Radian Group Inc. (NYSE:RDN - Free Report) - Research analysts at DOWLING & PARTN boosted their FY2026 earnings per share (EPS) estimates for Radian Group in a research report issued to clients and investors on Wednesday, October 7th. DOWLING & PARTN analyst G. Dunn now anticipates that the insurance provider will earn $4.60 per share for the year, up from their prior forecast of $4.54. The consensus estimate for Radian Group's current full-year earnings is $4.88 per share.
Other research analysts have also issued research reports about the company. Barclays raised their price objective on Radian Group from $35.00 to $36.00 and gave the company an "equal weight" rating in a report on Monday, October 5th. Keefe, Bruyette & Woods dropped their target price on shares of Radian Group from $46.00 to $44.00 and set an "outperform" rating for the company in a report on Tuesday, August 11th. Zacks Research lowered shares of Radian Group from a "hold" rating to a "strong sell" rating in a report on Tuesday, October 6th. BTIG Research began coverage on shares of Radian Group in a research report on Tuesday, September 22nd. They issued a "buy" rating and a $48.00 target price for the company. Finally, Weiss Ratings raised shares of Radian Group from a "buy (b)" rating to a "buy (b+)" rating in a research note on Monday, September 28th. Six investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Radian Group currently has a consensus rating of "Moderate Buy" and a consensus price target of $43.14.
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Radian Group Stock Up 0.1%
Shares of RDN opened at $33.95 on Monday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.60 and a current ratio of 0.60. Radian Group has a one year low of $30.53 and a one year high of $41.05. The stock has a market capitalization of $4.49 billion, a price-to-earnings ratio of 8.73, a PEG ratio of 0.82 and a beta of 0.71. The stock has a 50 day moving average price of $35.60 and a 200 day moving average price of $35.88.
Radian Group (NYSE:RDN - Get Free Report) last released its earnings results on Thursday, August 6th. The insurance provider reported $1.14 earnings per share for the quarter, missing the consensus estimate of $1.34 by ($0.20). The firm had revenue of $574.96 million during the quarter, compared to analysts' expectations of $556.55 million. Radian Group had a net margin of 32.60% and a return on equity of 13.65%. The business's revenue was up 92.3% compared to the same quarter last year. During the same quarter last year, the business earned $1.01 EPS.
Hedge Funds Weigh In On Radian Group
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. GAMMA Investing LLC lifted its stake in shares of Radian Group by 4.1% in the 3rd quarter. GAMMA Investing LLC now owns 11,613 shares of the insurance provider's stock valued at $355,000 after purchasing an additional 462 shares during the last quarter. Sequoia Financial Advisors LLC grew its holdings in shares of Radian Group by 11.0% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 7,540 shares of the insurance provider's stock worth $284,000 after purchasing an additional 747 shares during the period. Tidal Investments LLC increased its position in shares of Radian Group by 374.1% during the 2nd quarter. Tidal Investments LLC now owns 33,498 shares of the insurance provider's stock worth $1,262,000 after purchasing an additional 26,432 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new stake in shares of Radian Group during the 2nd quarter worth about $44,000. Finally, NewEdge Advisors LLC increased its position in shares of Radian Group by 4.4% during the 2nd quarter. NewEdge Advisors LLC now owns 18,428 shares of the insurance provider's stock worth $694,000 after purchasing an additional 776 shares during the last quarter. Institutional investors and hedge funds own 95.33% of the company's stock.
Insider Activity at Radian Group
In related news, EVP Meghan Bartholomew sold 7,812 shares of the stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $35.94, for a total value of $280,763.28. Following the completion of the sale, the executive vice president owned 39,203 shares of the company's stock, valued at approximately $1,408,955.82. This trade represents a 16.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 2.03% of the company's stock.
Radian Group Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Monday, August 24th were given a $0.2550 dividend. The ex-dividend date was Monday, August 24th. This represents a $1.02 dividend on an annualized basis and a dividend yield of 3.0%. Radian Group's dividend payout ratio is 26.22%.
Radian Group Company Profile
(
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Radian Group Inc NYSE: RDN is a financial services company focused on supporting homeownership and the U.S. residential real estate market. Its principal business is mortgage insurance, which helps protect lenders and investors against losses when borrowers default on certain residential mortgage loans. Through its mortgage insurance operations, Radian serves mortgage lenders, banks, credit unions and other housing-finance participants.
The company also provides services and technology intended to support the mortgage and homeownership lifecycle.
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