Radian Group Stock (NYSE:RDN), Trade Ideas

Radian Group

Radian Group Inc provides mortgage insurance and services to the real estate and mortgage finance industries. Radian's mortgage insurance provides coverage to lending institutions throughout the United States. Its services include analytics and consulting for buyers and sellers of, and investors in, mortgage- and real estate-related loans and securities and other asset-backed securities. Insurance premiums account for more than three fourths of the company's revenue. Services revenue and investment income are the other principal sources of revenue. It operates in two segments: Mortgage and homegenius. The Mortgage segment earns the majority of revenue.

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EVER

EverQuote (NASDAQ: EVER) delivered first-quarter 2024 earnings per share of 5 cents in contrast to the Zacks Consensus Estimate of a loss of 7 cents as well as the year-ago quarter&#39;s loss of 8 cents per share.


EverQuote Q1 Earnings Top Estimates, Revenues Fall Y/Y

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<p><strong>EverQuote </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ever#NASDAQ">EVER</a>) delivered first-quarter 2024 earnings per share of 5 cents in contrast to the Zacks Consensus Estimate of a loss of 7 cents as well as the year-ago quarter&#39;s loss of 8 cents per share.<br />
Though the top line of $91 million declined 16.5% year over year, it beat the Zacks Consensus Estimate by 12.8%.<br />
Both the metrics exceeded expectations, likely reflecting the early stages of auto carrier recovery.</p>
<h3>EverQuote, Inc. Price, Consensus and EPS Surprise <a href="https://www.zacks.com/stock/chart/EVER/price-consensus-eps-surprise-chart?icid=chart-EVER-price-consensus-eps-surprise-chart"> </a></h3>
<p>&nbsp;</p>
<div class="chart_embed">
<h3><a href="https://www.zacks.com/stock/chart/EVER/price-consensus-eps-surprise-chart?icid=chart-EVER-price-consensus-eps-surprise-chart"><img alt="EverQuote, Inc. Price, Consensus and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/d1/1715092618.png" style="height:265px; width:578px" title="" /> </a></h3>
<p>EverQuote, Inc. price-consensus-eps-surprise-chart | EverQuote, Inc. Quote</p>
</div>
<h3>Behind the Headlines</h3>
<p>Revenues from the Automotive insurance vertical were $77.5 million, down 13.6% year over year. The Zacks Consensus Estimate was pegged at $67 million. Our estimate was $64.6 million.<br />
Revenues in the Home and Renters insurance vertical totaled $12.7 million, which increased 34.2% year over year. The Zacks Consensus Estimate was pegged at $13.3 million. Our estimate was $15.3 million.<br />
Revenues in the Other insurance vertical totaled $0.1 million, which plunged 16.3% year over year.<br />
Total costs and operating expenses decreased 20% to $89.3 million, mainly due to the cost of&nbsp; revenues and lower sales and marketing, general and administrative and research and development expenses. Our estimate was $77.5 million.<br />
EverQuote&#39;s variable marketing margin decreased 13.4% year over year in the quarter under review to $30.8 million. Our estimate was $27.6 million, while the Zacks Consensus Estimate was pegged at $26.4 million.<br />
Adjusted EBITDA was $7.6 million, up 41.2% year over year. Our estimate was $4.5 million.</p>
<h3>Financial Update</h3>
<p>EverQuote exited the first quarter of 2024 with cash and cash equivalents of $48.6 million, up 28% from 2023-end. Total assets were $135.4 million, up 22.1% from 2022-end. Total stockholders&#39; equity increased 9.2% to $88.3 million.<br />
