Keefe, Bruyette & Woods upgraded shares of Radian Group (NYSE: RDN) from a market perform rating to an outperform rating in a report released on Monday. Keefe, Bruyette & Woods currently has $12.00 target price on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at Susquehanna raised their price target on shares of Radian Group from $6.00 to $14.00 in a research note to investors on Wednesday, February 20th. Finally, analysts at FBR Capital raised their price target on shares of Radian Group from $6.00 to $8.00 in a research note to investors on Tuesday, February 12th. They now have a market perform rating on the stock.
Four analysts have rated the stock with a buy rating, and five have given a hold rating to the company. The company has an average rating of overweight and an average target price of $9.54.
Shares of Radian Group traded down 1.91% during mid-day trading on Monday, hitting $10.29. Radian Group has a one year low of $2.00 and a one year high of $10.95. The stock’s 50-day moving average is currently $7.25. The company’s market cap is $1.376 billion.
The company also recently declared a quarterly dividend, which is scheduled for Wednesday, March 6th. Shareholders of record on Monday, February 25th will be given a dividend of $0.00 per share. This represents a $0.01 dividend on an annualized basis and a yield of 0.10%. The ex-dividend date of this dividend is Thursday, February 21st.
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