Financial Services - Insurance - Specialty - NYSE - US
$ 34.63
0.698 %
$ 5.16 B
Market Cap
8.97
P/E
Radian Group Inc., together with its subsidiaries, engages in the mortgage and real estate services business in the United States. Its 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, and fulfillment solutions. This segment primarily serves mortgage originators, such as mortgage banks, commercial banks, savings institutions, credit unions, and community banks. The company's 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.[ Read More ]
The intrinsic value of one RDN stock under the base case scenario is HIDDEN Compared to the current market price of 34.6 USD, Radian Group Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart RDN
FINANCIALS
1.24 B
REVENUE
880 M
OPERATING INCOME
603 M
NET INCOME
529 M
OPERATING CASH FLOW
-301 M
INVESTING CASH FLOW
-265 M
FINANCING CASH FLOW
333 M
REVENUE
177 M
OPERATING INCOME
-304 M
NET INCOME
156 M
OPERATING CASH FLOW
425 M
INVESTING CASH FLOW
-115 M
FINANCING CASH FLOW
Balance Sheet Decomposition
Radian Group Inc.
| Current Assets | 1.72 B |
| Cash & Short-Term Investments | 19 M |
| Receivables | 150 M |
| Other Current Assets | 1.55 B |
| Non-Current Assets | 7.57 B |
| Long-Term Investments | 221 M |
| PP&E | 80.1 M |
| Other Non-Current Assets | 7.27 B |
| Current Liabilities | 496 M |
| Accounts Payable | 131 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 365 M |
| Non-Current Liabilities | 2.63 B |
| Long-Term Debt | 1.54 B |
| Other Non-Current Liabilities | 1.09 B |
EFFICIENCY
Earnings Waterfall
Radian Group Inc.
| Revenue | 1.24 B |
| Cost Of Revenue | 386 M |
| Gross Profit | 855 M |
| Operating Expenses | 1.24 B |
| Operating Income | 880 M |
| Other Expenses | 277 M |
| Net Income | 603 M |
RATIOS
68.88%
GROSS MARGIN
70.94%
OPERATING MARGIN
48.62%
NET MARGIN
13.71%
ROE
7.97%
ROA
11.65%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Radian Group Inc.
| Net Income | 603 M |
| Depreciation & Amortization | 79.1 M |
| Capital Expenditures | -16.3 M |
| Stock-Based Compensation | 41.1 M |
| Change in Working Capital | -286 M |
| Others | -357 M |
| Free Cash Flow | 513 M |
Wall Street Analysts Price Targets
Radian Group Inc.
Wall Street analysts predict an average 1-year price target for RDN of $29 , with forecasts ranging from a low of $21 to a high of $32 .
RDN Lowest Price Target
Wall Street Target
21 USD
-39.36%
RDN Average Price Target
Wall Street Target
29 USD
-16.26%
RDN Highest Price Target
Wall Street Target
32 USD
-7.59%
4. DIVIDEND ANALYSIS
0.71%
DIVIDEND YIELD
0.245 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Radian Group Inc.
