Uncovering Dividend Opportunities with NYSE:RDN.

RADIAN GROUP INC (NYSE:RDN) is a hidden gem unveiled by our stock screening tool, featuring a promising dividend outlook alongside solid fundamentals. NYSE:RDN demonstrates decent financial health and profitability while ensuring a sustainable dividend. Let's break it down further.

Evaluating Dividend: NYSE:RDN

ChartMill employs its own Dividend Rating system for all stocks. This score, on a scale of 0 to 10, is determined by evaluating different dividend factors, such as yield, historical performance, dividend growth, and sustainability. NYSE:RDN has been assigned a 7 for dividend:

• RDN's Dividend Yield is rather good when compared to the industry average which is at 3.52. RDN pays more dividend than 85.44% of the companies in the same industry.
• Compared to an average S&P500 Dividend Yield of 2.45, RDN pays a bit more dividend than the S&P500 average.
• On average, the dividend of RDN grows each year by 140.15%, which is quite nice.
• RDN has been paying a dividend for at least 10 years, so it has a reliable track record.
• As RDN did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
• RDN pays out 22.92% of its income as dividend. This is a sustainable payout ratio.

Deciphering NYSE:RDN's Health Rating

ChartMill assigns a proprietary Health Rating to each stock. The score is computed by evaluating various liquidity and solvency ratios and ranges from 0 to 10. NYSE:RDN was assigned a score of 7 for health:

• With a decent Altman-Z score value of 2.19, RDN is doing good in the industry, outperforming 75.73% of the companies in the same industry.
• With a decent Debt to FCF ratio value of 4.73, RDN is doing good in the industry, outperforming 62.14% of the companies in the same industry.
• A Debt/Equity ratio of 0.40 indicates that RDN is not too dependend on debt financing.
• RDN has a Current Ratio of 3.44. This indicates that RDN is financially healthy and has no problem in meeting its short term obligations.
• With an excellent Current ratio value of 3.44, RDN belongs to the best of the industry, outperforming 88.35% of the companies in the same industry.
• RDN has a Quick Ratio of 3.44. This indicates that RDN is financially healthy and has no problem in meeting its short term obligations.
• Looking at the Quick ratio, with a value of 3.44, RDN belongs to the top of the industry, outperforming 89.32% of the companies in the same industry.

Profitability Examination for NYSE:RDN

ChartMill's Profitability Rating offers a unique perspective on stock analysis, providing scores from 0 to 10. These ratings consider a wide range of profitability metrics and margins, both in comparison to industry peers and on their own merits. For NYSE:RDN, the assigned 6 is a significant indicator of profitability:

• The Return On Assets of RDN (8.44%) is better than 89.32% of its industry peers.
• Looking at the Return On Equity, with a value of 15.00%, RDN is in the better half of the industry, outperforming 76.70% of the companies in the same industry.
• RDN has a better Return On Invested Capital (9.56%) than 84.47% of its industry peers.
• With an excellent Profit Margin value of 50.66%, RDN belongs to the best of the industry, outperforming 92.23% of the companies in the same industry.
• The Operating Margin of RDN (72.88%) is better than 92.23% of its industry peers.
• In the last couple of years the Operating Margin of RDN has grown nicely.

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Check the latest full fundamental report of RDN for a complete fundamental analysis.

Keep in mind

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.