Radian Group Inc.

RDN

$36.81

+0.88%

2026-09-03 16:00:02 EDT+$0.32

Financial Services

Insurance - Specialty

NYSE

Active Trading

Operating across the United States, Radian Group Inc. and its various subsidiaries are key players in the mortgage and real estate services ...

Price Action of RDN

$36.81

+0.88%+$0.32

High—

Low—

52W High-9.7%

Rel. vol—

Interval

Range6.2h

Volume—SMA5SMA10

—

Radian Group Inc. (NYSE: RDN) is a prominent credit enhancement company headquartered in Wayne, Pennsylvania. Founded in 1977, the company operates primarily through two segments: Mortgage and Homegenius. The Mortgage segment provides private mortgage insurance and credit risk management services to mortgage originators, including banks, credit unions, and community lenders. ...Radian Group Inc. (NYSE: RDN) is a prominent credit enhancement company headquartered in Wayne, Pennsylvania. Founded in 1977, the company operates primarily through two segments: Mortgage and Homegenius. The Mortgage segment provides private mortgage insurance and credit risk management services to mortgage originators, including banks, credit unions, and community lenders. Homegenius offers a comprehensive suite of title, settlement, valuation, and asset management services, along with advanced real estate technology products like SaaS solutions. With a workforce of approximately 900 employees, Radian serves a diverse client base including consumers, lenders, investors, and government-sponsored enterprises. Financially, the company boasts strong profitability with a net profit margin of 32.5% and a return on equity of 11.3%. It has a market capitalization of $4.9 billion, with a price-to-earnings ratio of 9.3 and a dividend yield of 2.8%. CEO Rick Thornberry leads the company, which recently acquired Inigo Ltd., a London-based specialty re/insurer, expanding its global reach. Radian is committed to promoting homeownership and driving innovation in real estate transactions.ExpandCollapse

Founded

1977

Employees

900

CEO

Richard Gerald Thornberry

Full Name

Radian Group Inc.

Sector

Financial Services

Industry

Insurance - Specialty

ROE

11.26%

Market Cap

$4.89B

Current Ratio

0.03

WACC

7.27%

ROIC

-20.69%

Contact Information

https://www.radian.com

215 231 1000

550 East Swedesford Road, Wayne, PA 19087

Key Metrics of RDN

Snapshot

Latest / TTM · 6 periods

Market Cap

$4.89B

ROCE

10.1%

EV / EBITDA

7.54x

-1.9% YoY

FCF Yield

34.2%

+31.9% YoY

Cash Conversion Cycle

179.3d

Current Ratio

0.03

Quick take

TTM —

Current ratio below 1.0

Negative working capital

Financial Highlights of RDN

Profitability trend

Latest / TTM · 6 periods

Gross Margin

79.4%

Net Margin

32.5%

P/E Ratio

9.30x

n/a

Debt / Equity

0.26

n/a

Current Ratio

0.03

Dividend Yield

2.8%

Understanding

TTM —

Current ratio below 1.0

Calendar of RDN

Upcoming

Sep 9, 2026In 5 days
Dividend payment
$1.02 per share
Sep 30, 2026In 26 days
Q3 FY2026 · Estimated results
Est. EPS $1.20 · Revenue $592.58M · 3 analysts
Dec 30, 2026
Q4 FY2026 · Estimated results
Est. EPS $1.24 · Revenue $589.22M · 3 analysts
Dec 31, 2026
FY2026 · Estimated annual results
Est. EPS $4.74 · Revenue $2.16B · 3 analysts

Recent history

Aug 24, 2026
Ex-dividend date
$1.02 per share
Aug 7, 2026
Q2 FY2026 · Results reported
EPS $0.85 · Revenue $574.96M
View filing
May 8, 2026
Q1 FY2026 · Results reported
EPS $0.90 · Revenue $466.34M
View filing
Feb 20, 2026
FY2025 · Annual results
EPS $4.14 · Revenue $1.25B
View filing
Nov 6, 2025
Q3 FY2025 · Results reported
EPS $1.03 · Revenue $310.74M
View filing
Aug 1, 2025
Q2 FY2025 · Results reported
EPS $1.02 · Revenue $317.82M
View filing