Sold
0-3 MONTHS
5.55 M USD 5
3-6 MONTHS
7.12 M USD 8
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
2 months ago
Sep 05, 2024
|
Sell 1.24 M USD
|
Brummer Derek
President, Mortgage Insurance |
- 35153
|
35.3593 USD |
|
2 months ago
Aug 28, 2024
|
Sell 701 K USD
|
Dickerson Mary
Sr. EVP, CPO & COO |
- 19511
|
35.9318 USD |
|
2 months ago
Aug 27, 2024
|
Sell 267 K USD
|
Quigley Robert
EVP, Controller & CAO |
- 7500
|
35.65 USD |
|
2 months ago
Aug 27, 2024
|
Sell 1.92 M USD
|
Ray Eric
Sr. EVP, Chief Digital Officer |
- 53791
|
35.6738 USD |
|
2 months ago
Aug 23, 2024
|
Sell 1.42 M USD
|
Hoffman Edward J
Sr. EVP, General Counsel |
- 40000
|
35.533 USD |
|
3 months ago
Aug 08, 2024
|
Sell 131 K USD
|
Pandit Sumita
Sr. EVP - CFO |
- 3817
|
34.2303 USD |
|
5 months ago
May 23, 2024
|
Sell 627 K USD
|
Brummer Derek
President, Mortgage Insurance |
- 20000
|
31.3255 USD |
|
5 months ago
May 24, 2024
|
Sell 1.1 M USD
|
Brummer Derek
President, Mortgage Insurance |
- 35000
|
31.3306 USD |
|
5 months ago
May 23, 2024
|
Sell 2.03 M USD
|
Ray Eric
Sr. EVP, Chief Digital Officer |
- 65305
|
31.0505 USD |
|
5 months ago
May 23, 2024
|
Sell 2.32 M USD
|
McMahon Brien
Sr.EVP/Chief Franchise Officer |
- 74740
|
31.1028 USD |
|
5 months ago
May 23, 2024
|
Sell 187 K USD
|
Spiegel Noel Joseph
Director |
- 5895
|
31.8 USD |
|
5 months ago
May 23, 2024
|
Sell 300 K USD
|
Serio Gregory
Director |
- 9663
|
31.0389 USD |
|
5 months ago
May 23, 2024
|
Sell 340 K USD
|
CULANG HOWARD BERNARD
director, other: Non-Exec Chairman of the Board |
- 10804
|
31.4514 USD |
|
5 months ago
May 23, 2024
|
Sell 83.2 K USD
|
Mumford Lisa
Director |
- 2655
|
31.339 USD |
|
3 years ago
May 25, 2021
|
Bought 199 K USD
|
Dickerson Mary
Sr. EVP - CPO |
+ 8675
|
22.9105 USD |
|
1 year ago
Aug 17, 2023
|
Sell 102 K USD
|
Serio Gregory
Director |
- 3800
|
26.82 USD |
|
1 year ago
Aug 14, 2023
|
Sell 18 K USD
|
Hess Lisa W
Director |
- 655
|
27.525 USD |
|
1 year ago
Jun 05, 2023
|
Sell 779 K USD
|
Hoffman Edward J
Sr. EVP, General Counsel |
- 30000
|
25.98 USD |
|
1 year ago
May 30, 2023
|
Sell 73.1 K USD
|
Mumford Lisa
Director |
- 2830
|
25.82 USD |
|
1 year ago
May 24, 2023
|
Sell 178 K USD
|
Ray Eric
Sr. Exec Vice President |
- 7087
|
25.0678 USD |
|
1 year ago
May 19, 2023
|
Sell 283 K USD
|
Serio Gregory
Director |
- 11000
|
25.7249 USD |
|
1 year ago
May 19, 2023
|
Sell 835 K USD
|
Ray Eric
Sr. Exec Vice President |
- 32525
|
25.6691 USD |
|
1 year ago
May 19, 2023
|
Sell 184 K USD
|
Spiegel Noel Joseph
Director |
- 7079
|
26 USD |
|
1 year ago
May 19, 2023
|
Sell 337 K USD
|
CULANG HOWARD BERNARD
Director |
- 12975
|
26 USD |
|
1 year ago
May 10, 2023
|
Sell 446 K USD
|
Brummer Derek
President, Mortgage |
- 18000
|
24.7531 USD |
|
1 year ago
May 12, 2023
|
Sell 312 K USD
|
Brummer Derek
President, Mortgage |
- 12475
|
24.9741 USD |
|
1 year ago
Mar 03, 2023
|
Sell 544 K USD
|
Brummer Derek
President, Mortgage |
- 25000
|
21.7482 USD |
|
1 year ago
Mar 06, 2023
|
Sell 278 K USD
|
Brummer Derek
President, Mortgage |
- 12000
|
23.1665 USD |
|
1 year ago
Feb 28, 2023
|
Sell 216 K USD
|
Hoffman Edward J
Sr. EVP, General Counsel |
- 9990
|
21.61 USD |
|
1 year ago
Feb 28, 2023
|
Sell 283 K USD
|
Brummer Derek
President, Mortgage |
