Radian Group Inc. (NYSE:RDN – Get Free Report) has been given a consensus rating of “Moderate Buy” by the nine ratings firms that are currently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $43.29.
A number of research firms have weighed in on RDN. Weiss Ratings cut shares of Radian Group from a “buy (b+)” rating to a “buy (b)” rating in a research note on Tuesday, October 13th. Zacks Research upgraded Radian Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 13th. Wall Street Zen downgraded Radian Group from a “buy” rating to a “hold” rating in a research report on Saturday, October 10th. BTIG Research began coverage on Radian Group in a report on Tuesday, September 22nd. They set a “buy” rating and a $48.00 price target on the stock. Finally, Keefe, Bruyette & Woods lowered their price objective on Radian Group from $46.00 to $44.00 and set an “outperform” rating for the company in a research note on Tuesday, August 11th.
View Our Latest Stock Report on Radian Group
More Radian Group News
Here are the key news stories impacting Radian Group this week:
- Positive Sentiment: Radian earned $1.44 per share, beating analyst estimates of roughly $1.20–$1.27 and rising from $1.15 a year earlier. Revenue reached $624.1 million, above the cited consensus estimate. RDN Q3 Earnings Beat on Specialty Strength, Revenues Rise Y/Y
- Positive Sentiment: Operating income increased 25.2%, supported by strength in Specialty Insurance, including Inigo, as well as underwriting and investment income. Commentary following the earnings release also highlighted a valuation case that RDN could be substantially below estimated fair value; that assessment is a model-based view, not a guaranteed return. Radian Group Could Be 66% Below Fair Value As Strong Q3 Earnings Land
- Neutral Sentiment: Barclays raised its price target from $36 to $37 but kept an “equal weight” rating, implying limited upside at the cited share price and signaling a measured analyst outlook. Barclays stock recommendations
- Negative Sentiment: Despite the earnings beat, RDN shares declined in the latest trading session. The provided reports do not identify a specific catalyst for that move, so it may reflect investor caution or profit-taking rather than a clearly reported deterioration in results.
Insider Buying and Selling at Radian Group
In other news, EVP Stephen Keleher sold 8,000 shares of Radian Group stock in a transaction on Thursday, November 5th. The shares were sold at an average price of $38.58, for a total transaction of $308,640.00. Following the transaction, the executive vice president owned 27,789 shares in the company, valued at approximately $1,072,099.62. The trade was a 22.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Meghan Bartholomew sold 7,812 shares of the business’s stock in a transaction on Monday, September 14th. The stock was sold at an average price of $35.94, for a total transaction of $280,763.28. Following the completion of the sale, the executive vice president directly owned 39,203 shares in the company, valued at approximately $1,408,955.82. This represents a 16.62% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.03% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Radian Group
Several institutional investors and hedge funds have recently made changes to their positions in RDN. BlackRock Inc. acquired a new position in shares of Radian Group in the second quarter worth approximately $728,072,000. Donald Smith & CO. Inc. bought a new stake in shares of Radian Group in the 2nd quarter valued at $163,104,000. Caisse de depot et placement du Quebec bought a new stake in shares of Radian Group in the 2nd quarter valued at $89,334,000. Bruni J V & Co. Co. acquired a new stake in shares of Radian Group during the second quarter worth $59,355,376. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Radian Group during the second quarter worth $45,553,000. Institutional investors and hedge funds own 95.33% of the company’s stock.
Radian Group Price Performance
Shares of RDN stock traded down $1.31 on Friday, hitting $35.95. 889,336 shares of the company’s stock were exchanged, compared to its average volume of 1,755,635. Radian Group has a 12 month low of $30.53 and a 12 month high of $41.05. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.60 and a quick ratio of 0.60. The company has a 50 day moving average of $34.80 and a 200 day moving average of $35.27. The stock has a market cap of $4.76 billion, a P/E ratio of 8.81, a price-to-earnings-growth ratio of 0.90 and a beta of 0.69.
Radian Group (NYSE:RDN – Get Free Report) last posted its earnings results on Wednesday, November 4th. The insurance provider reported $1.44 EPS for the quarter, topping analysts’ consensus estimates of $1.20 by $0.24. The firm had revenue of $624.11 million during the quarter, compared to analysts’ expectations of $595.99 million. Radian Group had a net margin of 32.60% and a return on equity of 13.65%. During the same quarter in the prior year, the business earned $1.15 earnings per share. On average, equities research analysts predict that Radian Group will post 4.85 EPS for the current year.
Radian Group Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Monday, August 24th were paid a dividend of $0.2550 per share. The ex-dividend date of this dividend was Monday, August 24th. This represents a $1.02 annualized dividend and a dividend yield of 2.8%. Radian Group’s dividend payout ratio (DPR) is presently 25.00%.
About Radian Group
Radian Group Inc (NYSE:RDN) is a financial services company that provides mortgage insurance and related services to the residential real estate industry. Through its mortgage insurance subsidiaries, including Radian Guaranty Inc, the company helps lenders manage credit risk on residential mortgages, particularly loans made to borrowers with smaller down payments. Its insurance can also help borrowers obtain home financing without contributing a traditional 20% down payment.
Radian’s mortgage insurance business serves mortgage lenders, banks, credit unions and other housing finance participants primarily in the United States.
Featured Articles
- Five stocks we like better than Radian Group
- Astera Labs Just Crushed Earnings—So Why Are Analysts Cutting Price Targets?
- Sandisk Shares Are Oversold: Bargain or Value Trap?
- IonQ’s Record Revenue Includes a Big SkyWater Boost: Does That Change the Story?
- Airbnb Defied a Brutal Tech Sell-Off, But Can Its Post-Earnings Rally Last?
Receive News & Ratings for Radian Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Radian Group and related companies with MarketBeat.com's FREE daily email newsletter.
