Radian Group Inc. (RDN)
| 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...]
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 StatementsAnalyst 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.
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...
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?
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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
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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.
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.