Radian Group Inc. (RDN)
Market Cap | 4.75B |
Revenue (ttm) | 1.25B |
Net Income (ttm) | 597.72M |
Shares Out | 150.58M |
EPS (ttm) | 3.78 |
PE Ratio | 8.35 |
Forward PE | 8.94 |
Dividend | $0.98 (3.11%) |
Ex-Dividend Date | Jun 4, 2024 |
Volume | 723,235 |
Open | 31.16 |
Previous Close | 31.19 |
Day's Range | 31.15 - 31.64 |
52-Week Range | 24.34 - 33.69 |
Beta | 1.04 |
Analysts | Hold |
Price Target | 32.17 (+1.97%) |
Earnings Date | Jul 31, 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]
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 3 analysts, the average rating for RDN stock is "Hold." The 12-month stock price forecast is $32.17, which is an increase of 1.97% from the latest price.
News
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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 ...
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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 ...
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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. ...
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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...
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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...
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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...
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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...
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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 ...
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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,...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...