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Radian Group, Inc. - RDN STOCK NEWS

Welcome to our dedicated news page for Radian Group (Ticker: RDN), a resource for investors and traders seeking the latest updates and insights on Radian Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Radian Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Radian Group's position in the market.

Rhea-AI Summary
Local Logic partners with homegenius Inc., a subsidiary of Radian Group Inc. (NYSE: RDN), to revolutionize the real estate search and transaction process. The collaboration integrates Local Logic's advanced location insights with homegenius' technology services, enhancing property listings with detailed lifestyle and location scores across 18 categories. This partnership aims to provide users with personalized search experiences and empower them with comprehensive insights into properties and neighborhoods.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.88%
Tags
partnership
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Rhea-AI Summary
Radian Group Inc. (RDN) will hold a conference call to discuss its first quarter 2024 results on May 2, 2024. The call will be webcast live on the company's website, with a question-and-answer session available. A digital replay will be accessible for a year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.95%
Tags
conferences
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Rhea-AI Summary
Radian Guaranty Inc. partners with PMI Rate Pro to offer delegated MI on their platform, enhancing efficiency and accessibility for users. The collaboration aims to streamline the MI ordering process and provide innovative solutions to customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.92%
Tags
none
Rhea-AI Summary
Radian Group Inc. (RDN) announced the redemption price of its 6.625% Senior Notes due 2025. The principal amount outstanding is $525,000,000, with a total redemption amount of $527,079,000. The Notes will cease to accrue interest after March 19, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.5%
Tags
none
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Rhea-AI Summary
Radian Group Inc. (RDN) partners with SOLD.com to offer a streamlined title and home closing solution through titlegenius. The collaboration aims to revolutionize the title insurance and settlement service business model by providing a transparent, secure, and cost-effective solution for real estate agents and homebuyers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.93%
Tags
none
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News
Rhea-AI Summary
Radian Group Inc. (RDN) announced a public offering of $625 million senior unsecured notes due 2029, with a 6.200% annual interest rate. The proceeds will be used to redeem existing notes and for general corporate purposes. The Offering is expected to close on March 4, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.52%
Tags
none
Rhea-AI Summary
Radian Group Inc. (NYSE: RDN) has announced an increased quarterly dividend of $0.245 per share, a 9% rise from the previous dividend. The dividend will be payable on March 12, 2024, to stockholders of record as of February 26, 2024. This marks the fifth consecutive year of dividend increases, totaling a 96% increase over the past four years. CEO Rick Thornberry highlighted the company's financial strength and commitment to returning capital to stockholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.07%
Tags
dividends
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Rhea-AI Summary
Radian Group Inc. (NYSE: RDN) reported a net income of $143 million for the fourth quarter of 2023, with a full year net income of $603 million. The full year return on equity was 14.5%, with a book value per share growth of 15% year-over-year to $28.71. The total revenue grew by 4% year-over-year to $1.2 billion, and the primary mortgage insurance in force reached an all-time high of $270 billion. The company returned $279 million of capital to shareholders during the year via dividends and share repurchases.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.71%
Tags
-
Rhea-AI Summary
Radian Group Inc. (NYSE: RDN) has made a strategic investment in FinLocker, a personal financial fitness and homeownership tool. The investment aligns with Radian’s commitment to homeownership through personalized financial data analysis and mortgage eligibility paths. FinLocker empowers consumers with financial account management, budgeting, credit score monitoring, and tools to improve credit and save for a down payment. The platform also offers mortgage and financial education, enhancing privacy and security for consumers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.76%
Tags
none
Rhea-AI Summary
Radian Group Inc. (RDN) received an upgrade in its long-term insurer financial strength and issuer credit ratings from S&P Global Ratings, with Radian Guaranty Inc. seeing an upgrade to A- from BBB+ and Radian Group Inc. to BBB- from BB+. The outlook for both ratings is stable. S&P cited Radian's underwriting discipline and strong earnings as reasons for the upgrade. The company also announced a conference call to discuss its fourth quarter and full year 2023 results on February 8, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.02%
Tags
none
Radian Group, Inc.

NYSE:RDN

RDN Rankings

RDN Stock Data

4.58B
150.04M
0.84%
99.55%
5.33%
Savings Institutions
Finance and Insurance
Link
US
Philadelphia

About RDN

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.