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Radian Group Inc (RDN) stock

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NYSE: RDN NYSE Commercial & Residential Mortgage Finance Next results ~November 4, 2026

A Fundamentals grade

Radian Group Inc is a US-listed company in the commercial & residential mortgage finance industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$70

Valuation models combined (4)

Base case. Range ~$55–$87. Weighted average of 4 models (forward price-to-earnings vs peers, residual income, justified price-to-book, dividend discount (two-stage)), the forward price-to-earnings vs peers counting double.

Price vs value

Undervalued

The price is below our entire value range; our base value is 93% above it.

Price used: $36.17, November 2, 2026

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders1 buying, 7 selling2 purchases and 14 sales by directors and officers, last 12 monthsInsider trades
  • Funds210 adding, 162 cuttingOf 60 active managers that changed their stake, 28 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Radian Group files

Where Radian stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $1.64bn, up 37.1% on a year earlier, faster than the 14.1% growth a quarter earlier. That growth ranks 2 of 10 among the commercial & residential mortgage finance companies we cover. The diluted share count is down 6.8% on a year earlier, which lifts each remaining share.

Source: 10-Q filed August 7, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 4, 2026 (estimated)

Radian Group Inc's trailing-twelve-month revenue grew 37.1% year on year, with a free-cash-flow margin of 84.5%. Where it stands out: change in growth rate of +23.0pp ranks 1 of 14 commercial & residential mortgage finance companies we cover.

Current signal Revenue growth accelerating: TTM revenue growth rose to 37.1% (+23.0pp vs the prior quarter).

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Strengths

  • Priced below our value. The share price of $36.17 is 93% below our value per share of $70.
  • Fast growth. Revenue grew 37.1% over the last 12 months, against a median of 11.4% for commercial & residential mortgage finance companies we cover.
  • Growth speeding up. The growth rate is 23.0 points higher than a quarter earlier.
  • High operating margin. 47.5% of revenue is left as operating profit.
  • Margins widening. Operating margin is up 98.0 points on a year ago.

Things to watch

  • Results due soon. Results are expected around 4 November; the share price can move sharply on the day.
  • Short interest rising. Shares sold short rose 27% in a month to 6.1% of tradable shares.

Latest results: FY2026 Q2

Filed August 7, 2026
Earnings per share
$1.14 against an average estimate of $1.35: missed by 15.7%
Revenue
$575m, up 92.6% on a year earlier
Share reaction
-5.8% in the first session after the results on August 6, 2026, against +0.5% for the S&P 500
Next report
November 4, 2026; average EPS estimate $1.21

Radian Group's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+1.8%
  • 1 week+1.2%
  • 1 month+11.1%
  • This year+2.8%
  • 1 year+9.8%
  • 5 years+88.6%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$1.6B
Net margin
32.6%
EPS (TTM, diluted)
$3.89

Growth

Revenue growth
+37.1%
Change in growth rate
+23.0 pts
Share count change
−6.8%

Earnings

Last results
August 6, 2026
Next results (est.)
November 4, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Leadership
  2. Leadership
  3. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Fundamentalytics rating

model v1.6 · 2026-11-03
Buy12-month view
12-month price target
~$70
Price used
$36.16close November 3, 2026
Implied change
▲ +93%
Uncertainty
Low

How we got here: the combined value of 4 valuation models built for a business like Radian Group Inc (see the models table below and how they are combined) , with a 8.24% cost of equity. The models span ~$55–~$87; that spread sets a 15% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Valuation models

We value Radian Group Inc as an asset manager, broker or exchange, with every model that fits that kind of business. Cost of equity 8.2%: the 10-year Treasury yield (4.9%) plus a beta of 0.73 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$55 ~$43–$89 Primary model, counts double
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$74 ~$52–$110 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$78 ~$66–$97 Included
Price-to-book vs peers Book value per share times peers' typical (harmonic-mean) price-to-book. ~$1.8 ~$28–$150 Left out: out of range vs price (0.05x)
Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. ~$87 ~$70–$110 Included
Combined value Weighted average of the models that apply: the primary model (forward price-to-earnings vs peers) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$70 ~$55–$87 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Radian Group Inc with asset managers, brokers and exchanges in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

79 /100

Strong moat

How hard Radian Group's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 20 / 20

    Net income has been a median 6.7% of total assets over 10 years.

  • Durability 16 / 20

    Net margin has been a median 41.8%; its worst year was 16.3%.

  • Discipline 15 / 20

    The diluted share count fell 29.2% over five years.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (84 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 4, 2026, after the close. Analysts expect revenue of $623m and EPS of $1.21 (range $1.12 to $1.27) for the quarter.

