Radian Group Inc. (RDN)

25.74
0.20 0.78
NYSE : Finance
Prev Close 25.54
Open 25.35
Day Low/High 25.21 / 25.77
52 Wk Low/High 14.78 / 25.84
Volume 1.04M
Avg Volume 1.06M
Exchange NYSE
Shares Outstanding 202.22M
Market Cap 5.06B
EPS 2.80
P/E Ratio 8.79
Div & Yield 0.01 (0.04%)

Radian's Quarter Radiates

As stated earlier, Radian had a large $0.08 EPS beat (adjusted for non-recurring charges -- $130 million of goodwill impairment).  Remember, the shares faltered a quarter ago after disappointing results and I have considered Radian a "show me" stock...

For Those Curious About Radian

For those looking to do a deeper dive, this is the address to access so you can listen in on the 10 a.m. ET Radian Group conference call.

Going Longer in Twitter, Radian Group

I have added to my Twitter and Radian Group longs this morning.

Radian Reports

Adjusted for a good will impairment charge Radian Group  reported profits that were well ahead of consensus expectations. I estimate that recurring profits hit $0.48/share vs estimates of $0.38-$0.41. A key feature of the quarter was a marked reduct...

My Takeaways and Observations

"I never knew how easy the game of baseball was until I entered the broadcasting booth." -- Mickey Mantle While the markets were relatively flat there was a lot of subsurface action.   The Alternative to the Bullish View. I might be right I might be...

These Are Some of My Favorite Stocks (Part Deux)

Raindrops on roses And whiskers on kittens Bright copper kettles and warm woolen mittens Brown paper packages tied up with strings These are a few of my favorite things" -- Julie Andrews, "My Favorite Things" I remain manifestly bearish in the belie...

Still Lovin' That Radian

Radian Group shares were radiant on Monday, rising by $0.70 (+4%) and, though lower in the early going, the name now is trading up on the day.   I recently moved from medium to large in size in Radian, which should benefit from stable to lower inter...

Takeaways and Observations

  Top 10 Reasons the Lambs May Be Sheared ... or Slaughtered.    Stated simply, I see a trend change.   Hello uncertainty and volatility.    My pledge to all of the subs.    No, the tech selloff is not healthy and may not be an opportunity.  And som...

My Takeaways and Observations (Early Afternoon Edition)

"And if by chance an honest man like yourself should make enemies, then they would become my enemies. And then .... they would fear you." -- The Godfather Cue the music, maestro!   The Godfather, Part IV.   The Don is going to the mattresses -- alon...

Today's Takeaways and Observations (Afternoon Edition)

"How does it feel, how does it feel? To be without a home Like a complete unknown, like a rolling stone." -- Bob Dylan, Like A Rolling Stone  "The Edifice Complex."   The message of the bond market is clear -- slowing inflation, economic growth and ...

Going Big in Radian

I have moved to a large position in Radian Group .

Longs Get Longer

I have added to two investment longs this afternoon: Radian and the Energy Select Sector Fund .

Takeaways and Observations

Though the internals remain poor, Mr. Market continued higher for the sixth consecutive trading session. (More records.)   But, the harder they come the harder they fall.   More deep thoughts that modify my opening missive. Read it and think about i...

Scenes I Would Like to See

With apologies to Mad Magazine, here are some scenes I would like to see over the next few months:  Pfizer acquires Allergan . Zurich Insurance announces the takeover of Hartford Financial . Berkshire Hathaway acquires Campbell Soup . MGIC and Radia...

Takeaways and Observations (Mid-Afternoon Edition)

  Any day that starts with commentary by Sam Zell (on Squawk Box)... is a good day.  Energy Select Sector SPDR (ETF)  XLE goes on my Best Ideas List - long (at $67.05).  I like this contrary investment (not trading rental).   Allergan  fell after go...

