DOWLING & PARTN Boosts Earnings Estimates for Radian Group

Radian Group Inc. (NYSE:RDN – Free Report) – Research analysts at DOWLING & PARTN raised their FY2026 earnings per share estimates for Radian Group in a research report issued to clients and investors on Wednesday, October 7th. DOWLING & PARTN analyst G. Dunn now expects that the insurance provider will earn $4.60 per share for the year, up from their prior forecast of $4.54. The consensus estimate for Radian Group’s current full-year earnings is $4.88 per share.

Radian Group (NYSE:RDN – Get Free Report) last issued its earnings results on Thursday, August 6th. The insurance provider reported $1.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.34 by ($0.20). The firm had revenue of $574.96 million during the quarter, compared to the consensus estimate of $556.55 million. Radian Group had a return on equity of 13.65% and a net margin of 32.60%. Radian Group’s revenue for the quarter was up 92.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.01 earnings per share.

A number of other research firms have also weighed in on RDN. BTIG Research initiated coverage on shares of Radian Group in a research note on Tuesday, September 22nd. They issued a “buy” rating and a $48.00 price objective on the stock. Barclays boosted their target price on shares of Radian Group from $35.00 to $36.00 and gave the stock an “equal weight” rating in a research report on Monday, October 5th. Weiss Ratings raised shares of Radian Group from a “buy (b)” rating to a “buy (b+)” rating in a research report on Monday, September 28th. Wall Street Zen lowered shares of Radian Group from a “buy” rating to a “hold” rating in a report on Saturday. Finally, 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 report on Tuesday, August 11th. Six investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $43.14.

Check Out Our Latest Analysis on Radian Group

Radian Group Stock Performance

Shares of RDN stock opened at $33.82 on Monday. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.14. The firm has a fifty day simple moving average of $35.49 and a two-hundred day simple moving average of $35.88. Radian Group has a 12 month low of $30.53 and a 12 month high of $41.05. The firm has a market capitalization of $4.47 billion, a PE ratio of 8.69, a price-to-earnings-growth ratio of 0.82 and a beta of 0.71.

Radian Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Shareholders of record on Monday, August 24th were issued a dividend of $0.2550 per share. This represents a $1.02 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend was Monday, August 24th. Radian Group’s payout ratio is currently 26.22%.

Insider Transactions at Radian Group

In other news, EVP Meghan Bartholomew sold 7,812 shares of the company’s stock in a transaction on Monday, September 14th. The shares were sold at an average price of $35.94, for a total value of $280,763.28. Following the completion of the sale, the executive vice president owned 39,203 shares in the company, valued at $1,408,955.82. This represents a 16.62% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.03% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in RDN. BlackRock Inc. bought a new stake in Radian Group in the 2nd quarter worth about $728,072,000. Dimensional Fund Advisors LP lifted its position in shares of 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 worth $196,773,000 after buying an additional 230,912 shares in the last quarter. Donald Smith & CO. Inc. bought a new position in shares of Radian Group during the 2nd quarter worth approximately $163,104,000. Caisse de depot et placement du Quebec purchased a new position in shares of Radian Group in the 2nd quarter worth approximately $89,334,000. Finally, Bruni J V & Co. Co. purchased a new position in shares of Radian Group in the 2nd quarter worth approximately $59,355,376. 95.33% of the stock is owned by institutional investors.

Radian Group Company Profile

(Get Free Report)

Radian Group Inc (NYSE: RDN) is a financial services company focused on supporting homeownership and the U.S. residential real estate market. Its principal business is mortgage insurance, which helps protect lenders and investors against losses when borrowers default on certain residential mortgage loans. Through its mortgage insurance operations, Radian serves mortgage lenders, banks, credit unions and other housing-finance participants.

The company also provides services and technology intended to support the mortgage and homeownership lifecycle.

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