NYSE:RDNRadian Group Stock Price, Forecast & News

Radian Group's stock was trading at $18.80 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, RDN stock has decreased by 25.9% and is now trading at $13.93. 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) posted its quarterly earnings results on Wednesday, May, 6th. The insurance provider reported $0.80 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.74 by $0.06. The insurance provider had revenue of $329.08 million for the quarter, compared to the consensus estimate of $366.38 million. Radian Group had a return on equity of 17.32% and a net margin of 43.01%. Radian Group's revenue was down 9.5% compared to the same quarter last year. During the same period last year, the firm posted $0.73 earnings per share. View Radian Group's earnings history.

Radian Group declared a quarterly dividend on Wednesday, May 13th. Investors of record on Tuesday, May 26th will be given a dividend of $0.125 per share on Friday, June 5th. This represents a $0.50 annualized dividend and a dividend yield of 3.59%. The ex-dividend date is Friday, May 22nd. View Radian Group's dividend history.

Radian Group announced that its board has initiated a stock repurchase program on Thursday, August 16th 2018, which permits the company to buyback $100,000,000.00 in outstanding 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 an indication that the company's board of directors believes its shares are undervalued.

6 analysts have issued 1-year price objectives for Radian Group's shares. Their forecasts range from $20.00 to $28.00. On average, they expect Radian Group's share price to reach $23.83 in the next twelve months. This suggests a possible upside of 71.1% from the stock's current price. View analysts' price targets for Radian Group.

Media headlines about RDN stock have trended very negative this week, according to InfoTrie Sentiment. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Radian Group earned a news sentiment score of -3.2 on InfoTrie's scale. They also assigned press coverage about the insurance provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news about Radian Group.

Radian Group saw a increase in short interest during the month of 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 days-to-cover ratio is presently 2.0 days. Approximately 2.7% of the company's stock are sold short. 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 shareholders 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 $13.93.

Radian Group has a market capitalization of $2.65 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]