Radian Group (RDN) Scheduled to Post Earnings on Wednesday

Radian Group (NYSE:RDNGet Free Report) is scheduled to release its earnings data after the market closes on Wednesday, February 7th. Analysts expect Radian Group to post earnings of $0.82 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Radian Group Stock Performance

NYSE RDN opened at $28.36 on Tuesday. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $4.34 billion, a price-to-earnings ratio of 7.31, a P/E/G ratio of 1.75 and a beta of 1.02. The firm’s 50 day simple moving average is $28.05 and its 200 day simple moving average is $26.93. Radian Group has a 1 year low of $20.01 and a 1 year high of $29.69.

Radian Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 12th. Shareholders of record on Monday, November 27th were given a $0.225 dividend. The ex-dividend date was Friday, November 24th. This represents a $0.90 dividend on an annualized basis and a yield of 3.17%. Radian Group’s dividend payout ratio is currently 23.20%.

Analysts Set New Price Targets

RDN has been the topic of a number of recent research reports. Barclays assumed coverage on shares of Radian Group in a report on Wednesday, November 15th. They set an “equal weight” rating and a $28.00 price target on the stock. Keefe, Bruyette & Woods upgraded shares of Radian Group from a “market perform” rating to an “outperform” rating and set a $29.00 price target on the stock in a report on Wednesday, December 13th. Finally, UBS Group assumed coverage on shares of Radian Group in a research note on Wednesday, December 6th. They issued a “neutral” rating and a $28.00 target price on the stock. One research analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $28.60.

Read Our Latest Research Report on RDN

Institutional Trading of Radian Group

Several hedge funds and other institutional investors have recently modified their holdings of the business. Point72 Middle East FZE purchased a new stake in shares of Radian Group during the 4th quarter valued at $37,000. Ensign Peak Advisors Inc bought a new stake in Radian Group in the 3rd quarter worth $73,000. Comerica Bank bought a new stake in Radian Group in the 2nd quarter worth $99,000. Lazard Asset Management LLC grew its holdings in Radian Group by 194.7% in the 4th quarter. Lazard Asset Management LLC now owns 4,285 shares of the insurance provider’s stock worth $81,000 after acquiring an additional 2,831 shares during the last quarter. Finally, Captrust Financial Advisors boosted its stake in shares of Radian Group by 49.8% during the 2nd quarter. Captrust Financial Advisors now owns 4,441 shares of the insurance provider’s stock valued at $87,000 after purchasing an additional 1,476 shares in the last quarter. Institutional investors own 96.17% of the company’s stock.

Radian Group Company Profile

(Get Free Report)

Radian Group Inc, together with its subsidiaries, engages in the mortgage and real estate services business in the United States. The company operates through Mortgage and Homegenius segments. The Mortgage segment offers credit-related insurance coverage primarily through private mortgage insurance on residential first-lien mortgage loans, as well as other credit risk management, contract underwriting solutions.

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Earnings History for Radian Group (NYSE:RDN)

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