NYSE:RDN

Radian Group (RDN) Stock Forecast, Price & News

$25.11

-0.24 (-0.95%)

(As of 09/29/2023 ET)

Compare

Today's Range: $24.99
▼
$25.41
50-Day Range: $25.05
▼
$28.10
52-Week Range: $17.83
▼
$28.26

Volume: 1.56 million shs
Average Volume: 1.03 million shs
Market Capitalization: $3.95 billion

P/E Ratio: 6.12
Dividend Yield: 3.58%
Price Target: $25.67

Radian Group MarketRank™ Forecast

Analyst Rating: Hold
2.14 Rating Score
Upside/Downside: 2.2% Upside
$25.67 Price Target
Short Interest: Bearish
4.20% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.94
Based on 4 Articles This Week
Insider Trading: Selling Shares
$119,942 Sold Last Quarter
Proj. Earnings Growth: -3.17%
From $3.47 to $3.36 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.75 out of 5 stars

Finance Sector

765th out of 879 stocks

Surety Insurance Industry

8th out of 8 stocks

1.1

Analyst's Opinion

Consensus Rating
Radian Group has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on 2 buy ratings, 4 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $25.67, Radian Group has a forecasted upside of 2.2% from its current price of $25.11.
Amount of Analyst Coverage
Radian Group has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
4.20% of the float of Radian Group has been sold short.
Short Interest Ratio / Days to Cover
Radian Group has a short interest ratio ("days to cover") of 6.6.
Change versus previous month
Short interest in Radian Group has recently increased by 2.18%, indicating that investor sentiment is decreasing.

3.3

Dividend Strength

Dividend Leadership
Radian Group is a leading dividend payer. It pays a dividend yield of 3.58%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Radian Group has only been increasing its dividend for 4 years.
Dividend Coverage
The dividend payout ratio of Radian Group is 21.95%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Radian Group will have a dividend payout ratio of 26.79% next year. This indicates that Radian Group will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for RDN.

2.2

News and Social Media Coverage

News Sentiment
Radian Group has a news sentiment score of 0.94. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Radian Group this week, compared to 4 articles on an average week.
Search Interest
Only 8 people have searched for RDN on MarketBeat in the last 30 days. This is a decrease of -11% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added Radian Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Radian Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $119,942.00 in company stock.
Percentage Held by Insiders
Only 1.58% of the stock of Radian Group is held by insiders.
Percentage Held by Institutions
96.17% of the stock of Radian Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Radian Group are expected to decrease by -3.17% in the coming year, from $3.47 to $3.36 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Radian Group is 6.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 107.08.
Price to Earnings Ratio vs. Sector
The P/E ratio of Radian Group is 6.12, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 64.51.
Price to Earnings Growth Ratio
Radian Group has a PEG Ratio of 1.45. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Radian Group has a P/B Ratio of 1.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Radian Group (NYSE:RDN) Stock

Radian Group Inc., together with its subsidiaries, engages in the mortgage and real estate services business in the United States. The company operates through Mortgage and Homegenius segments. The Mortgage segment offers credit-related insurance coverage primarily through private mortgage insurance on residential first-lien mortgage loans, as well as other credit risk management, contract underwriting solutions. This segment primarily serves mortgage originators, such as mortgage banks, commercial banks, savings institutions, credit unions, and community banks. The Homegenius segment offers title services, including a suite of insurance and non-insurance title, tax and title data, centralized recording, document retrieval and default curative title services, and deed and property reports, as well as closing and settlement services comprising electronic execution and traditional signing services; real estate valuation products and services; and asset management services, as well as a suite of real estate technology products and services to facilitate real estate transactions, such as software as a service solutions. This segment serves consumers, mortgage lenders, mortgage and real estate investors, government-sponsored enterprises, and real estate brokers and agents. Radian Group Inc. was founded in 1977 and is headquartered in Wayne, Pennsylvania.

RDN Price History

30 days | 90 days | 365 days | Advanced Chart

RDN Stock News Headlines

September 29, 2023 | americanbankingnews.com

Radian Group Inc. (NYSE:RDN) Given Consensus Rating of "Hold" by Brokerages

September 22, 2023 | finance.yahoo.com

4 Insurance Stocks That Have Outperformed S&P 500 in a Year

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Radian Group (NYSE: RDN)

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September 1, 2023 | finance.yahoo.com

Why Is Radian (RDN) Down 1.5% Since Last Earnings Report?

