News stories about Radian Group (NYSE:RDN) have been trending very positive on Tuesday, according to Alpha One Sentiment. The research firm, a service of Accern, identifies positive and negative news coverage by analyzing more than 20 million blog and news sources. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Radian Group earned a media sentiment score of 0.56 on Alpha One’s scale. Alpha One also assigned media stories about the insurance provider an impact score of 45 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the news articles that may have effected Alpha One Sentiment Analysis’s analysis:
Shares of Radian Group (NYSE:RDN) opened at 15.91 on Tuesday. Radian Group has a one year low of $9.29 and a one year high of $19.87. The firm has a market cap of $3.42 billion, a price-to-earnings ratio of 11.15 and a beta of 2.25. The stock has a 50 day moving average price of $17.11 and a 200 day moving average price of $17.66. Radian Group (NYSE:RDN) last issued its quarterly earnings results on Thursday, April 27th. The insurance provider reported $0.37 EPS for the quarter, missing the Zacks’ consensus estimate of $0.43 by $0.06. The firm had revenue of $288.80 million for the quarter, compared to the consensus estimate of $304.96 million. Radian Group had a net margin of 26.48% and a return on equity of 10.59%. The business’s revenue was down 7.7% compared to the same quarter last year. During the same period last year, the company posted $0.37 EPS. On average, equities research analysts forecast that Radian Group will post $1.63 EPS for the current year.
The company also recently declared a quarterly dividend, which was paid on Monday, June 5th. Shareholders of record on Monday, May 22nd were given a dividend of $0.0025 per share. The ex-dividend date was Thursday, May 18th. This represents a $0.01 dividend on an annualized basis and a yield of 0.06%. Radian Group’s dividend payout ratio (DPR) is currently 0.73%. A number of research analysts recently issued reports on the company. Keefe, Bruyette & Woods restated a “buy” rating and set a $21.00 price objective on shares of Radian Group in a research report on Tuesday, May 30th. FBR & Co boosted their price target on Radian Group from $21.00 to $23.00 and gave the stock an “outperform” rating in a research report on Monday, February 13th. Deutsche Bank AG reduced their price target on Radian Group from $22.00 to $21.00 and set a “buy” rating for the company in a research report on Friday, April 28th. Finally, Zacks Investment Research lowered Radian Group from a “buy” rating to a “hold” rating in a research report on Friday, April 28th. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Radian Group currently has a consensus rating of “Buy” and an average target price of $20.88.
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