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

Radian Group ( RDN) pushed the Insurance industry lower today making it today's featured Insurance laggard. The industry as a whole was unchanged today. By the end of trading, Radian Group fell $0.36 (-3.0%) to $11.62 on average volume. Throughout the day, 7,016,821 shares of Radian Group exchanged hands as compared to its average daily volume of 8,169,000 shares. The stock ranged in price between $11.60-$11.93 after having opened the day at $11.91 as compared to the previous trading day's close of $11.98. Other companies within the Insurance industry that declined today were: Crawford & Company ( CRD.B), down 4.4%, eHealth ( EHTH), down 3.6%, MGIC Investment Corporation ( MTG), down 3.5% and Crawford & Company ( CRD.A), down 2.7%.

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 $2.0 billion and is part of the financial sector. Shares are up 95.9% year to date as of the close of trading on Thursday. 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, disappointing return on equity and weak operating cash flow.

On the positive front, United Insurance Holdings ( UIHC), up 5.6%, Fortegra Financial ( FRF), up 4.6%, Kingsway Financial Services ( KFS), up 3.1% and Tower Group ( TWGP), up 2.9% , were all gainers within the insurance industry with Validus Holdings ( VR) being today's featured insurance industry leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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