- 13130
|
21.568 USD |
|
1 year ago
Nov 25, 2022
|
Sell 640 K USD
|
McMahon Brien
Sr.EVP/Chief Franchise Officer |
- 32831
|
19.499 USD |
|
2 years ago
Sep 02, 2022
|
Sell 208 K USD
|
Hoffman Edward J
Sr. EVP, General Counsel |
- 10000
|
20.75 USD |
|
2 years ago
Jun 06, 2022
|
Sell 213 K USD
|
Hoffman Edward J
Sr. EVP, General Counsel |
- 10000
|
21.33 USD |
|
2 years ago
May 17, 2022
|
Sell 51.7 K USD
|
Mumford Lisa
director: |
- 2393
|
21.6 USD |
|
2 years ago
May 15, 2022
|
Sell 129 K USD
|
Spiegel Noel Joseph
director: |
- 5980
|
21.6 USD |
|
2 years ago
May 15, 2022
|
Sell 129 K USD
|
CULANG HOWARD BERNARD
director: |
- 5982
|
21.6 USD |
|
2 years ago
May 13, 2022
|
Sell 209 K USD
|
Hoffman Edward J
Sr. EVP, General Counsel |
- 10000
|
20.87 USD |
|
2 years ago
Nov 24, 2021
|
Sell 1.1 M USD
|
McMahon Brien
Sr.EVP/Chief Franchise Officer |
- 50920
|
21.644 USD |
|
2 years ago
Nov 23, 2021
|
Bought 433 K USD
|
Thornberry Richard G
Chief Executive Officer |
+ 20000
|
21.6494 USD |
|
3 years ago
Oct 01, 2021
|
Sell 76 K USD
|
Hoffman Edward J
Sr. EVP, General Counsel |
- 3333
|
22.81 USD |
|
3 years ago
Sep 02, 2021
|
Sell 337 K USD
|
Hoffman Edward J
Sr. EVP, General Counsel |
- 14364
|
23.44 USD |
|
3 years ago
Jul 01, 2021
|
Sell 247 K USD
|
Hoffman Edward J
Sr. EVP, General Counsel |
- 11030
|
22.42 USD |
|
3 years ago
May 25, 2021
|
Bought 206 K USD
|
Dickerson Mary
Exec. Vice President - CPO |
+ 8975
|
22.9105 USD |
|
3 years ago
May 20, 2021
|
Sell 89.7 K USD
|
Mumford Lisa
Director |
- 4000
|
22.435 USD |
|
3 years ago
May 14, 2021
|
Sell 439 K USD
|
WENDER HERBERT
Director |
- 19158
|
22.9283 USD |
|
3 years ago
May 14, 2021
|
Sell 228 K USD
|
CULANG HOWARD BERNARD
Director |
- 9962
|
22.8745 USD |
|
3 years ago
May 12, 2021
|
Sell 251 K USD
|
Hoffman Edward J
Sr. EVP, General Counsel |
- 11030
|
22.76 USD |
|
3 years ago
May 14, 2021
|
Sell 228 K USD
|
Spiegel Noel Joseph
Director |
- 9962
|
22.85 USD |
7. News
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 $0.245 per share, payable December 10, 2024, to stockholders of record as of November 25, 2024. About Radian Radian is ensuring the American dream of homeownership responsibly and sustainably through products and services that include industry-leading mortgage insurance and a comprehensive suite of mortgage, r.
businesswire.com
- 3 days ago
R3 and Radian to modernize title transfer and insurance process
-Using blockchain technology to bring much needed transparency and simplification to the US real estate market, helping to reduce risk and improve operational efficiency through secure and immutable transactions -Title customers can save up to 25%* on average on closing costs LONDON and WAYNE, Pa., Nov. 13, 2024 (GLOBE NEWSWIRE) -- R3, the financial markets digital solutions provider, and Radian (NYSE: RDN), the data-driven, tech-enabled mortgage and real estate services family of companies, have collaborated to modernize and improve the title insurance, closing, and settlement services process.
globenewswire.com
- 3 days ago
Radian (RDN) Upgraded to Buy: Here's What You Should Know
Radian (RDN) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
zacks.com
- 1 week ago
RDN or BBSEY: Which Is the Better Value Stock Right Now?
