Radian Group (NYSE:RDN) EVP Stephen Keleher Sells 8,000 Shares of Stock

Radian Group Inc. (NYSE:RDN) EVP Stephen Keleher sold 8,000 shares of the stock in a transaction dated Thursday, November 5th. The stock was sold at an average price of $38.58, for a total transaction of $308,640.00. Following the completion of the transaction, the executive vice president directly owned 27,789 shares of the company’s stock, valued at approximately $1,072,099.62. The trade was a 22.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Radian Group Stock Down 3.5%

RDN traded down $1.31 on Friday, hitting $35.95. The company had a trading volume of 889,336 shares, compared to its average volume of 1,755,635. The stock has a fifty day simple moving average of $34.80 and a 200-day simple moving average of $35.27. 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 firm has a market capitalization of $4.76 billion, a P/E ratio of 7.66, a P/E/G ratio of 0.90 and a beta of 0.69. Radian Group Inc. has a 52-week low of $30.53 and a 52-week high of $41.05.

Radian Group (NYSE:RDN) last announced its earnings results on Thursday, November 5th. The insurance provider reported $1.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.24. Radian Group had a return on equity of 13.65% and a net margin of 32.60%. The firm had revenue of $624.11 million during the quarter, compared to analyst estimates of $595.99 million. During the same quarter in the prior year, the company earned $1.15 EPS. As a group, equities analysts expect that Radian Group Inc. will post 4.85 EPS for the current fiscal year.

Radian Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Investors of record on Monday, August 24th were given a dividend of $0.2550 per share. The ex-dividend date was Monday, August 24th. This represents a $1.02 annualized dividend and a dividend yield of 2.8%. Radian Group’s payout ratio is currently 25.00%.

Hedge Funds Weigh In On Radian Group

A number of hedge funds have recently bought and sold shares of RDN. BlackRock Inc. bought a new position in Radian Group in the 2nd quarter worth approximately $728,072,000. Dimensional Fund Advisors LP grew its holdings in Radian Group by 4.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 5,948,335 shares of the insurance provider’s stock valued at $196,773,000 after buying an additional 230,912 shares in the last quarter. Donald Smith & CO. Inc. bought a new stake in shares of Radian Group during the second quarter valued at approximately $163,104,000. Caisse de depot et placement du Quebec bought a new stake in shares of Radian Group during the second quarter valued at approximately $89,334,000. Finally, Bruni J V & Co. Co. bought a new stake in shares of Radian Group during the second quarter valued at approximately $59,355,376. Hedge funds and other institutional investors own 95.33% of the company’s stock.

Radian Group News Summary

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.

Analyst Upgrades and Downgrades

RDN has been the topic of several analyst reports. Wall Street Zen downgraded Radian Group from a “buy” rating to a “hold” rating in a report on Saturday, October 10th. Keefe, Bruyette & Woods dropped their price target on shares of Radian Group from $46.00 to $44.00 and set an “outperform” rating on the stock in a research note on Tuesday, August 11th. Zacks Research raised shares of Radian Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 13th. Barclays raised their price objective on shares of Radian Group from $36.00 to $37.00 and gave the company an “equal weight” rating in a research note on Friday. Finally, Weiss Ratings cut shares of Radian Group from a “buy (b+)” rating to a “buy (b)” rating in a report on Tuesday, October 13th. Six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $43.29.

Radian Group Company Profile

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.