Takeaways and Observations (2:30 p.m. Edition)

"It aint the heat, its the humility." - Yogi Berra With 90 minutes to go in the trading session volatility is getting crushed and, arguably, euphoria is advancing as fear has left the building. Leadership remains narrow as the largest tech stocks ((...

Reflections on Radian

Early Friday morning I published this analysis of Radian Group  in the Comments Section: Last night I had a chance to briefly look at the Radian quarterly release (I will have more on Monday). 1Q2017 EPS missed consensus by a nickel. As the stock wa...

The Good, the Bad and the Ugly (Mid-Afternoon Edition)

"It's not a joke, it's a rope, Tuco. Now I want you to get up there and put your head in that noose." -- Blondie, " The Good, the Bad and the Ugly" No "Takeaways" today as I have to prepare for my Tulane trip. So let's move to the abbreviated Monarc...

Takeaways and Observations (Early Edition)

'Til April in Paris, chestnuts in blossom Holiday tables under the trees April in Paris, this is a feeling That no one can ever reprise - April in Paris, Vernon Duke and Yip Harburg - (rare video with Ella Fitzgerald!)  The market gapped higher and ...

Today's Takeaways and Observations (3PM Edition)

I spent a lot of time on the (respectful) Rosenberg/Kass debate on economic growth and interest rates today:   * And Now A Word From Dennis Rosenberg  * And Now A Word From Dennis Rosenberg (Part Deux)  * And the Rosenberg Empire Strikes Again  * Ju...

Still Basking in Radiant Radian's Glow

In case you missed it, I had some positive comments on Radian Group on Tuesday in "PMI Friendly Policies From Trump Will Likely Be Tailwind For Radian."   As well, there was some modestly positive news on the company late in the afternoon.    Yester...

PMI Friendly Policies From Trump Will Likely Be Tailwind for Radian

The bullish thesis for the private mortgage insurance companies, in general and for Radian , in specific is improving.   Specifically, there continues to be more evidence that the new administration plans to rein in the responsibilities and liabilit...

A Quick Stroll Around the Deck

A few odds and ends of note: Longtime fave Radian Group looks like it is making a move toward its old highs. Twitter is up about $0.40 in the early going. I add almost every day to this large holding. I appear to be in a minority of one! Bonds conti...

Positions Update

I am market neutral with a relatively small gross exposure.   Longs: Allergan  large, Hartford Financial Services Group large, Twitter large, Campbell Soup large, Radian Group , and DuPont small. Shorts: SPDR S&P 500 ETF , PowerShares QQQ Trust , iS...

Bullish and Bearish Reversals in the Market

Bullish and Bearish Reversals in the Market

Charts show a change of direction for these stocks.

Scenes I Would Like to See

With apologies to Mad Magazine, here are some scenes I would like to see: Zurich Insurance announces the takeover of Hartford Financial at $62.50. Warren Buffett's Berkshire Hathaway acquires Campbell Soup at a price of $71.00 in a tax free exchange...

Takeaways and Observations

Let me teach you how to Dougie. Consumer confidence is a coincident/lagging indicator. And excitement over the print, is (quite frankly) "first level thinking." As support, check out these two charts of the day -- it's "second level thinking." Snap ...

The Good, the Bad and the Ugly (Early Afternoon Edition) 

FEB 27, 2017 ' 3:13 PM EST "You see, in this world there's two kinds of people, my friend: Those with loaded guns and those who dig. You dig." -- Blondie, "The Good, the Bad and the Ugly"   As I will shortly be leaving, there will be no "Takeaways."...

Today's Takeaways and Observations (Early Edition)

"I would describe today's market action as "benign." And that applies to almost every asset class." -- Kass Diary 104 trading sessions without a one percent drop in the indices. "Don't Think the Machines Could Turn to Selling? You've Forgotten 1987....

Takeaways & Observations

This is a great invite, "Wall Street Goes to Washington," in which legendary journalist Michael Wolff will sit down with my pal, The Mooch! And it's free!  Happy eighth anniversary, Mr. Market. My Generational Low call on The Kudlow Report was the b...