Radian Group (RDN)
(Delayed Data from NYSE)
$34.37 USD
+0.13 (0.38%)
Updated Oct 2, 2024 04:00 PM ET
After-Market: $34.37 0.00 (0.00%) 5:48 PM ET
3-Hold of 5 3
C Value F Growth B 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 All Other.
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 ...
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 All Other.
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.
Effective since the first quarter of 2024, Radian Group has included the individual results of operations for Title, Real Estate Services and Real Estate Technology businesses, as well as the results of the Mortgage Conduit business in the All Other category, along with certain corporate and other activities.
In the All Other category, Radian Group reports activities that include income (losses) from assets held by Radian Group, holding company; related general corporate operating expenses not attributable or allocated to reportable segment; and the operating results from certain other immaterial activities and operating segments. The other immaterial businesses that are reported collectively as All Other provide the existing and new customers with an array of products and services across the residential real estate and mortgage finance industries.
Radian Group 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 | 9/30/2024 |
Exp Earnings Date | 11/6/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.88 |
Current Year EPS Consensus Estimate | 3.75 |
Estimated Long-Term EPS Growth Rate | 5.00 |
Exp Earnings Date | 11/6/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 34.24 |
52 Week High | 37.86 |
52 Week Low | 24.56 |
Beta | 1.05 |
20 Day Moving Average | 1,040,552.38 |
Target Price Consensus | 36.21 |
4 Week | -4.01 |
12 Week | 9.71 |
YTD | 19.93 |
4 Week | -7.03 |
12 Week | 7.18 |
YTD | 0.21 |
Shares Outstanding (millions) | 150.42 |
Market Capitalization (millions) | 5,150.34 |
Short Ratio | NA |
Last Split Date | 6/21/2001 |
Dividend Yield | 2.86% |
Annual Dividend | $0.98 |
Payout Ratio | 0.24 |
Change in Payout Ratio | 0.05 |
Last Dividend Payout / Amount | 8/26/2024 / $0.25 |
Fundamental Ratios
P/E (F1) | 9.13 |
Trailing 12 Months | 8.52 |
PEG Ratio | 1.83 |
vs. Previous Year | 8.79% |
vs. Previous Quarter | -3.88% |
vs. Previous Year | 10.58% |
vs. Previous Quarter | 0.54% |
Price/Book | 1.15 |
Price/Cash Flow | 7.49 |
Price / Sales | 4.02 |
9/30/24 | Pending Next EPS Report |
6/30/24 | 14.43 |
3/31/24 | 14.52 |
9/30/24 | Pending Next EPS Report |
6/30/24 | 8.17 |
3/31/24 | 8.30 |
9/30/24 | Pending Next EPS Report |
6/30/24 | 1.84 |
3/31/24 | 1.80 |
9/30/24 | Pending Next EPS Report |
6/30/24 | 1.84 |
3/31/24 | 1.80 |
9/30/24 | Pending Next EPS Report |
6/30/24 | 49.14 |
3/31/24 | 49.76 |
9/30/24 | Pending Next EPS Report |
6/30/24 | 47.05 |
3/31/24 | 47.74 |
9/30/24 | Pending Next EPS Report |
6/30/24 | 59.84 |
3/31/24 | 60.87 |
9/30/24 | Pending Next EPS Report |
6/30/24 | 29.77 |
3/31/24 | 29.30 |
9/30/24 | NA |
6/30/24 | NA |
3/31/24 | NA |
9/30/24 | Pending Next EPS Report |
6/30/24 | 0.45 |
3/31/24 | 0.39 |
9/30/24 | Pending Next EPS Report |
6/30/24 | 30.84 |
3/31/24 | 27.93 |