After Plunging -3.63% During Past Week, Is Radian Group, Inc. (NYSE: RDN) Still A Buy?


Radian Group, Inc. (NYSE:RDN)’s traded shares stood at 1.29 million during the last session, with the company’s beta value hitting 1.03. At the close of trading, the stock’s price was $30.29, to imply a decrease of -1.34% or -$0.41 in intraday trading. The RDN share’s 52-week high remains $33.69, putting it -11.22% down since that peak but still an impressive 19.64% since price per share fell to its 52-week low of $24.34. The company has a valuation of $4.56B, with an average of 1.21 million shares over the past 3 months.

Radian Group, Inc. (NYSE:RDN) trade information

After registering a -1.34% downside in the last session, Radian Group, Inc. (RDN) has traded red over the past five days. The stock hit a weekly high of 31.80, dropping -1.34% in its intraday price action. The 5-day price performance for the stock is -3.63%, and -0.07% over 30 days. With these gigs, the year-to-date price performance is 6.09%.

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Radian Group, Inc. (RDN) estimates and forecasts

Looking at statistics comparing Radian Group, Inc. share performance against respective industry, we note that the company has underperformed competitors. Radian Group, Inc. (RDN) shares are 19.30% up over the last 6 months, with its year-to-date growth rate lower than industry average at -9.28% against 10.00%. The rating firms project that company’s revenue will grow 4.00% compared to the previous financial year.

Revenue forecast for the current quarter as set by 3 analysts is 237.93M. Meanwhile, for the current quarter, a total of 3 analyst(s) estimate revenue growth to 238.97M.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 6.32% for the past 5-year period. While 2024 is set for a -6.48% return in earnings, projections for the next 5 years are at 2.06% annually.

RDN Dividends

Radian Group, Inc. has its next earnings report out in June. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Radian Group, Inc. has a forward dividend ratio of 0.69, with the share yield ticking at 2.29% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.