Radian Group Stock Price, News & Analysis

Radian Group (NYSE: RDN) has announced a new $750 million share repurchase program approved by its Board of Directors, extending through December 31, 2027. Combined with the existing program's remaining $113 million, Radian's total repurchase authority reaches approximately $863 million. The company has demonstrated strong commitment to shareholder returns, having repurchased 74 million shares for $1.8 billion since 2020, representing over 36% of outstanding shares. Additionally, Radian declared a regular quarterly dividend of $0.255 per share, payable June 17, 2025, to stockholders of record as of June 2, 2025. The new authorization provides flexibility for repurchases through various transaction methods, including private negotiations and open market purchases.

Radian Group reported strong Q1 2025 financial results with net income of $145 million ($0.98 per diluted share). The company achieved notable growth with book value per share increasing 11% year-over-year to $32.48. Primary mortgage insurance in force grew to $274.2 billion, while the default rate improved to 2.3%.

Key highlights include:

• Total revenues of $318 million
• Return on equity of 12.6%
• New Insurance Written (NIW) of $9.5 billion
• $200 million capital return from Radian Guaranty to holding company
• $207 million in share repurchases and $37 million in dividends paid

The company maintained strong capital position with PMIERs Available Assets of $6.0 billion and excess Available Assets of $2.1 billion. Persistency remained stable at 84%, and mortgage insurance premiums earned were $234 million for the quarter.

Radian Group Inc. (NYSE: RDN) has scheduled its first quarter 2025 earnings conference call for Thursday, May 1, 2025, at 11:00 a.m. Eastern time. The company will release its Q1 2025 results after market close on Wednesday, April 30, 2025.

The conference call will be available as a live webcast on Radian's website, with a listen-only option. Participants interested in the Q&A session must register separately to receive dial-in numbers and a unique PIN. It's recommended to join 10 minutes before the event starts.

A digital replay of the webcast will be accessible on Radian's website approximately two hours after the live broadcast ends and will remain available for one year. Additional statistical and financial information referenced during the call will be available on the company's investor relations website.

Radian Group Inc. (NYSE: RDN) has issued a $1 million credit line to the Philadelphia Accelerator Fund (PAF), a Community Development Financial Institution supporting affordable housing development in Philadelphia. PAF, established in 2019, is a nonprofit loan fund that provides flexible financing for affordable housing projects.

During 2023-2024, PAF funded nine transactions totaling $6.3 million, supporting nearly $56 million in total development costs. These investments will finance 163 new housing units, with 129 units designated as affordable for households earning at or below 80% of the Area Median Income.

The initiative is part of Radian's broader housing affordability efforts, which include collaborating with Nueva Esperanza to secure $1.35 million in financing from the Federal Home Loan Bank of Pittsburgh's 2024 Affordable Housing Program, following a $750,000 funding in 2023. Radian also provided a $100,000 grant to Rebuilding Together Philadelphia and joined the CONVERGENCE Philadelphia initiative to increase homeownership in historically challenged communities.

Radian Group (NYSE: RDN) has announced a 4.1% increase in its quarterly dividend to $0.255 per share, payable on March 11, 2025, to stockholders of record as of February 24, 2025. This marks the sixth consecutive year of dividend increases, with the dividend more than doubling over the past five years.

The company maintains the highest regular dividend yield in the private mortgage insurance industry, demonstrating its commitment to shareholder returns and financial strength. CEO Rick Thornberry emphasized that Radian's financial position and strategic flexibility enable continued capital return to stockholders.

Radian Group Inc. (NYSE: RDN) has appointed Jed Rhoads to its Board of Directors. Rhoads brings over 40 years of reinsurance experience, most recently holding senior executive positions at Markel Group Inc. for a decade. He previously served as Chairman of the Reinsurance Association of America.

Radian's Non-Executive Board Chairman Howard B. Culang highlighted Rhoads' extensive experience in leading global reinsurance operations as a valuable addition to the board's perspectives. CEO Rick Thornberry emphasized that Rhoads' skills align with Radian's core business and strategic goals, particularly in transforming risk into opportunity.

Radian Group Inc. (RDN) reported strong financial results for Q4 and full year 2024. The company achieved Q4 net income of $148 million ($0.98 per diluted share) and full-year net income of $604 million ($3.92 per diluted share). Key highlights include:

- Return on equity of 13.4% for full year 2024
- Book value per share grew 9% year-over-year to $31.33
- Primary mortgage insurance in force reached all-time high of $275.1 billion
- $675 million in ordinary dividends paid from Radian Guaranty to holding company
- Returned $376 million to stockholders through dividends and share repurchases

The company's Q4 new insurance written (NIW) was $13.2 billion, with purchase NIW decreasing 5% compared to Q3. Net mortgage insurance premiums earned remained stable at $235 million in Q4. The company maintained strong capital position with PMIERs excess Available Assets of $2.2 billion.

Radian Group (NYSE: RDN) has announced its upcoming fourth quarter and full year 2024 earnings conference call, scheduled for Thursday, February 6, 2025, at 11:00 a.m. Eastern time. The company will release its financial results after market close on Wednesday, February 5, 2025.

The conference call will be accessible through a live webcast on Radian's website, featuring a listen-only format. Participants interested in the Q&A session should register separately to receive dial-in numbers and a unique PIN. It's recommended to join 10 minutes before the event starts.

A digital replay of the webcast will be available on Radian's website for one year, approximately two hours after the live broadcast ends. Additional statistical and financial information referenced during the call will be accessible on the company's website under the For Investors section.

Radian Group Inc. (NYSE: RDN) announced that Derek Brummer, President of Mortgage Insurance, will retire on July 3, 2025, after 23 years with the company. Sumita Pandit, current Chief Financial Officer, will assume the expanded role of President and CFO upon Brummer's retirement, overseeing all aspects of Radian's mortgage insurance business.

Brummer joined Radian in 2002 as Chief Risk Officer and General Counsel for the company's former financial guaranty company, becoming Chief Risk Officer in 2013 and President of Mortgage Insurance in 2018. Pandit, who joined Radian in March 2023 as Chief Growth Officer and became CFO in May 2023, brings over two decades of investment banking experience, including roles at dLocal, J.P. Morgan, and Goldman Sachs.