Radian Group Inc. (RDN)

Market Cap	5.00B
Revenue (ttm)	1.30B
Net Income (ttm)	598.84M
Shares Out	148.93M
EPS (ttm)	3.86
PE Ratio	8.71
Forward PE	8.99
Dividend	$0.98 (2.92%)
Ex-Dividend Date	Aug 26, 2024

Volume	461,968
Open	33.80
Previous Close	33.86
Day's Range	33.45 - 34.00
52-Week Range	24.92 - 37.86
Beta	1.04
Analysts	Buy
Price Target	36.10 (+7.47%)
Earnings Date	Nov 6, 2024

About RDN

Radian Group Inc., together with its subsidiaries, engages in the mortgage and real estate services business in the United States. It operates through two segments, Mortgage Insurance and Homegenius segments. The Mortgage Insurance segment aggregates, manages, and distributes U.S. mortgage credit risk for mortgage lending institutions and mortgage credit investors, through private mortgage insurance on residential first-lien mortgage loans; and other credit risk management solutions, including contract underwriting. The Homegenius segment offer...

• Industry: Insurance - Specialty
• Sector: Financials
• IPO Date: Oct 30, 1992
• Employees: 1,100
• Stock Exchange: NYSE
• Ticker Symbol: RDN
• Website: https://www.radian.com

Financial Performance

In 2023, Radian Group's revenue was $1.24 billion, an increase of 4.19% compared to the previous year's $1.19 billion. Earnings were $603.12 million, a decrease of -18.82%.

Analyst Forecast

According to 5 analysts, the average rating for RDN stock is "Buy." The 12-month stock price forecast is $36.1, which is an increase of 7.47% from the latest price.

Price Target

$36.1

(7.47% upside)

Analyst Consensus: Buy