UBS Maintains Neutral on Radian Group, Raises Price Target to $31.5
$RDN
Property-Casualty Insurers
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UBS analyst Douglas Harter maintains Radian Group (NYSE:RDN) with a Neutral and raises the price target from $30 to $31.5.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/3/2024 | $35.00 → $36.00 | Mkt Perform → Outperform | Keefe Bruyette |
| 4/4/2024 | $36.00 → $35.00 | Outperform → Mkt Perform | Keefe Bruyette |
| 12/13/2023 | $29.00 | Mkt Perform → Outperform | Keefe Bruyette |
| 12/6/2023 | $28.00 | Neutral | UBS |
| 11/15/2023 | $28.00 | Equal Weight | Barclays |
| 6/13/2023 | $27.50 | Outperform → Mkt Perform | Keefe Bruyette |
| 5/9/2023 | Buy → Underperform | BofA Securities | |
| 4/11/2023 | $29.00 | Neutral → Buy | Compass Point |
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Guggenheim analyst Howard Ma upgraded the rating for MongoDB, Inc. (NASDAQ:MDB) from Sell to Neutral. MongoDB shares fell 23.9% to close at $236.06 on Friday. See how other analysts view this stock. Keefe, Bruyette & Woods analyst Bose George upgraded Radian Group Inc. (NYSE:RDN) from Market Perform to Outperform, while raising the price target from $35 to $36. Independent Bank shares rose 0.9% to settle at $31.24 on Friday. See how other analysts view this stock. RBC Capital analyst Nik Modi up
Keefe, Bruyette & Woods analyst Bose George upgrades Radian Group (NYSE:RDN) from Market Perform to Outperform and raises the price target from $35 to $36.
— Third quarter net income of $152 million, or $0.99 per diluted share — — Return on equity of 13.2% — — Book value per share growth of 18% year-over-year to $31.37 — — Returned $86 million of capital to stockholders through dividends and share repurchases — — Holding company debt-to-capital ratio reduced to 18.5% following retirement of $450 million senior notes — — $185 million ordinary dividend paid from Radian Guaranty to holding company during the third quarter — — Available holding company liquidity of $844 million and PMIERs excess Available Assets of $2.1 billion — Radian Group Inc. (NYSE:RDN) today reported net income for the quarter ended September 30, 2024, of $152 million
Radian Group Inc. (NYSE:RDN) today announced that it will hold a conference call on Thursday, November 7, 2024, at 10:00 a.m. Eastern time to discuss the company's third quarter 2024 results, which will be announced after the market closes on Wednesday, November 6, 2024. The conference call will be webcast live on the company's website at https://radian.com/who-we-are/for-investors/webcasts or at www.radian.com. The webcast is listen-only. Those interested in participating in the question-and-answer session should follow the conference call dial-in instructions below. The call may be accessed via telephone by registering for the call here to receive the dial-in numbers and unique PIN. It
- Implementation of PMIERs Updates is not expected to materially impact Radian Guaranty's capital position or PMIERs cushion Radian Guaranty Inc., the principal mortgage insurance subsidiary of Radian Group Inc. (NYSE:RDN), announced that updates to the Private Mortgage Insurer Eligibility Requirements (PMIERs) that were issued today by Fannie Mae and Freddie Mac (PMIERs Updates), are not expected to have a material impact on Radian Guaranty's capital position or PMIERs cushion. In addition, given the limited expected impact, the Company does not believe the PMIERs Updates will require Radian Guaranty to adjust its investment portfolio asset allocation. Instead, the Company expects that a
4 - RADIAN GROUP INC (0000890926) (Issuer)
4 - RADIAN GROUP INC (0000890926) (Issuer)
4 - RADIAN GROUP INC (0000890926) (Issuer)
4/A - RADIAN GROUP INC (0000890926) (Issuer)
Keefe Bruyette upgraded Radian Group from Mkt Perform to Outperform and set a new price target of $36.00 from $35.00 previously
Keefe Bruyette downgraded Radian Group from Outperform to Mkt Perform and set a new price target of $35.00 from $36.00 previously
Keefe Bruyette upgraded Radian Group from Mkt Perform to Outperform and set a new price target of $29.00
10-Q - RADIAN GROUP INC (0000890926) (Filer)
8-K - RADIAN GROUP INC (0000890926) (Filer)
8-K - RADIAN GROUP INC (0000890926) (Filer)
