NYSE:RDN - Radian Group Stock Price, Forecast & News

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

Radian Group announced a quarterly dividend on Wednesday, November 13th. Investors of record on Monday, November 25th will be paid a dividend of $0.0025 per share on Friday, December 6th. This represents a $0.01 dividend on an annualized basis and a dividend yield of 0.04%. The ex-dividend date of this dividend is Friday, November 22nd. This is an increase from Radian Group's previous quarterly dividend of $0.00. View Radian Group's Dividend History.

Radian Group announced that its Board of Directors has initiated a share buyback program on Thursday, August 16th 2018, which allows the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 2.4% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's leadership believes its stock is undervalued.

Radian Group Inc (NYSE:RDN) announced its quarterly earnings results on Wednesday, October, 30th. The insurance provider reported $0.81 EPS for the quarter, topping the Zacks' consensus estimate of $0.73 by $0.08. The insurance provider had revenue of $380.34 million for the quarter, compared to analysts' expectations of $363.96 million. Radian Group had a return on equity of 17.41% and a net margin of 44.27%. The business's revenue was up 15.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.71 earnings per share. View Radian Group's Earnings History.

Radian Group is scheduled to release their next quarterly earnings announcement on Friday, February 14th 2020. View Earnings Estimates for Radian Group.

6 Wall Street analysts have issued 12-month price targets for Radian Group's shares. Their forecasts range from $27.00 to $33.50. On average, they anticipate Radian Group's stock price to reach $29.08 in the next twelve months. This suggests a possible upside of 16.2% from the stock's current price. View Analyst Price Targets 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.

Media stories about RDN stock have been trending negative recently, according to InfoTrie. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Radian Group earned a news impact score of -2.3 on InfoTrie's scale. They also gave news stories 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 News Stories for Radian Group.

Some companies that are related to Radian Group include People's United Financial (PBCT), TFS Financial (TFSL), New York Community Bancorp (NYCB), MGIC Investment (MTG), Lendingtree (TREE), Washington Federal (WAFD), Simply Good Foods (SMPL), WSFS Financial (WSFS), Walker & Dunlop (WD), Capitol Federal Financial (CFFN), Northwest Bancshares (NWBI), Provident Financial Services (PFS), Berkshire Hills Bancorp (BHLB), Brookline Bancorp (BRKL) and OceanFirst Financial (OCFC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Radian Group investors own include Ford Motor (F), Energy Transfer LP Unit (ET), CBL & Associates Properties (CBL), Micron Technology (MU), NVIDIA (NVDA), MGIC Investment (MTG), AT&T (T), Intel (INTC), Bank of America (BAC) and Citigroup (C).

Radian Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include Dalton Greiner Hartman Maher & Co. (0.20%), SeaCrest Wealth Management LLC (0.04%), Bowling Portfolio Management LLC (0.03%), State of Alaska Department of Revenue (0.02%), Janney Montgomery Scott LLC (0.01%) and Wedge Capital Management L L P NC (0.01%). 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.

RDN stock was sold by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., Bowling Portfolio Management LLC and SeaCrest Wealth Management LLC. View Insider Buying and Selling for Radian Group.

RDN stock was purchased by a variety of institutional investors in the last quarter, including Janney Montgomery Scott LLC, Wedge Capital Management L L P NC, State of Alaska Department of Revenue, AE Wealth Management LLC and Nisa Investment Advisors 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.

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 $25.02.

Radian Group has a market capitalization of $5.03 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.

The official website for Radian Group is http://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]