Radian Group (RDN) Scheduled to Post Earnings on Thursday

Marco Green
April 19, 2018

Analysts expect Radian Group to post earnings of $0.56 per share for the quarter. It has ranged in price between $15.96-$16.47 after having started the session at $16.02 as compared to the previous trading day's close of $16.04. About 4.28M shares traded or 140.51% up from the average. (NYSE:RDN) earned "Hold" rating by RBC Capital Markets. RDN underperformed the S&P 500 by 4.56%.

Among 11 analysts covering Radian Group (NYSE:RDN), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 33% are positive. Finally, Friess Associates LLC purchased a new stake in shares of Radian Group during the fourth quarter valued at approximately $12,586,000. Cadence Capital Management Llc bought 12,145 shares as the company's stock rose 4.58% while stock markets declined. The rating was maintained by Barclays Capital on Friday, February 2 with "Overweight". They set a "neutral" rating on the stock. The company was maintained on Friday, January 29 by Compass Point. The firm has "Buy" rating given on Thursday, April 28 by Compass Point. As per Wednesday, January 20, the company rating was downgraded by Macquarie Research. The rating was maintained by M Partners with "Buy" on Monday, August 31. Radian Group's revenue was up 15.8% on a year-over-year basis. FBR Capital has "Outperform" rating and $16 target.

The stock of Radian Group Inc.

Investors sentiment decreased to 0.99 in Q4 2017. Its down 0.20, from 1.14 in 2017Q3. ETRADE Capital Management LLC now owns 16,646 shares of the insurance provider's stock worth $343,000 after buying an additional 3,149 shares during the last quarter. Employees Retirement Association Of Colorado holds 0.01% of its portfolio in Radian Group Inc. (NYSE:JONE) for 13,997 shares. (NYSE:JONE) for 59,590 shares. Invesco Ltd invested 0% in Jones Energy, Inc. Investec Asset Management LTD raised its position in shares of Radian Group by 23.0% in the fourth quarter.

Neumeier Poma Investment Counsel Llc holds 2.77% of its portfolio in MKS Instruments, Inc. for 292,370 shares. Morgan Stanley accumulated 2.38 million shares. About 1.56 million shares traded. The company has market cap of $50.71 million. Deutsche Bank downgraded the stock to "Hold" rating in Friday, November 3 report.

Analysts await MKS Instruments, Inc. The stock's average target of $66 is -43.63% below today's ($117.09) share price. The stock of Jones Energy, Inc. (NYSE:RDN) on Thursday, January 4 to "Neutral" rating. The rating was maintained by Oppenheimer with "Hold" on Thursday, August 10. The rating was maintained by Deutsche Bank with "Buy" on Wednesday, October 25. The rating was initiated by JP Morgan on Wednesday, December 9 with "Overweight". On Wednesday, October 25 the stock rating was maintained by Deutsche Bank with "Buy". Capital Ww Invsts invested in 8.62M shares.

Investors sentiment decreased to 0.94 in Q4 2017. Its down 0.10, from 1.09 in 2017Q3. Radian Group has a 52-week low of $15.52 and a 52-week high of $23.49. APG Asset Management N.V. raised its position in shares of Radian Group by 159.3% in the fourth quarter. 197.95 million shares or 1.52% more from 194.98 million shares in 2017Q3 were reported. Radian Group Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that CEO Thornberry Richard G has acquired 5,000 shares of Radian Group Inc. It also increased its holding in Verizon Communications Inc (NYSE:VZ) by 492 shares in the quarter, for a total of 38,676 shares, and has risen its stake in Ford Mtr Co Del (NYSE:F). Bluemountain Capital Mgmt Limited Co holds 0.13% or 319,781 shares in its portfolio. Jane Street Group Inc Lc stated it has 18,514 shares or 0% of all its holdings. "Riley Weighs in on Radian Group's Q1 2018 Earnings (RDN)" was originally posted by registrarjournal.com and is the sole property of of registrarjournal.com. (NYSE:RDN). D E Shaw & invested 0% in Radian Group Inc.

Credit Suisse Ag reported 229,285 shares stake. 2,157 were reported by Parkside Bancorporation And. 10,500 RF Industries, Ltd. (NASDAQ:RFIL) shares with value of $48,090 were sold by Reynolds William. (NYSE:RDN) for 341,753 shares. Nikko Asset Mngmt Americas invested in 1,100 shares or 0% of the stock. Quantum Cap Management invested in 13,890 shares. Also, the Hold rating count is 0, as of 4/17/18.

Radian Group Inc., through its subsidiaries, provides mortgage and real estate services and products in the United States.The firm is worth $3.54 billion. It operates through two divisions, Mortgage Insurance and Services. It has a 28.78 P/E ratio. The Mortgage Insurance segment offers credit-related insurance coverage, primarily through private mortgage insurance, as well as other credit risk management solutions to mortgage lending institutions; and primary mortgage insurance coverage on residential first-lien mortgage loans.

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