Radian Group (NYSE:RDN) EVP Stephen Keleher Sells 8,000 Shares of Stock

Radian Group Inc. (NYSE:RDN) EVP Stephen Keleher sold 8,000 shares of the stock in a transaction dated Thursday, November 5th. The stock was sold at an average price of $38.58, for a total transaction 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. The trade was a 22.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Radian Group Trading Down 3.5%

NYSE:RDN opened at $35.95 on Friday. The company has a market cap of $4.76 billion, a PE ratio of 8.81, a price-to-earnings-growth ratio of 0.90 and a beta of 0.69. 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 company has a 50 day simple moving average of $34.80 and a two-hundred day simple moving average of $35.27. Radian Group Inc. has a 12 month low of $30.53 and a 12 month high of $41.05.

Radian Group (NYSE:RDN) last posted its quarterly earnings results on Wednesday, November 4th. The insurance provider reported $1.44 earnings per share for the quarter, topping analysts’ consensus estimates of $1.20 by $0.24. The business had revenue of $624.11 million during the quarter, compared to analyst estimates of $595.99 million. Radian Group had a net margin of 32.60% and a return on equity of 13.65%. During the same period in the prior year, the business posted $1.15 earnings per share. Research analysts forecast that Radian Group Inc. will post 4.85 earnings per share for the current year.

Radian Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Monday, August 24th were given a dividend of $0.2550 per share. The ex-dividend date of this dividend was Monday, August 24th. This represents a $1.02 dividend on an annualized basis and a dividend yield of 2.8%. Radian Group’s dividend payout ratio (DPR) is 25.00%.

Key Radian Group News

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.

Hedge Funds Weigh In On Radian Group

Several institutional investors have recently added to or reduced their stakes in RDN. Russell Investments Group Ltd. grew its stake in Radian Group by 5.8% in the 3rd quarter. Russell Investments Group Ltd. now owns 182,724 shares of the insurance provider’s stock valued at $5,593,000 after acquiring an additional 9,939 shares during the last quarter. Maryland State Retirement & Pension System lifted its position in shares of Radian Group by 51.3% during the third quarter. Maryland State Retirement & Pension System now owns 29,390 shares of the insurance provider’s stock worth $900,000 after purchasing an additional 9,969 shares during the last quarter. Fulcrum Asset Management LLP lifted its position in shares of Radian Group by 1,044.9% in the 3rd quarter. Fulcrum Asset Management LLP now owns 2,038 shares of the insurance provider’s stock worth $67,000 after buying an additional 1,860 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its stake in Radian Group by 4.2% in the third quarter. Allspring Global Investments Holdings LLC now owns 9,195 shares of the insurance provider’s stock valued at $287,000 after buying an additional 369 shares during the last quarter. Finally, CenterBook Partners LP raised its stake in shares of Radian Group by 91.1% during the third quarter. CenterBook Partners LP now owns 95,015 shares of the insurance provider’s stock valued at $2,908,000 after purchasing an additional 45,289 shares in the last quarter. Institutional investors and hedge funds own 95.33% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Zacks Research raised shares of Radian Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 13th. Wall Street Zen lowered Radian Group from a “buy” rating to a “hold” rating in a research note on Saturday, October 10th. Weiss Ratings lowered Radian Group from a “buy (b+)” rating to a “buy (b)” rating in a research note on Tuesday, October 13th. Keefe, Bruyette & Woods decreased their target price on Radian Group from $46.00 to $44.00 and set an “outperform” rating on the stock in a research report on Tuesday, August 11th. Finally, Barclays boosted their target price on Radian Group from $36.00 to $37.00 and gave the stock an “equal weight” rating in a report on Friday. Six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $43.29.

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.