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

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Radian Group ( RDN) pushed the Insurance industry lower today making it today's featured Insurance laggard. The industry as a whole closed the day down 0.1%. By the end of trading, Radian Group fell $0.18 (-1.2%) to $14.37 on light volume. Throughout the day, 1,641,454 shares of Radian Group exchanged hands as compared to its average daily volume of 4,166,500 shares. The stock ranged in price between $14.26-$14.67 after having opened the day at $14.62 as compared to the previous trading day's close of $14.55. Other companies within the Insurance industry that declined today were: United Fire Group ( UFCS), down 3.3%, National Interstate Corporation ( NATL), down 2.9%, American Independence Corporation ( AMIC), down 2.3% and United Insurance Holdings ( UIHC), down 2.3%.

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 $2.5 billion and is part of the financial sector. Shares are up 138.1% 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 1 rates it a hold.

TheStreet Ratings rates Radian Group as a hold. Among the primary strengths of the company is its solid stock price performance. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins.

On the positive front, Infinity Property and Casualty Corporation ( IPCC), up 5.7%, China Life Insurance Co Ltd ADR repr Class ( LFC), up 2.0%, First Acceptance Corporation ( FAC), up 1.9% and Stewart Information Services ( STC), up 1.8%.

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.

If you liked this article you might like

Doubt Is OK; The Lay of the Land: Doug Kass' Views

Here Is One of My Best Stock Ideas, Doug Kass Explains

Ulta Beauty, Radian Group, AllianceBerstein Holdings: 'Mad Money' Lightning Round

Perils of Politics: Cramer's 'Mad Money' Recap (Monday 7/31/17)

All the Rallying Big Bank Stocks Look Very Risky, Doug Kass Says