Radian Group Stock Today
| RDN Stock | USD 29.33 0.15 0.51% |
Performance1 of 100
| Odds Of DistressLess than 5
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Radian is selling at 29.33 as of the 18th of April 2024; that is -0.51 percent decrease since the beginning of the trading day. The stock's open price was 29.48. Radian has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat weak performance during the last 90 days. Equity ratings for Radian Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
Business Domain Banks | IPO Date 30th of October 1992 | Category Financial Services | Classification Financials |
Radian Group Inc., together with its subsidiaries, engages in the mortgage and real estate services business in the United States. The company was founded in 1977 and is headquartered in Wayne, Pennsylvania. Radian operates under InsuranceSpecialty classification in the United States and is traded on New York Stock Exchange. The company has 151.51 M outstanding shares of which 8.07 M shares are at this time shorted by investors with about 4.12 days to cover. More on Radian Group
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Follow Valuation Options Odds of Bankruptcy
Financial Report 1st of May 2024
Radian Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Radian's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Radian or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Richard Thornberry | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | Radian Group Inc | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Thrifts & Mortgage Finance, Insurance - Specialty, Financial Services, NYSE Composite, Financials, Thrifts & Mortgage Finance, Insurance—Specialty, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Radian report their recommendations after researching Radian's financial statements, talking to executives and customers, or listening in on Radian's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Radian Group. The Radian consensus assessment is calculated by taking the average forecast from all of the analysts covering Radian. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Radian's profitability, liquidity, and operating efficiency, Radian Group may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. Financial strength of Radian Group is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Radian's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Radian's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Radian's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Radian's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Radian's financial leverage. It provides some insight into what part of Radian's total assets is financed by creditors.
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Radian Group (RDN) is traded on New York Stock Exchange in USA. It is located in 550 East Swedesford Road, Wayne, PA, United States, 19087 and employs 1,100 people. Radian is listed under Thrifts & Mortgage Finance category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 4.47 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Radian's market, we take the total number of its shares issued and multiply it by Radian's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Radian Group runs under Thrifts & Mortgage Finance sector within Financials industry. The entity has 151.51 M outstanding shares of which 8.07 M shares are at this time shorted by investors with about 4.12 days to cover.
Radian Group has about 501.34 M in cash with 529.43 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.19.
Check Radian Probability Of Bankruptcy
Ownership AllocationRadian Group has a total of 151.51 Million outstanding shares. The majority of Radian Group outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Radian Group to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Radian. Please pay attention to any change in the institutional holdings of Radian Group as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Radian Ownership Details
Radian Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Radian jumping above the current price in 90 days from now is about 58.77%. The Radian Group probability density function shows the probability of Radian stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.226 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Radian will likely underperform. Additionally, radian Group has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Radian to move above the current price in 90 days from now is about 58.77 (This Radian Group probability density function shows the probability of Radian Stock to fall within a particular range of prices over 90 days) .
Radian Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Radian that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Radian's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Radian's value.| Instituion | Recorded On | Shares | |
| Thrivent Financial For Lutherans | 2023-12-31 | 3.1 M | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 3.1 M | |
| Fuller & Thaler Asset Management Inc | 2023-12-31 | 2.6 M | |
| Northern Trust Corp | 2023-12-31 | 2.6 M | |
| River Road Asset Management, Llc | 2023-12-31 | 2.1 M | |
| American Century Companies Inc | 2023-12-31 | 2.1 M | |
| Ameriprise Financial Inc | 2023-12-31 | 2 M | |
| Bank Of New York Mellon Corp | 2023-12-31 | 2 M | |
| Virginia Retirement Systems Et Al | 2023-09-30 | 2 M | |
| Vanguard Group Inc | 2023-12-31 | 20.4 M | |
| Blackrock Inc | 2023-12-31 | 14.5 M |
Radian Historical Income Statement
Radian Group Income Statement is one of the three primary financial statements used for reporting Radian's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Radian Group revenue and expense. Radian Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Radian's Income Before Tax is very stable compared to the past year. As of the 18th of April 2024, Net Income is likely to grow to about 633.3 M, while Interest Expense is likely to drop about 46.9 M. View More FundamentalsRadian Stock Against Markets
Picking the right benchmark for Radian stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Radian stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Radian is critical whether you are bullish or bearish towards Radian Group at a given time. Please also check how Radian's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Radian without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Radian Corporate Directors
Radian corporate directors refer to members of a Radian board of directors. The board of directors generally takes responsibility for the Radian's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Radian's board members must vote for the resolution. The Radian board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| David Stevens | Director | Profile | |
| Brian Montgomery | Independent Director | Profile | |
| Stephen Hopkins | Independent Director | Profile | |
| Lisa Hess | Independent Director | Profile |
How to buy Radian Stock?
Before investing in Radian, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Radian. To buy Radian stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Radian. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Radian stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Radian Group stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Radian Group stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Radian Group, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Radian Stock please use our How to Invest in Radian guide.
Already Invested in Radian Group?
The danger of trading Radian Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Radian is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Radian. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Radian Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Radian Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Radian's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Radian Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Radian Group Stock: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Radian Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Radian Group information on this page should be used as a complementary analysis to other Radian's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Radian Stock analysis
When running Radian's price analysis, check to measure Radian's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Radian is operating at the current time. Most of Radian's value examination focuses on studying past and present price action to predict the probability of Radian's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Radian's price. Additionally, you may evaluate how the addition of Radian to your portfolios can decrease your overall portfolio volatility.
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Is Radian's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Radian. If investors know Radian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Radian listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.1) | Dividend Share 0.9 | Earnings Share 3.77 | Revenue Per Share 7.845 | Quarterly Revenue Growth 0.036 |
The market value of Radian Group is measured differently than its book value, which is the value of Radian that is recorded on the company's balance sheet. Investors also form their own opinion of Radian's value that differs from its market value or its book value, called intrinsic value, which is Radian's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Radian's market value can be influenced by many factors that don't directly affect Radian's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Radian's value and its price as these two are different measures arrived at by different means. Investors typically determine if Radian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Radian's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.