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 0.7%. By the end of trading, Radian Group rose $0.54 (4.3%) to $13.03 on average volume. Throughout the day, 15,493,411 shares of Radian Group exchanged hands as compared to its average daily volume of 11,078,400 shares. The stock ranged in a price between $12.65-$13.17 after having opened the day at $12.87 as compared to the previous trading day's close of $12.49. Other companies within the Insurance industry that increased today were: First Acceptance Corporation ( FAC), up 10.4%, Homeowners Choice ( HCI), up 7.0%, MGIC Investment Corporation ( MTG), up 3.5% and Imperial Holdings ( IFT), up 2.8%.
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Radian Group Inc., through its subsidiaries, operates as a credit enhancement company in the United States. The company operates in two segments, Mortgage Insurance and Financial Guaranty. Radian Group has a market cap of $2.1 billion and is part of the financial sector. Shares are up 104.4% year to date as of the close of trading on Monday. Currently there are 4 analysts that rate Radian Group a buy, no analysts rate it a sell, and 2 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 and disappointing return on equity.

On the negative front, American Independence Corporation ( AMIC), down 5.1%, Kingstone Companies ( KINS), down 3.7%, Crawford & Company ( CRD.A), down 3.1% and Crawford & Company ( CRD.B), down 2.6%.

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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