25 ’25 when 20000.0 shares were sold. Officer, Thornberry Richard G completed a deal on Feb 25 ’25 to buy 20000.0 shares. Meanwhile, Chief Executive Officer Thornberry Richard G sold 20000.0 shares on Jan 28 ’25.
