Summary

31.45 0.78(2.53%)05/21/2024
Radian Group, Inc. (RDN)

Key Facts


1 Day1 Week1 Month3 Months6 Months1 Year5 YearsAll Time
0.655.51-1.0811.2018.6126.8246.28672.38


Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1


Trading Data
Close31.52
Open31.49
High32.00
Low31.49
Volume516,811
Change0.21
Change %0.65
Avg Volume (20 Days)628,340
Volume/Avg Volume (20 Days) Ratio0.82
52 Week Range24.34 - 33.69
Price vs 52 Week High-6.46%
Price vs 52 Week Low29.48%
Range0.08
Gap Up/Down-0.02
Fundamentals
Market Capitalization (Mln)4,733
EBIDTA948,771,968
PE Ratio8.3926
PEG Ratio1.1800
WallStreet Target Price32.29
Book Value29.3030
Earnings Per Share3.7700
EPS Estimate Current Quarter0.8400
EPS Estimate Next Quarter0.8500
EPS Estimate Current Year3.5300
EPS Estimate Next Year3.5400
Diluted EPS (TTM)3.7700
Revenues
Profit Marging0.4781
Operating Marging (TTM)0.7128
Return on asset (TTM)0.0739
Return on equity (TTM)0.1399
Revenue TTM1,250,153,984
Revenue per share TTM7.9620
Quarterly Revenue Growth (YOY)0.0310
Quarterly Earnings Growth (YOY)0.0000
Gross Profit (TTM)1,422,689,000
Dividends
Dividend Share0.9200
Dividend Yield0.0310
Valuations
Trailing PE8.3926
Forward PE8.7719
Price Sales (TTM)0.0000
Price Book (MRQ)1.0421
Revenue Enterprise Value 4.7540
EBITDA Enterprise Value0.0000
Shares
Shares Outstanding150,578,000
Shares Float149,120,865
Shares Short0
Shares Short (Prior Month)0
Shares Ratio0.00
Short Outstanding (%)0.00
Short Float (%)0.05
Insider (%)0.85
Institutions (%)99.00


