Radian Group Inc. (RDN)

NYSE: RDN · Real-Time Price · USD
32.94
-0.15 (-0.45%)
Jan 17, 2025, 4:00 PM EST - Market closed
-0.45%
Market Cap 4.91B
Revenue (ttm) 1.30B
Net Income (ttm) 598.84M
Shares Out 148.93M
EPS (ttm) 3.86
PE Ratio 8.54
Forward PE 8.82
Dividend $0.98 (2.98%)
Ex-Dividend Date Nov 25, 2024
Volume 610,312
Open 33.36
Previous Close 33.09
Day's Range 32.73 - 33.36
52-Week Range 26.11 - 37.86
Beta 1.06
Analysts Buy
Price Target 36.30 (+10.2%)
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]

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 5 analysts, the average rating for RDN stock is "Buy." The 12-month stock price forecast is $36.3, which is an increase of 10.20% from the latest price.

Price Target
$36.3
(10.20% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Radian to Webcast Fourth Quarter Conference Call

WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) today announced that it will hold a conference call on Thursday, February 6, 2025, at 11:00 a.m. Eastern time to discuss the company's fourth...

4 days ago - Business Wire

Radian's Mortgage Insurance President Derek Brummer Announces Retirement

WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) today announced that Derek Brummer, President, Mortgage Insurance, will retire on July 3, 2025, after 23 years of distinguished service at th...

6 days ago - Business Wire

Morningstar DBRS Deems Radian Real Estate Management Acceptable Due Diligence Provider

WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) today announced that DBRS, Inc. (Morningstar DBRS) deems Radian Real Estate Management as an acceptable due diligence firm for business purpo...

10 days ago - Business Wire

Elizabeth Park Capital Management Names Financial Services Veteran J. Franklin Hall Partner and Deputy Portfolio Manager

CLEVELAND--(BUSINESS WIRE)--Elizabeth Park Capital Management, a leading alternative investments platform specializing in depository institutions, announced today the appointment of financial services...

Other symbols: FFBC
11 days ago - Business Wire

The New Year May Not Be Kind To Radian Group

Radian Group stock has tripled since 2020 but is now facing decline due to high mortgage rates and low affordable home supply. The private mortgage insurance industry faces significant headwinds, incl...

19 days ago - Seeking Alpha

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...

2 months ago - Business Wire

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...

2 months ago - GlobeNewsWire

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...

2 months ago - Seeking Alpha

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...

2 months ago - Business Wire

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...

2 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 7, 2024, at 10:00 a.m. Eastern time to discuss the company's third ...

3 months ago - Business Wire

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...

5 months ago - Business Wire

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...

5 months ago - GlobeNewsWire

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...

6 months ago - Seeking Alpha

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...

6 months ago - Business Wire

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...

6 months ago - Business Wire

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...

6 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 1, 2024 at 12:00 p.m. Eastern time to discuss the company's second qu...

6 months ago - Business Wire

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...

7 months ago - Business Wire

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...

8 months ago - Business Wire

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...

8 months ago - Business Wire

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...

9 months ago - Seeking Alpha

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...

9 months 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...

9 months 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...

10 months ago - Business Wire