Radian Group (RDN)
(Delayed Data from NYSE)
$29.29 USD
-0.04 (-0.14%)
Updated Apr 18, 2024 04:00 PM ET
After-Market: $29.27 -0.02 (-0.07%) 7:58 PM ET
4-Sell of 5 4
C Value F Growth D Momentum D VGM
Company Summary
Founded in 1977 and headquartered in Philadelphia, PA, Radian Group Inc. is a credit enhancement company which supports homebuyers, mortgage lenders, loan servicers and investors with a suite of private mortgage insurance and related risk-management products and services. Radian trades on the New York Stock Exchange under the symbol RDN.
The company had two business segments — Mortgage Insurance and Mortgage and Real Estate Services.
Mortgage Insurance (98.8% of 2023 Net Premium Earned) – This segment provides credit-related insurance coverage, principally through private mortgage insurance and risk management services, to mortgage lending institutions. The company ...
Company Summary
Founded in 1977 and headquartered in Philadelphia, PA, Radian Group Inc. is a credit enhancement company which supports homebuyers, mortgage lenders, loan servicers and investors with a suite of private mortgage insurance and related risk-management products and services. Radian trades on the New York Stock Exchange under the symbol RDN.
The company had two business segments — Mortgage Insurance and Mortgage and Real Estate Services.
Mortgage Insurance (98.8% of 2023 Net Premium Earned) – This segment provides credit-related insurance coverage, principally through private mortgage insurance and risk management services, to mortgage lending institutions. The company conducts mortgage insurance business primarily through Radian Guaranty, its principal mortgage insurance subsidiary. Mortgage insurance is of immense importance in the U.S. housing finance system as it offers home ownership at affordable rates and pacify risks related to residential mortgage loans. In 2021, service revenues in the segment increased 19.6% year over year to $17.7 million.
During the second quarter of 2021, Radian introduced homegenius that replaced its former Real Estate segment. Renaming the segment was in line with aligning with updates to branding strategy for the segment’s products and services. The homegenius business segment (1.2%) encompasses a suite of existing and emerging digital products and services that leverage big data and analytics and are powered by advanced technology to serve real estate agents, lenders, investors and consumers across the real estate ecosystem.
The company made a series of acquisitions to enhance its product offerings. In 2018, it acquired the businesses of EnTitle Direct (in March) and Independent Settlement Services (in November), as well as the assets of Five Bridges (in December), to enhance its product offerings.
General Information
Radian Group Inc
550 East Swedesford Road Suite 350
Wayne, PA 19087
Phone: 215-231-1000
Fax: 302-636-5454
Email: john.damian@radian.com
| Industry | Insurance - Multi line |
| Sector | Finance |
| Fiscal Year End | December |
| Last Reported Quarter | 3/31/2024 |
| Earnings Date | 5/1/2024 |
EPS Information
| Current Quarter EPS Consensus Estimate | 0.83 |
| Current Year EPS Consensus Estimate | 3.27 |
| Estimated Long-Term EPS Growth Rate | 5.00 |
| Earnings Date | 5/1/2024 |
Price and Volume Information
| Zacks Rank |  |
| Yesterday's Close | 29.33 |
| 52 Week High | 33.69 |
| 52 Week Low | 22.94 |
| Beta | 1.02 |
| 20 Day Moving Average | 926,703.69 |
| Target Price Consensus | 30.50 |
| 4 Week | -10.61 |
| 12 Week | 0.51 |
| YTD | 2.73 |
| 4 Week | -7.00 |
| 12 Week | -2.56 |
| YTD | -2.43 |
| Shares Outstanding (millions) | 151.51 |
| Market Capitalization (millions) | 4,443.76 |
| Short Ratio | NA |
| Last Split Date | 6/21/2001 |
| Dividend Yield | 3.34% |
| Annual Dividend | $0.98 |
| Payout Ratio | 0.23 |
| Change in Payout Ratio | 0.06 |
| Last Dividend Payout / Amount | 2/23/2024 / $0.25 |
Fundamental Ratios
| P/E (F1) | 8.98 |
| Trailing 12 Months | 7.54 |
| PEG Ratio | 1.80 |
| vs. Previous Year | -8.57% |
| vs. Previous Quarter | -7.69% |
| vs. Previous Year | 4.42% |
| vs. Previous Quarter | 4.82% |
| Price/Book | 1.02 |
| Price/Cash Flow | 6.42 |
| Price / Sales | 3.57 |
| 3/31/24 | NA |
| 12/31/23 | 14.75 |
| 9/30/23 | 15.63 |
| 3/31/24 | NA |
| 12/31/23 | 8.42 |
| 9/30/23 | 8.83 |
| 3/31/24 | NA |
| 12/31/23 | 1.65 |
| 9/30/23 | 1.43 |
| 3/31/24 | NA |
| 12/31/23 | 1.65 |
| 9/30/23 | 1.43 |
| 3/31/24 | NA |
| 12/31/23 | 49.92 |
| 9/30/23 | 51.97 |
| 3/31/24 | NA |
| 12/31/23 | 48.51 |
| 9/30/23 | 50.66 |
| 3/31/24 | NA |
| 12/31/23 | 61.87 |
| 9/30/23 | 64.34 |
| 3/31/24 | NA |
| 12/31/23 | 28.71 |
| 9/30/23 | 26.38 |
| 3/31/24 | NA |
| 12/31/23 | NA |
| 9/30/23 | NA |
| 3/31/24 | NA |
| 12/31/23 | 0.35 |
| 9/30/23 | 0.40 |
| 3/31/24 | NA |
| 12/31/23 | 25.90 |
| 9/30/23 | 28.54 |