05/20 00:00 EST - https://www.zacks.com
Here's Why You Should Retain Voya Financial (VOYA) Stock
Voya Financial, Inc. (VOYA Quick QuoteVOYA - Free Report) has been gaining momentum on the back of strategic acquisitions, favorable retention, positive impacts of the Benefitfocus acquisition, improved investment income, stronger surplus income and sufficient liquidity.Growth ProjectionsThe Zacks Consensus Estimate for Voya Financial’s 2024 earnings per share indicates a year-over-year increase of 5.8%. The consensus estimate for revenues is pegged at $1.30 billion, implying a year-over-year improvement of 15.9%.The consensus estimate for 2025 earnings per share and revenues indicates a year-over-year increase of 11.7% and 3.2%, respectively, from the corresponding 2024 estimates.Earnings Surprise HistoryVoya Financial has a solid earnings surprise history. It beat estimates in three of the last four quarters and missed in one, the average being 7.94%.Zacks Rank & Price PerformanceVOYA currently carries a Zacks Rank #3 (Hold). Over the past year, the stock has gained 5.6% compared with the industry’s rise of 26.2%. Image Source: Zacks Investment ResearchBusiness TailwindsVOYA’s earnings are driven by its solid segmental performances across Wealth Solutions, Investment Management and Health Solutions. These businesses are higher-growth, capital-light and higher-return units, boasting the company’s solid presence in the market.The Wealth Solutions segment is steadily witnessing significant growth on the back of continued strength in underlying business results, higher surplus income, lower credited interest, improved investment income, weaker fee-based margin, a favorable change in deferred acquisition costs and value of business acquired and lower administrative expenses. In Wealth Solutions, full-service recurring deposits should continue to gain from growth in the corporate markets.The Investment Management segment should benefit from higher investment capital returns due to its overall market performance and improved fee revenues, driven by higher average equity markets and positive net flows.VOYA is constantly taking strategic steps to ramp up growth in its Investment Management segment. Voya Financial and Allianz Global Investors inked a long-term strategic partnership that added scale and diversification to Voya Investment Management. Voya Investment Management’s adjusted operating margin is expected to increase 30-32% for 2024.The Health Solutions segment of the insurer is likely to benefit from growth across all product lines, favorable retention and the positive impacts of the Benefitfocus acquisition.The company’s capital levels remain strong. As of Mar 31, 2024, the estimated combined RBC ratio, with adjustments for certain intercompany transactions, was 412%. Voya Financial exited the first quarter with cash and cash equivalents of $995 million, which jumped 37.4% year over year. This financial flexibility provides strength to the company. The free cash flow conversion rate remained above 90%. VOYA expects to generate more than $800 million of free cash flow in 2024.Operational excellence has been helping the company deploy capital to enhance shareholders’ value. For 2024, the company remains focused on deploying capital to shareholders via share repurchases and dividends, given the actions taken to reduce debt in 2023. VOYA reaffirmed the EPS CAGR target of 12% to 17% for the three years ending in 2024.The Zacks Consensus Estimate for VOYA’s 2024 earnings has moved north 0.7% in the past 30 days. This should instill investors' confidence in the stock. HeadwindsThe life insurer has been experiencing an increase in expenses due to higher policyholder benefits, interest credited to contract owner account balances, operating costs and interest expenses. If the company doesn't strive to generate revenue growth more than the magnitude of increase in expenses, the margin will continue to erode.Stocks to ConsiderSome better-ranked stocks from the industry are Reinsurance Group of America, Incorporated (RGA Quick QuoteRGA - Free Report) , Radian Group Inc. (RDN Quick QuoteRDN - Free Report) and EverQuote, Inc. (EVER Quick QuoteEVER - Free Report) . While Reinsurance Group sports a Zacks Rank #1 (Strong Buy), Radian Group and EverQuote carry a Zacks Rank #2 (Buy) at present. Reinsurance Group has a solid track record of beating earnings estimates in each of the trailing four quarters, the average being 19.48%. In the past year, shares of RGA have gained 42.4%.The Zacks Consensus Estimate for RGA’s 2024 and 2025 earnings implies year-over-year growth of 3% and 5.2%, respectively.Radian Group has a solid track record of beating earnings estimates in each of the trailing four quarters, the average being 22.79%. In the past year, shares of RDN have gained 24%.The Zacks Consensus Estimate for RDN’s 2024 and 2025 revenues implies year-over-year growth of 8.2% and 4.9%, respectively.EverQuote has a solid track record of beating earnings estimates in each of the trailing four quarters, the average being 65.16%. In the past year, shares of EVER have surged 171.1%.The Zacks Consensus Estimate for EVER’s 2024 and 2025 earnings implies year-over-year growth of 98% and 550%, respectively. Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>
05/17 12:40 EST - zacks.com
RDN or ZURVY: Which Is the Better Value Stock Right Now?
Investors interested in stocks from the Insurance - Multi line sector have probably already heard of Radian (RDN) and Zurich Insurance Group Ltd. (ZURVY). But which of these two stocks presents investors with the better value opportunity right now?
05/02 17:04 EST - seekingalpha.com
Radian Group Inc. (RDN) Q1 2024 Earnings Call Transcript
Radian Group Inc. (NYSE:RDN ) Q1 2024 Results Conference Call May 2, 2024 12:00 PM ET Company Participants John Damian - Senior Vice President of Corporate Development and Investor Relations Richard Thornberry - Chief Executive Officer Sumita Pandit - Chief Financial Officer Derek Brummer - President of Mortgage Insurance Conference Call Participants Bose George - KBW Terry Ma - Barclays Douglas Harter - UBS Soham Bhonsle - BTIG Operator Good day and thank you for standing by. Welcome to the First Quarter 2024 Radian Group Earnings Conference Call.
05/02 08:46 EST - zacks.com
Radian Group (RDN) Q1 Earnings Beat on Higher Premiums
