Radian Group Inc. (RDN): Today's Featured Insurance Winner

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Radian Group ( RDN) pushed the Insurance industry higher today making it today's featured insurance winner. The industry as a whole closed the day up 0.2%. By the end of trading, Radian Group rose 36 cents (4.3%) to $8.81 on heavy volume. Throughout the day, 21.6 million shares of Radian Group exchanged hands as compared to its average daily volume of 4.8 million shares. The stock ranged in a price between $8.45-$9.13 after having opened the day at $8.46 as compared to the previous trading day's close of $8.45. Other companies within the Insurance industry that increased today were: AMERISAFE ( AMSF), up 11.9%, Baldwin & Lyons ( BWINA), up 8.9%, MGIC Investment Corporation ( MTG), up 6.4%, and Donegal Group ( DGICB), up 5.3%.
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Radian Group Inc., through its subsidiaries, operates as a credit enhancement company in the United States. The company offers credit-related insurance coverage, primarily through private mortgage insurance, and risk management services to mortgage lending institutions. Radian Group has a market cap of $1.13 billion and is part of the financial sector. Shares are up 38.3% year to date as of the close of trading on Wednesday. Currently there is one analyst that rates Radian Group a buy, one analyst rates it a sell, and four rate it a hold.

TheStreet Ratings rates Radian Group as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity and feeble growth in its earnings per share.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the insurance industry could consider KBW Insurance ETF ( KIE) while those bearish on the insurance industry could consider Proshares Short Financials ( SEF).

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