Brokers Predict Radian Group Inc. (NYSE: RDN) to Put up Earnings of $ 0.67 Per Share

Brokers count on Radian Group Inc. (NYSE: RDN) to report earnings of $ 0.67 per share for the present quarter, in keeping with Zacks. No analyst has launched estimates for Radian Group earnings, with estimates starting from $ 0.66 to $ 0.67. Radian Group posted earnings per share of $ 0.80 in the identical quarter of final 12 months, which might recommend a unfavorable development fee of 16.3% 12 months over 12 months. The corporate is predicted to announce its subsequent quarterly earnings report on Wednesday, Might 5.

On common, analysts count on Radian Group to report annual earnings of $ 2.71 per share for the present 12 months, with EPS estimates starting from $ 2.60 to $ 2.85. For subsequent 12 months, analysts count on the corporate to report earnings of $ 3.02 per share, with EPS estimates starting from $ 2.91 to $ 3.15. Zacks’ EPS calculations are a mean primarily based on a survey of analysts who cowl Radian Group.

Radian Group (NYSE: RDN) final launched its quarterly outcomes on Wednesday, February 24. The insurance coverage supplier reported EPS of $ 0.69 for the quarter, beating the Zacks’ consensus estimate of $ 0.65 by $ 0.04. The corporate reported gross sales of $ 341.05 million for the quarter. Radian Group had a web margin of 27.92% and a return on fairness of 9.49%.

A number of brokerage companies have not too long ago revealed experiences on RDN. BTIG Analysis lowered its worth goal on Radian Group from $ 28.00 to $ 26.00 and set a “purchase” score on the inventory in a analysis be aware on Thursday, December 17. Zacks funding analysis raised Radian Group from a “promote” score to a “keep” score and set a worth goal of $ 23.00 on the inventory in a analysis report on Wednesday, March 10. Two fairness analysis analysts rated the inventory with a sustaining score and 6 gave the inventory a purchase score. The corporate at the moment has a consensus score of “Purchase” and a mean goal worth of $ 23.67.

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Hedge funds not too long ago modified their holdings of equities. First Command Financial institution bought a brand new stake in Radian Group shares throughout the fourth quarter valued at roughly $ 30,000. CI Investments Inc. elevated its place in Radian Group by 5,746.7% throughout the fourth quarter. CI Investments Inc. now owns 1,754 shares of the insurance coverage firm valued at $ 36,000 after buying a further 1,724 shares within the final quarter. The Ohio State Worker Retirement System elevated its stake in Radian Group by 14.3% within the third quarter. The Ohio Public Sector Worker Retirement System now owns 8,563 shares of the insurance coverage firm valued at $ 125,000 after buying a further 1,069 shares within the final quarter. O Shaughnessy Asset Administration LLC elevated its stake in Radian Group by 39.7% within the third quarter. O Shaughnessy Asset Administration LLC now owns 9,531 shares of the insurance coverage firm valued at $ 139,000 after buying a further 2,707 shares within the final quarter. Lastly, the Toronto Dominion Financial institution acquired a brand new place in Radian Group within the fourth quarter for a worth of $ 185,000. 95.22% of the inventory is at the moment held by institutional buyers.

Actions of NYSE: RDN open for $ 23.25 Thursday. The corporate’s 50-day easy shifting common is $ 21.65 and its 200-day easy shifting common is $ 19.48. The corporate has a debt to fairness ratio of 0.37, a fast ratio of 1.04, and a present ratio of 1.04. Radian Group has a one-year minimal of $ 9.53 and a one-year most of $ 24.04. The corporate has a market cap of $ 4.46 billion, a PE ratio of 11.40, a worth / earnings-growth ratio of 1.61, and a beta of 1.58.

The corporate additionally not too long ago declared a quarterly dividend, which was paid on Thursday, March 4. Shareholders of report on Monday February 22 obtained a dividend of $ 0.125. This represents an annualized dividend of $ 0.50 and a dividend yield of two.15%. The ex-dividend date was Friday February 19. Radian Group’s payout ratio is 15.58%.

Radian Group Firm Profile

Radian Group Inc, together with its subsidiaries, is engaged in mortgage and actual property providers enterprise in america. The corporate operates in two segments, mortgage insurance coverage and providers. The mortgage insurance coverage trade gives credit score insurance coverage protection, primarily by non-public mortgage insurance coverage on senior residential mortgages, in addition to different credit score threat administration options to lending establishments. mortgage and mortgage buyers.

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7 cloud computing shares to take your portfolio to new heights

Cloud computing appears sophisticated, and it has develop into extra refined because it evolves. Nonetheless, the essential concept behind the cloud is identical. The “cloud” is a euphemistic time period for the availability of assorted providers over the Web. In its early days, the cloud was used solely for information storage. Right here is a straightforward instance of why this was necessary.

When the Web was gaining floor, I used to be working in advertising and marketing communications. The necessity to adjust to Whole High quality Management Methods (TQCS) for our bigger clients meant that we needed to save each model of our information. All. Alone. A. Now think about that you’re producing a 120 web page product catalog with photographs and graphics. Your exhausting drive burns simply occupied with it. But this “information” needed to be saved someplace. So we had a digital server farm attempting to retailer all these graphics-hungry (and memory-hungry) information till we might archive them.

Apart from the storage nightmare, take into account it a ache to work remotely. You may copy a file from the server, however have been you engaged on the proper file then? I am certain not less than one particular person is studying this who remembers that ache.

The cloud takes that away. Cloud computing lets you retailer information on a safe distant server that anybody can entry anyplace they’ve an web connection. But it surely turned a lot greater than that. Cloud computing now gives companies with a platform from which to construct functions and software program. If that sounds complicated, I hope to simplify it on this presentation. That can assist you perceive which cloud computing shares you would possibly need to add to your portfolio, and we have created this particular presentation. These are seven of the cloud computing shares that can proceed to develop with the trade.

Try the “7 Cloud Computing Actions to Elevate Your Portfolio to New Heights.”

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