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

29.93USD+0.27 (+0.91%)Market Closed

Market Summary

USD29.93+0.27

Market Closed

0.91%

RDN Stock Price

View Fullscreen

RDN RSI Chart

RDN Valuation

Market Cap

4.5B

Price/Earnings (Trailing)

7.52

Price/Sales (Trailing)

3.65

EV/EBITDA

4.85

Price/Free Cashflow

8.56

RDN Price/Sales (Trailing)

RDN Profitability

EBT Margin

61.86%

Return on Equity

13.71%

Return on Assets

7.94%

Free Cashflow Yield

11.68%

RDN Fundamentals

RDN Revenue

Revenue (TTM)

1.2B

Rev. Growth (Yr)

3.59%

Rev. Growth (Qtr)

3.98%

RDN Earnings

Earnings (TTM)

603.1M

Earnings Growth (Yr)

-12.1%

Earnings Growth (Qtr)

-8.87%

Breaking Down RDN Revenue

Last 7 days

0.4%

Last 30 days

-8.5%

Last 90 days

2.9%

Trailing 12 Months

28.0%

How does RDN drawdown profile look like?

RDN Financial Health

Debt/Equity

0.23

Debt/Cashflow

0.52

RDN Investor Care

Dividend Yield

1.82%

Dividend/Share (TTM)

0.5

Buy Backs (1Y)

3.62%

Diluted EPS (TTM)

3.78

Historical Charts for Stock Metrics

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

Net sales

Year	Q1	Q2	Q3	Q4
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

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

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>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
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

Try For Just $1.99

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
Apr 19, 2024	Maryland State Retirement & Pension System	reduced	-0.84	35,734	1,624,970	0.03%
Apr 19, 2024	State of Alaska, Department of Revenue	reduced	-0.93	434,000	3,123,000	0.04%
Apr 19, 2024	DENALI ADVISORS LLC	reduced	-61.11	-1,399	1,171	-%
Apr 19, 2024	Red Tortoise LLC	unchanged	-	703	4,786	-%
Apr 19, 2024	E&G Advisors, LP	unchanged	-	58,056	394,946	0.12%
Apr 18, 2024	FARMERS & MERCHANTS INVESTMENTS INC	unchanged	-	541	3,682	-%
Apr 18, 2024	Measured Wealth Private Client Group, LLC	added	2.22	115,506	697,783	0.24%
Apr 18, 2024	Allspring Global Investments Holdings, LLC	added	9.2	76,106	347,787	-%
Apr 18, 2024	SJS Investment Consulting Inc.	unchanged	-	236	1,607	-%
Apr 18, 2024	AFFINITY WEALTH MANAGEMENT LLC	unchanged	-	54,337	369,643	0.07%

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
Apr 05, 2024	DEFA14A	DEFA14A
Apr 05, 2024	DEF 14A	DEF 14A
Apr 04, 2024	ARS	ARS
Mar 14, 2024	4	Insider Trading
Mar 04, 2024	8-K	Current Report
Mar 01, 2024	424B5	Prospectus Filed
Feb 29, 2024	FWP	Prospectus Filed
Feb 27, 2024	424B5	Prospectus Filed
Feb 23, 2024	10-K	Annual Report
Feb 13, 2024	SC 13G/A	Major Ownership Report

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	1.0T	1.3B	-2.55%	3152.72%	-4.8K	761.86	-10.27%	-34.69%
AJG	51.5B	10.1B	-3.67%	14.30%	53.07	5.11	17.79%	-12.97%
AIG	51.1B	46.8B	-1.85%	45.43%	14.01	1.09	-14.05%	-64.38%
TRV	49.1B	42.9B	-4.51%	19.40%	15.64	1.14	13.52%	12.15%
AFL	48.2B	18.7B	-0.75%	26.60%	10.35	2.58	-2.30%	5.45%
ACGL	35.1B	13.6B	3.50%	30.93%	7.9	2.58	41.83%	201.02%
AFG	10.8B	7.8B	-1.75%	6.64%	12.66	1.38	11.18%	-5.12%
MID-CAP
UNM	9.9B	12.4B	-0.63%	27.96%	7.73	0.8	3.35%	-8.77%
AIZ	9.1B	11.1B	-2.83%	48.90%	14.12	0.82	9.21%	132.28%
LNC	4.8B	11.6B	-4.11%	34.83%	-6.38	0.41	-38.09%	-155.38%
AEL	4.4B	2.8B	-0.50%	50.39%	21.07	1.56	100.59%	-89.04%
SMALL-CAP
BRP	1.6B	1.2B	-6.29%	9.16%	-18.29	1.35	24.25%	-115.79%
AMSF	977.8M	306.9M	2.59%	-3.98%	15.74	3.19	4.11%	11.70%
AMBC	658.9M	269.0M	-3.83%	-6.54%	146.43	2.45	-46.68%	-99.14%
AAME	40.0M	186.8M	-29.50%	-15.74%	-233.85	0.21	-0.56%	-111.21%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	4.0%	326	314	290	311	315	296	287	293	338	326	337	329	370	375	364	329	388	380	395	364	331
Operating Expenses	-100.0%	-	113	108	107	-	41.00	27.00	59.00	-	164	141	168	-	214	407	148	-	163	185	147	-
EBITDA Margin	-	0.75*	-	0.83*	0.89*	0.93*	0.95*	0.85*	0.77*	0.69*	0.62*	0.60*	0.42*	0.43*	-	-	-	-	-	-	-	-
Interest Expenses	-15.5%	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	16.00
Income Taxes	-16.4%	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	37.00
Earnings Before Taxes	-10.5%	180	201	183	204	203	255	260	234	247	162	195	161	179	161	-42.22	181	206	218	210	216	176
EBT Margin	-3.9%	0.62*	0.64*	0.70*	0.76*	0.80*	0.82*	0.73*	0.65*	0.58*	0.51*	0.49*	0.32*	-	-	-	-	-	-	-	-	-
Net Income	-8.9%	143	157	146	158	162	198	201	181	193	126	155	126	148	135	-29.95	140	161	173	167	171	140
Net Income Margin	-4.0%	0.49*	0.51*	0.55*	0.60*	0.62*	0.64*	0.56*	0.51*	0.45*	0.41*	0.40*	0.26*	-	-	-	-	-	-	-	-	-
Free Cashflow	252.2%	265	75.00	68.00	113	102	101	56.00	113	150	123	119	149	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	2.9%	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	6,315
Cash Equivalents	-65.8%	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	107
Net PPE	-14.4%	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	-0.9%	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	2,826
Shareholder's Equity	5.9%	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	0.00
Retained Earnings	2.6%	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	1,720
Additional Paid-In Capital	-3.5%	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	2,725
Shares Outstanding	-1.5%	153	156	157	157	157	163	174	177	175	191	194	193	-	-	-	-	-	-	-	-	-
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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	252.2%	265	75.00	72.00	117	106	105	60.00	117	154	127	123	153	160	193	149	156	188	169	120	218	186
Cashflow From Investing	-12.1%	-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	-183
Cashflow From Financing	-1127.5%	-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	-10.18
Dividend Payments	-2.6%	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	1.00
Buy Backs	30.0%	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	0.00

