Earnings Forecast Research on Radian Group Inc. (RDN)

Radian Group Inc. has received $0.43 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 3 Financial Advisor in the Stock Trading Firms. Among 3 Analysts, Bottom line EPS Estimate for the current quarter is $0.39 while the top line estimate is $0.45 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 15.32%.

Radian Group Inc. reported better than expected with a surprise EPS of 2.5% or $0.01 during its most recent quarterly earnings. The Actual EPS was $0.41 compared to the Estimated EPS of $0.4. Philadelphia based Radian Group Inc. Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Apr 26, 2017.

Radian Group Inc. has a Price to Earnings ratio of 11.55 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 1.35. For the Most Recent Fiscal Year, Radian Group Inc. has a price to cash ratio of 9.1. For the Trailing twelve month period, company showed a Net Profit Margin of 24.89% and Return on Equity of the stock is 12.69%.

In the last quarter, Radian Group Inc. reported Annual Earnings of $0.41. Based on the filings, last years Annual Earnings was, $1.56. In the last Quarter, RDN reported a surprise Earnings per Share of 2.5% . The consensus estimate for current quarter is $0.43 and for the current fiscal year, the estimate is $1.76. For the Next fiscal year, the estimate is $1.96 based on the consensus.

Radian Group Inc. (NYSE:RDN) : On Tuesday heightened volatility was witnessed in Radian Group Inc. (NYSE:RDN) which led to swings in the share price. The stock opened for trading at $18.12 and hit $18.49 on the upside , eventually ending the session at $18.4, with a gain of 1.43% or 0.26 points. The heightened volatility saw the trading volume jump to 1,784,729 shares. The 52-week high of the share price is $18.75 and the company has a market cap of $3,947 million. The 52-week low of the share price is at $9.29 .

Radian Group Inc. is the parent company of Radian Guaranty Inc. The company provides private mortgage insurance and risk management services to mortgage lenders nationwide; these services increase homeownership opportunities by helping people to buy homes with down payments of less than 20 percent. Private mortgage insurance protects lenders from default-related losses on residential first mortgages and facilitates the sale of low-down-payment mortgage loans in the secondary market. (PRESS RELEASE)


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