Radian Group Inc., through its subsidiaries, provides mortgage and real estate products and services in the United States. It operates through two segments, Mortgage Insurance and Services. The Mortgage Insurance segment offers credit-related insurance coverage, primarily through private mortgage insurance, as well as other credit risk management solutions to mortgage lending institutions; and primary mortgage insurance coverage on residential first-lien mortgage loans. This segment primarily serves mortgage bankers, commercial banks, savings institutions, credit unions and community banks. The Services segment offers mortgage services, including transaction management services, such as loan review, residential mortgage-backed securities securitization and distressed asset reviews, servicer and loan surveillance, and underwriting; and real estate services comprising real estate owned asset management, review and valuation services related to single family rental properties, real estate valuation services, and real estate brokerage services, as well as title and settlement services that include title search, settlement, and closing services. This segment provides its mortgage and real estate services to mortgage lenders, financial institutions, mortgage and real estate investors, government entities, and others. The company was founded in 1977 and is headquartered in Philadelphia, Pennsylvania.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Surety insurance
Sub-IndustryThrifts & Mortgage Finance
SectorFinance
SymbolNYSE:RDN
CUSIP75023610
Phone215-231-1000
Debt
Debt-to-Equity Ratio0.32
Current Ratio1.48
Quick Ratio1.48
Price-To-Earnings
Trailing P/E Ratio10.96
Forward P/E Ratio8.02
P/E Growth1.59
Sales & Book Value
Annual Sales$1.22 billion
Price / Sales3.48
Cash Flow$3.1433 per share
Price / Cash6.35
Book Value$13.92 per share
Price / Book1.43
Profitability
EPS (Most Recent Fiscal Year)$1.82
Net Income$121.08 million
Net Margins31.87%
Return on Equity16.10%
Return on Assets8.25%
Miscellaneous
Employees1,887
Outstanding Shares213,290,000
Market Cap$4.22 billion
Radian Group (NYSE:RDN) Frequently Asked Questions
What is Radian Group's stock symbol?
Radian Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "RDN."
How often does Radian Group pay dividends? What is the dividend yield for Radian Group?
Radian Group declared a quarterly dividend on Thursday, August 16th. Shareholders of record on Monday, August 27th will be paid a dividend of $0.0025 per share on Friday, September 7th. This represents a $0.01 dividend on an annualized basis and a yield of 0.05%. View Radian Group's Dividend History.
How will Radian Group's stock buyback program work?
Radian Group declared that its board has initiated a share buyback program on Thursday, August 10th 2017, which allows the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 1.3% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's board of directors believes its stock is undervalued.
How were Radian Group's earnings last quarter?
Radian Group Inc (NYSE:RDN) announced its quarterly earnings data on Thursday, July, 26th. The insurance provider reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.09. The insurance provider had revenue of $319.30 million for the quarter, compared to analysts' expectations of $320.34 million. Radian Group had a net margin of 31.87% and a return on equity of 16.10%. Radian Group's revenue for the quarter was up 5.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.48 earnings per share. View Radian Group's Earnings History.
When is Radian Group's next earnings date?
What price target have analysts set for RDN?
12 brokerages have issued 1 year price targets for Radian Group's stock. Their forecasts range from $17.00 to $28.00. On average, they expect Radian Group's share price to reach $23.5250 in the next twelve months. This suggests a possible upside of 17.9% from the stock's current price. View Analyst Price Targets for Radian Group.
What is the consensus analysts' recommendation for Radian Group?
12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Radian Group in the last year. There are currently 4 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Radian Group.
What are Wall Street analysts saying about Radian Group stock?
Here are some recent quotes from research analysts about Radian Group stock:
- 1. According to Zacks Investment Research, "Radian Group is poised for growth on expansive mortgage and real estate service offerings, declining delinquency, lower levels of paid claims and an improving risk-based capital ratio. It is restructuring its business by intensifying focus on core business and services with higher-growth potential besides more predictable and recurring fee-based revenues. Radian intends to position its Service segment for continued profitability. EBITDA margin for the Services segment is still expected in the 10-15% range and earnings to grow an annual run rate of $150-$175 million, beginning in the second half of 2018. However, stricter regulations, rising mortgage rates and a competitive market pose as risks. Shares of Radian have underperformed the insurance industry year to date. Also, the company witnessed its 2018 and 2019 estimates move south over the last 60 days." (7/17/2018)
- 2. BTIG Research analysts commented, "Noise Should Enable Rally in RDN Shares to Continue With the impact of the restructuring of Radian Group’s (RDN) underperforming Mortgage and Real Estate Services unit having been absorbed by the market and baked into the stock’s valuation, the 3Q17 report the company released this morning returned the focus to its core mortgage insurance business." (10/29/2017)
Are investors shorting Radian Group?