RDN Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues
Net premiums earned (Note 8)	$ 919,578	$ 981,131	$ 1,037,183
Services revenue (Note 4)	46,092	92,216	125,825
Net investment income (Note 6)	258,430	195,658	147,909
Net gains (losses) on investments and other financial instruments (includes net realized gains (losses) on investments of $(10,733), $(8,306) and $20,842) (Note 6)	10,241	(80,733)	15,603
Other income	6,247	2,454	3,412
Total revenues	1,240,588	1,190,726	1,329,932
Expenses
Provision for losses	(42,526)	(338,239)	20,877
Policy acquisition costs	24,578	23,918	29,029
Cost of services	38,491	82,358	103,714
Other operating expenses	347,578	381,148	323,686
Interest expense	89,695	84,454	84,344
Impairment of goodwill (Note 2)	9,802	0	0
Amortization of other acquired intangible assets	5,483	4,308	3,450
Total expenses	473,101	237,947	565,100
Pretax income	767,487	952,779	764,832
Income tax provision (Note 10)	164,368	209,845	164,161
Net income	$ 603,119	$ 742,934	$ 600,671
Net income per share
Basic (in usd per share)	$ 3.81	$ 4.42	$ 3.19
Diluted (in usd per share)	$ 3.77	$ 4.35	$ 3.16
Weighted-average number of common shares outstanding—basic (in shares)	158,140	167,930	188,370
Weighted-average number of common and common equivalent shares outstanding—diluted (in shares)	160,133	170,664	190,263

RDN Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Investments
Fixed-maturities available for sale—at fair value (amortized cost of $5,599,111 and $5,587,261)	$ 5,188,228	$ 5,017,711
Trading securities—at fair value (amortized cost of $110,484 and $122,472)	106,423	115,665
Equity securities—at fair value (cost of $92,124 and $162,899)	89,057	148,965
Mortgage loans held for sale—at fair value	32,755	3,549
Other invested assets—at fair value	8,625	5,511
Short-term investments—at fair value (includes $149,364 and $99,735 of reinvested cash collateral held under securities lending agreements)	660,566	402,090
Total investments	6,085,654	5,693,491
Cash	18,999	56,183
Restricted cash	1,066	377
Accrued investment income	45,783	40,093
Accounts and notes receivable	123,857	119,834
Reinsurance recoverable (includes $59 and $18 for paid losses)	25,909	25,633
Deferred policy acquisition costs	18,718	18,460
Property and equipment, net (Note 2)	63,822	70,981
Goodwill and other acquired intangible assets, net (Note 2)	0	15,285
Prepaid federal income taxes (Note 10)	750,320	596,368
Other assets (Note 9)	459,805	427,024
Total assets	7,593,933	7,063,729
Liabilities
Unearned premiums	225,396	271,479
Reserve for losses and LAE (Note 11)	370,148	426,843
Senior notes (Note 12)	1,417,781	1,413,504
Secured borrowings (Note 12)	119,476	155,822
Reinsurance funds withheld	130,564	152,067
Net deferred tax liability (Note 10)	589,564	391,083
Other liabilities	343,199	333,604
Total liabilities	3,196,128	3,144,402
Commitments and contingencies (Note 13)
Stockholders’ equity
Common stock ($0.001 par value; 485,000 shares authorized; 2023: 173,247 and 153,179 shares issued and outstanding, respectively; 2022: 176,509 and 157,056 shares issued and outstanding, respectively)	173	176
Treasury stock, at cost (2023: 20,068 shares; 2022: 19,453 shares)	(945,870)	(930,643)
Additional paid-in capital	1,430,594	1,519,641
Retained earnings	4,243,759	3,786,952
Accumulated other comprehensive income (loss) (Note 15)	(330,851)	(456,799)
Total stockholders’ equity	4,397,805	3,919,327
Total liabilities and stockholders’ equity	$ 7,593,933	$ 7,063,729

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 Mon Apr 22 2024, market cap of Radian Group Inc is 4.53 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 Mon Apr 22 2024, RDN's PE ratio (Price to Earnings) is 7.52 and Price to Sales (PS) ratio is 3.65. 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 0.09 (multiply by 100 for percentage) rate of return.