Radian Group Inc. (RDN)

NYSE: RDN · IEX Real-Time Price · USD
23.50
+0.18 (0.77%)
Aug 18, 2022 4:01 PM EDT - Market closed
0.77%
Market Cap 3.80B
Revenue (ttm) 1.24B
Net Income (ttm) 702.18M
Shares Out 161.61M
EPS (ttm) 3.88
PE Ratio 6.06
Forward PE 7.22
Dividend $0.74 (3.15%)
Ex-Dividend Date Aug 19, 2022
Volume 1,366,234
Open 23.61
Previous Close 23.32
Day's Range 23.40 - 23.75
52-Week Range 17.97 - 24.84
Beta 1.22
Analysts Buy
Price Target 27.86 (+18.6%)
Earnings Date Aug 1, 2022

About RDN

Radian Group Inc., together with its subsidiaries, engages in the mortgage and real estate services business in the United States. Its Mortgage segment offers credit-related insurance coverage primarily through private mortgage insurance on residential first-lien mortgage loans, as well as other credit risk management, contract underwriting, and fulfillment solutions. This segment primarily serves mortgage originators, such as mortgage banks, commercial banks, savings institutions, credit unions, and community banks. The company's Homegenius se... [Read more...]

Industry Thrifts & Mortgage Finance
IPO Date Oct 30, 1992
CEO Richard Thornberry
Employees 1,800
Stock Exchange NYSE
Ticker Symbol RDN
Full Company Profile

Financial Performance

In 2021, Radian Group's revenue was $1.33 billion, a decrease of -7.55% compared to the previous year's $1.44 billion. Earnings were $600.67 million, an increase of 52.60%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for RDN stock is "Buy." The 12-month stock price forecast is 27.86, which is an increase of 18.55% from the latest price.

Price Target
$27.86
(18.55% upside)
Analyst Consensus: Buy
Stock Forecasts

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 $0.20 per shar...

5 Multiline Insurers to Watch as Exposure Increases, Price Rises

Better pricing, product redesigns, technological advancement along with optimistic growth outlook are expected to aid multiline insurers like MET, AIG, HIG, AIZ and RDN as the impact of the pandemic rec...

Other symbols: AIGAIZHIGMET

Radian Group's (RDN) Q2 Earnings Beat Estimates, Increase Y/Y

Radian Group's (RDN) Q2 results reflect higher monthly premium policy insurance in force, a decline in single premium policy insurance in force and higher investment income.

Radian Announces Second Quarter 2022 Financial Results

WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) today reported net income for the quarter ended June 30, 2022, of $201.2 million, or $1.15 per diluted share. This compares with net income for...

U.S. Home Prices End First Half of Year on Strong Note, homegenius Home Price Index Reveals

WAYNE, Pa.--(BUSINESS WIRE)--Home prices across the United States rose in the first six months of the year at an annualized rate of 15.5 percent, according to homegenius Home Price Index (HPI) data rele...

homegenius Announces Alliance with RE/MAX, LLC as an Approved Supplier

WAYNE, Pa.--(BUSINESS WIRE)--homegenius, a full-service ecosystem of real estate services leveraging advanced technology and the latest developments in data science, machine learning and artificial inte...

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 Tuesday, August 2, 2022 at 10:00 a.m. Eastern time to discuss the company's second quart...

Radian (RDN) Boosts Mortgage Market Presence With New Unit

Radian Group (RDN) introduces Radian Mortgage Capital LLC to expand market reach and boost its relationships across the mortgage ecosystem.

Radian Group Launches Radian Mortgage Capital to Expand Market Opportunity and Offer Alternative Source of Funding to...

WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) announced the launch of Radian Mortgage Capital LLC (RMC), a mortgage conduit formed to provide residential mortgage lenders with an additional...

Radian (RDN) is a Top-Ranked Value Stock: Should You Buy?

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Here's Why Hold Strategy is Appropriate for Radian Group (RDN)

Radian Group (RDN) is poised to grow due to well-performing real estate services and valuation products, favorable growth estimates and effective capital deployment.

U.S. Home Prices Post Record Gains in May, Face Stronger Headwinds, Reveals homegenius Home Price Index

WAYNE, Pa.--(BUSINESS WIRE)--Home prices across the United States set a new all-time record for price appreciation, rising at an annualized rate of 18.0 percent in May 2022 from April 2022, according to...

Why Radian (RDN) is a Top Value Stock for the Long-Term

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

This Stock Has A 3.76% Yield And Sells For Less Than Book

For example, the recent RDN share price of $21.29 represents a price-to-book ratio of 0.9 and an annual dividend yield of 3.76% — by comparison, the average stock in Dividend Channel's coverage universe...

Radian (RDN) Down 6% Since Last Earnings Report: Can It Rebound?

Radian (RDN) reported earnings 30 days ago. What's next for the stock?

Why Should You Stay Invested in Radian Group (RDN) Stock Now?

Radian's (RDN) improved mortgage insurance portfolio is expected to create a strong foundation for future earnings.

Why Radian (RDN) is a Top Growth Stock for the Long-Term

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

homegenius Brings Next-Generation Real Estate Tech to Berkshire Hathaway HomeServices

WAYNE, Pa.--(BUSINESS WIRE)--homegenius, a full-service ecosystem of real estate services leveraging advanced technology and the latest developments in data science, machine learning and artificial inte...

Radian Reports Results of 2022 Annual Meeting of Stockholders and Declares Regular Quarterly Dividend on Common Stock

WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) announced today that its stockholders re-elected all ten of the company's directors, who serve one-year terms and are elected annually. In addi...

U.S. Home Prices Slowed from Record Appreciation in First Quarter, Radian Home Price Index Reveals

WAYNE, Pa.--(BUSINESS WIRE)--Home prices across the United States rose in the first three months of the year at an annualized rate of 12.8 percent, according to Radian Home Price Index (HPI) data releas...

Radian Group's (RDN) Q1 Earnings Top, Revenues Rise Y/Y

Radian Groups (RDN) Q1 results reflect strong growth in the housing and real estate markets along with sustained demand for products and services.

Radian Announces First Quarter 2022 Financial Results

WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) today reported net income for the quarter ended March 31, 2022, of $181.1 million, or $1.01 per diluted share. This compares with net income fo...

Multiline Insurance Q1 Earnings on May 3: PRU, AIZ & More

Better pricing, exposure growth, higher sales, solid retention, a not-so-active catastrophe level and accelerated digitization are likely to favor first-quarter results of PRU, AIZ, AIG and RDN.

Other symbols: AIGAIZPRU

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 Wednesday, May 4, 2022 at 10:00 a.m. Eastern time to discuss the company's first quarter...

Why Should You Hold Radian Group (RDN) in Your Portfolio?

Radian Group (RDN) is poised to grow due to growth in the purchase market, an increase in closed orders in the title services business and sufficient liquidity.