Are Things Looking Up For Radian Group, Inc. (NYSE: RDN)?

After Hours

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Stocks Info

The company is listed on the NYSE and operates within the Insurance – Specialty industry segment. The current market capitalization of Radian Group, Inc. is $5.13B. A total of 0.53 million shares were traded on the day, compared to an average of 844.26K shares.

In the most recent transaction, Pandit Sumita bought 3,817 shares of RDN for 34.23 per share on Aug 08 ’24. In a previous transaction on May 24 ’24, Brummer Derek sold 35,000 shares at 31.33 per share. RDN shares that President, Mortgage Insurance owns now total 218,023.

Among the insiders who sold shares, McMahon Brien disposed of 74,740 shares on May 23 ’24 at a per-share price of $31.10. This resulted in the Sr.EVP/Chief Franchise Officer holding 133,606 shares of RDN after the transaction. In another insider transaction, Ray Eric sold 65,305 shares at $31.05 per share on May 23 ’24. Company shares held by the Sr. EVP, Chief Digital Officer now total 53,791.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Radian Group, Inc. pays an annual dividend of $0.94, resulting in a dividend yield of 2.76%, and it has a price to earnings (P/E) ratio of 8.87. RDN’s most recent ex-dividend date was 6/4/2024 when it declared a $0.2450 quarterly dividend that was paid in cash on 6/20/2024. Previously, the company paid the dividend on 3/12/2024 with an ex-dividend date of 2/23/2024. The RDN stock dividend was $0.2450 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, RDN has a high of $37.86 and a low of $24.56.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. RDN’s latest balance sheet shows that the firm has $6.22B in Cash & Short Term Investments as of fiscal 2021. Its Book Value Per Share was $29.66, while its Total Shareholder’s Equity was $4.26B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RDN is Buy with a score of 3.44.

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