As of Friday close, Radian Group Inc.’s (NYSE:RDN) stock was down -$0.86, moving down -4.05 percent to $20.37. The average number of shares traded per day over the past five days has been 10,471,440 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.81 fall in that time frame. In the last twenty days, the average volume was 4,162,865, while in the previous 50 days, it was 2,415,940.
Since last month, RDN stock retreated -8.57%. Shares of the company fell to $20.01 on 03/17/23, the lowest level in the past month. A 52-week high of $23.83 was reached on 03/06/23 after having rallying from a 52-week low of $17.83. Since the beginning of this year, RDN’s stock price has risen by 6.82% or $1.30, and marked a new high 14 times. However, the stock has declined by -14.54% since its 52-week high.
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RDN stock investors should be aware that Radian Group Inc. (RDN) stock had its last reported insider trading activity 12 days ago on Mar 06. Brummer Derek, the President, Mortgage of the company, disposed of 12,000 shares for $23.17 on Mar 06. It resulted in a $277,998 divestment by the insider. Brummer Derek sold 25,000 shares at an average price of $21.75 on Mar 03. The insider now owns 183,990 shares following the transaction. On Feb 28, President, Mortgage Brummer Derek sold 13,130 shares at $21.57 apiece. The transaction was valued at $283,188.
Valuation Metrics
Right now, Radian Group Inc. (RDN) has a P/E ratio of about 4.67. The stock’s beta is 1.15. Besides these, the trailing price-to-sales (P/S) ratio of 2.78, the price-to-book (PB) ratio of 0.82, and the price-to-cash flow ratio of 14.08 may also be considered.
The latest dividend of $0.2250 per share was paid out, which is 12.5% more than last year’s $0.20. On Wednesday February 15 2023, a $0.0250 dividend increase was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending December 30 was 0.40, and the total debt-to-equity ratio was 0.40. In the year ended December 30, operating margins totaled 87.10%.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 15.10%. Return on equity (ROE) for the past 12 months was 18.90%.
In Radian Group Inc.’s quarter-end financial report for December 30, it reported total debt of $1.41 billion. RDN’s revenue fell -9.98% to $286.83 million during the quarter, while net income inched up to $296.19 million. While analysts expected Radian Group Inc. to report $0.75 quarterly earnings, the actual figure was $1.05 per share. The value of shareholders’ equity is $157.19 million.
Technical Picture
This quick technical analysis looks at Radian Group Inc.’s (RDN) price momentum. With a historical volatility rate of 31.98%, the RSI 9-day stood at 33.96% on 17 March.
With respect to its five-day moving average, the current Radian Group Inc. price is down by -3.82% percent or -$0.81. At present, RDN shares trade -8.65% below its 20-day simple moving average and +6.15% percent above its 100-day simple moving average. However, the stock is currently trading approximately +5.00% above its SMA50 and -5.30% below its SMA200.
Stochastic coefficient K was 19.29% and Stochastic coefficient D was 21.13%, while ATR was 0.85. Given the Stochastic reading of 9.41% for the 14-day period, the RSI (14) reading has been calculated as 38.37%. As of today, the MACD Oscillator reading stands at -0.59, while the 14-day reading stands at -0.73.
Analyst Ratings
Radian Group Inc. downgraded its rating on Radian Group Inc. (NYSE: RDN) to an Equal weight in a note to investors on January 06, 2023. The analysts firm previously had an Overweight rating on the stock.