about radian group inc. radian group inc. (nyse: rdn), headquartered in philadelphia, provides private mortgage insurance (mi) and related risk management products and services to mortgage lenders nationwide through its principal operating subsidiary, radian guaranty inc. these services help promote and preserve homeownership opportunities for homebuyers, while protecting lenders from default related losses on residential first mortgages and facilitating the sale of low-downpayment mortgages in the secondary market. connect with us! watch our videos on youtube at www.youtube.com/user/radiangroupinc. visit our facebook page at www.facebook.com/radianguaranty. follow our job postings and career information at www.radian.biz/page?name=careers. join our linkedin group: radian careers at www.linkedin.com/groups?mostpopular=&gid=2951815.
![Radian logo](/files/LOGO/890926-RDN.png)
Company profile
Ticker
RDN
Exchange
Website
CEO
Richard Thornberry
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Old Republic International • Assured Guaranty • MBIA • MGIC Investment • Essent • NMI • AMBAC Financial ...
Former names
CMAC INVESTMENT CORP
SEC CIK
Corporate docs
Subsidiaries
homegenius Inc. • homegenius Real Estate Inc. • homegenius Real Estate LLC • homegenius Settlement Services of Utah LLC • Radian Escrow Services LLC • Radian Guaranty Inc. • Radian Insurance Inc. • Radian Investment Group Inc. • Radian Lender Services LLC • Radian Liberty Funding LLC ...
IRS number
232691170
RDN stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
18 Jul 24
8-K
Departure of Directors or Certain Officers
12 Jul 24
8-K
Other Events
11 Jul 24
8-K
Entry into a Material Definitive Agreement
4 Jun 24
8-K
Departure of Directors or Certain Officers
29 May 24
10-Q
2024 Q1
Quarterly report
3 May 24
8-K
Radian Announces First Quarter 2024 Financial Results
2 May 24
8-K
Entry into a Material Definitive Agreement
29 Apr 24
8-K
Departure of Directors or Certain Officers
24 Apr 24
DEFA14A
Additional proxy soliciting materials
5 Apr 24
Transcripts
RDN
Earnings call transcript
2024 Q1
2 May 24
RDN
Earnings call transcript
2023 Q4
8 Feb 24
RDN
Earnings call transcript
2023 Q3
2 Nov 23
RDN
Earnings call transcript
2023 Q2
3 Aug 23
RDN
Earnings call transcript
2023 Q2
3 Aug 23
RDN
Earnings call transcript
2023 Q1
4 May 23
RDN
Earnings call transcript
2022 Q4
9 Feb 23
RDN
Earnings call transcript
2022 Q3
4 Nov 22
RDN
Earnings call transcript
2022 Q2
2 Aug 22
RDN
Earnings call transcript
2022 Q1
4 May 22
Latest ownership filings
144
Notice of proposed sale of securities
25 Jul 24
SC 13G
FIRST TRUST PORTFOLIOS LP
25 Jul 24
144
Notice of proposed sale of securities
24 Jul 24
144
Notice of proposed sale of securities
23 Jul 24
144
Notice of proposed sale of securities
12 Jul 24
144
Notice of proposed sale of securities
2 Jul 24
144
Notice of proposed sale of securities
24 Jun 24
4
HOWARD BERNARD CULANG
21 Jun 24
4
Robert Quigley
18 Jun 24
4
Edward J Hoffman
18 Jun 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 28.83 mm | 28.83 mm | 28.83 mm | 28.83 mm | 28.83 mm | 28.83 mm |
Cash burn (monthly) | (no burn) | 1.83 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 7.06 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 21.76 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 11.9 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
88.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 310 |
Opened positions | 97 |
Closed positions | 35 |
Increased positions | 79 |
Reduced positions | 88 |
13F shares | Current |
---|---|
Total value | 4.01 tn |
Total shares | 133.60 mm |
Total puts | 523.80 k |
Total calls | 584.10 k |
Total put/call ratio | 0.9 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 20.44 mm | $684.10 bn |
BLK Blackrock | 14.74 mm | $493.45 bn |
JPM JPMorgan Chase & Co. | 8.96 mm | $299.82 bn |
First Trust Advisors | 7.95 mm | $266.16 bn |
LSV Asset Management | 6.86 mm | $229.73 mm |
STT State Street | 6.79 mm | $227.39 bn |
Dimensional Fund Advisors | 5.45 mm | $182.51 bn |
FMR | 3.54 mm | $118.61 bn |
Geode Capital Management | 3.48 mm | $116.42 bn |
Donald Smith & Co. | 3.15 mm | $105.46 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
20 Jun 24 | Culang Howard Bernard | Dividend Equivalent Rights Common Stock | Grant | Acquire A | No | No | 0 | 531.789 | 0.00 | 9,995.431 |
14 Jun 24 | Brummer Derek | Common Stock | Payment of exercise | Dispose F | No | No | 29.96 | 8,565 | 256.61 k | 221,248 |
14 Jun 24 | Brummer Derek | Common Stock | Option exercise | Acquire M | No | No | 15.44 | 11,790 | 182.04 k | 229,813 |
14 Jun 24 | Brummer Derek | Performance Stock Options Common Stock | Option exercise | Dispose M | No | No | 15.44 | 11,790 | 182.04 k | 0 |
14 Jun 24 | Hoffman Edward J | Common Stock | Payment of exercise | Dispose F | No | No | 29.96 | 7,401 | 221.73 k | 198,969 |
14 Jun 24 | Hoffman Edward J | Common Stock | Option exercise | Acquire M | No | No | 15.44 | 10,260 | 158.41 k | 206,370 |
14 Jun 24 | Hoffman Edward J | Performance Stock Options Common Stock | Option exercise | Dispose M | No | No | 15.44 | 10,260 | 158.41 k | 0 |
14 Jun 24 | Quigley Robert | Common Stock | Payment of exercise | Dispose F | No | No | 29.96 | 1,794 | 53.75 k | 55,758 |
14 Jun 24 | Quigley Robert | Common Stock | Option exercise | Acquire M | No | No | 15.44 | 2,470 | 38.14 k | 57,552 |
14 Jun 24 | Quigley Robert | Performance Stock Options Common Stock | Option exercise | Dispose M | No | No | 15.44 | 2,470 | 38.14 k | 0 |
News
W.R. Berkley Boosts Shareholders' Value Via Several Moves
13 Jun 24
Should You Add Old Republic Stock for Better Returns?
11 Jun 24
This MongoDB Analyst Is No Longer Bearish; Here Are Top 5 Upgrades For Monday
3 Jun 24
Keefe, Bruyette & Woods Upgrades Radian Group to Outperform, Raises Price Target to $36
3 Jun 24
Radian Boosts Share Repurchase Authorization From $300M To $900M And Program Extension To June 30, 2026
22 May 24
Press releases
FIZBER Integrates with titlegenius by Radian to Help Support For Sale By Owner Community
23 Jul 24
Radian to Webcast Second Quarter Conference Call
9 Jul 24
BatchService Integrates titlegenius by Radian to Help Empower Its Real Estate Investor Community
11 Jun 24
Radian Reports Results of 2024 Annual Meeting of Stockholders
22 May 24
Radian Increases Share Repurchase Authorization from $300 Million to $900 Million and Approves Regular Quarterly Dividend on Common Stock
22 May 24