RDN - Radian Group Inc Stock Price, Fair Value and News

31.58USD-0.14 (-0.44%)Delayed

Market Summary

USD31.58-0.14

Delayed

-0.44%

RDN Stock Price

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RDN RSI Chart

RDN Valuation

Market Cap

4.8B

Price/Earnings (Trailing)

7.96

Price/Sales (Trailing)

3.81

EV/EBITDA

5.07

Price/Free Cashflow

10.26

RDN Price/Sales (Trailing)

RDN Profitability

EBT Margin

61.00%

Return on Equity

13.46%

Return on Assets

7.7%

Free Cashflow Yield

9.75%

RDN Fundamentals

RDN Revenue

Revenue (TTM)

1.2B

Rev. Growth (Yr)

2.83%

Rev. Growth (Qtr)

-2.03%

RDN Earnings

Earnings (TTM)

597.7M

Earnings Growth (Yr)

-3.42%

Earnings Growth (Qtr)

6.77%

Breaking Down RDN Revenue

Last 7 days

-0.2%

Last 30 days

7.7%

Last 90 days

13.8%

Trailing 12 Months

22.0%

How does RDN drawdown profile look like?

RDN Financial Health

Debt/Equity

0.23

Debt/Cashflow

0.45

RDN Investor Care

Dividend Yield

2.91%

Dividend/Share (TTM)

0.92

Buy Backs (1Y)

3.69%

Diluted EPS (TTM)

3.78

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	1.2B	0	0	0
2023	1.2B	1.2B	1.2B	1.2B
2022	1.3B	1.2B	1.2B	1.2B
2021	1.4B	1.4B	1.4B	1.3B
2020	1.5B	1.5B	1.5B	1.4B
2019	1.3B	1.4B	1.5B	1.5B
2018	1.2B	1.2B	1.3B	1.3B
2017	1.2B	1.2B	1.2B	1.2B
2016	1.2B	1.2B	1.2B	1.2B
2015	1.1B	1.2B	1.2B	1.2B
2014	965.7M	1.0B	1.0B	1.1B
2013	785.6M	799.2M	783.0M	749.9M
2012	1.5B	1.2B	979.5M	910.5M
2011	0	0	0	1.9B
2010	0	0	0	0

Get all data in R, Python etc through our Historical Stock Data APIs

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Radian Group Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Dec 20, 2023	quigley robert	acquired	-	-	3,333	evp, controller & cao
Dec 20, 2023	quigley robert	sold (taxes)	-40,861	28.18	-1,450	evp, controller & cao
Aug 17, 2023	serio gregory	sold	-101,916	26.82	-3,800	-
Aug 14, 2023	hess lisa w	sold	-18,028	27.525	-655	-
Jun 05, 2023	hoffman edward j	sold	-779,400	25.98	-30,000	sr. evp, general counsel
May 30, 2023	mumford lisa	sold	-73,070	25.82	-2,830	-
May 24, 2023	ray eric	sold	-177,656	25.0678	-7,087	sr. exec vice president
May 19, 2023	serio gregory	sold	-282,974	25.7249	-11,000	-
May 19, 2023	culang howard bernard	sold	-337,350	26.00	-12,975	-
May 19, 2023	spiegel noel joseph	sold	-184,054	26.00	-7,079	-

Which funds bought or sold RDN recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	Virtus Investment Advisers, Inc.	unchanged	-	45,224	307,656	0.22%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-68.61	-1,892,070	1,101,560	-%
May 16, 2024	COMERICA BANK	reduced	-24.08	-695,987	5,630,220	0.02%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-8.66	339,095	5,127,870	0.01%
May 16, 2024	Tidal Investments LLC	added	5.24	60,352	318,501	-%
May 16, 2024	INNEALTA CAPITAL, LLC	reduced	-29.22	-41,333	201,456	0.09%
May 16, 2024	FSA Wealth Management LLC	unchanged	-	2,580	19,580	0.01%
May 15, 2024	Voya Investment Management LLC	reduced	-3.47	306,567	2,634,590	-%
May 15, 2024	Mariner, LLC	added	8.01	190,093	903,984	-%
May 15, 2024	SHELTON CAPITAL MANAGEMENT	reduced	-5.33	22,370	225,989	0.01%

Are Funds Buying or Selling RDN?