August 31, 2023 | msn.com

Radian Group (RDN) Price Target Increased by 9.72% to 29.75

August 22, 2023 | finance.yahoo.com

Radian Mortgage Insurance Now Available Through Vesta

August 17, 2023 | msn.com

Cisterra Officially Opens 22-Story Radian Apartment Tower in Ballpark District

August 17, 2023 | finance.yahoo.com

3 Stocks to Gain as Fed Hints at Further Higher Rates

August 17, 2023 | finance.yahoo.com

Why You Should Add Radian Group (RDN) Stock to Your Portfolio

August 15, 2023 | finance.yahoo.com

Small Deposits: M&T names new Delaware leader; TD Bank taps industry vet as HR head

August 8, 2023 | finance.yahoo.com

Radian Appoints Anne Leyden to Board of Directors

August 5, 2023 | finance.yahoo.com

Radian Group Inc. (NYSE:RDN) Q2 2023 Earnings Call Transcript

August 4, 2023 | markets.businessinsider.com

Analyst Expectations for Radian Group's Future

August 4, 2023 | finance.yahoo.com

Q2 2023 Radian Group Inc Earnings Call

August 3, 2023 | finance.yahoo.com

Radian Group (RDN) Q2 Earnings Top, Revenues Miss Estimates

August 1, 2023 | markets.businessinsider.com

Here's what Wall Street expects from Radian Group's earnings report

July 17, 2023 | seekingalpha.com

Radian Group Inc. Seems To Be Quite Fairly Valued At The Moment

July 13, 2023 | finance.yahoo.com

Does Radian Group (NYSE:RDN) Deserve A Spot On Your Watchlist?

June 30, 2023 | thestreet.com

Radian Group Stock Falls On Unusually High Volume (RDN)

June 22, 2023 | markets.businessinsider.com

Radian Group (RDN) Gets a Hold from BTIG

June 21, 2023 | msn.com

Expert Ratings for Radian Group

See More Headlines

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RDN Company Calendar

Last Earnings: 8/02/2023
Ex-Dividend for 9/6 Dividend: 8/18/2023
Dividend Payable: 9/06/2023
Today: 10/01/2023
Next Earnings (Estimated): 11/01/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Surety insurance
Sub-Industry: Thrifts & Mortgage Finance
Sector: Finance
Current Symbol: NYSE:RDN
CUSIP: 75023610
CIK: 890926
Web: www.radian.biz
Phone: (800) 523-1988
Fax: 302-636-5454
Employees: 1,400
Year Founded: 1977

Price Target and Rating

Average Stock Price Forecast: $25.67
High Stock Price Forecast: $29.00
Low Stock Price Forecast: $21.00
Forecasted Upside/Downside: +2.2%
Consensus Rating: Hold
Rating Score (0-4): 2.14
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.10
Trailing P/E Ratio: 6.12
Forward P/E Ratio: 7.24
P/E Growth: 1.46
Net Income: $742.93 million
Net Margins: 54.83%
Pretax Margin: 69.76%
Return on Equity: 17.30%
Return on Assets: 9.65%

Debt

Debt-to-Equity Ratio: 0.38
Current Ratio: 1.29
Quick Ratio: 1.29

Sales & Book Value

Annual Sales: $1.19 billion
Price / Sales: 3.32
Cash Flow: $5.73 per share
Price / Cash Flow: 4.38
Book Value: $24.96 per share
Price / Book: 1.01

Miscellaneous

Outstanding Shares: 157,430,000
Free Float: 154,939,000
Market Cap: $3.95 billion
Optionable: Optionable
Beta: 1.08

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Key Executives

Mr. Richard Gerald Thornberry (Age 65)
CEO & Director
Comp: $3.39M

Mr. Robert James Quigley (Age 51)
Exec. VP, Corp. Controller & Chief Accounting Officer
Comp: $705.94k

