
Radian Group Inc. (NYSE:RDN – Free Report) – Research analysts at DOWLING & PARTN raised their FY2026 earnings per share (EPS) estimates for shares of Radian Group in a report released on Tuesday, November 10th. DOWLING & PARTN analyst G. Dunn now forecasts that the insurance provider will post earnings per share of $5.00 for the year, up from their prior estimate of $4.60. The consensus estimate for Radian Group’s current full-year earnings is $4.91 per share. DOWLING & PARTN also issued estimates for Radian Group’s FY2027 earnings at $4.95 EPS and FY2028 earnings at $4.95 EPS.
Radian Group (NYSE:RDN – Get Free Report) last issued its quarterly earnings data on Thursday, November 5th. The insurance provider reported $1.44 earnings per share 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 return on equity of 14.39% and a net margin of 28.41%. During the same period in the prior year, the business posted $1.15 EPS.
A number of other equities analysts also recently commented on RDN. Keefe, Bruyette & Woods reduced their target price on shares of Radian Group from $44.00 to $43.00 and set an “outperform” rating for the company in a report on Tuesday. BTIG Research began coverage on shares of Radian Group in a report on Tuesday, September 22nd. They issued a “buy” rating and a $48.00 price target on the stock. Barclays raised their price target on shares of Radian Group from $36.00 to $37.00 and gave the company an “equal weight” rating in a report on Friday, November 6th. Weiss Ratings upgraded shares of Radian Group from a “buy (b)” rating to a “buy (b+)” rating in a research note on Wednesday. Finally, Zacks Research upgraded shares of Radian Group from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 13th. Six research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $42.57.
Read Our Latest Stock Report on Radian Group
Radian Group Price Performance
Shares of RDN stock opened at $36.80 on Friday. Radian Group has a 1-year low of $30.53 and a 1-year high of $41.05. The stock’s 50-day moving average is $34.85 and its 200 day moving average is $35.34. The company has a market cap of $4.65 billion, a P/E ratio of 7.43, a PEG ratio of 0.94 and a beta of 0.69. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.55 and a quick ratio of 0.60.
Radian Group Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 8th. Shareholders of record on Monday, November 23rd will be paid a dividend of $0.2550 per share. The ex-dividend date is Monday, November 23rd. This represents a $1.02 dividend on an annualized basis and a yield of 2.8%. Radian Group’s dividend payout ratio is presently 25.00%.
Insiders Place Their Bets
In other Radian Group news, EVP Stephen Keleher sold 8,000 shares of the firm’s stock in a transaction on Thursday, November 5th. The shares were sold at an average price of $38.58, for a total value of $308,640.00. Following the completion of the transaction, the executive vice president owned 27,789 shares of the company’s stock, valued at approximately $1,072,099.62. This trade represents a 22.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, 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 Radian Group 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 sale, the executive vice president owned 39,203 shares of the company’s stock, valued at $1,408,955.82. The trade was a 16.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 2.03% of the company’s stock.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of RDN. Meeder Advisory Services Inc. acquired a new position in Radian Group in the third quarter valued at approximately $285,000. Advisors Asset Management Inc. acquired a new stake in Radian Group during the third quarter valued at $3,389,000. Ieq Capital LLC grew its position in Radian Group by 26.0% during the third quarter. Ieq Capital LLC now owns 14,468 shares of the insurance provider’s stock valued at $443,000 after buying an additional 2,988 shares during the period. Focus Advisor Solutions LLC purchased a new position in Radian Group in the third quarter valued at $289,000. Finally, Boston Partners increased its holdings in Radian Group by 63.7% in the third quarter. Boston Partners now owns 65,819 shares of the insurance provider’s stock valued at $2,015,000 after buying an additional 25,616 shares in the last quarter. 95.33% of the stock is owned by institutional investors and hedge funds.
About Radian Group
Radian Group Inc. is a mortgage and real estate services company whose primary business is private mortgage insurance. Through its subsidiaries, it provides mortgage insurance to lenders and other housing finance participants in the United States. Mortgage insurance helps protect lenders and investors against losses if borrowers default. It can also support home purchases by allowing qualified borrowers to obtain mortgages with smaller down payments than would otherwise be required. Radian also offers services and solutions related to mortgage risk management.
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