Gaining Ground: Radian Group, Inc. (RDN)’s financial ratios: A comprehensive overview

Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.

In other words, the price has increased by $0.00 from its previous closing price. On the day, 0.97 million shares were traded. RDN stock price reached its highest trading level at $31.615 during the session, while it also had its lowest trading level at $31.3.

Ratios:

We take a closer look at RDN’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 0.40 whereas as Long-Term Debt/Eq ratio is at 0.36.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Keefe Bruyette on April 04, 2024, Downgraded its rating to Mkt Perform and sets its target price to $35 from $36 previously.

On December 13, 2023, Keefe Bruyette Upgraded its rating to Outperform which previously was Mkt Perform but kept the price unchanged to $29.

On December 06, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $28.UBS initiated its Neutral rating on December 06, 2023, with a $28 target price.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 17 ’23 when Serio Gregory sold 3,800 shares for $26.82 per share. The transaction valued at 101,916 led to the insider holds 8,221 shares of the business.

Hess Lisa W sold 655 shares of RDN for $18,029 on Aug 14 ’23. The Director now owns 6,417 shares after completing the transaction at $27.52 per share. On Jun 05 ’23, another insider, Hoffman Edward J, who serves as the Sr. EVP, General Counsel of the company, sold 30,000 shares for $25.98 each. As a result, the insider received 779,400 and left with 124,784 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RDN now has a Market Capitalization of 4719114752 and an Enterprise Value of 5737328128. As of this moment, Radian’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.31, and their Forward P/E ratio for the next fiscal year is 8.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.77 while its Price-to-Book (P/B) ratio in mrq is 1.07. Its current Enterprise Value per Revenue stands at 4.589 whereas that against EBITDA is 6.047.

Stock Price History:

The Beta on a monthly basis for RDN is 1.04, which has changed by 0.21097374 over the last 52 weeks, in comparison to a change of 0.2644323 over the same period for the S&P500. Over the past 52 weeks, RDN has reached a high of $33.69, while it has fallen to a 52-week low of $24.34. The 50-Day Moving Average of the stock is 0.78%, while the 200-Day Moving Average is calculated to be 11.68%.

Shares Statistics:

According to the various share statistics, RDN traded on average about 1.30M shares per day over the past 3-months and 721290 shares per day over the past 10 days. A total of 153.18M shares are outstanding, with a floating share count of 149.14M. Insiders hold about 0.95% of the company’s shares, while institutions hold 102.42% stake in the company. Shares short for RDN as of 1714435200 were 6444418 with a Short Ratio of 4.94, compared to 1711584000 on 8074259. Therefore, it implies a Short% of Shares Outstanding of 6444418 and a Short% of Float of 4.97.

Dividends & Splits

The forward annual dividend rate for RDN is 0.92, which was 0.92 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.029355457The stock’s 5-year Average Dividend Yield is 2.35. The current Payout Ratio is 23.90% for RDN, which recently paid a dividend on 2024-02-23 with an ex-dividend date of 1708646400. Stock splits for the company last occurred on 2001-06-21 when the company split stock in a 2:1 ratio.

Earnings Estimates

The stock of Radian Group, Inc. (RDN) is currently in the spotlight, with 7.0 analysts actively rating and assessing its market standing.On average, analysts expect EPS of $0.86 for the current quarter, with a high estimate of $0.9 and a low estimate of $0.77, while EPS last year was $0.91. The consensus estimate for the next quarter is $0.86, with high estimates of $0.89 and low estimates of $0.8.

Analysts are recommending an EPS of between $3.66 and $3.45 for the fiscal current year, implying an average EPS of $3.53. EPS for the following year is $3.54, with 7.0 analysts recommending between $3.72 and $3.25.

Revenue Estimates

According to 4 analysts, the current quarter’s revenue is expected to be $239.25M. It ranges from a high estimate of $243.2M to a low estimate of $237.2M. As of the current estimate, Radian Group, Inc.’s year-ago sales were $259.48MFor the next quarter, 4 analysts are estimating revenue of $240.03M. There is a high estimate of $243.2M for the next quarter, whereas the lowest estimate is $237.3M.

A total of 5 analysts have provided revenue estimates for RDN’s current fiscal year. The highest revenue estimate was $964.1M, while the lowest revenue estimate was $948.6M, resulting in an average revenue estimate of $956.59M. In the same quarter a year ago, actual revenue was $919.58MBased on 5 analysts’ estimates, the company’s revenue will be $981.29M in the next fiscal year. The high estimate is $1B and the low estimate is $954M.

Most Popular

[the_ad id="945"]