Investors with an interest in Insurance - Multi line stocks have likely encountered both Radian (RDN) and BB Seguridade Participacoes SA (BBSEY). But which of these two stocks offers value investors a better bang for their buck right now?
zacks.com
- 1 week ago
Radian Group Inc. (RDN) Q3 2024 Earnings Call Transcript
Radian Group Inc. (NYSE:RDN ) Q3 2024 Results Conference Call November 7, 2024 10:00 AM ET Company Participants Dan Kobell - Head-Investor Relations & Capital Management Rick Thornberry - Chief Executive Officer Sumita Pandit - Chief Financial Officer Derek Brummer - President, Radian Mortgage Insurance Conference Call Participants Alex Bond - KBW Mihir Bhatia - Bank of America Scott Heleniak - RBC Capital Markets Operator Good day, and thank you for standing by. Welcome to the Third Quarter 2024 Radian Group Earnings Conference Call.
seekingalpha.com
- 1 week ago
Radian Group Q3 Earnings Beat Estimates on Higher Revenues
RDN's Q3 results reflect solid performance in the All Other segment and higher primary mortgage insurance in force, partially offset by higher expenses.
zacks.com
- 1 week ago
Radian (RDN) Q3 Earnings Beat Estimates
Radian (RDN) came out with quarterly earnings of $1.03 per share, beating the Zacks Consensus Estimate of $0.88 per share. This compares to earnings of $1.04 per share a year ago.
zacks.com
- 1 week ago
Radian Announces Third Quarter 2024 Financial Results
WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) today reported net income for the quarter ended September 30, 2024, of $152 million, or $0.99 per diluted share. This compares with net income for the quarter ended September 30, 2023, of $157 million, or $0.98 per diluted share. Adjusted pretax operating income for the quarter ended September 30, 2024, was $199 million, or $1.03 per diluted share. This compares with adjusted pretax operating income for the quarter ended September 30, 2.
businesswire.com
- 1 week ago
Radian Exceeds Fundraising Goal for MBA Opens Doors Foundation with Record-Breaking Campaign
WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) today announced that its annual “Opens Doors Opens Hearts” fundraising campaign achieved an all-time record of nearly $475,000 to benefit the MBA Opens Doors Foundation, which provides mortgage and rental assistance to families caring for a critically ill or injured child. This year, the company's seventh annual “Opens Doors Opens Hearts” campaign received more than $158,000 in donations, significantly exceeding its $100,000 goal. With.
businesswire.com
- 1 week ago
Positive Trial Data on Symplicity RDN System Likely to Support MDT Stock
Medtronic announces new long-term favorable data for its Symplicity Spyral RDN system, which has undergone a SPYRAL HTN-ON MED clinical trial.
zacks.com
- 2 weeks ago
Radian Group Stock Rises 24.3% YTD: Can It Maintain the Upside?
RDN stock rallies on the back of an improving mortgage insurance portfolio, declining claims, a solid capital position and effective capital deployment.
zacks.com
- 1 month ago
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 7, 2024, at 10:00 a.m. Eastern time to discuss the company's third quarter 2024 results, which will be announced after the market closes on Wednesday, November 6, 2024. The conference call will be webcast live on the company's website at https://radian.com/who-we-are/for-investors/webcasts or at www.radian.com. The webcast is listen-only. Those interested in parti.
businesswire.com
- 1 month ago
8. Profile Summary
Radian Group Inc. RDN
COUNTRY
US
INDUSTRY
Insurance - Specialty
MARKET CAP
$ 5.16 B
Dividend Yield
0.71%
Description
Radian Group Inc., together with its subsidiaries, engages in the mortgage and real estate services business in the United States. Its 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, and fulfillment solutions. This segment primarily serves mortgage originators, such as mortgage banks, commercial banks, savings institutions, credit unions, and community banks. The company's 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. The company was founded in 1977 and is headquartered in Wayne, Pennsylvania.
Contact
550 East Swedesford Road, Wayne, PA, 19087
https://www.radian.com
IPO Date
Oct. 30, 1992
Employees
1100
Officers
Mr. Eric R. Ray
Senior EVice President & Chief Digital Officer
Ms. Jill L. Cadwell
Senior Vice President of Settlement Services Operations
Mr. Steve Gaenzler CFA
Senior Vice President of Data and Analytics
Mr. Peter Danna CFA, FRM
Senior Vice President of Structured Products
Ms. Sumita Pandit
Chief Financial Officer & Senior EVice President
Mr. Robert James Quigley
Executive Vice President, Corporate Controller & Chief Accounting Officer
Ms. Mary Creedon Dickerson
Senior EVice President and Chief People & Operating Officer
Mr. John W. Damian
Senior Vice President of Corporate Development & Investor Relations
Ms. Emily S. Riley
Executive Vice President & Chief of Staff to the Chief Executive Officer
Dr. Clifford V. Rossi
Chief Economist & Senior Vice President