Radian Group's (RDN) Q1 results reflect improved persistency and a rise in premiums and insurance written, partially offset by higher expenses.
05/01 20:16 EST - zacks.com
Radian (RDN) Tops Q1 Earnings Estimates
Radian (RDN) came out with quarterly earnings of $1.03 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.98 per share a year ago.
05/01 16:43 EST - businesswire.com
Radian Announces First Quarter 2024 Financial Results
WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) today reported net income for the quarter ended March 31, 2024, of $152 million, or $0.98 per diluted share. This compares with net income for the quarter ended March 31, 2023, of $158 million, or $0.98 per diluted share. Adjusted pretax operating income for the quarter ended March 31, 2024, was $203 million, or $1.03 per diluted share. This compares with adjusted pretax operating income for the quarter ended March 31, 2023, of $200 mil.
04/22 09:00 EST - prnewswire.com
Local Logic Partners with homegenius to Elevate Real Estate Decisions
Advanced location analytics meet innovative technology in game-changing collaboration MONTREAL , April 22, 2024 /PRNewswire/ - Local Logic, the leading location insights provider for the real estate industry, is thrilled to announce a new partnership with homegenius Inc., a subsidiary of Radian Group Inc. (NYSE: RDN). This collaboration aims to transform the real estate search and transaction process, integrating Local Logic's advanced location insights with homegenius' comprehensive ecosystem of real estate and technology services.
04/08 06:30 EST - businesswire.com
Radian to Webcast First Quarter Conference Call
WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) today announced that it will hold a conference call on Thursday, May 2, 2024 at 12:00 p.m. Eastern time to discuss the company's first quarter 2024 results, which will be announced after the market closes on Wednesday, May 1, 2024. The conference call will be webcast live on the company's website at https://radian.com/who-we-are/for-investors/webcasts or at www.radian.com. The webcast is listen-only. Those interested in participating in.
04/01 12:46 EST - zacks.com
ACT vs. RDN: Which Stock Is the Better Value Option?
Investors interested in Insurance - Multi line stocks are likely familiar with Enact Holdings, Inc. (ACT) and Radian (RDN). But which of these two companies is the best option for those looking for undervalued stocks?
03/25 11:16 EST - zacks.com
Radian (RDN) Gains From Insurance Written as Expense Woes Stay
Solid insurance in force, a decline in loss and claims payments and lower delinquency poise Radian (RDN) for growth. However, an increase in underwriting and other expenses weighs on margins.
03/15 16:15 EST - businesswire.com
Radian Announces Redemption Price for 6.625% Senior Notes due 2025
WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) announced today that the redemption price of the Radian Group Inc. 6.625% Senior Notes due 2025 (CUSIP Number 750236AX9) (the “Notes”) will be 100.396 percent of the principal amount of Notes outstanding plus accrued and unpaid interest up to, but excluding, the redemption date. The principal amount of the Notes outstanding is $525,000,000, the aggregate redemption amount due is $527,079,000, and the accrued and unpaid interest is $386,.
03/08 12:35 EST - zacks.com
Radian (RDN) Up 8.5% Since Last Earnings Report: Can It Continue?
Radian (RDN) reported earnings 30 days ago. What's next for the stock?
03/05 06:30 EST - businesswire.com
SOLD.com Integrates Innovative Title Insurance and Closing Platform titlegenius by Radian
WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN), announced today that SOLD.com, the leading online real estate marketplace and educational resource provider, has teamed up with titlegenius by Radian to provide SOLD.com's customers and network of more than 60,000 real estate agents with a transparent, secure, and streamlined title and home closing solution. SOLD.com users can now get instant title quotes, generate seller net sheets, open orders and track status updates in one place wi.
02/28 19:38 EST - businesswire.com
Radian Prices Senior Notes Offering
WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) announced today that it has priced its public offering (the “Offering”) of $625 million aggregate principal amount of senior unsecured notes due 2029 (the “Notes”). The Offering is expected to close on March 4, 2024, subject to customary closing conditions. The Notes will pay interest semi-annually on May 15 and November 15, beginning on November 15, 2024, at a rate of 6.200% per year, and will mature on May 15, 2029. The Company intend.
02/26 00:56 EST - seekingalpha.com
Radian Remains Attractive Thanks To Strong Home Prices
Radian Group's stock has risen by over 26% in the past year due to a strong housing market and increased investment income. The company reported solid earnings, beating expectations and growing book value by 15%. Radian expects ongoing strength in its business, with increased dividends and capital returns in 2024.
02/14 16:30 EST - businesswire.com
Radian Announces Increase to Quarterly Dividend
WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) announced today its plans to continue the return of capital to stockholders through an increased quarterly dividend. The company's Board of Directors approved a quarterly dividend of $0.245 per share, an increase of 9 percent from the previous quarterly dividend. The dividend is payable on March 12, 2024, to stockholders of record as of February 26, 2024. This is the fifth consecutive year the company has increased the quarterly dividen.
02/14 13:50 EST - zacks.com
AIG Q4 Earnings Beat Estimates on General Insurance Strength
AIG's fourth-quarter results benefit from strong underwriting results, partially offset by higher expenses.
02/08 16:09 EST - seekingalpha.com
Radian Group Inc. (RDN) Q4 2023 Earnings Call Transcript
Radian Group Inc. (RDN) Q4 2023 Earnings Call Transcript
02/08 10:11 EST - zacks.com
Radian Group (RDN) Q4 Earnings Top, Revenues Rise Y/Y
Radian Group's (RDN) Q4 results reflect higher monthly premium policy insurance in force and a decline in single premium policy insurance in force, offset by higher expenses.
02/07 19:46 EST - zacks.com
Radian (RDN) Q4 Earnings and Revenues Beat Estimates
Radian (RDN) came out with quarterly earnings of $0.96 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $1.05 per share a year ago.