Q2 Earnings Forecast for Radian Group Issued By Roth Capital

Radian Group Inc. (NYSE:RDN - Free Report) - Investment analysts at Roth Capital increased their Q2 2026 EPS estimates for shares of Radian Group in a report released on Wednesday, May 21st. Roth Capital analyst H. Fong now forecasts that the insurance provider will post earnings of $1.05 per share for the quarter, up from their prior estimate of $1.04. The consensus estimate for Radian Group's current full-year earnings is $3.79 per share.

Several other research firms have also issued reports on RDN. Keefe, Bruyette & Woods reiterated an "outperform" rating and issued a $38.00 target price (up previously from $37.00) on shares of Radian Group in a research note on Friday, May 2nd. Compass Point lowered shares of Radian Group from a "strong-buy" rating to a "hold" rating in a research note on Friday. Finally, UBS Group upped their target price on shares of Radian Group from $34.00 to $36.00 and gave the stock a "neutral" rating in a research note on Monday, May 5th. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $36.83.

Radian Group Stock Up 1.8%

RDN stock traded up $0.61 during midday trading on Thursday, reaching $33.89. 302,504 shares of the company's stock traded hands, compared to its average volume of 1,617,785. Radian Group has a 52 week low of $29.32 and a 52 week high of $37.86. The company has a quick ratio of 2.01, a current ratio of 2.87 and a debt-to-equity ratio of 0.50. The company has a market cap of $4.55 billion, a price-to-earnings ratio of 8.62, a P/E/G ratio of 1.73 and a beta of 0.71. The firm's fifty day moving average price is $32.68 and its 200-day moving average price is $32.90.

Radian Group (NYSE:RDN - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The insurance provider reported $0.99 EPS for the quarter, beating analysts' consensus estimates of $0.95 by $0.04. The business had revenue of $318.11 million during the quarter, compared to analyst estimates of $326.99 million. Radian Group had a net margin of 46.85% and a return on equity of 13.96%. Radian Group's quarterly revenue was down .4% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.03 EPS.

Radian Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 17th. Shareholders of record on Monday, June 2nd will be paid a $0.255 dividend. This represents a $1.02 dividend on an annualized basis and a yield of 3.01%. The ex-dividend date of this dividend is Monday, June 2nd. Radian Group's payout ratio is 25.95%.

Radian Group announced that its board has approved a stock buyback plan on Wednesday, May 21st that allows the company to buyback $750.00 million in outstanding shares. This buyback authorization allows the insurance provider to repurchase up to 16.9% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's leadership believes its shares are undervalued.

Insider Activity

In related news, Director Gregory Serio sold 4,100 shares of Radian Group stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $32.65, for a total value of $133,865.00. Following the sale, the director now owns 344 shares of the company's stock, valued at approximately $11,231.60. The trade was a 92.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 2.01% of the company's stock.

Institutional Trading of Radian Group

A number of large investors have recently bought and sold shares of RDN. Principal Financial Group Inc. lifted its position in shares of Radian Group by 1.9% during the 4th quarter. Principal Financial Group Inc. now owns 722,402 shares of the insurance provider's stock valued at $22,915,000 after buying an additional 13,202 shares during the last quarter. First Eagle Investment Management LLC grew its stake in shares of Radian Group by 5.3% during the 4th quarter. First Eagle Investment Management LLC now owns 510,873 shares of the insurance provider's stock worth $16,205,000 after acquiring an additional 25,500 shares during the period. EMC Capital Management grew its stake in shares of Radian Group by 300.8% during the 4th quarter. EMC Capital Management now owns 18,401 shares of the insurance provider's stock worth $584,000 after acquiring an additional 13,810 shares during the period. Raymond James Financial Inc. purchased a new stake in Radian Group during the fourth quarter valued at about $4,872,000. Finally, Caisse DE Depot ET Placement DU Quebec lifted its holdings in Radian Group by 37.7% during the fourth quarter. Caisse DE Depot ET Placement DU Quebec now owns 68,829 shares of the insurance provider's stock valued at $2,183,000 after purchasing an additional 18,829 shares during the last quarter. 95.33% of the stock is owned by hedge funds and other institutional investors.

Radian Group Company Profile

Radian Group Inc, together with its subsidiaries, engages in the mortgage and real estate services business in the United States. It operates through two segments, Mortgage Insurance and Homegenius segments. The Mortgage Insurance segment aggregates, manages, and distributes U.S. mortgage credit risk for mortgage lending institutions and mortgage credit investors, through private mortgage insurance on residential first-lien mortgage loans; and other credit risk management solutions, including contract underwriting.