Radian Group - RDN Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Radian Group in the last twelve months. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" RDN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RDN, but not buy additional shares or sell existing shares.
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7 Wall Street research analysts have issued 12 month target prices for Radian Group's shares. Their RDN share price forecasts range from $21.00 to $26.00. On average, they expect the company's stock price to reach $23.71 in the next twelve months. This suggests a possible upside of 10.5% from the stock's current price.
View analysts price targets for RDN or view top-rated stocks among Wall Street analysts.

Radian Group's stock was trading at $19.07 at the beginning of 2023. Since then, RDN stock has increased by 12.6% and is now trading at $21.47.
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Radian Group saw a drop in short interest in the month of February. As of February 15th, there was short interest totaling 3,710,000 shares, a drop of 21.9% from the January 31st total of 4,750,000 shares. Based on an average daily volume of 1,190,000 shares, the days-to-cover ratio is presently 3.1 days. Approximately 2.4% of the company's shares are short sold.
View Radian Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023.
View our RDN earnings forecast.

Radian Group Inc. (NYSE:RDN) posted its quarterly earnings results on Wednesday, February, 8th. The insurance provider reported $1.05 earnings per share for the quarter, beating the consensus estimate of $0.87 by $0.18. The insurance provider earned $314.72 million during the quarter, compared to the consensus estimate of $312.63 million. Radian Group had a trailing twelve-month return on equity of 22.58% and a net margin of 62.39%. Radian Group's revenue for the quarter was down 7.0% compared to the same quarter last year. During the same quarter last year, the firm earned $1.07 earnings per share.

Radian Group declared a quarterly dividend on Wednesday, February 15th. Investors of record on Monday, February 27th will be paid a dividend of $0.225 per share on Wednesday, March 15th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 4.19%. The ex-dividend date of this dividend is Friday, February 24th. This is an increase from the stock's previous quarterly dividend of $0.20.
Read our dividend analysis for RDN.

ETFs with the largest weight of Radian Group (NYSE:RDN) stock in their portfolio include VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), SPDR S&P Bank ETF (KBE), First Trust SMID Cap Rising Dividend Archievers ETF (SDVY), Qraft AI-Enhanced Next Value ETF (NVQ), First Trust Mid Cap Value AlphaDEX Fund (FNK), iShares S&P Small-Cap 600 Value ETF (IJS), Hoya Capital Housing ETF (HOMZ) and WisdomTree U.S. SmallCap Dividend Fund (DES).

Radian Group (NYSE:RDN) pays an annual dividend of $0.90 per share and currently has a dividend yield of 4.38%. RDN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 20.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RDN will have a dividend payout ratio of 28.30% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RDN.

Radian Group announced that its Board of Directors has authorized a share repurchase plan on Wednesday, February 9th 2022, which permits the company to buyback $400,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 9.5% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's management believes its shares are undervalued.

25 employees have rated Radian Group Chief Executive Officer Richard Thornberry on Glassdoor.com. Richard Thornberry has an approval rating of 83% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Radian Group investors own include Ford Motor (F), Energy Transfer (ET), Alibaba Group (BABA), NVIDIA (NVDA), Citigroup (C), Micron Technology (MU), Advanced Micro Devices (AMD), Bank of America (BAC), Intel (INTC) and Pfizer (PFE).

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

Radian Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include LSV Asset Management (4.69%), T. Rowe Price Investment Management Inc. (3.66%), Dimensional Fund Advisors LP (3.52%), Thrivent Financial for Lutherans (2.78%), Fuller & Thaler Asset Management Inc. (2.62%) and Charles Schwab Investment Management Inc. (2.51%). Insiders that own company stock include Brien Mcmahon, Derek Brummer, Edward J Hoffman, Edward J Hoffman, Howard Bernard Culang, Lisa Mumford, Mary Dickerson, Noel Joseph Spiegel, Richard G Thornberry and Thomas Cortese.
View institutional ownership trends.

Shares of RDN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of RDN stock can currently be purchased for approximately $21.47.

Radian Group (NYSE:RDN) has a market capitalization of $3.37 billion and generates $1.19 billion in revenue each year. The insurance provider earns $742.93 million in net income (profit) each year or $4.37 on an earnings per share basis.

The company employs 1,400 workers across the globe.

Radian Group's mailing address is 1500 Market Street, Philadelphia PA, 19102. The official website for the company is www.radian.biz. The insurance provider can be reached via phone at (215) 231-1000, via email at emily.riley@radian.biz, or via fax at 302-636-5454.