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

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

Radian Group declared a quarterly dividend on Wednesday, November 13th. Stockholders of record on Monday, November 25th will be given a dividend of $0.0025 per share on Friday, December 6th. This represents a $0.01 dividend on an annualized basis and a dividend yield of 0.04%. The ex-dividend date of this dividend is Friday, November 22nd. This is an increase from Radian Group's previous quarterly dividend of $0.00. View Radian Group's Dividend History.

Radian Group announced that its Board of Directors has authorized a stock repurchase plan on Thursday, August 16th 2018, which allows the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 2.4% of its shares through open market purchases. Shares buyback plans are often an indication that the company's leadership believes its stock is undervalued.

Radian Group Inc (NYSE:RDN) announced its quarterly earnings results on Wednesday, October, 30th. The insurance provider reported $0.81 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.73 by $0.08. The insurance provider earned $380.34 million during the quarter, compared to analyst estimates of $363.96 million. Radian Group had a net margin of 44.27% and a return on equity of 17.41%. The company's quarterly revenue was up 15.0% on a year-over-year basis. During the same period last year, the company posted $0.71 earnings per share. View Radian Group's Earnings History.

Radian Group is scheduled to release their next quarterly earnings announcement on Friday, February 14th 2020. View Earnings Estimates for Radian Group.

6 equities research analysts have issued 12 month price objectives for Radian Group's shares. Their forecasts range from $27.00 to $33.50. On average, they anticipate Radian Group's stock price to reach $29.08 in the next year. This suggests a possible upside of 15.9% from the stock's current price. View Analyst Price Targets for Radian Group.

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.

News coverage about RDN stock has trended positive recently, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Radian Group earned a daily sentiment score of 3.0 on InfoTrie's scale. They also gave news coverage about the insurance provider a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the immediate future. View News Stories for Radian Group.

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

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

Radian Group's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Dalton Greiner Hartman Maher & Co. (0.20%), Bowling Portfolio Management LLC (0.03%), State of Alaska Department of Revenue (0.02%), Wedge Capital Management L L P NC (0.01%), Nisa Investment Advisors LLC (0.01%) and AE Wealth Management LLC (0.00%). Company insiders that own Radian Group stock include Derek Brummer, Edward J Hoffman, Herbert Wender, J Franklin Hall and Richard G Thornberry. View Institutional Ownership Trends for Radian Group.

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

RDN stock was purchased by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, State of Alaska Department of Revenue, AE Wealth Management LLC and Nisa Investment Advisors 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.

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 $25.10.

Radian Group has a market capitalization of $5.05 billion and generates $1.27 billion in revenue each year. The insurance provider earns $606.01 million in net income (profit) each year or $2.69 on an earnings per share basis. Radian Group employs 1,942 workers across the globe.View Additional Information About Radian Group.

The official website for Radian Group is http://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]