NYSE:RDNRadian Group Stock Price, Forecast & News

Radian Group's stock was trading at $18.80 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, RDN shares have decreased by 12.0% and is now trading at $16.55. View which stocks have been most impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Radian Group in the last year. There are currently 1 hold rating and 4 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) released its quarterly earnings data on Wednesday, May, 6th. The insurance provider reported $0.80 earnings per share 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 analysts' expectations of $366.38 million. Radian Group had a return on equity of 17.32% and a net margin of 43.01%. The company's quarterly revenue was down 9.5% on a year-over-year basis. During the same period last year, the company posted $0.73 EPS. View Radian Group's earnings history.

Radian Group declared a quarterly dividend on Wednesday, May 13th. Stockholders 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 3.02%. The ex-dividend date of this dividend is Friday, May 22nd. View Radian Group's dividend history.

Radian Group declared that its board has authorized a stock repurchase program on Thursday, August 16th 2018, which authorizes the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 2.4% of its shares through open market purchases. Shares buyback programs are often an indication that the company's board believes its shares are undervalued.

5 Wall Street analysts have issued 12-month price targets for Radian Group's shares. Their forecasts range from $16.00 to $28.00. On average, they anticipate Radian Group's stock price to reach $23.60 in the next twelve months. This suggests a possible upside of 42.6% from the stock's current price. View analysts' price targets for Radian Group.

Media coverage about RDN stock has trended very positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing 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 closest to five being the most favorable. Radian Group earned a media sentiment score of 3.1 on InfoTrie's scale. They also gave media stories about the insurance provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days. View the latest news aboutRadian Group.

Radian Group saw a increase in short interest in May. As of May 15th, there was short interest totaling 7,060,000 shares, an increase of 6.0% from the April 30th total of 6,660,000 shares. Based on an average trading volume of 2,400,000 shares, the days-to-cover ratio is presently 2.9 days. Approximately 3.6% of the company's shares are short sold. 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), TFS Financial (TFSL), Lendingtree (TREE), MGIC Investment (MTG), Washington Federal (WAFD), Simply Good Foods (SMPL), Capitol Federal Financial (CFFN), WSFS Financial (WSFS), EverBank Financial (EVER), Northwest Bancshares (NWBI), Walker & Dunlop (WD), 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 a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.69%), State Street Corp (2.69%), Nuveen Asset Management LLC (2.54%), APG Asset Management N.V. (2.06%), Geode Capital Management LLC (1.73%) and Thrivent Financial for Lutherans (1.54%). View institutional ownership trends for Radian Group.

RDN stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., APG Asset Management N.V., Canada Pension Plan Investment Board, Capital International Investors, APG Asset Management N.V., BlackRock Inc., AJO LP, and Morgan Stanley. View insider buying and selling activity for Radian Group.

RDN stock was purchased by a variety of institutional investors in the last quarter, including Grantham Mayo Van Otterloo & Co. LLC, JPMorgan Chase & Co., Invesco Ltd., Geode Capital Management LLC, EJF Capital LLC, Skba Capital Management LLC, Healthcare of Ontario Pension Plan Trust Fund, and BI Asset Management Fondsmaeglerselskab A S. 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 $16.55.

Radian Group has a market capitalization of $3.15 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]