Financial Statements of RDN

5Y Trend (Revenue, Earnings, FCF)

Metric	Latest	YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.	QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).	$1.2B	-3.4%	+23.3%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.	$582.8M	-3.6%	-6.6%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.	+92.3%	-3.0%	-14.0%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).	+61.2%	+2.4%	-29.6%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.	+46.7%	-0.2%	-24.2%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.	$115.7M	+117.3%	+120.6%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.	+9.3%	+118.0%	+78.9%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.	23.7%	-53.3%	+7.3%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.	4.28x	-90.0%	—
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.	$8.1B	-6.3%	+3.5%

Actual vs Estimate

A Dec 31Q Sep 30

Metric	Annual (A vs E)	Annual Surprise	Quarter (A vs E)	Quarter Surprise
EPS Surprise	4.14 vs 4.25	-2.6%	0.85 vs 1.20	-29.4%
Revenue Surprise	$1.2B vs $1.2B	+2.1%	$575.0M vs $592.6M	-3.0%

Insider Transactions of RDN

Acquisitions (A)

Since May 29, 2026

Disposals (D)

Since May 29, 2026

Monthly shares of acquisitions/disposals with close price trend (shared daily price source)

Insider Trading Snapshot

Date	Executive	Title	Security	Side	Shares	Price
Aug 12, 2026	McCarthy Barry C	director	Restricted Stock Units - Time-based Award	A	3,427	—
Aug 10, 2026	McCarthy Barry C	director:	—	—	0	—
Jul 14, 2026	Hoffman Edward J	officer: Sr EVP, General Counsel	Common Stock	D	20,000	$39.00
Jun 17, 2026	CULANG HOWARD BERNARD	director, other: Non-Exec Chairman of the Board	Dividend Equivalent Rights	A	521	—
Jun 3, 2026	Bartholomew Meghan	officer: Sr. EVP, Co-Head of MI	Common Stock	D	1	$34.68

Earnings Call Transcript of RDN

1 transcript segments

Q2 2026

Unknown Speaker

Operator : Good day, and thank you for standing by. Welcome to the Second Quarter 2026 Radian Group Earnings Conference Call. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your first speaker today, Robert Lally, VP of Finance. Please go ahead. Robert Lally : Thank you, and welcome to Radian's Second Quarter 2026 Conference Call. Our press release, which contains Radian's financial results for the quarter, was issued yesterday evening and is posted to the Investors section of our website at radian.com. This press release includes certain non-GAAP measures that may be discussed during today's call, including adjusted pretax operating income, adjusted diluted net operating income per share and adjusted net operating return on equity. A complete description of all our non-GAAP measures may be found in press release Exhibit F and reconciliations to these measures to the most comparable GAAP measures may be found in press release exit. These exhibits are on the Investors section of our website. Today, you will hear from Rick Thornberry, Radian's Chief Executive Officer; Mike Weinbach, Radian's CEO-elect; and Dan Kobell, Senior Executive Vice President and Interim Chief Financial Officer. Before we begin, I'd like to remind you that comments made during this call will include forward-looking statements. These statements are based on current expectations, estimates, projections, and assumptions that are subject to risks and uncertainties, which may cause actual results to differ materially. For more information regarding these risks and uncertainties as well as certain additional risks that Radian faces, you should refer to the risk factors included in our 2025 Form 10-K as well as subsequent reports filed with the SEC. These are also available on our website. Now I would like to turn the call over to Rick. Richard Thornberry : Thank you all for joining us today. Before discussing our second quarter results, I'd like to highlight another important milestone at Radian's strategic transformation. When we announced our agreement to acquire Intego in September last year, we also outlined a clear strategic path forward, transforming Radian from a leading U.S. mortgage insurer into a global multiline specialty insurer, while divesting non-core businesses and becoming a more focused insurance organization. Since then, we have successfully closed the Intego acquisition and integrated the business into our organization and we have taken definitive action to complete the divestitures, including completing the sale of our real estate services business this week, entering into an agreement to sell our title business, and earlier this year, exiting the mortgage conduit business. Together, these actions have sharpened our focus on insurance, expanded our product set, simplified our portfolio, reduce organizational complexity, and delivered on the key strategic actions we outlined less than a year ago. …