Cash from operations was $10.4 million in the reported quarter versus an outflow of $1.2 million in the year-ago quarter.</p>
<h3>Q2 Guidance</h3>
<p>EverQuote estimates revenues in the range of $100-$105 million, a variable marketing margin of $31-$33 million and adjusted EBITDA in the range of $7 million-$9 million.</p>
<h3>Zacks Rank</h3>
<p>EVER currently carries a Zacks Rank #2 (Buy).</p>
<h3>Performance of Other Insurers</h3>
<p><strong>MGIC Investment Corporation </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mtg#NYSE">MTG</a>) reported first-quarter 2024 operating net income per share of 65 cents, which beat the Zacks Consensus Estimate by 8.3%. The better-than-expected earnings were driven by higher net investment income and lower underwriting and other expenses. The insurer continues to benefit from favorable credit trends and the resiliency of the housing market.&nbsp; The bottom line improved 20.3% year over year.<br />
MGIC Investment recorded total operating revenues of $303 million, which increased 3.8% year over year on higher net investment income. The top line, however, missed the consensus mark by 0.4%.<br />
Insurance in force declined 0.5% from the prior-year quarter to $290.9 billion. The company missed our estimate of $292.6 billion. The insurer witnessed a 2.5% decrease in primary delinquency to 24,142 loans. New insurance written was $9.1 billion, up 11% year over year, benefiting from favorable credit trends and the resiliency of the housing market.<br />
<strong>Radian Group Inc</strong>. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rdn#NYSE">RDN</a>) reported first-quarter 2024 adjusted operating income of $1.03 per share, which beat the Zacks Consensus Estimate by 24%. The bottom line increased 5.1% year over year. The results reflected improved persistency and a rise in premiums and insurance written, partially offset by higher expenses.<br />
Operating revenues rose 4.8% year over year to $318.9 million, primarily due to higher net premiums earned, services revenues and net investment income.<br />
MI New Insurance Written rose 2.4% year over year to $11.5 billion. Primary mortgage insurance in force was $271 billion as of Mar 31, 2024, up 4% year over year. The expense ratio was 25, which improved 90 bps from the year-ago quarter.<br />
<strong>Everest Group, Ltd</strong>.&#39;s (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/eg#NYSE">EG</a>) first-quarter 2024 operating income of $16.32 per share beat the Zacks Consensus Estimate by 2.1%. The bottom line jumped 44.3% year over year. Everest Group&#39;s total operating revenues of $4.14 billion climbed 26% year over year on higher premiums earned and net investment income. The top line missed the consensus mark by 1.4%.<br />
Pre-tax underwriting income was $409 million, which soared 50% year over year. Pre-tax catastrophe losses net of estimated recoveries and reinstatement premiums were $85 million, narrower than the loss of $110 million in the year-ago quarter. The loss was due to the Francis Scott Key Bridge Collapse in Baltimore. The combined ratio improved 240 basis points year over year to 88.8 in the reported quarter. The figure matched the Zacks Consensus Estimate, while our estimate was 85.5.</p>
<p><a href="https://www.zacks.com/stock/news/2269879/everquote-ever-q1-earnings-top-estimates-revenues-fall-y-y?cid=CS-BENZ-FT-analyst_blog|earnings_article-2269879">To read this article on Zacks.com click here.</a></p>


