Radian Group Company Profile (NYSE:RDN)

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

Radian Group declared a quarterly dividend on Wednesday, August 9th. Investors of record on Monday, August 21st will be given a dividend of $0.0025 per share on Friday, September 1st. This represents a $0.01 annualized dividend and a dividend yield of 0.05%. The ex-dividend date is Thursday, August 17th. View Radian Group's Dividend History.

Radian Group announced that its board has approved a stock repurchase plan on Thursday, August 10th 2017, which authorizes the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 1.3% of its stock through open market purchases. Stock repurchase plans are often an indication that the company's board of directors believes its stock is undervalued.

Radian Group Inc. (NYSE:RDN) announced its quarterly earnings data on Tuesday, August, 1st. The company reported $0.48 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.40 by $0.08. The company earned $302.91 million during the quarter, compared to analyst estimates of $299.07 million. Radian Group had a return on equity of 12.81% and a net margin of 16.26%. Radian Group's revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.38 EPS. View Radian Group's Earnings History.

Radian Group is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for Radian Group.

7 brokerages have issued 12-month price targets for Radian Group's shares. Their predictions range from $21.00 to $24.00. On average, they expect Radian Group's stock price to reach $22.04 in the next twelve months. View Analyst Ratings for Radian Group.

Here are some recent quotes from research analysts about Radian Group stock:

• 1. BTIG Research analysts commented, "Seeks to Extend Recent Momentum with 3Q17 Report While shares of most of the U.S. private mortgage insurers (PMIs) have rallied nicely this year, a notable exception has been Radian Group (RDN)." (10/15/2017)
• 2. According to Zacks Investment Research, "Shares of Radian Group have outperformed the insurance industry in a year. Radian Group is poised for long-term growth on expansive mortgage and real estate service offerings, declining delinquency, lower levels of paid claims and improving risk-based capital ratio. The company has received rating upgrades owing to a string of capital takes undertaken by the company and is thus on track to return to an investment grade rating. Its initiatives to solidify the financial position and improved debt maturity profile bode well. However, stricter regulations, rising mortgage rates and a competitive market pose risks for Radian Group. The company expects expenses to be between $62 million and $66 million each quarter. Radian is set to announce third quarter result on Oct 26. Our proven model conclusively show that the company is likely to beat on earnings this time because it has a right combination of Zacks Rank #2 and an Earnings ESP of +1.16%." (10/10/2017)

Some companies that are related to Radian Group include Alleghany Corporation (Y), W. R. Berkley Corp (WRB), RSA Insurance Group plc (RSA), Industrial Alliance Insur. & Fin. Ser. (IAG), Erie Indemnity Company (ERIE), First American Corporation (The) (FAF), Old Republic International Corporation (ORI), Direct Line Insurance Group PLC (DLG), Assured Guaranty (AGO), Essent Group (ESNT), The Hanover Insurance Group (THG), Hiscox Ltd (HSX), White Mountains Insurance Group (WTM), Selective Insurance Group (SIGI), ProAssurance Corporation (PRA), RLI Corp. (RLI), Saga PLC (SAGA) and Argo Group International Holdings (AGII).

Radian Group's management team includes the folowing people:

• Richard G. Thornberry, Chief Executive Officer, Director
• J. Franklin Hall, Chief Financial Officer, Executive Vice President
• Jeffrey Tennyson, President - Clayton Holdings LLC
• Derek V. Brummer, Executive Vice President, Chief Risk Officer
• Edward J. Hoffman, Executive Vice President, General Counsel, Corporate Secretary
• Catherine M. Jackson, Senior Vice President, Chief Accounting Officer, Controller
• Herbert Wender, Non-Executive Independent Chairman of the Board
• David C. Carney, Independent Director
• Howard B. Culang, Independent Director
• Lisa W. Hess, Independent Director

Radian Group's stock is owned by a variety of of institutional and retail investors. Top institutional investors include APG Asset Management N.V. (0.29%) and Quantitative Systematic Strategies LLC (0.03%). Company insiders that own Radian Group stock include Bazemore Teresa Bryce, Catherine Mary Jackson, Derek Brummer, Edward J Hoffman, Howard Bernard Culang, J Franklin Hall, Richard Altman, Richard G Thornberry and Sanford A Ibrahim. View Institutional Ownership Trends for Radian Group.

Radian Group's stock was sold by a variety of institutional investors in the last quarter, including Quantitative Systematic Strategies LLC. Company insiders that have sold Radian Group stock in the last year include Bazemore Teresa Bryce, Catherine Mary Jackson, Edward J Hoffman, Richard Altman and Sanford A Ibrahim. View Insider Buying and Selling for Radian Group.

Radian Group's stock was bought by a variety of institutional investors in the last quarter, including APG Asset Management N.V.. Company insiders that have bought Radian Group stock in the last two years include Bazemore Teresa Bryce, Catherine Mary Jackson, Derek Brummer, Howard Bernard Culang, J Franklin Hall, Richard G Thornberry and Sanford A Ibrahim. View Insider Buying and Selling for Radian Group.

Shares of Radian Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Radian Group stock can currently be purchased for approximately $20.29.