Radian Group Inc. (NYSE:RDN) traded up 5.2% during mid-day trading on Wednesday . The company traded as high as $10.39 and last traded at $10.39, with a volume of 4,246,391 shares. The stock had previously closed at $9.88.

A number of brokerages have recently weighed in on RDN. FBR & Co restated a “hold” rating on shares of Radian Group in a report on Thursday, April 28th. MKM Partners raised their price objective on shares of Radian Group from $14.00 to $16.00 and gave the company a “buy” rating in a report on Thursday, April 28th. Compass Point restated a “buy” rating and issued a $16.50 price objective (up from $14.00) on shares of Radian Group in a report on Thursday, April 28th. Credit Suisse Group AG reduced their price objective on shares of Radian Group from $17.50 to $14.50 and set a “neutral” rating on the stock in a report on Monday, May 2nd. Finally, BTIG Research restated a “buy” rating and issued a $22.00 price objective on shares of Radian Group in a report on Wednesday, April 27th. Four analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $16.85.

The firm has a market cap of $2.31 billion and a P/E ratio of 9.62. The stock has a 50-day moving average of $11.12 and a 200 day moving average of $11.64.

Radian Group (NYSE:RDN) last released its quarterly earnings data on Wednesday, April 27th. The company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.03. During the same quarter in the prior year, the firm earned $0.35 earnings per share. The business had revenue of $313 million for the quarter, compared to analysts’ expectations of $226.23 million. Radian Group’s quarterly revenue was up 7.7% compared to the same quarter last year. On average, analysts anticipate that Radian Group Inc. will post $1.54 earnings per share for the current fiscal year.

Other hedge funds and institutional investors have recently bought and sold shares of the company. Nationwide Fund Advisors boosted its position in Radian Group by 46.9% in the fourth quarter. Nationwide Fund Advisors now owns 180,931 shares of the company’s stock worth $2,423,000 after buying an additional 57,764 shares during the last quarter. California State Teachers Retirement System boosted its position in Radian Group by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 354,704 shares of the company’s stock worth $4,749,000 after buying an additional 5,600 shares during the last quarter. Eagle Asset Management Inc. boosted its position in Radian Group by 13.9% in the fourth quarter. Eagle Asset Management Inc. now owns 1,148,421 shares of the company’s stock worth $15,377,000 after buying an additional 140,445 shares during the last quarter. Swiss National Bank boosted its position in Radian Group by 7.2% in the fourth quarter. Swiss National Bank now owns 273,950 shares of the company’s stock worth $3,668,000 after buying an additional 18,300 shares during the last quarter. Finally, Rhumbline Advisers boosted its position in Radian Group by 2.2% in the fourth quarter. Rhumbline Advisers now owns 289,802 shares of the company’s stock worth $3,880,000 after buying an additional 6,300 shares during the last quarter.

Radian Group Inc is a holding company that provides mortgage insurance, and products and services to the real estate and mortgage finance industries. The Company operates in two segments: Mortgage Insurance and Services. The Mortgage Insurance segment provides credit-related insurance coverage, principally through private mortgage insurance to mortgage lending institutions.

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