<p>Radian Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDN#NYSE">RDN</a>) reported quarterly earnings of $1.03 per share which beat the analyst consensus estimate of $0.84 by 22.62 percent. This is a 5.1 percent increase over earnings of $0.98 per share from the same period last year.  The company reported quarterly sales of $235.857 million which missed the analyst consensus estimate of $236.627 million by 0.33 percent.  This is a 1.12 percent increase over sales of $233.238 million the same period last year.</p>


Earnings Misses

Radian Group Q1 2024 Adj EPS $1.03 Beats $0.84 Estimate, Sales $235.857M Miss $236.627M Estimate

<p>Keefe, Bruyette &amp; Woods  analyst Bose George   downgrades Radian Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDN#NYSE">RDN</a>) from Outperform to Market Perform and lowers the price target from $36 to $35.</p>


Downgrades

Price Target

Analyst Ratings

Keefe, Bruyette & Woods Downgrades Radian Group to Market Perform, Lowers Price Target to $35

<p>Today, March 12, 2024, <b>Radian Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDN#NYSE">RDN</a>)</b> will distribute a dividend payout of $0.24 per share, highlighting an annualized dividend yield of 3.51%. Shareholders who owned the stock before the ex-dividend date on February 23, 2024 will be eligible for this payout.</p>
<h3>Radian Group Recent Dividend Payouts</h3>
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<thead>
<tr>
<th><strong>Ex-Date</strong></th>
<th style="text-align: right;"><strong>Payments per year</strong></th>
<th><strong>Dividend</strong></th>
<th><strong>Yield</strong></th>
<th><strong>Announced</strong></th>
<th><strong>Record</strong></th>
<th><strong>Payable</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>2024-02-23</td>
<td style="text-align: right;">4</td>
<td>$0.24</td>
<td>3.51%</td>
<td>2024-02-14</td>
<td>2024-02-26</td>
<td>2024-03-12</td>
</tr>
<tr>
<td>2023-11-24</td>
<td style="text-align: right;">4</td>
<td>$0.23</td>
<td>3.37%</td>
<td>2023-11-15</td>
<td>2023-11-27</td>
<td>2023-12-12</td>
</tr>
<tr>
<td>2023-08-18</td>
<td style="text-align: right;">4</td>
<td>$0.23</td>
<td>3.21%</td>
<td>2023-08-09</td>
<td>2023-08-21</td>
<td>2023-09-06</td>
</tr>
<tr>
<td>2023-05-26</td>
<td style="text-align: right;">4</td>
<td>$0.23</td>
<td>3.6%</td>
<td>2023-05-17</td>
<td>2023-05-30</td>
<td>2023-06-14</td>
</tr>
<tr>
<td>2023-02-24</td>
<td style="text-align: right;">4</td>
<td>$0.23</td>
<td>4.07%</td>
<td>2023-02-15</td>
<td>2023-02-27</td>
<td>2023-03-15</td>
</tr>
<tr>
<td>2022-11-18</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>3.89%</td>
<td>2022-11-09</td>
<td>2022-11-21</td>
<td>2022-12-02</td>
</tr>
<tr>
<td>2022-08-19</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>3.6%</td>
<td>2022-08-10</td>
<td>2022-08-22</td>
<td>2022-09-01</td>
</tr>
<tr>
<td>2022-05-20</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>3.75%</td>
<td>2022-05-11</td>
<td>2022-05-23</td>
<td>2022-06-03</td>
</tr>
<tr>
<td>2022-02-17</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>3.32%</td>
<td>2022-02-09</td>
<td>2022-02-21</td>
<td>2022-03-03</td>
</tr>
<tr>
<td>2021-11-19</td>
<td style="text-align: right;">4</td>
<td>$0.14</td>
<td>2.51%</td>
<td>2021-11-10</td>
<td>2021-11-22</td>
<td>2021-12-03</td>
</tr>
<tr>
<td>2021-08-20</td>
<td style="text-align: right;">4</td>
<td>$0.14</td>
<td>2.42%</td>
<td>2021-08-11</td>
<td>2021-08-23</td>
<td>2021-09-02</td>
</tr>
<tr>
<td>2021-05-21</td>
<td style="text-align: right;">4</td>
<td>$0.14</td>
<td>2.27%</td>
<td>2021-05-04</td>
<td>2021-05-24</td>
<td>2021-06-04</td>
</tr>
</tbody>
</table>
<p>Radian Group's dividend yield falls in the middle range when compared to its industry peers, with <b>Greystone Housing Impact (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GHI#NYSE">GHI</a>)</b> having the highest annualized dividend yield at 8.82%.</p>
<h3>Analyzing Radian Group Financial Health</h3>
<p>Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. </p>
<h3>YoY Growth in Dividend Per Share</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1710255920_0.png" alt="dividend chart graph" /></p>
<p>Investors witnessed an upward trajectory in the company's dividend per share between 2020 and 2023. The dividend per share rose from $0.50 to $0.90, indicating the company's dedication to enhancing shareholder value through increased dividends.</p>
<h3>YoY Earnings Growth For Radian Group</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1710255920_1.png" alt="earning chart graph" /></p>
<p>The earnings chart illustrates an increase in Radian Group's earnings per share, from $1.89 in 2020 to $3.98 in 2023. This positive earnings growth provides income-seeking investors with optimism, as it suggests potential for higher cash dividend payouts in the future.</p>
<h3>Recap</h3>
<p>This article takes an in-depth look at Radian Group's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.24 per share today, translating to an annualized dividend yield of 3.51%.</p>
<p>Radian Group's dividend yield falls in the middle range when compared to its industry peers, with Greystone Housing Impact having the highest annualized dividend yield at 8.82%.</p>
<p>The upward trend in dividend per share and earnings per share for Radian Group from 2020 to 2023 reflects a strong financial position, supporting the company's ability to consistently distribute profits to their investors.</p>
<p>It is advisable for investors to monitor the company's performance in the coming quarters to stay in the loop about any adjustments in financials or dividend disbursements.</p>
<p>\To read more news on Radian Group <a href="https://www.benzinga.com/stock//">click here</a></p>
<p><a href="https://www.benzinga.com/calendars/dividends">Click here</a> to visit our Dividends Calendar.  </p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Dividends

