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Radian Group (RDN) Stock Forecast & Price Target

$35.41
+0.50 (+1.43%)
(As of 07/22/2024 ET)

Radian Group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 4 Wall Street analysts who have issued ratings for Radian Group in the last 12 months, the stock has a consensus rating of "Hold." Out of the 4 analysts, 3 have given a hold rating, and 1 has given a buy rating for RDN.

Consensus Price Target

$31.13
-12.10% Downside
High Forecast$36.00
Average Forecast$31.13
Low Forecast$28.00

According to the 4 analysts' twelve-month price targets for Radian Group, the average price target is $31.13. The highest price target for RDN is $36.00, while the lowest price target for RDN is $28.00. The average price target represents a forecasted downside of -12.10% from the current price of $35.41.

TypeCurrent Forecast
7/24/23 to 7/23/24
1 Month Ago
6/24/23 to 6/23/24
3 Months Ago
4/25/23 to 4/24/24
1 Year Ago
7/24/22 to 7/24/23
Consensus Rating
Hold
Hold
Reduce
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
0 Buy rating(s)
2 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$31.13$31.13$30.00$24.83
Forecasted Upside-12.10% Downside6.07% Upside6.17% Upside15.21% Upside
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RDN Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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RDN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Radian Group Stock vs. The Competition

TypeRadian GroupFinance CompaniesS&P 500
Consensus Rating Score
2.25
2.45
2.51
Consensus RatingHoldHoldModerate Buy
Predicted Upside-12.10% Downside37.10% Upside9.23% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/3/2024Keefe, Bruyette & Woods
4 of 5 stars
B. George
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UpgradeMarket Perform ➝ Outperform$35.00 ➝ $36.00+15.24%
5/22/2024UBS Group
4 of 5 stars
 Boost TargetNeutral ➝ Neutral$30.00 ➝ $31.50+0.22%
11/15/2023Barclays
2 of 5 stars
 Initiated CoverageEqual Weight$28.00+4.71%
8/4/2023Royal Bank of Canada
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 Boost TargetSector Perform ➝ Sector Perform$26.00 ➝ $29.00+3.68%
5/9/2023Bank of America
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 DowngradeBuy ➝ Underperform
4/11/2023Compass Point
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 UpgradeNeutral ➝ Buy$29.00+31.94%
2/9/2023Roth Capital
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H. Fong
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Reiterated RatingBuy
12/6/2022BTIG Research
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 DowngradeBuy ➝ Neutral
10/13/2022Credit Suisse Group
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 Lower Target$23.50+20.57%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 03:54 AM ET.

RDN Forecast - Frequently Asked Questions

What is Radian Group's forecast for 2024?

According to the research reports of 4 Wall Street equities research analysts, the average twelve-month stock price forecast for Radian Group is $31.13, with a high forecast of $36.00 and a low forecast of $28.00.

Should I buy or sell Radian Group stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Radian Group in the last year. There are currently 3 hold ratings and 1 buy rating 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.

Does Radian Group's stock price have much upside?

According to analysts, Radian Group's stock has a predicted upside of 6.07% based on their 12-month stock forecasts.

Has Radian Group been upgraded by Wall Street analysts recently?

Over the previous 90 days, Radian Group's stock had 1 upgrade by analysts.

What analysts cover Radian Group?

Radian Group has been rated by research analysts at Keefe, Bruyette & Woods, and UBS Group in the past 90 days.

Do Wall Street analysts like Radian Group more than its competitors?

Analysts like Radian Group less than other "finance" companies. The consensus rating score for Radian Group is 2.25 while the average consensus rating score for "finance" companies is 2.45. Learn more on how RDN compares to other companies.


This page (NYSE:RDN) was last updated on 7/23/2024 by MarketBeat.com Staff

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