Shares of Radian Group Inc (NYSE:RDN) have earned an average rating of “Buy” from the seven research firms that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $23.83.

Several analysts have recently issued reports on the stock. B. Riley restated a “buy” rating and set a $20.00 target price on shares of Radian Group in a research report on Thursday, June 18th. BTIG Research reissued a “buy” rating and issued a $28.00 price objective on shares of Radian Group in a research report on Thursday, May 7th. Keefe, Bruyette & Woods lowered shares of Radian Group from an “outperform” rating to a “market perform” rating and reduced their price objective for the stock from $23.00 to $21.00 in a research report on Tuesday, June 9th. ValuEngine lowered shares of Radian Group from a “sell” rating to a “strong sell” rating in a research report on Thursday, April 2nd. Finally, Compass Point reduced their target price on shares of Radian Group from $24.00 to $22.00 and set a “buy” rating on the stock in a research report on Tuesday, May 26th.

In other Radian Group news, Director Lisa Mumford acquired 2,600 shares of the company’s stock in a transaction dated Friday, May 29th. The shares were purchased at an average cost of $15.88 per share, for a total transaction of $41,288.00. Following the completion of the purchase, the director now owns 2,695 shares in the company, valued at $42,796.60. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 1.24% of the stock is currently owned by company insiders.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Solstein Capital LLC acquired a new stake in shares of Radian Group during the fourth quarter worth $31,000. Chevy Chase Trust Holdings Inc. acquired a new stake in shares of Radian Group during the fourth quarter worth $38,000. Penserra Capital Management LLC lifted its stake in shares of Radian Group by 57.5% during the fourth quarter. Penserra Capital Management LLC now owns 2,976 shares of the insurance provider’s stock worth $74,000 after buying an additional 1,086 shares during the period. Sciencast Management LP acquired a new stake in shares of Radian Group during the first quarter worth $102,000. Finally, Ladenburg Thalmann Financial Services Inc. raised its holdings in shares of Radian Group by 12.9% during the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 4,194 shares of the insurance provider’s stock worth $106,000 after purchasing an additional 478 shares during the last quarter. Institutional investors own 94.71% of the company’s stock.

Shares of RDN traded up $0.22 during midday trading on Tuesday, hitting $15.51. 2,819,223 shares of the company traded hands, compared to its average volume of 2,201,935. The firm has a 50 day moving average of $15.76 and a 200-day moving average of $19.20. Radian Group has a 52 week low of $9.53 and a 52 week high of $26.32. The stock has a market cap of $2.78 billion, a price-to-earnings ratio of 5.00, a PEG ratio of 1.48 and a beta of 1.67. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.43 and a current ratio of 1.43.

Radian Group (NYSE:RDN) last announced its earnings results on Wednesday, May 6th. The insurance provider reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.06. The firm had revenue of $329.08 million for the quarter, compared to analysts’ expectations of $366.38 million. Radian Group had a net margin of 43.01% and a return on equity of 17.32%. The business’s revenue was down 9.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.73 EPS. Sell-side analysts predict that Radian Group will post 1.98 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Tuesday, May 26th were paid a dividend of $0.125 per share. The ex-dividend date was Friday, May 22nd. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.22%. Radian Group’s dividend payout ratio is presently 15.58%.

Radian Group Company Profile

Radian Group Inc, through its subsidiaries, engages in the mortgage and real estate services business in the United States. It operates in two segments, Mortgage Insurance and Services. The Mortgage Insurance segment offers credit-related insurance coverage, primarily through private mortgage insurance on residential first-lien mortgage loans, as well as other credit risk management solutions to mortgage lending institutions and mortgage credit investors.

Further Reading: Limitations of the P/E Growth ratio

Analyst Recommendations for Radian Group (NYSE:RDN)

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