Are funds buying RDN calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own RDN

No. of Funds

Unveiling Radian Group Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	13.30%	20,369,690	SC 13G/A
Feb 06, 2024	jpmorgan chase & co	5.0%	7,695,135	SC 13G
Jan 24, 2024	blackrock inc.	9.5%	14,549,974	SC 13G/A
Dec 11, 2023	fmr llc	-	0	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Feb 09, 2023	vanguard group inc	13.28%	20,846,774	SC 13G/A
Feb 03, 2023	blackrock inc.	8.5%	13,394,211	SC 13G/A
Apr 08, 2022	vanguard group inc	10.46%	18,357,109	SC 13G/A
Feb 10, 2022	vanguard group inc	9.43%	16,913,965	SC 13G/A
Feb 09, 2022	fmr llc	-	0	SC 13G/A

Recent SEC filings of Radian Group Inc

View All Filings

Date Filed	Form Type	Document
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading

Peers (Alternatives to Radian Group Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ARGO	1.1T	1.3B	1.56%	3220.84%	-5.4K	851.43	-10.27%	-34.69%
AJG	56.3B	10.6B	11.80%	20.14%	51.57	5.3	20.42%	-6.05%
AIG	53.5B	48.4B	11.01%	48.35%	11.07	1.1	-4.15%	-20.63%
TRV	50.3B	42.9B	6.36%	19.84%	16.03	1.17	13.52%	12.15%
AFL	50.2B	19.3B	10.10%	32.07%	9.39	2.6	3.03%	17.35%
ACGL	37.9B	14.4B	11.43%	34.12%	7.82	2.63	32.92%	143.01%
AFG	11.2B	8.0B	7.21%	13.44%	12.7	1.4	11.14%	7.56%
MID-CAP
UNM	10.1B	12.6B	5.84%	14.37%	7.61	0.8	4.24%	-13.40%
AIZ	9.1B	11.4B	3.23%	33.23%	11.93	0.8	9.81%	217.29%
LNC	5.1B	11.9B	12.70%	41.34%	3.81	0.43	-33.27%	234.43%
AEL	3.9B	3.2B	-0.20%	45.14%	5.55	1.23	64.05%	-35.60%
SMALL-CAP
BRP	2.0B	1.3B	23.61%	49.66%	-37.13	1.59	18.74%	30.90%
AMSF	887.3M	308.9M	-4.69%	-15.41%	14.38	2.87	3.79%	10.94%
AMBC	818.6M	314.0M	28.73%	23.89%	14.24	2.61	-29.20%	-88.19%
AAME	35.5M	187.5M	-11.22%	-20.55%	-49.09	0.19	2.74%	73.83%

