Radian Group Inc.
NYSE•RDN
CEO: Mr. Richard Gerald Thornberry CPA
Sector: Financial Services
Industry: Insurance - Specialty
Listing Date: 1992-10-30
Radian Group Inc., together with its subsidiaries, engages in the mortgage and real estate services business in the United States. It operates through two segments, Mortgage Insurance and Homegenius segments. The Mortgage Insurance segment aggregates, manages, and distributes U.S. mortgage credit risk for mortgage lending institutions and mortgage credit investors, through private mortgage insurance on residential first-lien mortgage loans; and other credit risk management solutions, including contract underwriting. The Homegenius segment offers title services, including a suite of insurance and non-insurance titles; tax and title data, centralized recording, document retrieval, and default curative title services; deed and property reports; closing and settlement services; mortgage underwriting and processing; escrow; appraisal management; and real estate brokerage. This segment also provides real estate valuation products and services; asset management services for managing real estate owned properties, which includes a web-based workflow solution; and a suite of real estate technology products and services to facilitate real estate transactions, such as proprietary platforms as a service solution. It serves mortgage originators, such as mortgage bankers, commercial banks, savings institutions, credit unions, and community banks; and consumers, mortgage lenders, mortgage and real estate investors, government-sponsored enterprises, real estate brokers and agents, and corporations for their employees. The company was formerly known as CMAC Investment Corp. and changed its name to Radian Group Inc. in June 1999. Radian Group Inc. was founded in 1977 and is headquartered in Wayne, Pennsylvania.
Contact Information
Market Cap
$4.94B
P/E (TTM)
8.7
20.8
Dividend Yield
2.8%
52W High
$38.84
52W Low
$29.32
52W Range
Rank36Top 23.7%
4.9
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.9 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024
Financial Dashboard
Q3 2025 Data
Revenue
$310.74M-6.79%
4-Quarter Trend
EPS
$1.04+4.00%
4-Quarter Trend
FCF
$357.55M-251.07%
4-Quarter Trend
2025 Q3 Earnings Highlights
Key Highlights
Continuing Operations EPS Growth Diluted EPS from continuing operations reached $3.25 for nine months 2025, slightly up from $3.21 in 2024.
Mortgage Insurance Written Up Primary NIW totaled $39.3B for nine months 2025, showing a 1% increase compared to $38.9B written in 2024.
Adjusted Operating Income Stable Adjusted Pretax Operating Income was $598.1M (9M 2025), down 7.5% from $646.9M reported in the prior year period.
PMIERs Cushion Reduction Noted PMIERs impact reduction on MRAs was $1.42B as of September 30, 2025, slightly lower than $1.46B at year-end 2024.
Risk Factors
Inigo Acquisition Closing Uncertainty Closing of the $1.7B Inigo acquisition is subject to conditions; failure to satisfy them could delay or terminate the transaction.
Liquidity Reduced by Funding Funding the Inigo deal via $600M intercompany loan immediately reduces Radian Guaranty's PMIERs cushion and liquidity.
Divestiture Execution Risks Risks exist regarding the ability to complete planned divestitures of Mortgage Conduit, Title, and Real Estate Services businesses.
Regulatory Compliance Exposure Failure to maintain PMIERs eligibility or comply with GSE requirements could limit insurance writing capacity for Radian Guaranty.
Outlook
Inigo Acquisition Closing Timeline The planned acquisition of Inigo is expected to close in the first quarter of 2026, funded by liquidity and intercompany debt.
Strategic Divestiture Completion Management plans to complete the divestiture of Mortgage Conduit, Title, and Real Estate Services businesses no later than Q3 2026.
Capital Management Focus Holding company liquidity needs include funding Inigo, debt repayment, and quarterly dividends, subject to board approval.
Peer Comparison
Revenue (TTM)
$7.35B
$5.82B
NNI$2.01B
Gross Margin (Latest Quarter)
100.0%
NNI87.9%
ACT74.4%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| MTG | $6.67B | 9.1 | 14.6% | 0.0% |
| ESNT | $6.37B | 9.4 | 12.4% | 0.0% |
| ACT | $5.79B | 8.9 | 13.3% | 11.0% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-0.6%
Flat Growth
4Q Net Income CAGR
-1.6%
Stable Profitability
Cash Flow Stability
50%
Cash Flow Needs Attention
Research & Insights
Next earnings:Feb 4, 2026
EPS:$1.09
|Revenue:$302.60M
Reports
All Years
Form 10-Q - Q3 2025
Period End: Sep 30, 2025|Filed: Nov 6, 2025|Revenue: $310.74M-6.8%|EPS: $1.04+4.0%MeetForm 10-Q - Q2 2025
Period End: Jun 30, 2025|Filed: Aug 1, 2025|Revenue: $317.82M-1.0%|EPS: $1.03+4.0%BeatForm 10-Q - Q1 2025
Period End: Mar 31, 2025|Filed: May 2, 2025|Revenue: $317.69M-0.5%|EPS: $0.00-99.9%MissForm 10-K - FY 2024
Period End: Dec 31, 2024|Filed: Feb 14, 2025|Revenue: $1.29B+4.0%|EPS: $3.96+3.9%BeatForm 10-Q - Q3 2024
Period End: Sep 30, 2024|Filed: Nov 7, 2024|Revenue: $333.39M+6.3%|EPS: $1.00+1.0%BeatForm 10-Q - Q2 2024
Period End: Jun 30, 2024|Filed: Aug 2, 2024|Revenue: $321.15M+10.6%|EPS: $0.99+7.6%BeatForm 10-Q - Q1 2024
Period End: Mar 31, 2024|Filed: May 3, 2024|Revenue: $319.42M+3.1%|EPS: $0.99-1.0%BeatForm 10-K - FY 2023
Period End: Dec 31, 2023|Filed: Feb 23, 2024|Revenue: $1.24B+4.2%|EPS: $3.81-13.8%Beat