Radian Group Inc. (RDN)

NYSE: RDN · IEX Real-Time Price · USD
31.34
-0.09 (-0.29%)
May 14, 2024, 4:00 PM EDT - Market closed
-0.29%
Market Cap 4.72B
Revenue (ttm) 1.25B
Net Income (ttm) 597.72M
Shares Out 150.58M
EPS (ttm) 3.78
PE Ratio 8.29
Forward PE 9.02
Dividend $0.98 (3.13%)
Ex-Dividend Date Feb 23, 2024
Volume 831,431
Open 31.67
Previous Close 31.43
Day's Range 30.92 - 31.74
52-Week Range 24.34 - 33.69
Beta 1.03
Analysts Hold
Price Target 30.67 (-2.14%)
Earnings Date May 1, 2024

About RDN

Radian Group Inc., together with its subsidiaries, engages in the mortgage and real estate services business in the United States. It operates through two segments, Mortgage Insurance and Homegenius segments. The Mortgage Insurance segment aggregates, manages, and distributes U.S. mortgage credit risk for mortgage lending institutions and mortgage credit investors, through private mortgage insurance on residential first-lien mortgage loans; and other credit risk management solutions, including contract underwriting. The Homegenius segment offer... [Read more]

Sector Financials
IPO Date Oct 30, 1992
Employees 1,100
Stock Exchange NYSE
Ticker Symbol RDN
Full Company Profile

Financial Performance

In 2023, Radian Group's revenue was $1.24 billion, an increase of 4.19% compared to the previous year's $1.19 billion. Earnings were $603.12 million, a decrease of -18.82%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for RDN stock is "Hold." The 12-month stock price forecast is $30.67, which is a decrease of -2.14% from the latest price.

Price Target
$30.67
(-2.14% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Radian Announces First Quarter 2024 Financial Results

WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) today reported net income for the quarter ended March 31, 2024, of $152 million, or $0.98 per diluted share. This compares with net income fo...

13 days ago - Business Wire

Local Logic Partners with homegenius to Elevate Real Estate Decisions

Advanced location analytics meet innovative technology in game-changing collaboration MONTREAL , April 22, 2024 /PRNewswire/ - Local Logic, the leading location insights provider for the real estate i...

22 days ago - PRNewsWire

Radian to Webcast First Quarter Conference Call

WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) today announced that it will hold a conference call on Thursday, May 2, 2024 at 12:00 p.m. Eastern time to discuss the company's first quarte...

5 weeks ago - Business Wire

Radian's Delegated Mortgage Insurance Now Available Through PMI Rate Pro

WAYNE, Pa.--(BUSINESS WIRE)--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 techn...

5 weeks ago - Business Wire

Radian Announces Redemption Price for 6.625% Senior Notes due 2025

WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) announced today that the redemption price of the Radian Group Inc. 6.625% Senior Notes due 2025 (CUSIP Number 750236AX9) (the “Notes”) will b...

2 months ago - Business Wire

SOLD.com Integrates Innovative Title Insurance and Closing Platform titlegenius by Radian

WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN), announced today that SOLD.com, the leading online real estate marketplace and educational resource provider, has teamed up with titlegenius ...

2 months ago - Business Wire

Radian Prices Senior Notes Offering

WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) announced today that it has priced its public offering (the “Offering”) of $625 million aggregate principal amount of senior unsecured notes ...

2 months ago - Business Wire

10 stocks you can bet on being inflation-proof

New research shows that “quality” stocks — companies with high operating profitability but which are out of favor on Wall Street — are the type of stocks most likely to do well if inflation heats up. ...

Other symbols: AMCWCXWHCCINVAOTTRPCAR
2 months ago - Market Watch

Radian Announces Increase to Quarterly Dividend

WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) announced today its plans to continue the return of capital to stockholders through an increased quarterly dividend. The company's Board of D...