Thriving with Robust Performance: Radian Group Delivers Growing Profits to Investors

<p>The Notes will pay interest semi-annually on May 15 and November 15, beginning on November 15, 2024, at a rate of 6.200% per year, and will mature on May 15, 2029.</p>
<p>The Company intends to use the net proceeds from the Offering to redeem the Company&#39;s 6.625% senior notes due March 2025. The Company expects to use the balance of the net proceeds, together with cash on hand, for general corporate purposes, which may include funding a portion of the redemption, repurchase or repayment of all or a portion of the Company&#39;s 4.500% senior notes due October 2024. This press release does not constitute a notice of redemption with respect to, or an offer to purchase, any securities.</p>


Radian Prices $625M Senior Unsecured Notes Due 2029

<p>Thursday marks the last chance for investors to receive the next  dividend payout from <strong>Radian Group</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDN#NYSE">RDN</a>). </p>
<h3>What's Happening</h3>
<p>The company announced on Wednesday that it would pay shareholders a quarterly dividend of 24.5 cents per share. On Friday, Radian Group will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 24.5 cents lower than it would have opened on any other day.</p>
<p>In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Friday. Shareholders who own RDN as of the end of Thursday's session are eligible to receive the 24.5 cents dividend payout for every share that they own. </p>
<p>According to the company, this dividend will be paid out to shareholders on March 12, 2024. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. </p>
<p><a href="https://www.benzinga.com/quote/RDN">Monitor live stock price updates for Radian Group on Benzinga.</a></p>


Radian Group's Ex-Dividend Date Is Friday, Here's What You Need To Know

Radian Increases Quarterly Dividend By 9% From $0.225 To $0.245/Share

<p><strong>Radian Group</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDN#NYSE">RDN</a>) reported its Q4 earnings results on Wednesday, February 7, 2024 at 04:30 PM.</p>
<p>Here's what investors need to know about the announcement.</p>
<h3>Earnings</h3>
<p>Radian Group beat estimated earnings by 11.63%, reporting an EPS of $0.96 versus an estimate of $0.86.</p>
<p>Revenue was down $178 thousand from the same period last year.</p>
<h3>Past Earnings Performance</h3>
<p>Last quarter the company beat on EPS by $0.24 which was followed by a 3.8% increase in the share price the next day.</p>
<p>Here's a look at Radian Group's past performance:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2023</strong></th>
<th><strong>Q2 2023</strong></th>
<th><strong>Q1 2023</strong></th>
<th><strong>Q4 2022</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>0.80</td>
<td>0.78</td>
<td>0.74</td>
<td>0.75</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>1.04</td>
<td>0.91</td>
<td>0.98</td>
<td>1.05</td>
</tr>
<tr>
<td><strong>Revenue Estimate</strong></td>
<td>235.48M</td>
<td>253.88M</td>
<td>243.95M</td>
<td>243.02M</td>
</tr>
<tr>
<td><strong>Revenue Actual</strong></td>
<td>240.26M</td>
<td>213.43M</td>
<td>233.24M</td>
<td>232.83M</td>
</tr>
</tbody>
</table>
</p>
<p>To track all earnings releases for Radian Group <a href="https://www.benzinga.com/quote/RDN/earnings">visit their earnings calendar here.</a> </p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Radian Group: Q4 Earnings Insights

