How to Buy Radian Group Stock
Radian Group Inc
Radian Group is a specialty insurance company located in Pennsylvania, United States, which is part of the Financial Services sector, and is traded under the ticker RDN on the NYSE exchange.
Radian Group stock last closed at $30.18, up 1.04% from the previous day, and has increased 25.91% in one year. It has overperformed other stocks in the Insurance - Specialty industry by 0.12 percentage points. Radian Group stock is currently +30.48% from its 52-week low of $23.13, and -10.41% from its 52-week high of $33.69.
As of May 1, 2024, there are 151.5M shares of RDN outstanding. The market value of RDN is $4.57B. In the last 24 hours, 731,898 RDN shares were traded.
How to Buy Radian Group Stock
Wondering how to invest in Radian Group stock? Here's how.
- Decide where to buy Radian Group stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you determine where to buy Radian Group stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Choose your payment method and add your details.
- Research Radian Group stock: The Radian Group ticker symbol is RDN. Is Radian Group stock a good investment? Should you buy shares of RDN? How do RDN's underlying business fundamentals look? Do top analysts think Radian Group is a good buy? Why has RDN's stock price moved recently? (Hint: Our stock research tools can help you evaluate if RDN is a good stock to buy).
- Make your RDN purchase: Decide if you will purchase RDN shares at the current market price or use a limit order to buy RDN shares at a particular price.
- Watch your investment in RDN: Create a watchlist to track your investment in Radian Group shares.
Step 1: Decide where to buy Radian Group stock
You will need an online brokerage account to access the NYSE market and buy RDN shares.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected your brokerage, it's time to fill out some personal information so you can invest in RDN stock today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to start a new brokerage account.
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Step 3: Deposit funds into your brokerage account
Now that you have created your account on the greatest app to buy stocks, you can securely and quickly fund your account:
Check out the video below for more details transferring funds into your investment account.
Step 4: Research Radian Group stock
After you have decided on the best place to buy Radian Group stock, it's important to research their stock before you buy, so you can comprehend the risk as well as the opportunity.
Overview of key RDN info
Fundamentals of Radian Group
WallStreetZen was built to help everyday investors do more accurate fundamental analysis.
You can see all of the due diligence checks on RDN's stock page.
What is the fair value of RDN stock?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge RDN's true value.
Using relative valuations ratios:
- RDN could be undervalued based on its P/E ratio of 7.92x, relative to Insurance - Specialty industry P/E ratio of 28.78x
- RDN could be undervalued based on its P/B ratio of 1.04x, relative to Insurance - Specialty industry P/B ratio of 1.53x
- RDN may be overvalued based on its PEG ratio of 1.77x
You can access additional valuation analysis on RDN's stock here.
RDN Financial Summary
Signs that RDN is financially healthy:
- RDN earnings of $857.18M is not sufficient to cover its interest payments.
- Total RDN debt is lower than 5 years ago, relative to shareholder equity.
- RDN's operating cash flow of $529.43M allows it to safely service it's debt of $1.54B.
Signs that RDN is not financially healthy:
- RDN profit margin has gone down from 62.4% to 48.6% in the past year.
- RDN has a relatively high debt to equity ratio of 0.73.
Do Wall Street analysts think it's a good time to buy RDN stock
Out of 2 Equities analysts who research RDN, the consensus analyst rating on Radian Group is a Hold
Please note that analyst ratings are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Radian Group stock forecast page.
RDN Momentum
RDN Growth Metrics
Last year, RDN earnings were $603.12M. During the last five year, RDN's earnings have grown by 6.13% per year. This was slower than the Insurance - Specialty industry average of 7.67%.
Last year, RDN revenue was $1.24B. Over the last five year, RDN's revenue has grown by -0.51% per year. This was slower than the Insurance - Specialty industry average of 9.65%.
You can research RDN's earnings and revenue performance here.
Who is buying/selling RDN?
In the last 12 months, executives and large shareholders at RDN have sold more shares than they have bought.
Robert Quigley, EVP Controller CAO of RDN, was the latest RDN insider to sell. They sold $40,861.00 worth of RDN stock on Dec 20, 2023.
Get more info about who owns RDN shares here.
Does RDN provide a stable income stream?
Radian Group pays a dividend of 3.05%, compared to the Insurance - Specialty industry's average dividend yield of 11.23%. If you owned $1,000 worth of RDN stock, you would have been paid $30.48 in the past year.
Radian Group dividend payments have consistently grown over the past decade but have not remained stable.
Dig into more data about Radian Group dividend yield and history here.
RDN Social Trading Data
One of the reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Make your RDN purchase
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually the best for newer investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular price limit, use a limit order.
Click the Open button and eToro will execute the order.
If you need additional assistance buying stocks on eToro, watch the how to video below:
Step 6: Watch your investment in RDN
Now that you own some shares in RDN, you'll want to keep up with your new investment.
Create a watchlist to see the latest developments about your RDN stock.
RDN Feed
How to Buy Stock in Radian Group
To reiterate, here are the 6 steps you need to take to buy Radian Group stock right now:
- Decide where to buy Radian Group stock
- Sign up for a brokerage account
- Deposit funds into your brokerage account
- Research Radian Group stock
- Make your RDN purchase
- Watch your investment in RDN
If you require a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to monitor your new investment in Radian Group, click below.
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