Radian Group Inc, through its subsidiaries, engages in the mortgage and real estate services business in the United States. It operates in two segments, Mortgage Insurance and Services. The Mortgage Insurance segment offers credit-related insurance coverage, primarily through private mortgage insurance on residential first-lien mortgage loans, as well as other credit risk management solutions to mortgage lending institutions and mortgage credit investors.
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Industry, Sector and Symbol
Industry Surety insurance
Sub-IndustryThrifts & Mortgage Finance
SectorFinance
Phone215-231-1000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.27 billion
Profitability
Miscellaneous
Employees1,942
Next Earnings Date10/30/2019 (Estimated)
OptionableOptionable
Radian Group (NYSE:RDN) Frequently Asked Questions
What is Radian Group's stock symbol?
Radian Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "RDN."
How often does Radian Group pay dividends? What is the dividend yield for Radian Group?
Radian Group announced a quarterly dividend on Wednesday, August 14th. Stockholders of record on Monday, August 26th will be given a dividend of $0.002 per share on Friday, September 6th. This represents a $0.01 annualized dividend and a dividend yield of 0.04%. The ex-dividend date is Friday, August 23rd. View Radian Group's Dividend History.
How will Radian Group's stock buyback program work?
Radian Group declared that its board has authorized a stock buyback plan on Thursday, August 16th 2018, which authorizes the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 2.4% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's leadership believes its shares are undervalued.
How were Radian Group's earnings last quarter?
Radian Group Inc (NYSE:RDN) issued its quarterly earnings results on Wednesday, July, 31st. The insurance provider reported $0.80 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.70 by $0.10. The insurance provider earned $394.96 million during the quarter, compared to the consensus estimate of $352.77 million. Radian Group had a return on equity of 17.68% and a net margin of 43.66%. The company's revenue for the quarter was up 23.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.69 earnings per share. View Radian Group's Earnings History.
When is Radian Group's next earnings date?
What price target have analysts set for RDN?
6 brokers have issued 1 year price objectives for Radian Group's stock. Their predictions range from $27.00 to $30.00. On average, they expect Radian Group's share price to reach $28.3333 in the next twelve months. This suggests a possible upside of 24.5% from the stock's current price. View Analyst Price Targets for Radian Group.
What is the consensus analysts' recommendation 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.
Has Radian Group been receiving favorable news coverage?
News coverage about RDN stock has been trending negative on Sunday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Radian Group earned a news sentiment score of -2.3 on InfoTrie's scale. They also assigned news stories about the insurance provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Radian Group.
Are investors shorting Radian Group?
Radian Group saw a drop in short interest during the month of July. As of July 15th, there was short interest totalling 2,957,900 shares, a drop of 15.0% from the June 15th total of 3,477,900 shares. Based on an average daily volume of 1,340,000 shares, the days-to-cover ratio is presently 2.2 days. Approximately 1.4% of the company's shares are sold short. View Radian Group's Current Options Chain.
Who are some of Radian Group's key competitors?
What other stocks do shareholders of Radian Group own?
Who are Radian Group's key executives?
Radian Group's management team includes the folowing people:
- Mr. Richard G. Thornberry, CEO & Director (Age 61)
- Mr. J. Franklin Hall, Sr. EVP & CFO (Age 51)
- Mr. Edward J. Hoffman, Sr. Exec. VP, Gen. Counsel, Corp. Sec. & Corp. Responsibility Officer (Age 45)
- Mr. Derek V. Brummer, Sr. Exec. VP of Mortgage Insurance & Risk Services (Age 48)
- Mr. Brien Joseph McMahon, Sr. EVP & Chief Franchise Officer (Age 59)
Who are Radian Group's major shareholders?
Radian Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.74%), BlackRock Inc. (7.28%), LSV Asset Management (4.40%), Putnam Investments LLC (4.40%), Price T Rowe Associates Inc. MD (3.83%) and Northern Trust Corp (2.51%). 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.
Which institutional investors are selling Radian Group stock?
RDN stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., BlackRock Inc., LSV Asset Management, Dalton Greiner Hartman Maher & Co., D. E. Shaw & Co. Inc., Man Group plc, Rothschild & Co. Asset Management US Inc. and Morgan Stanley. View Insider Buying and Selling for Radian Group.
Which institutional investors are buying Radian Group stock?
RDN stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, APG Asset Management N.V., Acadian Asset Management LLC, Skandinaviska Enskilda Banken AB publ , Panagora Asset Management Inc., Point72 Asset Management L.P., EJF Capital LLC and Grantham Mayo Van Otterloo & Co. 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.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Radian Group's stock price today?
One share of RDN stock can currently be purchased for approximately $22.76.
How big of a company is Radian Group?
Radian Group has a market capitalization of $4.63 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.
What is Radian Group's official website?
How can I contact Radian Group?
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]
MarketBeat Community Rating for Radian Group (NYSE RDN)
MarketBeat's community ratings are surveys of what our community members think about Radian Group and other stocks. Vote "Outperform" if you believe RDN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RDN will underperform the S&P 500 over the long term. You may vote once every thirty days.
