Equities analysts expect that Radian Group Inc (NYSE:RDN) will report earnings per share (EPS) of $0.70 for the current quarter, according to Zacks Investment Research. Zero analysts have made estimates for Radian Group’s earnings. Radian Group reported earnings per share of $0.69 during the same quarter last year, which would suggest a positive year-over-year growth rate of 1.4%. The company is scheduled to report its next quarterly earnings report after the market closes on Thursday, July 25th.

According to Zacks, analysts expect that Radian Group will report full year earnings of $2.85 per share for the current fiscal year. For the next year, analysts expect that the business will post earnings of $3.02 per share, with EPS estimates ranging from $2.95 to $3.10. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Radian Group.

Radian Group (NYSE:RDN) last posted its earnings results on Tuesday, April 30th. The insurance provider reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.05. Radian Group had a return on equity of 17.82% and a net margin of 49.25%. The company had revenue of $363.63 million for the quarter, compared to analyst estimates of $342.44 million. During the same quarter in the previous year, the firm earned $0.59 earnings per share. The firm’s quarterly revenue was up 24.7% compared to the same quarter last year.

Several equities analysts have issued reports on RDN shares. Compass Point upgraded Randolph Bancorp from a “sell” rating to a “neutral” rating in a research note on Thursday, May 2nd. Zacks Investment Research lowered Guaranty Federal Bancshares from a “hold” rating to a “sell” rating in a research note on Tuesday, April 23rd. MKM Partners lifted their target price on Radian Group to $30.00 and gave the company a “buy” rating in a research note on Thursday, May 2nd. Barclays reiterated an “overweight” rating and issued a GBX 310 ($4.05) target price on shares of in a research note on Monday, June 24th. Finally, Bank of America reiterated a “buy” rating and issued a $105.00 target price (up previously from $100.00) on shares of Zendesk in a research note on Wednesday, May 1st. One research analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $25.57.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Sullivan Bruyette Speros & Blaney LLC boosted its holdings in Radian Group by 5.6% in the first quarter. Sullivan Bruyette Speros & Blaney LLC now owns 10,562 shares of the insurance provider’s stock worth $219,000 after acquiring an additional 562 shares in the last quarter. GAM Holding AG boosted its holdings in Radian Group by 3.9% in the first quarter. GAM Holding AG now owns 31,756 shares of the insurance provider’s stock worth $659,000 after acquiring an additional 1,194 shares in the last quarter. Nicollet Investment Management Inc. boosted its holdings in Radian Group by 4.3% in the first quarter. Nicollet Investment Management Inc. now owns 29,750 shares of the insurance provider’s stock worth $617,000 after acquiring an additional 1,225 shares in the last quarter. Rhumbline Advisers boosted its holdings in Radian Group by 0.6% in the first quarter. Rhumbline Advisers now owns 340,488 shares of the insurance provider’s stock worth $7,062,000 after acquiring an additional 1,990 shares in the last quarter. Finally, LPL Financial LLC boosted its holdings in Radian Group by 13.6% in the fourth quarter. LPL Financial LLC now owns 20,088 shares of the insurance provider’s stock worth $329,000 after acquiring an additional 2,399 shares in the last quarter. 94.07% of the stock is owned by institutional investors and hedge funds.

RDN traded down $0.13 on Monday, hitting $23.33. The company had a trading volume of 1,417,617 shares, compared to its average volume of 1,355,425. The company has a fifty day simple moving average of $23.26. Radian Group has a 12-month low of $14.77 and a 12-month high of $24.62. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.87 and a quick ratio of 1.87. The stock has a market cap of $4.88 billion, a PE ratio of 8.67, a price-to-earnings-growth ratio of 1.65 and a beta of 1.48.

About Radian Group

Radian Group Inc, through its subsidiaries, engages in the mortgage and real estate services business in the United States. It operates in two segments, Mortgage Insurance and Services. The Mortgage Insurance segment offers credit-related insurance coverage, primarily through private mortgage insurance on residential first-lien mortgage loans, as well as other credit risk management solutions to mortgage lending institutions and mortgage credit investors.

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