Radian Group (RDN) Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Radian Group in the last year. There are currently 1 sell rating, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities 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.

7 Wall Street research analysts have issued 12 month price objectives for Radian Group's shares. 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 2.8% from the stock's current price.
View analysts price targets for RDN or view top-rated stocks among Wall Street analysts.

Radian Group's stock was trading at $19.07 at the start of the year. Since then, RDN stock has increased by 30.9% and is now trading at $24.97.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our RDN earnings forecast.

Radian Group Inc. (NYSE:RDN) released its earnings results on Wednesday, August, 2nd. The insurance provider reported $0.91 earnings per share 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 analysts' expectations of $289.10 million. Radian Group had a trailing twelve-month return on equity of 17.30% and a net margin of 54.83%.

Radian Group announced a quarterly dividend on Wednesday, August 9th. Shareholders 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 dividend on an annualized basis and a yield of 3.60%. The ex-dividend date is Friday, August 18th.
Read our dividend analysis for RDN.

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).

Radian Group (NYSE:RDN) pays an annual dividend of $0.90 per share and currently has a dividend yield of 3.54%. 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.

Radian Group declared that its Board of Directors has authorized a stock repurchase program on Wednesday, February 9th 2022, which authorizes the company to buyback $400,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 9.5% of its shares through open market purchases. Shares buyback programs are often an indication that the company's board of directors believes its shares are undervalued.

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.

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).

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

Radian Group's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (9.24%), JPMorgan Chase & Co. (7.54%), LSV Asset Management (4.67%), State Street Corp (4.39%), Dimensional Fund Advisors LP (3.45%) and Thrivent Financial for Lutherans (2.53%). 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, Richard G Thornberry and Thomas Cortese.
View institutional ownership trends.

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.

One share of RDN stock can currently be purchased for approximately $24.97.

Radian Group (NYSE:RDN) has a market capitalization of $3.93 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.

The company employs 1,400 workers across the globe.

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.