Radian Announces Second Quarter 2015 Financial Results
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FBR Capital Raises Price Target on Radian Group (RDN) Following 2Q15 EPS Beat
July 23, 2015 7:32 AM EDTFBR Capital maintained a Market Perform on Radian Group (NYSE: RDN), and raised the price target to $19.00 (from $18.00), following 2Q15 results. RDN's reported EPS was $0.40, which was above consensus of $0.35.
Analyst Patrick Kealey commented, "We reiterate our Market Perform rating and are adjusting... More
Radian Group (RDN) Tops Q2 EPS by 5c; Updates on Capital, Liquidity
July 22, 2015 7:05 AM EDTRadian Group (NYSE: RDN) reported Q2 EPS of $0.40, $0.05 better than the analyst estimate of $0.35. Revenue for the quarter came in at $330.42 million versus the consensus estimate of $227.3 million.
CAPITAL AND LIQUIDITY UPDATE
Radian Group maintains approximately $735 million of currently available liquidity.
Radian completed a series of actions in the second quarter to strengthen the companys capital structure, including to reduce its overall cost of capital, improve its maturity profile and facilitate improved credit ratings. The capital actions had four components:Radian paid... More