NYSE:RDN - Radian Group Stock Price, News, & Analysis

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$18.83 -0.08 (-0.42 %)
(As of 10/23/2018 06:33 AM ET)
Previous Close$18.91
Today's Range$18.81 - $19.20
52-Week Range$14.06 - $23.49
Volume587,600 shs
Average Volume1.11 million shs
Market Capitalization$4.03 billion
P/E Ratio8.40
Dividend Yield0.05%
Beta1.49
Radian Group Inc., through its subsidiaries, provides mortgage and real estate products and services in the United States. It operates through two segments, Mortgage Insurance and Services. The Mortgage Insurance segment offers credit-related insurance coverage, primarily through private mortgage insurance, as well as other credit risk management solutions to mortgage lending institutions; and primary mortgage insurance coverage on residential first-lien mortgage loans. This segment primarily serves mortgage bankers, commercial banks, savings institutions, credit unions and community banks. The Services segment offers mortgage services, including transaction management services, such as loan review, residential mortgage-backed securities securitization and distressed asset reviews, servicer and loan surveillance, and underwriting; and real estate services comprising real estate owned asset management, review and valuation services related to single family rental properties, real estate valuation services, and real estate brokerage services, as well as title and settlement services that include title search, settlement, and closing services. This segment provides its mortgage and real estate services to mortgage lenders, financial institutions, mortgage and real estate investors, government entities, and others. The company was founded in 1977 and is headquartered in Philadelphia, Pennsylvania.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Surety insurance
Sub-IndustryThrifts & Mortgage Finance
SectorFinance
SymbolNYSE:RDN
CUSIP75023610
Phone215-231-1000

Debt

Debt-to-Equity Ratio0.32
Current Ratio1.48
Quick Ratio1.48

Price-To-Earnings

Trailing P/E Ratio8.40
Forward P/E Ratio7.41
P/E Growth1.49

Sales & Book Value

Annual Sales$1.22 billion
Price / Sales3.29
Cash Flow$3.1021 per share
Price / Cash6.07
Book Value$13.92 per share
Price / Book1.35

Profitability

EPS (Most Recent Fiscal Year)$1.82
Net Income$121.08 million
Net Margins31.87%
Return on Equity16.10%
Return on Assets8.25%

Miscellaneous

Employees1,887
Outstanding Shares213,290,000
Market Cap$4.03 billion

Radian Group (NYSE:RDN) Frequently Asked Questions

What is Radian Group's stock symbol?

Radian Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "RDN."

How often does Radian Group pay dividends? What is the dividend yield for Radian Group?

Radian Group announced a quarterly dividend on Thursday, August 16th. Investors of record on Monday, August 27th will be paid a dividend of $0.0025 per share on Friday, September 7th. This represents a $0.01 annualized dividend and a dividend yield of 0.05%. The ex-dividend date is Friday, August 24th. View Radian Group's Dividend History.

How will Radian Group's stock buyback program work?

Radian Group announced that its board has approved a stock repurchase program on Thursday, August 16th 2018, which allows the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 2.4% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's leadership believes its stock is undervalued.

How were Radian Group's earnings last quarter?

Radian Group Inc (NYSE:RDN) issued its quarterly earnings data on Thursday, July, 26th. The insurance provider reported $0.69 earnings per share for the quarter, topping analysts' consensus estimates of $0.60 by $0.09. The insurance provider earned $319.30 million during the quarter, compared to analysts' expectations of $320.34 million. Radian Group had a net margin of 31.87% and a return on equity of 16.10%. Radian Group's revenue was up 5.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.48 earnings per share. View Radian Group's Earnings History.

When is Radian Group's next earnings date?

Radian Group is scheduled to release their next quarterly earnings announcement on Wednesday, October 31st 2018. View Earnings Estimates for Radian Group.

What price target have analysts set for RDN?

12 Wall Street analysts have issued 1 year price objectives for Radian Group's stock. Their predictions range from $17.00 to $28.00. On average, they anticipate Radian Group's share price to reach $23.5250 in the next twelve months. This suggests a possible upside of 24.9% from the stock's current price. View Analyst Price Targets for Radian Group.

What is the consensus analysts' recommendation for Radian Group?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Radian Group in the last year. There are currently 4 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Radian Group.

What are Wall Street analysts saying about Radian Group stock?

