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Radian Group (RDN) Surges: Stock Moves 8.5% Higher

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Radian Group Inc. (RDN - Free Report) was a big mover last session, as the company saw its shares rise more than 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, trading within a volatile range of $14.30-$19.34 in the past one-month time frame, showed a sharp increase yesterday.

The company has seen two negative estimate revisions in the past month, while its Zacks Consensus Estimate has also moved lower in the said time period, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Radian Group currently has a Zacks Rank #4 (Sell), while its Earnings ESP is 0.00%.

A better-ranked stock in the Insurance - Multi line industry is Kemper Corporation (KMPR - Free Report) , which currently has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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