Leadership Team of RDN

11 executives

Name	Title	Compensation	Gender	Year Born	Status
Richard Gerald Thornberry	Chief Executive Officer & Director	USD 4,233,620	Male	1958	Active
Edward Franklin Hoffman	Senior Executive Vice President & General Counsel	USD 1,515,810	Male	1974	Active
Mary Creedon Dickerson	Senior EVP and Chief People & Operating Officer	USD 1,447,401	Female	1973	Active
Eric R. Ray	Senior EVP & Chief Digital Officer	USD 1,256,035	Male	1962	Active
Robert James Quigley	Senior EVP & Chief Accounting Officer	USD 769,608	Male	1973	Active
Daniel Ephraim Kobell	Senior EVP & Interim CFO	—	Male	1980	Active
Jason Lenzini	Chief Investment Officer, Senior Vice President & Treasurer	—	—	—	Active
Clifford V. Rossi	Chief Economist & Senior Vice President	—	—	—	Active
John W. Damian	Senior Vice President of Corporate Development & Investor Relations	—	Male	—	Active
Emily S. Riley	Executive Vice President & Chief of Staff to the Chief Executive Officer	—	Female	—	Active
Robert Lally	Vice President of Finance & Investor Relations	—	—	—	Active

Recent News of RDN

Zacks Investment Research2 days agoNeutral

RDN's Underwriting Discipline Key to Navigating Softer Pricing

Radian Group's disciplined specialty underwriting and diversification help offset softer pricing as competition increases.

Defense World5 days agoNeutral

Connor Clark & Lunn Investment Management Ltd. Acquires New Stake in Radian Group Inc. $RDN

Connor Clark and Lunn Investment Management Ltd. bought a new stake in shares of Radian Group Inc. (NYSE: RDN) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 55,999 shares of the insurance provider's stock, valued at approximately $2,109,000. Several other institutional

Defense World8/23/2026Neutral

Deutsche Bank AG Makes New Investment in Radian Group Inc. $RDN

Deutsche Bank AG bought a new stake in shares of Radian Group Inc. (NYSE: RDN) during the undefined quarter, according to the company in its most recent disclosure with the SEC. The fund bought 346,985 shares of the insurance provider's stock, valued at approximately $13,071,000. Deutsche Bank AG owned approximately 0.26% of Radian

Seeking Alpha8/14/2026Neutral

Dividend Champion, Contender, And Challenger Highlights: Week August 16

A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates.

GuruFocus8/13/2026Neutral

Mike Weinbach Assumes CEO Role at Radian and Joins Board of Directors

Radian Group Inc. (NYSE: RDN) announced that, effective today, Mike Weinbach has assumed the role of Chief Executive Officer and joined its Board of Directors,

Historical Employee Count of RDN

Current

900

Change

-10.00%

Minimum

900

Maximum

1,800

Recent Filings

Report Date	Employees	Form Type	Filing Date	SEC Filing
Dec 31, 2025	900	10-K	Feb 20, 2026	View
Dec 31, 2024	1,000	10-K	Feb 14, 2025	View
Dec 31, 2023	1,100	10-K	Feb 23, 2024	View
Dec 31, 2022	1,400	10-K	Feb 24, 2023	View
Dec 31, 2021	1,800	10-K	Feb 25, 2022	View

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Radian Group Inc.