NYSE:RDNRadian Group Stock Price, Forecast & News

Radian Group's stock was trading at $18.80 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, RDN shares have decreased by 9.9% and is now trading at $16.93. 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 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) released 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 earned $329.08 million during 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 business's revenue was down 9.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.73 earnings per share. View Radian Group's earnings history.

Radian Group announced a quarterly dividend on Wednesday, May 13th. Shareholders 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 dividend on an annualized basis and a dividend yield of 2.95%. The ex-dividend date is Friday, May 22nd. View Radian Group's dividend history.

Radian Group declared that its board has authorized a stock buyback program 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 purchase up to 2.4% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board of directors believes its shares are undervalued.

5 brokers have issued twelve-month target prices for Radian Group's stock. Their forecasts range from $20.00 to $28.00. On average, they anticipate Radian Group's share price to reach $24.40 in the next year. This suggests a possible upside of 44.1% from the stock's current price. View analysts' price targets for Radian Group.

News stories about RDN stock have been trending very negative this week, according to InfoTrie Sentiment. The research firm identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Radian Group earned a media sentiment score of -3.5 on InfoTrie's scale. They also gave press coverage about the insurance provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutRadian Group.

Radian Group saw a increase in short interest in the month of 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 daily trading volume, of 2,400,000 shares, the days-to-cover ratio is currently 2.9 days. Currently, 3.6% 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), TFS Financial (TFSL), Lendingtree (TREE), MGIC Investment (MTG), Washington Federal (WAFD), Capitol Federal Financial (CFFN), Simply Good Foods (SMPL), EverBank Financial (EVER), WSFS Financial (WSFS), 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 many different 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%). Company insiders that own Radian Group stock include Edward J Hoffman and Lisa Mumford. 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 $16.93.

Radian Group has a market capitalization of $3.22 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]