Radian Group (RDN) Expected to Announce Earnings on Wednesday

Radian Group (NYSE:RDN - Get Free Report) is expected to be releasing its earnings data after the market closes on Wednesday, February 5th. Analysts expect Radian Group to post earnings of $0.92 per share and revenue of $242.64 million for the quarter. Investors interested in participating in the company's conference call can do so using this link.

Radian Group (NYSE:RDN - Get Free Report) last announced its quarterly earnings data on Wednesday, November 6th. The insurance provider reported $1.03 earnings per share for the quarter, beating analysts' consensus estimates of $0.88 by $0.15. The business had revenue of $319.05 million for the quarter, compared to analyst estimates of $320.30 million. Radian Group had a return on equity of 13.81% and a net margin of 45.96%. On average, analysts expect Radian Group to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Radian Group Stock Performance

RDN traded down $0.25 during midday trading on Wednesday, hitting $34.01. 1,147,018 shares of the company were exchanged, compared to its average volume of 1,208,662. Radian Group has a 1-year low of $26.11 and a 1-year high of $37.86. The firm has a market capitalization of $5.06 billion, a price-to-earnings ratio of 8.81, a price-to-earnings-growth ratio of 1.81 and a beta of 1.06. The company's 50 day simple moving average is $33.18 and its 200 day simple moving average is $34.21. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.42.

Radian Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Monday, November 25th were issued a dividend of $0.245 per share. This represents a $0.98 annualized dividend and a dividend yield of 2.88%. The ex-dividend date was Monday, November 25th. Radian Group's dividend payout ratio (DPR) is 25.39%.

Insider Activity

In other news, insider Derek Brummer sold 14,705 shares of the stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $34.65, for a total value of $509,528.25. Following the transaction, the insider now owns 171,830 shares in the company, valued at approximately $5,953,909.50. This represents a 7.88 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 2.16% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on RDN. Barclays increased their price objective on shares of Radian Group from $32.00 to $33.00 and gave the company an "equal weight" rating in a report on Tuesday, October 8th. Keefe, Bruyette & Woods lowered their target price on Radian Group from $41.00 to $40.00 and set an "outperform" rating on the stock in a report on Wednesday, January 8th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, Radian Group has a consensus rating of "Hold" and a consensus price target of $36.30.

About Radian Group

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.