Free Trial
NYSE:RDN

Radian Group (RDN) Stock Price, News & Analysis

$31.30
-0.13 (-0.41%)
(As of 05/22/2024 ET)
Today's Range
$31.16
$31.47
50-Day Range
$29.28
$33.47
52-Week Range
$24.34
$33.69
Volume
720,106 shs
Average Volume
1.19 million shs
Market Capitalization
$4.71 billion
P/E Ratio
8.28
Dividend Yield
3.13%
Price Target
$30.88

Radian Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
1.4% Downside
$30.88 Price Target
Short Interest
Healthy
4.32% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.19mentions of Radian Group in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-0.28%
From $3.52 to $3.51 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.57 out of 5 stars

Finance Sector

662nd out of 821 stocks

Surety Insurance Industry

6th out of 7 stocks

RDN stock logo

About Radian Group Stock (NYSE:RDN)

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. The Homegenius segment offers title services, including a suite of insurance and non-insurance titles; tax and title data, centralized recording, document retrieval, and default curative title services; deed and property reports; closing and settlement services; mortgage underwriting and processing; escrow; appraisal management; and real estate brokerage. This segment also provides real estate valuation products and services; asset management services for managing real estate owned properties, which includes a web-based workflow solution; and a suite of real estate technology products and services to facilitate real estate transactions, such as proprietary platforms as a service solution. It serves mortgage originators, such as mortgage bankers, commercial banks, savings institutions, credit unions, and community banks; and consumers, mortgage lenders, mortgage and real estate investors, government-sponsored enterprises, real estate brokers and agents, and corporations for their employees. The company was formerly known as CMAC Investment Corp. and changed its name to Radian Group Inc. in June 1999. Radian Group Inc. was founded in 1977 and is headquartered in Wayne, Pennsylvania.

RDN Stock Price History

RDN Stock News Headlines

Radian Group (NYSE:RDN) Price Target Raised to $31.50
FinLocker raises $17M in Series B funding round
Q1 2024 Radian Group Inc Earnings Call
Radian Group Inc Q1 Profit Beats Estimates
Here's what Wall Street expects from Radian Group's earnings
Radian to Webcast First Quarter Conference Call
RDN Nov 2024 37.000 call
RDN May 2024 36.000 call
RDN Apr 2024 32.000 put
See More Headlines
Receive RDN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Radian Group and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 3/12 Dividend
2/23/2024
Dividend Payable
3/12/2024
Last Earnings
5/01/2024
Today
5/23/2024
Dividend Payable
6/20/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024
Ex-Dividend for 6/20 Dividend
1/01/2100

Industry, Sector and Symbol

Sector
Finance
Industry
Surety insurance
Sub-Industry
Thrifts & Mortgage Finance
CUSIP
75023610
Employees
1,100
Year Founded
1977

Price Target and Rating

Average Stock Price Target
$30.88
High Stock Price Target
$35.00
Low Stock Price Target
$28.00
Potential Upside/Downside
-1.4%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
4 Analysts

Profitability

Net Income
$603.12 million
Pretax Margin
60.87%

Debt

Sales & Book Value

Annual Sales
$1.24 billion
Cash Flow
$4.66 per share
Book Value
$29.49 per share

Miscellaneous

Free Float
147,326,000
Market Cap
$4.71 billion
Optionable
Optionable
Beta
1.03

Social Links

13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report

Key Executives


RDN Stock Analysis - Frequently Asked Questions

Should I buy or sell Radian Group stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Radian Group in the last twelve months. There are currently 4 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" RDN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RDN, but not buy additional shares or sell existing shares.
View RDN analyst ratings
or view top-rated stocks.

What is Radian Group's stock price target for 2024?

4 analysts have issued 1 year price objectives for Radian Group's stock. Their RDN share price targets range from $28.00 to $35.00. On average, they predict the company's stock price to reach $30.88 in the next year. This suggests that the stock has a possible downside of 1.4%.
View analysts price targets for RDN
or view top-rated stocks among Wall Street analysts.

How have RDN shares performed in 2024?

Radian Group's stock was trading at $28.55 at the beginning of the year. Since then, RDN stock has increased by 9.6% and is now trading at $31.30.
View the best growth stocks for 2024 here
.

When is Radian Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our RDN earnings forecast
.

How were Radian Group's earnings last quarter?

Radian Group Inc. (NYSE:RDN) issued its earnings results on Wednesday, May, 1st. The insurance provider reported $1.03 EPS for the quarter, beating the consensus estimate of $0.83 by $0.20. The insurance provider earned $319.42 million during the quarter, compared to analyst estimates of $314.76 million. Radian Group had a trailing twelve-month return on equity of 14.52% and a net margin of 47.74%. The company's revenue for the quarter was up 3.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.98 earnings per share.

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

Radian Group announced a quarterly dividend on Wednesday, May 22nd. Shareholders of record on Tuesday, June 4th will be given a dividend of $0.245 per share on Thursday, June 20th. This represents a $0.98 dividend on an annualized basis and a yield of 3.13%.
Read our dividend analysis for RDN
.

Is Radian Group a good dividend stock?

Radian Group (NYSE:RDN) pays an annual dividend of $0.98 per share and currently has a dividend yield of 3.20%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 25.93%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RDN will have a dividend payout ratio of 27.92% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RDN.

What is Richard Thornberry's approval rating as Radian Group's CEO?

25 employees have rated Radian Group Chief Executive Officer Richard Thornberry on Glassdoor.com. Richard Thornberry has an approval rating of 83% among the company's employees.

What other stocks do shareholders of Radian Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Radian Group investors own include Ford Motor (F), Energy Transfer (ET), Alibaba Group (BABA), NVIDIA (NVDA), Citigroup (C), Micron Technology (MU), Advanced Micro Devices (AMD), Bank of America (BAC), Intel (INTC) and Pfizer (PFE).

Who are Radian Group's major shareholders?

Radian Group's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (13.49%), LSV Asset Management (4.53%), Donald Smith & CO. Inc. (2.09%), Wealth Enhancement Advisory Services LLC (0.58%), Principal Financial Group Inc. (0.52%) and BNP PARIBAS ASSET MANAGEMENT Holding S.A. (0.42%). Insiders that own company stock include Brien Mcmahon, Derek Brummer, Edward J Hoffman, Edward J Hoffman, Eric Ray, Gregory Serio, Howard Bernard Culang, Lisa Mumford, Lisa W Hess, Mary Dickerson, Noel Joseph Spiegel and Richard G Thornberry.
View institutional ownership trends
.

How do I buy shares of Radian Group?

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

This page (NYSE:RDN) was last updated on 5/23/2024 by MarketBeat.com Staff

From Our Partners