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.
Company profile
Ticker
RDN
Exchange
Website
CEO
Richard Thornberry
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
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
24 Apr 24
DEFA14A
Additional proxy soliciting materials
5 Apr 24
DEF 14A
Definitive proxy
5 Apr 24
ARS
2023 FY
Annual report to shareholders
4 Apr 24
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
4 Mar 24
424B5
Prospectus supplement for primary offering
1 Mar 24
FWP
Free writing prospectus
28 Feb 24
424B5
Prospectus supplement for primary offering
27 Feb 24
10-K
2023 FY
Annual report
23 Feb 24
8-K
Results of Operations and Financial Condition
8 Feb 24
Transcripts
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 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
RDN
Earnings call transcript
2021 Q4
23 Feb 22
RDN
Earnings call transcript
2021 Q3
3 Nov 21
Latest ownership filings
4
HOWARD BERNARD CULANG
14 Mar 24
4/A
Mary Dickerson
13 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G
JPMORGAN CHASE & CO
6 Feb 24
SC 13G/A
BlackRock Inc.
24 Jan 24
4
Robert Quigley
21 Dec 23
4
HOWARD BERNARD CULANG
13 Dec 23
SC 13G/A
FMR LLC
11 Dec 23
4
HOWARD BERNARD CULANG
7 Sep 23
4
Gregory Serio
17 Aug 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
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) | 56.79 mm | 56.79 mm | 56.79 mm | 56.79 mm | 56.79 mm | 56.79 mm |
Cash burn (monthly) | 1.89 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 13.05 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 43.74 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 23.2 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
97.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 295 |
Opened positions | 47 |
Closed positions | 33 |
Increased positions | 87 |
Reduced positions | 115 |
13F shares | Current |
---|---|
Total value | 3.69 tn |
Total shares | 147.37 mm |
Total puts | 130.20 k |
Total calls | 62.20 k |
Total put/call ratio | 2.1 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 21.90 mm | $549.98 bn |
BLK Blackrock | 15.41 mm | $386.92 bn |
JPM JPMorgan Chase & Co. | 10.23 mm | $256.99 bn |
FMR | 7.11 mm | $178.58 bn |
LSV Asset Management | 6.97 mm | $175.44 bn |
STT State Street | 6.64 mm | $166.73 bn |
T. Rowe Price Investment Management | 6.00 mm | $151.05 bn |
Dimensional Fund Advisors | 5.51 mm | $138.38 bn |
Charles Schwab Investment Management | 3.96 mm | $99.52 bn |
Donald Smith & Co. | 3.42 mm | $85.82 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
12 Mar 24 | Culang Howard Bernard | Dividend Equivalent Rights Common Stock | Grant | Acquire A | No | No | 0 | 516.181 | 0.00 | 9,463.642 |
20 Dec 23 | Quigley Robert | Common Stock | Payment of exercise | Dispose F | No | No | 28.18 | 1,450 | 40.86 k | 40,089 |
20 Dec 23 | Quigley Robert | Common Stock | Option exercise | Acquire M | No | No | 0 | 3,333 | 0.00 | 41,539 |
20 Dec 23 | Quigley Robert | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 3,333 | 0.00 | 6,667 |
12 Dec 23 | Culang Howard Bernard | Dividend Equivalent Rights Common Stock | Grant | Acquire A | No | No | 0 | 567.273 | 0.00 | 8,947.461 |
6 Sep 23 | Culang Howard Bernard | Dividend Equivalent Rights Common Stock | Grant | Acquire A | No | No | 0 | 558.634 | 0.00 | 8,380.188 |
17 Aug 23 | Serio Gregory | Common Stock | Sell | Dispose S | No | No | 26.82 | 3,800 | 101.92 k | 8,221 |
News
Keefe, Bruyette & Woods Downgrades Radian Group to Market Perform, Lowers Price Target to $35
4 Apr 24
Thriving with Robust Performance: Radian Group Delivers Growing Profits to Investors
12 Mar 24
Radian Prices $625M Senior Unsecured Notes Due 2029
29 Feb 24
Radian Group's Ex-Dividend Date Is Friday, Here's What You Need To Know
20 Feb 24
Radian Group: Q4 Earnings Insights
7 Feb 24
Press releases
Local Logic Partners with homegenius to Elevate Real Estate Decisions
22 Apr 24
Radian to Webcast First Quarter Conference Call
8 Apr 24
Radian's Delegated Mortgage Insurance Now Available Through PMI Rate Pro
4 Apr 24
Radian Announces Redemption Price for 6.625% Senior Notes due 2025
15 Mar 24
SOLD.com Integrates Innovative Title Insurance and Closing Platform titlegenius by Radian
5 Mar 24