Radian Group Inc. (RDN)

NYSE: RDN · IEX Real-Time Price · USD
29.62
+0.33 (1.13%)
Apr 19, 2024, 1:33 PM EDT - Market open
1.13%
Market Cap 4.49B
Revenue (ttm) 1.24B
Net Income (ttm) 603.12M
Shares Out 151.50M
EPS (ttm) 3.77
PE Ratio 7.84
Forward PE 8.63
Dividend $0.98 (3.31%)
Ex-Dividend Date Feb 23, 2024
Volume 248,199
Open 29.28
Previous Close 29.29
Day's Range 29.28 - 29.73
52-Week Range 22.94 - 33.69
Beta 1.01
Analysts Hold
Price Target 30.67 (+3.55%)
Earnings Date May 1, 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]

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 4 analysts, the average rating for RDN stock is "Hold." The 12-month stock price forecast is $30.67, which is an increase of 3.55% from the latest price.

Price Target
$30.67
(3.55% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

11 days ago - Business Wire

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...

15 days ago - Business Wire

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...

4 weeks ago - Business Wire

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 ...

6 weeks ago - Business Wire

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 ...

7 weeks ago - Business Wire

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. ...

Other symbols: AMCWCXWHCCINVAOTTRPCAR
7 weeks ago - Market Watch

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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 ...

5 months ago - Business Wire

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,...

5 months ago - Business Wire

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...

5 months ago - Business Wire

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...

6 months ago - Business Wire

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...

6 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 2, 2023 at 12:00 p.m. Eastern time to discuss the company's third q...

7 months ago - Business Wire

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...

7 months ago - Business Wire

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...

8 months ago - Business Wire

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...

9 months ago - Business Wire

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...

9 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 3, 2023 at 12:00 p.m. Eastern time to discuss the company's second qu...

10 months ago - Business Wire

Radian to Host Investor Day Today

WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) will host an Investor Day today, Tuesday, June 20, 2023, from 9:00 a.m. to 2:00 p.m. EDT and ring the Closing Bell at the New York Stock Exch...

10 months ago - Business Wire

Radian Appoints Sumita Pandit as Chief Financial Officer

WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE:RDN) today announced that Sumita Pandit has been named Senior Executive Vice President and Chief Financial Officer (CFO), effective immediately. Sh...

1 year ago - Business Wire

Radian Reports Results of 2023 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 eleven of the company's directors, who serve one-year terms and are elected annually. In...

1 year ago - Business Wire

Radian Announces First Quarter 2023 Financial Results

WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) today reported net income for the quarter ended March 31, 2023, of $158 million, or $0.98 per diluted share. This compares with net income fo...

1 year ago - Business Wire