Radian Group (RDN) : Q315 Earnings Whisper

Radian Group Inc. (RDN) is set to report earnings for the third-quarter of 2015 today before the opening bell. Wall Street analysts are on average expecting the name to post $231.35 million in sales during the quarter. This would show a 29.98% decrease from the Q215 revenue of $330.42 million, and a decline of 25.19% from the same period in Q314. EPS in Q315 are expected to come in at $0.36, a decline rate of 46.27% from $0.67 per share a year earlier.

As a quick reminder, Radian Group reported Q215 EPS of $0.40, $0.05 better than the Street’s consensus estimate. Revs increased 48.59% on a YoY basis to $330.42M vs. the $227.3 million consensus.

On valuation measures, Radian Group Inc. shares are priced at 5.28x this year’s forecasted earnings, compared to the industry’s 16.01x earnings multiple. The company’s next year EPS growth estimate stands at 17.10%, compared to the industry growth rate of 16.50%. RDN has a t-12 price-to-sales ratio of 2.81. EPS for the same period registers at $3.03.

Radian shares have declined 1.72% in the last 4 weeks and 12.81% in the past three months. Over the past 5 trading sessions the stock has lost 4.37%. The Philadelphia, Pennsylvania-based company, which is currently valued at $3.33 billion, has a median Wall Street price target of $22.00 with a high target of $24.00.

Radian Group Inc. is up 5.34% year-over-year, compared with a 5.79% gain in the S&P 500.

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