SC 13G/A - RADIAN GROUP INC (0000890926) (Subject)
SC 13G/A - RADIAN GROUP INC (0000890926) (Subject)
SC 13G - RADIAN GROUP INC (0000890926) (Subject)
— Third quarter net income of $152 million, or $0.99 per diluted share — — Return on equity of 13.2% — — Book value per share growth of 18% year-over-year to $31.37 — — Returned $86 million of capital to stockholders through dividends and share repurchases — — Holding company debt-to-capital ratio reduced to 18.5% following retirement of $450 million senior notes — — $185 million ordinary dividend paid from Radian Guaranty to holding company during the third quarter — — Available holding company liquidity of $844 million and PMIERs excess Available Assets of $2.1 billion — Radian Group Inc. (NYSE:RDN) today reported net income for the quarter ended September 30, 2024, of $152 million
Radian Group Inc. (NYSE:RDN) today announced that it will hold a conference call on Thursday, November 7, 2024, at 10:00 a.m. Eastern time to discuss the company's third quarter 2024 results, which will be announced after the market closes on Wednesday, November 6, 2024. The conference call will be webcast live on the company's website at https://radian.com/who-we-are/for-investors/webcasts or at www.radian.com. The webcast is listen-only. Those interested in participating in the question-and-answer session should follow the conference call dial-in instructions below. The call may be accessed via telephone by registering for the call here to receive the dial-in numbers and unique PIN. It
Radian Group Inc. (NYSE:RDN) announced today that the company's Board of Directors approved a regular quarterly dividend on its common stock in the amount of $0.245 per share, payable September 11, 2024, to stockholders of record as of August 26, 2024. About Radian Radian is ensuring the American dream of homeownership responsibly and sustainably through products and services that include industry-leading mortgage insurance and a comprehensive suite of mortgage, risk, real estate, securitization, and title services. Powered by technology, informed by data and driven to deliver new and better ways to transact and manage risk, Radian is shaping the future of mortgage and real estate servi
Radian Group Inc. (NYSE:RDN) announced today that its stockholders re-elected all eleven of the company's directors, who serve one-year terms and are elected annually. As previously disclosed, Gaetano (Guy) J. Muzio, a director of the company since 2012, retired at the end of his current term following today's 2024 Annual Meeting. Muzio's retirement comes after a successful tenure where he played a key role in solidifying Radian's position as a leader in the mortgage and real estate industries. "Guy's extensive background in finance and mortgage credit, and his thorough and judicious analysis, have been tremendously valuable for the Board and his work will have a lasting impact on Radian'
Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc., announced today that lenders can now order Radian MI for delegated loans on the MI technology platform PMI Rate Pro. The offering will seamlessly integrate with Radian's ongoing presence on the PMI Rate Pro price comparison tool. "At Radian, we are committed to making it as convenient and cost-effective as possible for our customers to do business with us – and this is another exciting way to advance that objective," said Brien McMahon, Radian's Chief Franchise Officer. "We are pleased to join with PMI Rate Pro to provide loan officers and other industry professionals another easy and efficient way to utili
Radian Group Inc. (NYSE:RDN) today announced that Anne Leyden has been appointed to serve on its Board of Directors. Anne is a senior human capital management executive with broad consumer and business-to-business leadership experience in the financial services and consumer credit sectors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230807034151/en/Anne Leyden, Radian Board Member (Photo: Business Wire) "Anne is an extremely talented leader and strategist, and we are very pleased to welcome her to the Radian Board," said Radian Board Chairman Howard B. Culang. "Throughout her career, Anne has demonstrated an impressive abilit