For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
Radian Group, Inc (NYSE: RDN) closed the day trading at $32.38 up 0.84% from the previous closing price of $32.11. In other words, the price has increased by $0.84 from its previous closing price. On the day, 1.54 million shares were traded. RDN stock price reached its highest trading level at $32.525 during the session, while it also had its lowest trading level at $32.02.
Ratios:
For a better understanding of RDN, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.45 whereas as Long-Term Debt/Eq ratio is at 0.35.
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 June 03, 2024, Upgraded its rating to Outperform and sets its target price to $36 from $35 previously.
On April 04, 2024, Keefe Bruyette Downgraded its rating to Mkt Perform which previously was Outperform and also lowered its target price recommendation from $36 to $35.
Keefe Bruyette Upgraded its Mkt Perform to Outperform on December 13, 2023, while the target price for the stock was maintained at $29.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 05 ’24 when Brummer Derek sold 35,153 shares for $35.36 per share. The transaction valued at 1,242,985 led to the insider holds 186,535 shares of the business.
Brummer Derek bought 35,153 shares of RDN for $1,242,985 on Sep 05 ’24. On Aug 28 ’24, another insider, Dickerson Mary, who serves as the Sr. EVP, CPO & COO of the company, sold 19,511 shares for $35.93 each. As a result, the insider received 701,065 and left with 0 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 4870567424 and an Enterprise Value of 6190819328. As of this moment, Radian’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.42, and their Forward P/E ratio for the next fiscal year is 8.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.80 while its Price-to-Book (P/B) ratio in mrq is 1.09. Its current Enterprise Value per Revenue stands at 4.83 whereas that against EBITDA is 6.432.
Stock Price History:
Over the past 52 weeks, RDN has reached a high of $37.86, while it has fallen to a 52-week low of $24.92. The 50-Day Moving Average of the stock is -6.69%, while the 200-Day Moving Average is calculated to be 0.48%.
Shares Statistics:
Over the past 3-months, RDN traded about 940.63K shares per day on average, while over the past 10 days, RDN traded about 1417470 shares per day. A total of 153.18M shares are outstanding, with a floating share count of 148.27M. Insiders hold about 1.43% of the company’s shares, while institutions hold 95.72% stake in the company. Shares short for RDN as of 1728950400 were 5012139 with a Short Ratio of 5.33, compared to 1726185600 on 5049636. Therefore, it implies a Short% of Shares Outstanding of 5012139 and a Short% of Float of 3.8900003.
Dividends & Splits
RDN’s forward annual dividend rate is 0.96, up from 0.94 a year ago. Against a Trailing Annual Dividend Yield of 0.029274369The stock’s 5-year Average Dividend Yield is 2.63.