<p>Radian Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDN#NYSE">RDN</a>) reported quarterly earnings of $0.96 per share which beat the analyst consensus estimate of $0.87 by 10.34 percent.  The company reported quarterly sales of $232.65 million which missed the analyst consensus estimate of $254.58 million by 8.61 percent.  This is a 0.08 percent decrease over sales of $232.83 million the same period last year.</p>


Radian Group Q4 2023 Adj EPS $0.96 Beats $0.87 Estimate, Sales $232.65M Miss $254.58M Estimate

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Earnings Scheduled For February 7, 2024

<p><strong>Radian Group</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDN#NYSE">RDN</a>) is set to give its latest quarterly earnings report on Wednesday, 2024-02-07. Here's what investors need to know before the announcement.</p>
<p>Analysts estimate that Radian Group will report an <strong>earnings per share</strong> (EPS) of $0.86. </p>
<p>Radian Group bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.</p>
<p>New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).</p>
<h3>Historical Earnings Performance</h3>
<p>Last quarter the company beat EPS by $0.24, which was followed by a 3.8% increase in the share price the next day.</p>
<p>Here's a look at Radian Group's past performance and the resulting price change:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2023</strong></th>
<th><strong>Q2 2023</strong></th>
<th><strong>Q1 2023</strong></th>
<th><strong>Q4 2022</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>0.80</td>
<td>0.78</td>
<td>0.74</td>
<td>0.75</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>1.04</td>
<td>0.91</td>
<td>0.98</td>
<td>1.05</td>
</tr>
<tr>
<td><strong>Price Change %</strong></td>
<td>3.8%</td>
<td>1.74%</td>
<td>1.22%</td>
<td>0.09%</td>
</tr>
</tbody>
</table>
</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1707242505_0.png" alt="eps graph" /></p>
<h3>Stock Performance</h3>
<p>Shares of Radian Group were trading at $28.36 as of February 05. Over the last 52-week period, shares are up 29.66%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. </p>
<p><a href="https://www.benzinga.com/quote/RDN/earnings"><strong>To track all earnings releases for Radian Group visit their earnings calendar on our site.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Earnings Preview: Radian Group

<p>Radian Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDN#NYSE">RDN</a>), announced today that it has made a strategic investment in&nbsp;<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Ffinlocker.com%2F&amp;esheet=53880510&amp;newsitemid=20240111043289&amp;lan=en-US&amp;anchor=FinLocker&amp;index=1&amp;md5=ee2ce96228a5fdf8f0921ab081c6ae7b">FinLocker</a>, a personal financial fitness and homeownership tool. By leveraging advanced technology, FinLocker aggregates and analyzes a consumer&#39;s financial data, offering personalized paths to mortgage eligibility and other financial transactions. Terms of the investment were not disclosed.</p>
<p>The investment aligns with Radian&#39;s commitment to ensuring the American dream of homeownership responsibly and sustainably through products and services that span the mortgage and real estate spectrum, while also deepening relationships with its customers by introducing them to unique and relevant solutions to help build their businesses. FinLocker and Radian&#39;s homegenius business share a strategic focus on creating a personalized and data-driven experience for home buyers and sellers, and all the professionals who guide them to success in their homeownership journey.</p>


Radian Announces Strategic Investment in FinLocker to Focus on Delivering a Personalized Data-Driven Journey to Empower Homeownership, Financial Terms Undisclosed

<p>Keefe, Bruyette &amp; Woods  analyst Bose George   upgrades Radian Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDN#NYSE">RDN</a>) from Market Perform to Outperform and announces $29 price target.</p>


Upgrades

Keefe, Bruyette & Woods Upgrades Radian Group to Outperform, Announces $29 Price Target