Radian Group Inc News

Latest updates

Radian Group Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-2.0%	319	326	314	290	311	315	296	287	293	338	326	337	329	370	375	364	329	388	380	395	364
Costs and Expenses	-	121	-	-	-	106	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Expenses	-	-	-	113	108	107	-	41.00	27.00	59.00	-	164	141	168	-	214	407	148	-	163	185	147
EBITDA Margin	-0.5%	0.75*	0.75*	0.78*	0.83*	0.89*	0.93*	0.95*	0.85*	0.77*	0.69*	0.62*	0.60*	-	-	-	-	-	-	-	-	-
Interest Expenses	41.4%	29.00	21.00	24.00	23.00	22.00	22.00	21.00	21.00	21.00	21.00	21.00	21.00	21.00	21.00	21.00	17.00	12.00	12.00	13.00	15.00	16.00
Income Taxes	24.7%	46.00	37.00	44.00	37.00	46.00	41.00	57.00	59.00	53.00	53.00	35.00	40.00	36.00	31.00	26.00	-12.27	41.00	44.00	44.00	43.00	45.00
Earnings Before Taxes	10.5%	199	180	201	183	204	203	255	260	234	247	162	195	161	179	161	-42.22	181	206	218	210	216
EBT Margin	-1.4%	0.61*	0.62*	0.64*	0.70*	0.76*	0.80*	0.82*	0.73*	0.65*	0.58*	0.51*	0.49*	-	-	-	-	-	-	-	-	-
Net Income	6.8%	152	143	157	146	158	162	198	201	181	193	126	155	126	148	135	-29.95	140	161	173	167	171
Net Income Margin	-1.6%	0.48*	0.49*	0.51*	0.55*	0.60*	0.62*	0.64*	0.56*	0.51*	0.45*	0.41*	0.40*	-	-	-	-	-	-	-	-	-
Free Cashflow	-80.7%	51.00	265	71.00	68.00	113	102	101	56.00	113	150	123	119	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	2.2%	7,760	7,594	7,379	7,307	7,204	7,064	6,986	7,274	7,616	7,839	8,042	8,009	7,921	7,948	7,777	7,569	6,690	6,808	6,671	6,592	6,600
Cash Equivalents	51.7%	29.00	19.00	55.00	61.00	50.00	56.00	56.00	136	134	153	157	138	124	94.00	86.00	85.00	62.00	96.00	52.00	79.00	128
Net PPE	-5.2%	61.00	64.00	75.00	74.00	72.00	71.00	76.00	75.00	75.00	75.00	74.00	74.00	78.00	80.00	-	-	-	88.00	-	-	-
Liabilities	3.9%	3,320	3,196	3,226	3,136	3,098	3,144	3,248	3,343	3,468	3,580	3,784	3,675	3,686	3,664	3,655	3,583	2,826	2,760	2,748	2,809	2,889
Shareholder's Equity	1.0%	4,440	4,398	4,153	4,171	4,106	3,919	3,738	3,492	3,326	4,259	4,258	2,162	0.00	264	232	212	2,505	2,390	2,469	2,540	0.00
Retained Earnings	2.7%	4,358	4,244	4,137	4,016	3,908	3,787	3,657	3,492	3,326	3,181	3,013	2,913	2,786	2,685	2,561	2,450	2,505	2,390	2,229	2,056	1,890
Additional Paid-In Capital	-2.8%	1,390	1,431	1,483	1,523	1,516	1,520	1,514	1,698	1,872	1,878	2,013	2,162	2,243	2,246	2,239	2,233	2,232	2,450	2,469	2,540	2,698
Shares Outstanding	-1.1%	152	153	156	157	157	157	163	174	177	175	191	194	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	3,944	-	-	-	3,243	-	-	-	4,165	-	-	-	2,958	-	-	-	4,681	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-80.7%	51.00	265	75.00	72.00	117	106	105	60.00	117	154	127	123	153	160	193	149	156	188	169	120	218
Cashflow From Investing	34.1%	-73.40	-111	-99.41	-59.49	-30.54	-53.73	36.00	84.00	-71.79	32.00	42.00	6.00	-81.94	-145	-157	-612	32.00	-139	-18.11	41.00	-185
Cashflow From Financing	116.4%	31.00	-190	19.00	-1.26	-92.05	-51.67	-221	-142	-64.00	-189	-151	-114	-41.47	-6.45	-34.47	486	-222	-4.45	-177	-209	-11.68
Dividend Payments	-100.0%	-	35.00	36.00	40.00	36.00	32.00	32.00	36.00	35.00	25.00	26.00	28.00	24.00	24.00	24.00	24.00	25.00	1.00	1.00	1.00	1.00
Buy Backs	-23.7%	50.00	66.00	50.00	-	15.00	105	0.00	184	19.00	224	0.00	90.00	9.00	-	-	-	226	25.00	78.00	166	32.00

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RDN Income Statement

2024-03-31

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues
Net premiums earned (Note 8)	$ 235,857	$ 233,238
Services revenue (Note 4)	12,588	10,984
Net investment income (Note 6)	69,221	58,453
Net gains (losses) on investments and other financial instruments (includes net realized gains (losses) on investments of $(3,682) and $(5,506)) (Note $0)	490	5,585
Other income	1,262	1,592
Total revenues	319,418	309,852
Expenses
Provision for losses (Note $0)	(7,034)	(16,929)
Policy acquisition costs	6,794	6,293
Cost of services	9,327	10,398
Other operating expenses	82,636	83,269
Interest expense (Note 12)	29,046	21,439
Amortization of other acquired intangible assets	0	1,371
Total expenses	120,769	105,841
Pretax income	198,649	204,011
Income tax provision	46,295	46,254
Net income	$ 152,354	$ 157,757
Net income per share
Basic (in usd per share)	$ 0.99	$ 1.00
Diluted (in usd per share)	$ 0.98	$ 0.98
Weighted average number of common shares outstanding—basic (in shares)	153,817	158,304
Weighted average number of common and common equivalent shares outstanding—diluted (in shares)	155,971	161,349

