Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Radian Group Inc before investing.

In this article, we go over a few key elements for understanding Radian Group Inc’s stock price such as:

• Radian Group Inc’s current stock price and volume
• Why Radian Group Inc’s stock price changed recently
• Upgrades and downgrades for RDN from analysts
• RDN’s stock price momentum as measured by its relative strength

About Radian Group Inc (RDN)

Before we jump into Radian Group Inc’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Radian Group Inc. is a diversified mortgage and real estate services company. The Company provides mortgage insurance and other products and services to the real estate and mortgage finance industries. The Company operates through its two business segments: Mortgage and homegenius. The Company’s Mortgage segment aggregates, manages and distributes United States mortgage credit risk on behalf of mortgage lending institutions and mortgage credit investors, principally through private mortgage insurance on residential first-lien mortgage loans, and also provides other credit risk management, contract underwriting and fulfillment solutions. The Company's homegenius segment offers an array of title, real estate and technology products and services to consumers, mortgage lenders, mortgage and real estate investors, Government-sponsored enterprises (GSE) and real estate brokers and agents, and corporations for their employees.

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Radian Group Inc’s Stock Price as of Market Close

As of April 04, 2024, 4:00 PM, CST, Radian Group Inc’s stock price was $31.13.

Radian Group Inc is down 4.92% from its previous closing price of $32.74.

During the last market session, Radian Group Inc’s stock traded between $32.64 and $33.06. Currently, there are 155.58 million shares of Radian Group Inc stock available for purchase.

Radian Group Inc’s price-earnings (P/E) ratio is currently at 8.7, which is low compared to the Insurance - Property & Casualty industry median of 14.2. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Radian Group Inc Stock Price History

Radian Group Inc’s (RDN) price is currently down 6.99% so far this month.

During the month of April, Radian Group Inc’s stock price has reached a high of $33.41 and a low of $30.96.

Over the last year, Radian Group Inc has hit prices as high as $33.69 and as low as $21.67. Year to date, Radian Group Inc’s stock is up 63.24%.

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What Caused Radian Group Inc Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of April 03, 2024, there was 1 analyst who downgraded Radian Group Inc’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Radian Group Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Radian Group Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Radian Group Inc’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Radian Group Inc (RDN) by visiting AAII Stock Evaluator.

Relative Price Strength of Radian Group Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of April 03, 2024, Radian Group Inc has a weighted four-quarter relative price strength of 4.01%, which translates to a Momentum Score of 78 and is considered to be Strong.

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Radian Group Inc Stock Price: Bottom Line

As of April 4, 2024, Radian Group Inc’s stock price is $31.13, which is down 4.92% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Radian Group Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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