<p>Investors eagerly anticipate the dividend payout from <b>Radian Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDN#NYSE">RDN</a>)</b> on December 12, 2023. With a payout of $0.23 per share and an annualized dividend yield of 3.37%, this reward is exclusively for shareholders who held the stock before the ex-dividend date on November 24, 2023</p>
<h3>Radian Group Recent Dividend Payouts</h3>
<style>
        table {
            width: 100%;
            border-collapse: collapse;
            font-family: Arial, sans-serif;
            font-size: 14px;
        }

        th, td {
            padding: 8px;
            text-align: left;
        }

        th {
            background-color: #293a5a;
            color: #fff;
            text-align: left;
        }

        tr:nth-child(even) {
            background-color: #f2f4f8;
        }

        tr:hover {
            background-color: #e1e4ea;
        }

        td:nth-child(3), td:nth-child(5) {
            text-align: left;
        }

        .dividend-amount {
            font-weight: bold;
            color: #0d6efd;
        }

        .dividend-frequency {
            font-size: 12px;
            color: #6c757d;
        }
    </style><table>
<thead>
<tr>
<th><strong>Ex-Date</strong></th>
<th style="text-align: right;"><strong>Payments per year</strong></th>
<th><strong>Dividend</strong></th>
<th><strong>Yield</strong></th>
<th><strong>Announced</strong></th>
<th><strong>Record</strong></th>
<th><strong>Payable</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>2023-11-24</td>
<td style="text-align: right;">4</td>
<td>$0.23</td>
<td>3.37%</td>
<td>2023-11-15</td>
<td>2023-11-27</td>
<td>2023-12-12</td>
</tr>
<tr>
<td>2023-08-18</td>
<td style="text-align: right;">4</td>
<td>$0.23</td>
<td>3.21%</td>
<td>2023-08-09</td>
<td>2023-08-21</td>
<td>2023-09-06</td>
</tr>
<tr>
<td>2023-05-26</td>
<td style="text-align: right;">4</td>
<td>$0.23</td>
<td>3.6%</td>
<td>2023-05-17</td>
<td>2023-05-30</td>
<td>2023-06-14</td>
</tr>
<tr>
<td>2023-02-24</td>
<td style="text-align: right;">4</td>
<td>$0.23</td>
<td>4.07%</td>
<td>2023-02-15</td>
<td>2023-02-27</td>
<td>2023-03-15</td>
</tr>
<tr>
<td>2022-11-18</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>3.89%</td>
<td>2022-11-09</td>
<td>2022-11-21</td>
<td>2022-12-02</td>
</tr>
<tr>
<td>2022-08-19</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>3.6%</td>
<td>2022-08-10</td>
<td>2022-08-22</td>
<td>2022-09-01</td>
</tr>
<tr>
<td>2022-05-20</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>3.75%</td>
<td>2022-05-11</td>
<td>2022-05-23</td>
<td>2022-06-03</td>
</tr>
<tr>
<td>2022-02-17</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>3.32%</td>
<td>2022-02-09</td>
<td>2022-02-21</td>
<td>2022-03-03</td>
</tr>
<tr>
<td>2021-11-19</td>
<td style="text-align: right;">4</td>
<td>$0.14</td>
<td>2.51%</td>
<td>2021-11-10</td>
<td>2021-11-22</td>
<td>2021-12-03</td>
</tr>
<tr>
<td>2021-08-20</td>
<td style="text-align: right;">4</td>
<td>$0.14</td>
<td>2.42%</td>
<td>2021-08-11</td>
<td>2021-08-23</td>
<td>2021-09-02</td>
</tr>
<tr>
<td>2021-05-21</td>
<td style="text-align: right;">4</td>
<td>$0.14</td>
<td>2.27%</td>
<td>2021-05-04</td>
<td>2021-05-24</td>
<td>2021-06-04</td>
</tr>
<tr>
<td>2021-02-19</td>
<td style="text-align: right;">4</td>
<td>$0.12</td>
<td>2.41%</td>
<td>2021-02-10</td>
<td>2021-02-22</td>
<td>2021-03-04</td>
</tr>
</tbody>
</table>
<p>With a dividend yield that places it neither at the top nor the bottom, Radian Group finds itself in the middle among its industry peers, while <b>Greystone Housing Impact (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GHI#NYSE">GHI</a>)</b> boasts the highest annualized dividend yield at 8.97%.</p>
<h3>Analyzing Radian Group Financial Health</h3>
<p>Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. </p>
<h3>YoY Growth in Dividend Per Share</h3>
<p><img src="https://www.benzinga.com/files/images/story/2023/1702393511_0.png" alt="dividend chart graph" /></p>
<p>Investors witnessed an upward trajectory in the company's dividend per share between 2019 and 2022. The dividend per share rose from $0.01 to $0.80, indicating the company's dedication to enhancing shareholder value through increased dividends.</p>
<h3>YoY Earnings Growth For Radian Group</h3>
<p><img src="https://www.benzinga.com/files/images/story/2023/1702393511_1.png" alt="earning chart graph" /></p>
<p>From 2019 to 2022, Radian Group has demonstrated an upward trend in earnings, with earnings per share rising from $3.04 to $4.91. This positive earnings growth bodes well for investors looking to generate income through cash dividend payouts.</p>
<h3>Recap</h3>
<p>This article takes an in-depth look at Radian Group's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.23 per share today, translating to an annualized dividend yield of 3.37%.</p>
<p>With a dividend yield that places it neither at the top nor the bottom, Radian Group finds itself in the middle among its industry peers, while Greystone Housing Impact boasts the highest annualized dividend yield at 8.97%.</p>
<p>Given that Radian Group has experienced an increase in dividend per share from 2019 to 2022 along with an increase in earnings per share, it could signal that the company is in good financial standing and that they could be positioned to continue distributing their profits back to their investors.</p>
<p>Investors should closely follow the company's performance in the coming quarters to stay up-to-date on any shifts in financials or dividend disbursements.</p>
<p>\To read more news on Radian Group <a href="https://www.benzinga.com/stock//">click here</a></p>
<p><a href="https://www.benzinga.com/calendars/dividends">Click here</a> to visit our Dividends Calendar.  </p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Exceeding Expectations: Radian Group Achieves Strong Performance and Rewards Investors

