Radian Group Inc. (NYSE:RDN – Get Free Report) EVP Stephen Keleher sold 8,000 shares of the company’s stock in a transaction that occurred 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 directly 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Radian Group Price Performance
Shares of RDN stock opened at $35.95 on Friday. Radian Group Inc. has a 12 month low of $30.53 and a 12 month high of $41.05. The company has a market capitalization of $4.76 billion, a P/E ratio of 8.81, a P/E/G ratio of 0.90 and a beta of 0.69. The stock has a 50 day moving average of $34.80 and a two-hundred day moving average of $35.27. The company has a current ratio of 0.37, a quick ratio of 0.60 and a debt-to-equity ratio of 0.13.
Radian Group (NYSE:RDN – Get Free Report) last released its quarterly earnings data on Wednesday, November 4th. The insurance provider reported $1.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.20 by $0.24. The business had revenue of $624.11 million for 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 previous year, the business posted $1.15 earnings per share. As a group, equities analysts expect that Radian Group Inc. will post 4.85 EPS for the current year.
Radian Group Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, September 9th. Investors of record on Monday, August 24th were given a $0.2550 dividend. This represents a $1.02 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend was Monday, August 24th. Radian Group’s dividend payout ratio (DPR) is 25.00%.
Hedge Funds Weigh In On Radian Group
Hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Inc. bought a new stake in Radian Group in the second quarter valued at $728,072,000. Dimensional Fund Advisors LP raised its stake in Radian Group by 4.0% during the first quarter. Dimensional Fund Advisors LP now owns 5,948,335 shares of the insurance provider’s stock worth $196,773,000 after acquiring an additional 230,912 shares in the last quarter. Donald Smith & CO. Inc. bought a new position in shares of Radian Group during the second quarter valued at $163,104,000. Caisse de depot et placement du Quebec bought a new position in shares of Radian Group during the second quarter valued at $89,334,000. Finally, Bruni J V & Co. Co. bought a new position in shares of Radian Group during the second quarter valued at $59,355,376. Institutional investors own 95.33% of the company’s stock.
Radian Group News Roundup
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 lowered shares of Radian Group from a “buy” rating to a “hold” rating in a report on Saturday, October 10th. Weiss Ratings downgraded shares of Radian Group from a “buy (b+)” rating to a “buy (b)” rating in a report on Tuesday, October 13th. Barclays raised their price objective on shares of Radian Group from $36.00 to $37.00 and gave the stock an “equal weight” rating in a report on Friday. BTIG Research started coverage on shares of Radian Group in a research report on Tuesday, September 22nd. They set a “buy” rating and a $48.00 target price on the stock. Finally, Zacks Research raised shares of Radian Group from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 13th. Six analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $43.29.
Check Out Our Latest Research Report on RDN
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.
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