3 months ago - Business Wire

Radian Announces Fourth Quarter and Full Year 2023 Financial Results

WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) today reported net income for the quarter ended December 31, 2023, of $143 million, or $0.91 per diluted share. This compares with net income...

3 months ago - Business Wire

Radian Announces Strategic Investment in FinLocker to Focus on Delivering a Personalized Data-Driven Journey to Empower Homeownership

WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN), announced today that it has made a strategic investment in FinLocker, a personal financial fitness and homeownership tool. By leveraging adv...

4 months ago - Business Wire

Radian Announces S&P Upgrade of Radian's Financial Strength and Credit Ratings and Webcast of Fourth Quarter Conference Call

WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN), announced today that S&P Global Ratings (S&P) has raised its long-term insurer financial strength and issuer credit ratings on Radian Guaran...

4 months ago - Business Wire

Radian Improves Score in Human Rights Campaign Foundation's 2023 Corporate Equality Index

WAYNE, Pa.--(BUSINESS WIRE)---- $RDN--Radian Group Inc. (NYSE: RDN) today announced that it has scored 90 out of 100 on the Human Rights Campaign Foundation's 2023 -2024 Corporate Equality Index, the ...

5 months ago - Business Wire

Radian's Fundraising Campaign for MBA Opens Doors Foundation Surpasses Donation Goal

WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) today announced that its annual “Opens Doors Opens Hearts” fundraising campaign generated $216,090 to benefit the MBA Opens Doors Foundation,...

6 months ago - Business Wire

Radian Declares Regular Quarterly Dividend

WAYNE, Pa.--(BUSINESS WIRE)--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 $0.225 per s...

6 months ago - Business Wire

Radian Announces Third Quarter 2023 Financial Results

WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) today reported net income for the quarter ended September 30, 2023, of $157 million, or $0.98 per diluted share. This compares with net incom...

6 months ago - Business Wire

Radian Recognized for Diversity and Inclusion Leadership by Mortgage Bankers Association

WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) has been honored by the Mortgage Bankers Association (MBA) as a recipient of its 2023 Diversity and Inclusion Residential Leadership Award. R...

7 months ago - Business Wire

Radian to Webcast Third Quarter Conference Call

WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) today announced that it will hold a conference call on Thursday, November 2, 2023 at 12:00 p.m. Eastern time to discuss the company's third q...

7 months ago - Business Wire

Radian Announces Closing of $353 Million Mortgage Insurance-Linked Notes Transaction

WAYNE, Pa.--(BUSINESS WIRE)---- $RDN--Radian Group Inc. (NYSE: RDN) today announced that its wholly owned subsidiary, Radian Guaranty Inc. has obtained $353 million of fully collateralized excess of l...

7 months ago - Business Wire

Radian Mortgage Insurance Now Available Through Vesta

WAYNE, Pa.--(BUSINESS WIRE)--Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc. (NYSE:RDN), announced today that Radian MI is now available through Vesta's Loan Originat...

9 months ago - Business Wire

Radian Appoints Anne Leyden to Board of Directors

WAYNE, Pa.--(BUSINESS WIRE)--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 wi...

10 months ago - Business Wire

Radian Announces Second Quarter 2023 Financial Results

WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) today reported net income for the quarter ended June 30, 2023, of $146 million, or $0.91 per diluted share. This compares with net income for...

10 months ago - Business Wire

Radian to Webcast Second Quarter Conference Call

WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) today announced that it will hold a conference call on Thursday, August 3, 2023 at 12:00 p.m. Eastern time to discuss the company's second qu...

11 months ago - Business Wire

Radian to Host Investor Day Today

WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) will host an Investor Day today, Tuesday, June 20, 2023, from 9:00 a.m. to 2:00 p.m. EDT and ring the Closing Bell at the New York Stock Exch...

11 months ago - Business Wire

Radian Appoints Sumita Pandit as Chief Financial Officer

WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE:RDN) today announced that Sumita Pandit has been named Senior Executive Vice President and Chief Financial Officer (CFO), effective immediately. Sh...

1 year ago - Business Wire