Radian Group Inc. (RDN)
Market Cap | 4.77B |
Revenue (ttm) | 1.30B |
Net Income (ttm) | 598.84M |
Shares Out | 148.93M |
EPS (ttm) | 3.86 |
PE Ratio | 8.31 |
Forward PE | 8.58 |
Dividend | $0.98 (3.06%) |
Ex-Dividend Date | Nov 25, 2024 |
Volume | 1,244,312 |
Open | 31.45 |
Previous Close | 31.73 |
Day's Range | 31.45 - 32.40 |
52-Week Range | 26.11 - 37.86 |
Beta | 1.04 |
Analysts | Buy |
Price Target | 36.10 (+12.64%) |
Earnings Date | Feb 5, 2025 |
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]
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 StatementsAnalyst Forecast
According to 5 analysts, the average rating for RDN stock is "Buy." The 12-month stock price forecast is $36.1, which is an increase of 12.64% from the latest price.
News
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 $0.245 per s...
R3 and Radian to modernize title transfer and insurance process
-Using blockchain technology to bring much needed transparency and simplification to the US real estate market, helping to reduce risk and improve operational efficiency through secure and immutable t...
Radian Group Inc. (RDN) Q3 2024 Earnings Call Transcript
Radian Group Inc. (NYSE:RDN) Q3 2024 Results Conference Call November 7, 2024 10:00 AM ET Company Participants Dan Kobell - Head-Investor Relations & Capital Management Rick Thornberry - Chief Execut...
Radian Announces Third Quarter 2024 Financial Results
WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) today reported net income for the quarter ended September 30, 2024, of $152 million, or $0.99 per diluted share. This compares with net incom...
Radian Exceeds Fundraising Goal for MBA Opens Doors Foundation with Record-Breaking Campaign
WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) today announced that its annual “Opens Doors Opens Hearts” fundraising campaign achieved an all-time record of nearly $475,000 to benefit the...
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 7, 2024, at 10:00 a.m. Eastern time to discuss the company's third ...
Radian Comments on Updates to PMIERs
WAYNE, Pa.--(BUSINESS WIRE)--Radian Guaranty Inc., the principal mortgage insurance subsidiary of Radian Group Inc. (NYSE: RDN), announced that updates to the Private Mortgage Insurer Eligibility Requ...
Howard Yaruss joins SEDA Expert's Mortgage Insurance and Financial Guaranty Expert Witness Practice
SEDA Experts LLC, a leading expert witness firm providing world-class financial expert witness services, announced today that Howard Yaruss joined the firm as Managing Director. SEDA Experts LLC, a le...
Radian Group Inc. (RDN) Q2 2024 Earnings Call Transcript
Radian Group Inc. (NYSE:RDN) Q2 2024 Earnings Conference Call August 1, 2024 12:00 PM ET Company Participants Dan Kobell - Head-Investor Relations & Capital Management Rick Thornberry - Chief Executi...
Radian Announces Second Quarter 2024 Financial Results
WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) today reported net income for the quarter ended June 30, 2024, of $152 million, or $0.98 per diluted share. This compares with net income for...
Radian Mortgage Capital Closes its Inaugural Secondary Market Securitization
WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) today announced that its mortgage conduit, Radian Mortgage Capital LLC (RMC), has closed its inaugural prime jumbo securitization, Radian Mor...
FIZBER Integrates with titlegenius by Radian to Help Support For Sale By Owner Community
WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN), announced today that FIZBER, the leading self-directed residential real estate marketplace, has teamed up with Radian Settlement Services to...
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 1, 2024 at 12:00 p.m. Eastern time to discuss the company's second qu...
BatchService Integrates titlegenius by Radian to Help Empower Its Real Estate Investor Community
WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN), announced today that the real estate data and technology company BatchService has teamed up with Radian Settlement Services to provide Batch...
Radian Reports Results of 2024 Annual Meeting of Stockholders
WAYNE, Pa.--(BUSINESS WIRE)--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...
Radian Increases Share Repurchase Authorization from $300 Million to $900 Million and Approves Regular Quarterly Dividend on Common Stock
WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) announced its Board of Directors has approved an increase in its existing share repurchase program from $300 million to $900 million and a pr...
Radian Group Inc. (RDN) Q1 2024 Earnings Call Transcript
Radian Group Inc. (NYSE:RDN) Q1 2024 Results Conference Call May 2, 2024 12:00 PM ET Company Participants John Damian - Senior Vice President of Corporate Development and Investor Relations Richard T...
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...
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...
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...
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...
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...
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 ...
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 ...
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. ...