NYSE:RDNRadian Group Stock Price, Forecast & News

Radian Group's stock was trading at $18.80 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, RDN shares have decreased by 29.6% and is now trading at $13.24. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Radian Group in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Radian Group.

Radian Group is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Radian Group.

Radian Group Inc (NYSE:RDN) announced its earnings results on Wednesday, May, 6th. The insurance provider reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.06. The insurance provider had revenue of $329.08 million for the quarter, compared to analysts' expectations of $366.38 million. Radian Group had a net margin of 43.01% and a return on equity of 17.32%. The company's quarterly revenue was down 9.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.73 EPS. View Radian Group's earnings history.

Radian Group declared a quarterly dividend on Wednesday, May 13th. Stockholders of record on Tuesday, May 26th will be paid a dividend of $0.125 per share on Friday, June 5th. This represents a $0.50 annualized dividend and a yield of 3.78%. The ex-dividend date is Friday, May 22nd. View Radian Group's dividend history.

Radian Group declared that its Board of Directors has authorized a share repurchase plan on Thursday, August 16th 2018, which permits the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to buy up to 2.4% of its shares through open market purchases. Shares buyback plans are often a sign that the company's board believes its shares are undervalued.

6 equities research analysts have issued 1 year price targets for Radian Group's shares. Their forecasts range from $20.00 to $28.00. On average, they anticipate Radian Group's stock price to reach $23.83 in the next year. This suggests a possible upside of 80.0% from the stock's current price. View analysts' price targets for Radian Group.

News articles about RDN stock have trended negative on Friday, according to InfoTrie. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Radian Group earned a daily sentiment score of -2.4 on InfoTrie's scale. They also gave news articles about the insurance provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future. View the latest news about Radian Group.

Radian Group saw a increase in short interest in June. As of June 15th, there was short interest totaling 5,140,000 shares, an increase of 6.0% from the May 31st total of 4,850,000 shares. Based on an average daily trading volume, of 2,540,000 shares, the short-interest ratio is presently 2.0 days. Approximately 2.7% of the company's shares are short sold. View Radian Group's Current Options Chain.

Some companies that are related to Radian Group include People's United Financial (PBCT), New York Community Bancorp (NYCB), Lendingtree (TREE), TFS Financial (TFSL), MGIC Investment (MTG), Simply Good Foods (SMPL), Washington Federal (WAFD), EverBank Financial (EVER), Walker & Dunlop (WD), Capitol Federal Financial (CFFN), WSFS Financial (WSFS), Northwest Bancshares (NWBI), OceanFirst Financial (OCFC), Provident Financial Services (PFS) and Oritani Financial (ORIT). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Radian Group investors own include Alibaba Group (BABA), NVIDIA (NVDA), Ford Motor (F), Energy Transfer LP Unit (ET), Micron Technology (MU), Citigroup (C), CBL & Associates Properties (CBL), Intel (INTC), Bank of America (BAC) and Walt Disney (DIS).

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 Dalton Greiner Hartman Maher & Co. (0.21%), Envestnet Asset Management Inc. (0.10%) and Diversified Trust Co (0.01%). Company insiders that own Radian Group stock include Edward J Hoffman and Lisa Mumford. View institutional ownership trends for Radian Group.

RDN stock was bought by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Diversified Trust Co, and Dalton Greiner Hartman Maher & Co.. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of RDN stock can currently be purchased for approximately $13.24.

Radian Group has a market capitalization of $2.52 billion and generates $1.53 billion in revenue each year. The insurance provider earns $672.31 million in net income (profit) each year or $3.21 on an earnings per share basis. Radian Group employs 2,000 workers across the globe.

The official website for Radian Group is www.radian.biz.

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]