<p>UBS  analyst Douglas Harter   initiates coverage on Radian Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDN#NYSE">RDN</a>) with a Neutral rating and announces Price Target of $28.</p>


Initiation

UBS Initiates Coverage On Radian Group with Neutral Rating, Announces Price Target of $28

<p>Thursday marks the last chance for investors to receive the next  dividend payout from <strong>Radian Group</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDN#NYSE">RDN</a>). </p>
<h3>What's Happening</h3>
<p>The company announced on Wednesday that it would pay shareholders a quarterly dividend of 22.5 cents per share. On Friday, Radian Group will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 22.5 cents lower than it would have opened on any other day.</p>
<p>In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Friday. Shareholders who own RDN as of the end of Thursday's session are eligible to receive the 22.5 cents dividend payout for every share that they own. </p>
<p>According to the company, this dividend will be paid out to shareholders on December 12, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. </p>
<p><a href="https://www.benzinga.com/quote/RDN">See current stock movements Radian Group on Benzinga.</a></p>


Thursday Is Your Last Chance To Buy Radian Group Before The Dividend Payout

Radian Q3 2023 Total Revenues $314M Beats $235.6M Estimate

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RGLD

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ROKU

ROOT

RRGB

RVLV

SBGI

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SDGR

SEDG

SEMR

SGEN

SGMO

SIGI

SIMO

SITE

SITM

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VRSK

VSEC

VSTO

VTOL

WEAV

WERN

WING

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Earnings Scheduled For November 1, 2023

<p>Thursday marks the last chance for investors to receive the next  dividend payout from <strong>Radian Group</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDN#NYSE">RDN</a>). </p>
<h3>What's Happening</h3>
<p>The company announced on Wednesday that it would pay shareholders a quarterly dividend of 22.5 cents per share. On Friday, Radian Group will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 22.5 cents lower than it would have opened on any other day.</p>
<p>In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Friday. Shareholders who own RDN as of the end of Thursday's session are eligible to receive the 22.5 cents dividend payout for every share that they own. </p>
<p>According to the company, this dividend will be paid out to shareholders on September 06, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. </p>
<p><a href="https://www.benzinga.com/quote/RDN">Monitor live stock price updates for Radian Group on Benzinga.</a></p>


