Radian Group (RDN) Stock Price, News & Analysis

Company Overview

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. The Homegenius segment offers title services, including a suite of insurance and non-insurance titles; tax and title data, centralized recording, document retrieval, and default curative title services; deed and property reports; closing and settlement services; mortgage underwriting and processing; escrow; appraisal management; and real estate brokerage. This segment also provides real estate valuation products and services; asset management services for managing real estate owned properties, which includes a web-based workflow solution; and a suite of real estate technology products and services to facilitate real estate transactions, such as proprietary platforms as a service solution. It serves mortgage originators, such as mortgage bankers, commercial banks, savings institutions, credit unions, and community banks; and consumers, mortgage lenders, mortgage and real estate investors, government-sponsored enterprises, real estate brokers and agents, and corporations for their employees. The company was formerly known as CMAC Investment Corp. and changed its name to Radian Group Inc. in June 1999. Radian Group Inc. was founded in 1977 and is headquartered in Wayne, Pennsylvania.

Key Stats

• Today's Range: $31.45 to $32.40
• 50-Day Range: $31.68 to $35.84
• 52-Week Range: $26.11 to $37.86
• Volume: 4.61 million shs
• Average Volume: 1.06 million shs
• Market Capitalization: $4.77 billion
• P/E Ratio: 8.30
• Dividend Yield: 3.06%
• Price Target: $36.10
• Consensus Rating: Hold

Radian Group Stock Analysis - MarketRank™

Radian Group scored higher than 54% of companies evaluated by MarketBeat, and ranked 605th out of 937 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

Radian Group has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Radian Group has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -8.00%

Earnings Growth

Earnings for Radian Group are expected to decrease by -8.00% in the coming year, from $4.00 to $3.68 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Radian Group is 8.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.38.

Price to Earnings Ratio vs. Sector

The P/E ratio of Radian Group is 8.30, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 37.80.

Price to Earnings Growth Ratio

Radian Group has a PEG Ratio of 1.69. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Radian Group has a P/B Ratio of 1.12. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

4.55% of the float of Radian Group has been sold short.

Short Interest Ratio / Days to Cover

Radian Group has a short interest ratio ("days to cover") of 6.4.

Change versus previous month

Short interest in Radian Group has recently increased by 5.86%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Radian Group pays a meaningful dividend of 2.92%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Radian Group does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Radian Group is 25.39%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Radian Group will have a dividend payout ratio of 26.63% next year. This indicates that Radian Group will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.55% of the float of Radian Group has been sold short.

Short Interest Ratio / Days to Cover

Radian Group has a short interest ratio ("days to cover") of 6.4.

Change versus previous month

Short interest in Radian Group has recently increased by 5.86%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.21

News Sentiment

Radian Group has a news sentiment score of 1.21. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.79 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Radian Group this week, compared to 5 articles on an average week.

Search Interest

3 people have searched for RDN on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Radian Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -98% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Radian Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $509,528.00 in company stock.

Percentage Held by Insiders

Only 2.16% of the stock of Radian Group is held by insiders.

Percentage Held by Institutions

95.33% of the stock of Radian Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

RDN Stock Analysis - Frequently Asked Questions

How have RDN shares performed this year?

Radian Group's stock was trading at $28.55 at the start of the year. Since then, RDN stock has increased by 12.3% and is now trading at $32.05.
View the best growth stocks for 2024 here.

How were Radian Group's earnings last quarter?

Radian Group Inc. (NYSE:RDN) announced its quarterly earnings data on Wednesday, November, 6th. The insurance provider reported $1.03 EPS for the quarter, beating analysts' consensus estimates of $0.88 by $0.15. The insurance provider earned $319.05 million during the quarter, compared to analyst estimates of $320.30 million. Radian Group had a net margin of 45.96% and a trailing twelve-month return on equity of 13.81%.

Who are Radian Group's major shareholders?

Radian Group's top institutional shareholders include State Street Corp (4.50%), Charles Schwab Investment Management Inc. (3.89%), FMR LLC (2.41%) and Geode Capital Management LLC (2.38%). Insiders that own company stock include Derek Brummer, Edward J Hoffman, Brien Mcmahon, Robert Quigley, Noel Joseph Spiegel, Lisa Mumford, Gregory Serio, Howard Bernard Culang, Lisa W Hess, Sumita Pandit, Eric Ray and Mary Dickerson.
View institutional ownership trends.

How do I buy shares of Radian Group?

Shares of RDN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Radian Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Radian Group investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Adobe (ADBE), Netflix (NFLX) and Exxon Mobil (XOM).

Company Calendar

• Last Earnings: 11/06/2024
• Ex-Dividend for 12/10 Dividend: 11/25/2024
• Dividend Payable: 12/10/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Surety insurance
• Sub-Industry: Thrifts & Mortgage Finance
• Current Symbol: NYSE:RDN
• CUSIP: 75023610
• CIK: 890926
• Web: www.radian.biz
• Phone: (800) 523-1988
• Fax: 302-636-5454
• Employees: 1,100
• Year Founded: 1977

Price Target and Rating

• Average Stock Price Target: $36.10
• High Stock Price Target: $40.00
• Low Stock Price Target: $31.50
• Potential Upside/Downside: +12.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.40
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $3.86
• Trailing P/E Ratio: 8.30
• Forward P/E Ratio: 8.01
• P/E Growth: 1.69
• Net Income: $603.12 million
• Net Margins: 45.96%
• Pretax Margin: 58.48%
• Return on Equity: 13.81%
• Return on Assets: 7.80%

Debt

• Debt-to-Equity Ratio: 0.42
• Current Ratio: 2.01
• Quick Ratio: 2.01

Sales & Book Value

• Annual Sales: $1.30 billion
• Price / Sales: 3.66
• Cash Flow: $4.33 per share
• Price / Cash Flow: 7.41
• Book Value: $28.71 per share
• Price / Book: 1.12

Miscellaneous

• Outstanding Shares: 148,933,000
• Free Float: 145,716,000
• Market Cap: $4.77 billion
• Optionable: Optionable
• Beta: 1.04