Radian Group Inc. (NYSE:RDN – Free Report) – Equities researchers at Roth Capital raised their Q2 2026 earnings per share estimates for Radian Group in a note issued to investors on Wednesday, May 21st. Roth Capital analyst H. Fong now anticipates that the insurance provider will earn $1.05 per share for the quarter, up from their previous forecast of $1.04. The consensus estimate for Radian Group’s current full-year earnings is $3.79 per share.
Radian Group (NYSE:RDN – Get Free Report) last released its earnings results on Wednesday, April 30th. The insurance provider reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.95 by $0.04. Radian Group had a net margin of 46.85% and a return on equity of 13.96%. The company had revenue of $318.11 million for the quarter, compared to analyst estimates of $326.99 million. During the same period in the prior year, the firm earned $1.03 EPS. The firm’s quarterly revenue was down .4% on a year-over-year basis.
Check Out Our Latest Analysis on Radian Group
Radian Group Stock Performance
NYSE:RDN opened at $33.06 on Thursday. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.87 and a quick ratio of 2.01. The firm has a market cap of $4.44 billion, a PE ratio of 8.41, a P/E/G ratio of 1.73 and a beta of 0.71. The firm has a 50 day simple moving average of $32.57 and a 200-day simple moving average of $32.90. Radian Group has a 1-year low of $29.32 and a 1-year high of $37.86.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. First Trust Advisors LP increased its stake in Radian Group by 20.6% during the fourth quarter. First Trust Advisors LP now owns 10,766,237 shares of the insurance provider’s stock worth $341,505,000 after acquiring an additional 1,836,020 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of Radian Group by 4.0% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 6,340,962 shares of the insurance provider’s stock valued at $209,696,000 after purchasing an additional 246,799 shares in the last quarter. American Century Companies Inc. grew its holdings in shares of Radian Group by 9.2% during the 1st quarter. American Century Companies Inc. now owns 3,658,250 shares of the insurance provider’s stock worth $120,978,000 after purchasing an additional 306,889 shares during the period. Norges Bank acquired a new stake in Radian Group during the 4th quarter worth approximately $73,693,000. Finally, River Road Asset Management LLC raised its holdings in Radian Group by 0.3% in the fourth quarter. River Road Asset Management LLC now owns 1,644,386 shares of the insurance provider’s stock valued at $52,160,000 after buying an additional 5,524 shares during the period. Institutional investors and hedge funds own 95.33% of the company’s stock.
Insider Buying and Selling at Radian Group
In other news, Director Gregory Serio sold 4,100 shares of the company’s stock in a transaction on Friday, February 28th. The stock was sold at an average price of $32.65, for a total transaction of $133,865.00. Following the completion of the sale, the director now directly owns 344 shares in the company, valued at $11,231.60. This represents a 92.26% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 2.01% of the stock is owned by company insiders.
Radian Group declared that its Board of Directors has authorized a share repurchase plan on Wednesday, May 21st that allows the company to buyback $750.00 million in outstanding shares. This buyback authorization allows the insurance provider to purchase up to 16.9% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.
Radian Group Company Profile
Radian Group Inc, together with its subsidiaries, engages in the mortgage and real estate services business in the United States. It operates through two segments, Mortgage Insurance and Homegenius segments. The Mortgage Insurance segment aggregates, manages, and distributes U.S. mortgage credit risk for mortgage lending institutions and mortgage credit investors, through private mortgage insurance on residential first-lien mortgage loans; and other credit risk management solutions, including contract underwriting.
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