<p>Radian Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDN#NYSE">RDN</a>) has observed the following analyst ratings within the last quarter: </p>
<table>
<thead>
<tr>
<th></th>
<th align="right"><strong>Bullish</strong></th>
<th align="right"><strong>Somewhat Bullish</strong></th>
<th align="right"><strong>Indifferent</strong></th>
<th align="right"><strong>Somewhat Bearish</strong></th>
<th align="right"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
<p>These 3 analysts have an average price target of $27.5 versus the current price of Radian Group at $27.785, implying  downside.</p>
<p>Below is a summary of how these 3 analysts rated Radian Group over the past 3 months. The greater the number of bullish ratings, the more positive analysts are on the stock and the greater the number of bearish ratings, the more negative analysts are on the stock</p>
<p><img src="https://www.benzinga.com/files/images/story/2023/1691179229_0.png" alt="price target chart" /></p>
<p>This current average has increased by 5.77% from the previous average price target of $26.00. </p>
<p><a href="https://www.benzinga.com/quote/RDN/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Radian Group analyst ratings.</strong></a></p>
<h1>What Are Analyst Ratings?</h1>
<p>Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.</p>
<p>Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.</p>
<p>Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Analyst Expectations for Radian Group's Future

Radian announces redemption price for 6.625% senior notes due 2025

The 75 rating InvestorsObserver gives to Radian Group Inc (RDN)  stock puts it near the top of the Insurance - Specialty industry. In addition to scoring higher than 84 percent of stocks in the Insurance - Specialty industry, RDN's 75 overall rating means the stock scores better than 75 percent of all stocks. RDN has an Ov

Should You Hold Radian Group Inc (RDN) in Insurance - Specialty Industry?

Radian Group, MGIC Investment downgraded at KBW mainly on valuation

Radian Group Inc. (RDN) has issued an update. Radian Group Inc. has promoted Mary Dickerson to Senior Executive Vice President, Chief People and Op...

Radian Group Elevates Mary Dickerson to Senior EVP Role

Radian Group Non-GAAP EPS of $1.03 beats by $0.18, revenue of $319M beats by $4.64M

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p><strong>Radian Group</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/rdn-stock-quote/"><strong>RDN</strong></a></span>) just reported results for the first quarter of 2024.</p><ul><li>Radian Group reported earnings per share of $1.03. This was above the analyst estimate for EPS of 84 cents.</li><li>The company reported revenue of $235.86 million.</li><li>This was 0.33% worse than the analyst estimate for revenue of $236.63 million.</li></ul><div><p>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</p></div><h3>More From InvestorPlace</h3>
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	<p>The post <a href="https://investorplace.com/earning-results/2024/05/rdn-stock-earnings-radian-group-for-q1-of-2024/">RDN Stock Earnings: Radian Group Beats EPS, Misses Revenue for Q1 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

RDN Stock Earnings: Radian Group Beats EPS, Misses Revenue for Q1 2024

In a report released yesterday, Bose George from KBW maintained a Hold rating on Radian Group (RDN – Research Report), with a price target of $35.0...

Radian Group (RDN) Gets a Hold from KBW

Radian Group Inc. (RDN) Q1 2024 Earnings Call Transcript

RBC Capital analyst Scott Heleniak maintained a Hold rating on Radian Group (RDN – Research Report) yesterday and set a price target of $32.00. The...

RBC Capital Remains a Hold on Radian Group (RDN)

Compass Point analyst Giuliano Bologna reiterated a Buy rating on Radian Group (RDN – Research Report) today and set a price target of $34.00. The ...

Compass Point Sticks to Its Buy Rating for Radian Group (RDN)

Press Releases

Radian Announces Fourth Quarter and Full Year 2023 Financial Results

Radian Announces Increase to Quarterly Dividend

Radian Prices Senior Notes Offering

SOLD.com Integrates Innovative Title Insurance and Closing Platform titlegenius by Radian

Radian Announces Redemption Price for 6.625% Senior Notes due 2025

ICE Launches Mortgage Insurance Center for Encompass Digital Lending Platform with Integrations to All Major MI Providers