Mr. Edward John Hoffman (Age 49)
Sr. EVP, Gen. Counsel & Corp. Sec.
Comp: $1.14M

Mr. Derek V. Brummer (Age 52)
Pres of Mortgage
Comp: $1.45M

Mr. Brien Joseph McMahon (Age 62)
Sr. Exec. VP, Chief Franchise Officer & Co-Head of Homegenius
Comp: $941.42k

Ms. Sumita Pandit (Age 45)
CFO & Sr. EVP

Mr. William Thomas Tomljanovic (Age 61)
Chief Investment Officer, Sr. VP & Treasurer

Mr. John W. Damian
Sr. VP of Corp. Devel. & Investor Relations

Ms. Emily S. Riley
Exec. VP, Chief Marketing & Corp. Communications Officer

Ms. Mary Creedon Dickerson (Age 50)
Sr. EVP & Chief People Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

RDN Stock - Frequently Asked Questions

Should I buy or sell Radian Group stock right now?: 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Radian Group in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research 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 forecast for 2023?: 7 Wall Street research analysts have issued 12 month price objectives for Radian Group's stock. Their RDN share price forecasts range from $21.00 to $29.00. On average, they anticipate the company's stock price to reach $25.67 in the next year. This suggests a possible upside of 2.2% from the stock's current price.
View analysts price targets for RDN or view top-rated stocks among Wall Street analysts.
How have RDN shares performed in 2023?: Radian Group's stock was trading at $19.07 on January 1st, 2023. Since then, RDN stock has increased by 31.7% and is now trading at $25.11.
View the best growth stocks for 2023 here.
When is Radian Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our RDN earnings forecast.
How were Radian Group's earnings last quarter?: Radian Group Inc. (NYSE:RDN) released its quarterly earnings data on Wednesday, August, 2nd. The insurance provider reported $0.91 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.76 by $0.15. The insurance provider earned $278.85 million during the quarter, compared to analyst estimates of $289.10 million. Radian Group had a net margin of 54.83% and a trailing twelve-month return on equity of 17.30%.
How often does Radian Group pay dividends? What is the dividend yield for Radian Group?: Radian Group declared a quarterly dividend on Wednesday, August 9th. Investors of record on Monday, August 21st will be given a dividend of $0.225 per share on Wednesday, September 6th. This represents a $0.90 annualized dividend and a dividend yield of 3.58%. The ex-dividend date of this dividend is Friday, August 18th.
Read our dividend analysis for RDN.
What ETFs hold Radian Group's stock?: ETFs with the largest weight of Radian Group (NYSE:RDN) stock in their portfolio include VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), Invesco S&P SmallCap Financials ETF (PSCF), Invesco S&P SmallCap Quality ETF (XSHQ), SPDR S&P Bank ETF (KBE), JPMorgan Active Small Cap Value ETF (JPSV), Invesco Dorsey Wright Financial Momentum ETF (PFI), Convergence Long/Short Equity ETF (CLSE) and WisdomTree U.S. SmallCap Dividend Fund (DES).
Is Radian Group a good dividend stock?: Radian Group (NYSE:RDN) pays an annual dividend of $0.90 per share and currently has a dividend yield of 3.55%. 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 21.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RDN will have a dividend payout ratio of 26.79% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RDN.

How will Radian Group's stock buyback program work?: Radian Group declared that its Board of Directors has initiated a stock buyback plan on Wednesday, February 9th 2022, which authorizes the company to buyback $400,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 9.5% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board of directors believes its stock is undervalued.
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).
What is Radian Group's stock symbol?: Radian Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "RDN."
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Radian Group's stock price today?: One share of RDN stock can currently be purchased for approximately $25.11.
How much money does Radian Group make?: Radian Group (NYSE:RDN) has a market capitalization of $3.95 billion and generates $1.19 billion in revenue each year. The insurance provider earns $742.93 million in net income (profit) each year or $4.10 on an earnings per share basis.
How many employees does Radian Group have?: The company employs 1,400 workers across the globe.
How can I contact Radian Group?: Radian Group's mailing address is 1500 Market Street, Philadelphia PA, 19102. The official website for the company is www.radian.biz. The insurance provider can be reached via phone at (800) 523-1988, via email at emily.riley@radian.biz, or via fax at 302-636-5454.

This page (NYSE:RDN) was last updated on 10/1/2023 by MarketBeat.com Staff

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