RDN Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Investments (Notes 5 and 6)
Fixed-maturities available for sale—at fair value (amortized cost of $5,657,808 and $5,599,111)	$ 5,209,025	$ 5,188,228
Trading securities—at fair value (amortized cost of $109,275 and $110,484)	103,256	106,423
Equity securities—at fair value (cost of $159,937 and $92,124)	155,405	89,057
Mortgage loans held for sale—at fair value (Note 7)	147,034	32,755
Other invested assets—at fair value	8,849	8,625
Short-term investments—at fair value (includes $89,532 and $149,364 of reinvested cash collateral held under securities lending agreements)	703,545	660,566
Total investments	6,327,114	6,085,654
Cash	26,993	18,999
Restricted cash	1,832	1,066
Accrued investment income	46,334	45,783
Accounts and notes receivable	130,095	123,857
Reinsurance recoverables (includes $164 and $59 for paid losses)	28,151	25,909
Deferred policy acquisition costs	18,561	18,718
Property and equipment, net	60,521	63,822
Prepaid federal income taxes (Note 10)	750,320	750,320
Other assets (Note 9)	369,944	459,805
Total assets	7,759,865	7,593,933
Liabilities
Unearned premiums	215,124	225,396
Reserve for losses and LAE (Note 11)	361,833	370,148
Senior notes (Note 12)	1,512,860	1,417,781
Secured borrowings (Note 12)	207,601	119,476
Reinsurance funds withheld	133,460	130,564
Net deferred tax liability	626,353	589,564
Other liabilities	262,902	343,199
Total liabilities	3,320,133	3,196,128
Commitments and contingencies (Note 13)
Stockholders’ equity
Common stock ($0.001 par value; 485,000 shares authorized; 2024: 171,588 and 151,509 shares issued and outstanding, respectively; 2023: 173,247 and 153,179 shares issued and outstanding, respectively)	171	173
Treasury stock, at cost (2024: 20,079 shares; 2023: 20,068 shares)	(946,202)	(945,870)
Additional paid-in capital	1,390,436	1,430,594
Retained earnings	4,357,823	4,243,759
Accumulated other comprehensive income (loss) (Note 15)	(362,496)	(330,851)
Total stockholders’ equity	4,439,732	4,397,805
Total liabilities and stockholders’ equity	$ 7,759,865	$ 7,593,933

About Radian Group Inc

Radian Group Inc., together with its subsidiaries, engages in the mortgage and real estate services business in the United States. The company operates through Mortgage and Homegenius segments. The 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 solutions. This segment primarily serves mortgage originators, such as mortgage banks, commercial banks, savings institutions, credit unions, and community banks. The Homegenius segment offers title services, including a suite of insurance and non-insurance title, tax and title data, centralized recording, document retrieval and default curative title services, and deed and property reports, as well as closing and settlement services comprising electronic execution and traditional signing services; real estate valuation products and services; and asset management services, as well as a suite of real estate technology products and services to facilitate real estate transactions, such as software as a service solutions. This segment serves consumers, mortgage lenders, mortgage and real estate investors, government-sponsored enterprises, and real estate brokers and agents. Radian Group Inc. was founded in 1977 and is headquartered in Wayne, Pennsylvania.

CEO	Mr. Richard Gerald Thornberry
WEBSITE	radian.com
INDUSTRY	Insurance Property & Casualty
EMPLOYEES	1400

Radian Group Inc Frequently Asked Questions

What is the ticker symbol for Radian Group Inc? What does RDN stand for in stocks?

RDN is the stock ticker symbol of Radian Group Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Radian Group Inc (RDN)?

As of Fri May 17 2024, market cap of Radian Group Inc is 4.76 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of RDN stock?

You can check RDN's fair value in chart for subscribers.

What is the fair value of RDN stock?

You can check RDN's fair value in chart for subscribers. The fair value of Radian Group Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Radian Group Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for RDN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Radian Group Inc a good stock to buy?

The fair value guage provides a quick view whether RDN is over valued or under valued. Whether Radian Group Inc is cheap or expensive depends on the assumptions which impact Radian Group Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for RDN.

What is Radian Group Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, RDN's PE ratio (Price to Earnings) is 7.96 and Price to Sales (PS) ratio is 3.81. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. RDN PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Radian Group Inc's stock?

In the past 10 years, Radian Group Inc has provided 0.093 (multiply by 100 for percentage) rate of return.