Here are some recent quotes from research analysts about Radian Group stock:
  • 1. According to Zacks Investment Research, "Radian Group is poised for growth on expansive mortgage and real estate service offerings, declining delinquency, lower levels of paid claims and an improving risk-based capital ratio. It is restructuring its business by intensifying focus on core business and services with higher-growth potential besides more predictable and recurring fee-based revenues. Radian intends to position its Service segment for continued profitability. EBITDA margin for the Services segment is still expected in the 10-15% range and earnings to grow an annual run rate of $150-$175 million, beginning in the second half of 2018. However, stricter regulations, rising mortgage rates and a competitive market pose as risks. Shares of Radian have underperformed the insurance industry year to date. Also, the company witnessed its 2018 and 2019 estimates move south over the last 60 days." (7/17/2018)
  • 2. BTIG Research analysts commented, "Noise Should Enable Rally in RDN Shares to Continue With the impact of the restructuring of Radian Group’s (RDN) underperforming Mortgage and Real Estate Services unit having been absorbed by the market and baked into the stock’s valuation, the 3Q17 report the company released this morning returned the focus to its core mortgage insurance business." (10/29/2017)

Who are some of Radian Group's key competitors?

Who are Radian Group's key executives?

Radian Group's management team includes the folowing people:
  • Mr. Richard G. Thornberry, CEO & Director (Age 60)
  • Mr. J. Franklin Hall, Sr. Exec. VP & CFO (Age 50)
  • Mr. Edward J. Hoffman, Sr. Exec. VP, Gen. Counsel, Corp. Sec. & Corp. Responsibility Officer (Age 44)
  • Mr. Derek V. Brummer, Sr. Exec. VP of Mortgage Insurance & Risk Services (Age 47)
  • Mr. Brien Joseph McMahon, Sr. EVP & Chief Franchise Officer (Age 58)

Who are Radian Group's major shareholders?

Radian Group's stock is owned by many different of retail and institutional investors. Top institutional investors include Dalton Greiner Hartman Maher & Co. (0.56%), Bowling Portfolio Management LLC (0.06%), Seven Eight Capital LP (0.04%), Lingohr & Partner Asset Management GmbH (0.02%), First Hawaiian Bank (0.02%) and Strs Ohio (0.01%). Company insiders that own Radian Group stock include Bazemore Teresa Bryce, Catherine Mary Jackson, Derek Brummer, Edward J Hoffman, Herbert Wender, J Franklin Hall, Richard Altman, Richard G Thornberry and Sanford A Ibrahim. View Institutional Ownership Trends for Radian Group.

Which major investors are selling Radian Group stock?

RDN stock was sold by a variety of institutional investors in the last quarter, including Bowling Portfolio Management LLC. View Insider Buying and Selling for Radian Group.

Which major investors are buying Radian Group stock?

RDN stock was acquired by a variety of institutional investors in the last quarter, including Seven Eight Capital LP, Dalton Greiner Hartman Maher & Co., Lingohr & Partner Asset Management GmbH, First Hawaiian Bank, State of Alaska Department of Revenue, Strs Ohio and Cornerstone Wealth Management LLC. Company insiders that have bought Radian Group stock in the last two years include Derek Brummer, Herbert Wender, J Franklin Hall and Richard G Thornberry. View Insider Buying and Selling for Radian Group.

How do I buy shares of Radian Group?

Shares of RDN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Radian Group's stock price today?

One share of RDN stock can currently be purchased for approximately $18.83.

How big of a company is Radian Group?

Radian Group has a market capitalization of $4.03 billion and generates $1.22 billion in revenue each year. The insurance provider earns $121.08 million in net income (profit) each year or $1.82 on an earnings per share basis. Radian Group employs 1,887 workers across the globe.

What is Radian Group's official website?

The official website for Radian Group is http://www.radian.biz.

How can I contact Radian Group?

Radian Group's mailing address is 1500 Market Street, Philadelphia PA, 19102. The insurance provider can be reached via phone at 215-231-1000 or via email at [email protected]


MarketBeat Community Rating for Radian Group (NYSE RDN)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  369 (Vote Outperform)
Underperform Votes:  295 (Vote Underperform)
Total Votes:  664
MarketBeat's community ratings are surveys of what our community members think about Radian Group and other stocks. Vote "Outperform" if you believe RDN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RDN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/23/2018 by MarketBeat.com Staff

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