Radian Group saw a decline in short interest during the month of July. As of July 13th, there was short interest totalling 1,675,237 shares, a decline of 36.0% from the June 29th total of 2,616,801 shares. Based on an average trading volume of 1,275,846 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.8% of the company's shares are short sold. View Radian Group's Current Options Chain.
Who are some of Radian Group's key competitors?
Who are Radian Group's key executives?
Radian Group's management team includes the folowing people:
- Mr. Richard G. Thornberry, CEO & Director (Age 60)
- Mr. J. Franklin Hall, Sr. Exec. VP & CFO (Age 50)
- Mr. Edward J. Hoffman, Sr. Exec. VP, Gen. Counsel, Corp. Sec. & Corp. Responsibility Officer (Age 44)
- Mr. Derek V. Brummer, Sr. Exec. VP of Mortgage Insurance & Risk Services (Age 47)
- Mr. Brien Joseph McMahon, Sr. EVP & Chief Franchise Officer (Age 58)
Has Radian Group been receiving favorable news coverage?
News coverage about RDN stock has been trending somewhat positive this week, Accern reports. The research firm rates the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Radian Group earned a news and rumor sentiment score of 0.03 on Accern's scale. They also assigned media headlines about the insurance provider an impact score of 49.91 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future. View Recent Headlines for Radian Group.
Who are Radian Group's major shareholders?
Radian Group's stock is owned by a variety of of retail and institutional investors. Top institutional investors include FMR LLC (8.45%), BlackRock Inc. (7.06%), LSV Asset Management (4.72%), Putnam Investments LLC (4.15%), Canada Pension Plan Investment Board (2.36%) and Investec Asset Management LTD (1.95%). Company insiders that own Radian Group stock include Bazemore Teresa Bryce, Catherine Mary Jackson, Derek Brummer, Edward J Hoffman, Herbert Wender, J Franklin Hall, Richard Altman, Richard G Thornberry and Sanford A Ibrahim. View Institutional Ownership Trends for Radian Group.
Which major investors are selling Radian Group stock?
RDN stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Vaughan Nelson Investment Management L.P., FMR LLC, Boston Partners, Point72 Asset Management L.P., SG Americas Securities LLC, Russell Investments Group Ltd. and Bank of America Corp DE. View Insider Buying and Selling for Radian Group.
Which major investors are buying Radian Group stock?
RDN stock was acquired by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, Segall Bryant & Hamill LLC, Capital Fund Management S.A., BlackRock Inc., Millennium Management LLC, Formula Growth Ltd., Wolverine Asset Management LLC and Thompson Siegel & Walmsley LLC. Company insiders that have bought Radian Group stock in the last two years include Derek Brummer, Herbert Wender, J Franklin Hall and Richard G Thornberry. View Insider Buying and Selling for Radian Group.
How do I buy shares of Radian Group?
Shares of RDN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Radian Group's stock price today?
One share of RDN stock can currently be purchased for approximately $19.96.
How big of a company is Radian Group?
Radian Group has a market capitalization of $4.22 billion and generates $1.22 billion in revenue each year. The insurance provider earns $121.08 million in net income (profit) each year or $1.82 on an earnings per share basis. Radian Group employs 1,887 workers across the globe.
How can I contact Radian Group?
Radian Group's mailing address is 1500 Market Street, Philadelphia PA, 19102. The insurance provider can be reached via phone at 215-231-1000 or via email at [email protected]
MarketBeat Community Rating for Radian Group (NYSE RDN)
MarketBeat's community ratings are surveys of what our community members think about Radian Group and other stocks. Vote "Outperform" if you believe RDN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RDN will underperform the S&P 500 over the long term. You may vote once every thirty days.
