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RDNRadian Group Inc.
$35.97$4.8B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
RDN logo

Radian Group Inc.

RDN
NYSE · Specialty Insurers
$35.97
At close - Nov 6, 4:00 PM EST - USD
Market Cap$4.78B
P/E8.7x
52W High$41.05
Volume871.93K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Underwriting Strength Offsets Credit Cycle Volatility Risk

Radian's core mortgage insurance franchise demonstrates exceptional underwriting discipline, with a 73.8% combined ratio in 2026Q2 and a 33.9% loss ratio reflecting favorable credit conditions.

GrowthMixed
ProfitabilityStrong
ValuationReview
TechnicalsNeutral
Explore valuation models
MARKET ACTION

RDN price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

11/12 Beats

EPS beat 11 of last 12 quarters

02

Valuation risk

-9% Peers

P/E is 9% below peer median

03

Market leadership

RS 62 · Avg

Average momentum (RS Rating: 62)

04

Trend Check

N/A

Trend data unavailable

Next CatalystEstimated earnings · Feb 4

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
RDN+2.27%
S&P 500 (^GSPC)+7.63%
1-Year Return
RDN+9.12%
S&P 500 (^GSPC)+9.69%
3-Year Return
RDN+44.24%
S&P 500 (^GSPC)+63.53%
5-Year Return
RDN+77.26%
S&P 500 (^GSPC)+51.78%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
8.7x
Forward P/EExpansion
7.4x
EV/EBITDA80th %ile
8.3x
FCF YieldCash Flow
22.6%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
8.7x
7.6x
80th· High
EV/EBITDA
8.3x
7.2x
80th· High
Price/FCF
4.4x
8.9x
0th· Low
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$41.56+15.5%
Base (Fair)$75.56+110.1%
Bull$119.34+231.8%
$41.56 Bear$75.56 Base$119.34 Bull
Current Market Price: $35.97
Trades at a 52.4% discount to Base DCF ($75.56)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$1.25B-3.4% YoY
Net income FY25
$583M-3.6% YoY
Free cash flow FY25
$116M+117.3% YoY
Operating margin FY25
61.2%+1.4 pts YoY
ROIC (FY25)8.9%
Avg ROIC 5Y10.2%
ROE (TTM)11.7%
Piotroski Score5 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate11/12 (92%)
Revenue Beat Rate10/12 (83%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Nov 4, 2026
$1.44+20.0%
vs $1.20
$624M+4.7%
vs $596M
Q3 2026
Aug 5, 2026
$1.14-14.9%
vs $1.34
$575M+3.3%
vs $557M
Q2 2026
May 6, 2026
$1.27+8.5%
vs $1.17
$466M+12.1%
vs $416M
Q1 2026
Feb 18, 2026
$1.16+4.5%
vs $1.11
$301M-0.1%
vs $301M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Seeking Alpha·2d ago
Radian Group Inc. (RDN) Q3 2026 Earnings Call Transcript

Radian Group Inc. ( RDN ) Q3 2026 Earnings Call November 5, 2026 9:00 AM EST Company Participants Robert Lally - Vice President of Finance & Investor Relations Michael Weinbach - CEO & Director Dan Kobell - Senior Executive VP & CFO Russell Merrett - Founder, Chief Underwriting Officer & Director Richard Watson - Founder, CEO & Director Stuart Bridges - Founder, CFO & Director Conference Call Participants Rowland Mayor - RBC Capital Markets, Research Division Bose George - Keefe, Bruyette, & Woods, Inc., Research Division Mihir Bhatia - BofA Securities, Research Division Geoffrey Dunn - Dowling & Partners Securities, LLC Terry Ma - Barclays Bank PLC, Research Division Douglas Harter - BTIG, LLC, Research Division Presentation Operator Good day, and thank you for standing by. Welcome to the Third Quarter 2026 Radian Group Earnings Conference Call.

Zacks Investment Research·2d ago
RDN Q3 Earnings Beat on Specialty Strength, Revenues Rise Y/Y

Radian's Q3 operating income rises 25.2% as Inigo bolstered Specialty Insurance, while stronger underwriting and investment income support results.

Zacks Investment Research·3d ago
Radian (RDN) Beats Q3 Earnings Estimates

Radian (RDN) came out with quarterly earnings of $1.44 per share, beating the Zacks Consensus Estimate of $1.27 per share. This compares to earnings of $1.15 per share a year ago.

Business Wire·3d ago
Radian Announces Third Quarter 2026 Financial Results

WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) today reported net income from continuing operations of $172 million, or $1.28 per diluted share, for the quarter ended September 30, 2026. This compares with net income from continuing operations of $153 million, or $1.11 per diluted share, for the quarter ended September 30, 2025. Pretax income from continuing operations for the quarter ended September 30, 2026, was $228 million compared to $199 million for the quarter ended September.

Filtered for Radian Group Inc.More Headlines
04

Compare before deciding

Benchmark RDN against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Radian Group Inc. (RDN)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
RDN logoRDNRadian Group Inc.Current
$35.97$4.78B8.65-3.36%28.41%11.73%2.93%
MTG logoMTGMGIC Investment Corporation
$28.60$5.87B8.490.49%58.12%13.8%2.05%
ESNT logoESNTEssent Group Ltd.
$63.41$5.84B8.37-0.49%49.31%12%1.92%
NMIH logoNMIHNMI Holdings, Inc.
$39.03$2.97B7.568.39%53.13%14.78%—
PFSI logoPFSIPennyMac Financial Services, Inc.
$65.59$3.41B14.5255.29%5.44%5.54%1.77%
ACT logoACTEnact Holdings Inc.
$46.43$6.48B9.462.37%54.13%12.75%1.74%

Compare RDN vs Peers

Radian Group Inc. (RDN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs MTG

Most directly comparable listed peer for RDN.

Scale Benchmark

vs RKT

Larger-name benchmark to compare RDN against a more recognizable public peer.

Peer Set

Compare Top 5

vs MTG, ESNT, NMIH, PFSI

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

RDN SEC Filings & Documents

Radian Group Inc. (RDN) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 11, 2026·SEC

Material company update

Aug 6, 2026·SEC

Material company update

May 27, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 20, 2026·SEC

FY 2025

Feb 14, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 7, 2026·SEC

FY 2026

May 8, 2026·SEC

FY 2025

Nov 6, 2025·SEC

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RDN Frequently Asked Questions

Radian Group Inc. (RDN) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is Radian Group Inc. growing?

Radian Group Inc. (RDN) grew revenue by 55.7% over the trailing twelve months, compared with the twelve months before.

Is RDN profitable?

Yes. Radian Group Inc. (RDN) earned $558.7M in net income over the trailing twelve months (a 28.4% net margin).

Dividend & Returns
Does RDN pay dividends?

Yes. Radian Group Inc. (RDN) pays a dividend that yields 2.93% at the current price, a moderate yield.

What is RDN's return on equity?

Radian Group Inc. (RDN) had a return on equity (ROE) of 11.7% over the trailing twelve months. That is in line with the market's typical 10-15%.

Industry Metrics
What is Radian Group Inc.'s combined ratio?

Radian Group Inc. (RDN) has a combined ratio of 38.8%. A ratio below 100% indicates underwriting profitability.

What if you invested $1,000 in RDN back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →