Radian Group Inc. (RDN)

Prev Close 22.26
Day Low/High 21.01 / 22.26
52 Wk Low/High 19.17 / 24.84
Exchange NYSE
Shares Outstanding 172.80B
Market Cap 3.85B
P/E Ratio 10.03
Div & Yield N.A. (N.A)

Latest News

Amazon Is Among 10 Big Stocks Set to Change Direction

Amazon Is Among 10 Big Stocks Set to Change Direction

These names are showing technical signs of either bullish or bearish reversal patterns.

Netflix and Twitter Are Among 29 Stocks Ready to Change Direction

Netflix and Twitter Are Among 29 Stocks Ready to Change Direction

These names are showing technical characteristics of either bullish or bearish reversal patterns over the past week.

Some Miscellaneous Late Morning Observations

* reverses recent weakness * on a nice run, on my Best Ideas List * has a good EPS beat following the same from (I am still concerned with industry pricing in 2019) * picked up an upgrade yesterday, on my Best Ideas List * is toothless today for obv...

Sold Radian

Reluctantly I have sold my entire Radian long position and I am taking the shares off of my Best Ideas List.  As I have written the private mortgage insurance companies have had a difficult few weeks based on two factors:  * Freddie Mac recently unv...

Tactical Strategy

In the speculative FAANG space I have recently added a very small Alphabet (Google) short (added small to my short this morning at $1080) to join my currently medium sized Facebook short. I have aggressively been trading around a core FB short (it's...

Radian and MGIC's Premium Rates Cut

* A more competitive private mortgage industry rate environment lies ahead * Long term earnings power and ROE objectives will be modestly reduced * Shares trade near the 2016 valuation trough The announcement by private mortgage insurer MGIC to cut ...

Radian Lower on MGIC Premium Cut

Private mortgage insurance stocks are getting schmeissed off of a decision by MGIC to lower premium rates. I am digesting the news and have a call into Radian .

Radian Gets Some Good News

Radian's shares traded higher on some good news yesterday (which I forgot to relay given the hectic market conditions!). I have been adding to the name. Here is a summary and an interpretation of the news from BTIG: Arch Capital: Risk Transfer Progr...

Aggressive Buyer of Radian

Both and have picked up a bid - after last week's concerns about a changing market landscape for private mortgage insurers.  As I wrote last week, I believe the threat is overstated and I am a more aggressive buyer of Radian.

Buying MJ, RDN, SPY Puts

I am a buyer of and this morning. I am also bidding for more puts.

Adding Radian

This afternoon I am moving more aggressively in adding to Radian  at around $19. I am offering more retail stocks on the short side (my trade of the week). I moved down to small in my SPDR S&P 500 ETF short (on the whoosh lower) -- bringing me back ...

Back to Large SPY Short

I have moved back to large SPY short at $280.15 based on the tilt of downside risk relative to upside reward - which has developed today. My portfolio's net exposure is back to between small- and medium-sized short now - even with the Radian long ad...

Radian Buying Opportunity

Yesterday the shares of the private mortgage insurers suffered in response to reports that Freddie Mac had begun a 12-18 month pilot program that would replace lender-paid-single premium mortgage insurance. This caused investors to be concerned abou...

Radian Falls on Freddie Mac, Arch Capital Announcement

Radian and the other private mortgage insurers are down based on this news: 'Mortgage insurers crash on Freddie Mac partnership with Arch Capital.' I am trying to get my hands around the importance of this announcement and I will get back to you whe...

Radian Rallying

Radian (which I picked up more of yesterday) continues to rally well from my buy point of $21 (+5%). I would continue to buy any dip of this Best Ideas List member.

Radian Is Still Radiant

After Magic Software scored a good EPS beat in January I had anticipated the same out of Radian . I was not disappointed. The company reported a six cents beat for 4Q2017 and reaffirmed its newly restructured services division revenue ($150-$175 mil...

Today's Trades

In premarket trading I covered my short and reduced further my short. I remain small short -- but close to tag ends. In the regular session I am buying more or trading long rental Intel and (recently put on my Best Ideas List) I am very small net sh...

A Radiant Quarter

I plan to leave by about 2 pm EST for some golf with my son in LA -- I am returning tomorrow to Florida. So I wont have time to deliver my complete analysis of Radian until Monday. Suffice to say, this was, following MGIC's January beat, an expected...

Radian Beats

Radian  had nice top line and bottom line beats (+$0.06).   More later today.

Good News for Our Radian Long

Mortgage insurer MGIC Investment Corp. reported a sharp gain in earnings per share relative to expectations, which should bode well for rival Radian Group , which I went long on earlier today. MGIC's earnings per share came in at $0.43 compared to a...

Today's Trades

Here's a rundown of what I've done so far: I added to my large short of the SPDR S&P 500 ETF . I picked at the following longs: The Amplify Transformational Data Sharing ETF , the Blockchain ETF , Campbell Soup Co.  , the ETFMG Alternative Harvest E...

Radian Looks Radiant

There's more positive news Thursday on Radian , so I'm back in small on the name.

Bullish? Consider These 6 Longs

If you are bullish (which I am not) here is a shopping list of six longs (that reside on my Best Ideas List) that you might want to consider: * Hartford Financial Services and Wells Fargo : Beneficiaries of higher interest rates. * Twitter : Tasty f...

From The Street of Dreams

Deutsche Bank upgrades the private mortgage industry stocks today, including Radian  (taking up price target to $28).

Raising Cash

Reflecting my market view and the early year giddiness/madness, I am continuing to raise cash. I am calling an audible and reducing a very large Time Warner long to medium-sized -- I had recently been adding -- and eliminating small positions in Rad...

Turning the Lights Down on Radian

In keeping with my generally ursine market view, I continue to reduce my long holdings. So, I'm using Tuesday's strength in Radian -- which is up a little bit after recently getting a price upgrade from BTIG -- to reduce my small-sized position all ...

Ringing the Register on Some Radian

I also am moving my Radian Group position from medium to small in size now off the boost from the BTIG target price hike noted earlier. Radian trades at $22.10 and stays on my Best Ideas List. Radian was placed on the List at $10 in July 2016.

Another Reason to Bask in Radian's Glow

BTIG raises Radian Group's price target to $26 a share. It says the following: "Based on 12x our FY19E earnings per share of $2.20. While shares of RDN have rallied along with most of the other private mortgage insurers (PMIs) since mid-August, the ...