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 declared a quarterly dividend on Wednesday, August 14th. Shareholders of record on Monday, August 26th will be paid a dividend of $0.002 per share on Friday, September 6th. This represents a $0.01 annualized dividend and a yield of 0.03%. The ex-dividend date of this dividend 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 of Directors has authorized a share repurchase program 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 purchase up to 2.4% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's management believes its shares are undervalued.
How were Radian Group's earnings last quarter?
Radian Group Inc (NYSE:RDN) released its quarterly earnings data on Wednesday, July, 31st. The insurance provider reported $0.80 EPS for the quarter, beating the consensus estimate of $0.70 by $0.10. The insurance provider earned $394.96 million during the quarter, compared to analysts' expectations of $352.77 million. Radian Group had a net margin of 43.66% and a return on equity of 17.68%. Radian Group's quarterly revenue was up 23.7% on a year-over-year basis. During the same period in the prior year, the company posted $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 Wall Street analysts have issued 1 year target prices for Radian Group's shares. Their forecasts range from $27.00 to $30.00. On average, they anticipate Radian Group's share price to reach $28.3333 in the next year. This suggests a possible upside of 20.9% 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 stories about RDN stock have trended somewhat positive this week, InfoTrie reports. InfoTrie identifies negative and positive media 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 coverage optimism score of 0.9 on InfoTrie's scale. They also assigned news headlines about the insurance provider a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Radian Group.
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 a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.74%), BlackRock Inc. (7.28%), BlackRock Inc. (7.28%), LSV Asset Management (4.40%), Putnam Investments LLC (4.40%) and Price T Rowe Associates Inc. MD (3.83%). 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., BlackRock Inc., LSV Asset Management, Dalton Greiner Hartman Maher & Co., D. E. Shaw & Co. Inc., Man Group plc and Rothschild & Co. Asset Management US Inc.. 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, Robinhood, Fidelity and Charles Schwab.
What is Radian Group's stock price today?
One share of RDN stock can currently be purchased for approximately $23.43.
How big of a company is Radian Group?
Radian Group has a market capitalization of $4.76 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.
