
Radian Group Inc. (NYSE:RDN – Free Report) – Research analysts at DOWLING & PARTN raised their FY2026 earnings estimates for shares of Radian Group in a research report issued on Wednesday, October 7th. DOWLING & PARTN analyst G. Dunn now anticipates that the insurance provider will post earnings of $4.60 per share for the year, up from their previous forecast of $4.54. The consensus estimate for Radian Group’s current full-year earnings is $4.88 per share.
Several other equities analysts have also recently weighed in on RDN. Barclays lifted their target price on Radian Group from $35.00 to $36.00 and gave the company an “equal weight” rating in a research note on Monday, October 5th. Keefe, Bruyette & Woods reduced their price target on shares of Radian Group from $46.00 to $44.00 and set an “outperform” rating for the company in a research report on Tuesday, August 11th. Zacks Research lowered shares of Radian Group from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 6th. Wall Street Zen lowered shares of Radian Group from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Weiss Ratings upgraded shares of Radian Group from a “buy (b)” rating to a “buy (b+)” rating in a research report on Monday, September 28th. Six research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $43.14.
Radian Group Stock Performance
Shares of RDN stock opened at $33.82 on Monday. The company has a market capitalization of $4.47 billion, a price-to-earnings ratio of 7.18, a P/E/G ratio of 0.82 and a beta of 0.71. Radian Group has a 1-year low of $30.53 and a 1-year high of $41.05. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.14. The stock’s fifty day simple moving average is $35.37 and its 200-day simple moving average is $35.89.
Radian Group (NYSE:RDN – Get Free Report) last released its earnings results on Thursday, August 6th. The insurance provider reported $1.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.34 by ($0.20). Radian Group had a net margin of 32.60% and a return on equity of 13.65%. The business had revenue of $574.96 million during the quarter, compared to analysts’ expectations of $556.55 million. During the same quarter in the previous year, the company earned $1.01 EPS. Radian Group’s revenue for the quarter was up 92.3% on a year-over-year basis.
Radian Group Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, September 9th. Shareholders of record on Monday, August 24th were paid a $0.2550 dividend. The ex-dividend date was Monday, August 24th. This represents a $1.02 dividend on an annualized basis and a yield of 3.0%. Radian Group’s payout ratio is 26.22%.
Insider Buying and Selling
In other Radian Group news, EVP Meghan Bartholomew sold 7,812 shares of the business’s stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $35.94, for a total value of $280,763.28. Following the transaction, the executive vice president owned 39,203 shares in the company, valued at $1,408,955.82. The trade was a 16.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.03% of the stock is owned by company insiders.
Institutional Investors Weigh In On Radian Group
Hedge funds and other institutional investors have recently made changes to their positions in the company. NorthCrest Asset Manangement LLC increased its holdings in Radian Group by 10.6% in the third quarter. NorthCrest Asset Manangement LLC now owns 14,065 shares of the insurance provider’s stock worth $431,000 after buying an additional 1,344 shares during the last quarter. GAMMA Investing LLC grew its position in Radian Group by 4.1% in the third quarter. GAMMA Investing LLC now owns 11,613 shares of the insurance provider’s stock worth $355,000 after acquiring an additional 462 shares in the last quarter. Sequoia Financial Advisors LLC grew its position in Radian Group by 11.0% in the second quarter. Sequoia Financial Advisors LLC now owns 7,540 shares of the insurance provider’s stock worth $284,000 after acquiring an additional 747 shares in the last quarter. Tidal Investments LLC grew its position in Radian Group by 374.1% in the second quarter. Tidal Investments LLC now owns 33,498 shares of the insurance provider’s stock worth $1,262,000 after acquiring an additional 26,432 shares in the last quarter. Finally, Integrated Wealth Concepts LLC acquired a new position in shares of Radian Group during the 2nd quarter worth $44,000. 95.33% of the stock is owned by hedge funds and other institutional investors.
About Radian Group
Radian Group Inc (NYSE: RDN) is a financial services company focused on supporting homeownership and the U.S. residential real estate market. Its principal business is mortgage insurance, which helps protect lenders and investors against losses when borrowers default on certain residential mortgage loans. Through its mortgage insurance operations, Radian serves mortgage lenders, banks, credit unions and other housing-finance participants.
The company also provides services and technology intended to support the mortgage and homeownership lifecycle.
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