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 declared a quarterly dividend on Friday, February 14th. Investors of record on Monday, February 24th will be paid a dividend of $0.125 per share on Friday, March 6th. This represents a $0.50 dividend on an annualized basis and a yield of 2.11%. The ex-dividend date is Friday, February 21st. This is a positive change from Radian Group's previous quarterly dividend of $0.00. View Radian Group's Dividend History.

Radian Group declared that its Board of Directors has initiated a stock repurchase plan on Thursday, August 16th 2018, which allows the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 2.4% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's management believes its stock is undervalued.

Radian Group Inc (NYSE:RDN) announced its quarterly earnings data on Wednesday, February, 5th. The insurance provider reported $0.86 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.77 by $0.09. The insurance provider earned $388.02 million during the quarter, compared to analyst estimates of $365.43 million. Radian Group had a return on equity of 17.65% and a net margin of 44.03%. Radian Group's quarterly revenue was up 17.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.77 EPS. View Radian Group's Earnings History.

Radian Group is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Radian Group.

6 equities research analysts have issued 1-year target prices for Radian Group's stock. Their forecasts range from $27.00 to $33.50. On average, they anticipate Radian Group's share price to reach $29.08 in the next year. This suggests a possible upside of 22.6% 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.

News coverage about RDN stock has been trending somewhat positive this week, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Radian Group earned a news impact score of 0.9 on InfoTrie's scale. They also assigned news stories about the insurance provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near 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), Walker & Dunlop (WD), Simply Good Foods (SMPL), WSFS Financial (WSFS), Capitol Federal Financial (CFFN), Northwest Bancshares (NWBI), Provident Financial Services (PFS), Berkshire Hills Bancorp (BHLB), Brookline Bancorp (BRKL) and EverBank Financial (EVER).

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

Radian Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include FMR LLC (8.80%), LSV Asset Management (4.21%), State Street Corp (2.56%), Investec Asset Management LTD (2.04%), AJO LP (1.59%) and Geode Capital Management LLC (1.49%). 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 Point72 Asset Management L.P., FMR LLC, Renaissance Technologies LLC, State Street Corp, William Blair Investment Management LLC, Victory Capital Management Inc., Boston Partners and AJO LP. View Insider Buying and Selling for Radian Group.

RDN stock was purchased by a variety of institutional investors in the last quarter, including Bank of America Corp DE, EJF Capital LLC, Mesirow Financial Investment Management Equity Management, Skandinaviska Enskilda Banken AB publ , Goldman Sachs Group Inc., Beach Point Capital Management LP, KBC Group NV and Geode Capital Management 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 $23.73.

Radian Group has a market capitalization of $4.77 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 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]