Analysts' consensus

Radian Group Inc: consensus estimates
Fiscal yearEPSGrowthRevenueGrowth
Current $4.87 +16% $2.3bn +79%
Next $5.23 +7% $2.5bn +8%

Next year's EPS estimate has moved −4.8% in 90 days, across 6 analysts.

Earnings against estimates

Radian Group Inc: reported EPS against the consensus estimate
Quarter toEstimateActualSurprise
Jun 2026 $1.35 $1.14 −15.7%
Mar 2026 $1.20 $1.23 +2.4%
Dec 2025 $1.09 $1.13 +4.0%
Sept 2025 $1.01 $1.07 +6.2%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

7 analysts, Oct 2026
Buy571%
Hold229%
Sell00%

Monthly trend

  1. Oct 20262327
  2. Sep 20262316
  3. Aug 20262215
  4. Jul 20262215

Counts of recommendations published by analysts covering Radian Group Inc, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
6.1%
of tradable shares
Days to cover
4.73
at average volume
Short interest, 1 month
+27%
to September 30, 2026
Held by institutions
97%
of shares
Held by insiders
1.7%
of shares
Employees
900
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +9.8%

$32.95 on October 31, 2025 to $36.17

Radian Group Inc: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $1.2bn $1.6bn +37.1%
Net margin 48.9% 32.6% −33.3%
P/E multiple 8.3x 9.3x +11.9%
Share count 148m 138m +7.3%

Biggest factor: net margin.

Last 3 years +46.1%

$24.76 on November 3, 2023 to $36.17

Radian Group Inc: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $1.2bn $1.6bn +35.9%
Net margin 54.9% 32.6% −40.6%
P/E multiple 6.1x 9.3x +53.4%
Share count 163m 138m +18.0%

Biggest factor: net margin.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Radian Group Inc: yearly return, monthly win rate and worst fall against the S&P 500
Calendar year 202120222023202420252026 to date
Return
RDN+7%−6%+55%+15%+17%+3%
Industry peers (median)+5%−13%+11%+6%+6%+2%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
RDN58%42%75%67%67%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
RDN−21%−26%−11%−14%−12%−22%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 3, 2015: 63% from November 27, 2019 to April 3, 2020. Getting back needed a 169% gain, reached on April 27, 2023, 1119 days after the low.

Price behaviour

52-week range
$30.61 – $39.43
From 52-week high
−8.3%
vs 50-day average
+3.9%
vs 200-day average
+3.7%
Volatility (1 year)
26%
Beta vs S&P 500
-0.04

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±4.0%
After a week
7 up, 5 down
typical move ±4.4%
After a month
8 up, 4 down
typical move ±4.6%
Radian Group Inc: share-price change after each results release
Results releasedNext dayS&P 500 next day5 days21 days
August 6, 2026 −5.8% +0.5% −5.9% −5.8%
May 7, 2026 +6.5% +0.5% +3.2% −5.4%
February 19, 2026 +3.1% +0.5% +10.1% +1.2%
November 5, 2025 −1.2% −0.7% +3.2% +2.0%
July 31, 2025 −1.8% −2.0% −0.7% +4.8%
May 1, 2025 +5.9% +2.2% +6.1% +6.1%
February 6, 2025 −3.7% −0.6% −5.5% −5.9%
August 1, 2024 −5.8% −3.3% −8.1% −1.9%
May 2, 2024 +2.0% +2.2% +4.8% +5.6%
February 8, 2024 −3.0% +0.6% −0.6% +11.9%
November 2, 2023 +6.2% +2.8% +3.2% +3.3%
August 3, 2023 +3.1% −0.7% +1.7% +1.7%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Radian Group Inc’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: no liquid put with an effective price at or below fair value.

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: the shares trade below our fair value: a collar caps upside the model expects.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Radian Group Inc in five measures

Fundamentals grade A
Growth Profitability Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Radian Group Inc
$1B $1.2B $1.4B $1.6B $1.8B FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $1.2B Revenue (TTM), FY23 Q4: $1.2B Revenue (TTM), FY24 Q1: $1.2B Revenue (TTM), FY24 Q2: $1.2B Revenue (TTM), FY24 Q3: $1.2B Revenue (TTM), FY24 Q4: $1.2B Revenue (TTM), FY25 Q1: $1.2B Revenue (TTM), FY25 Q2: $1.2B Revenue (TTM), FY25 Q3: $1.2B Revenue (TTM), FY25 Q4: $1.2B Revenue (TTM), FY26 Q1: $1.4B Revenue (TTM), FY26 Q2: $1.6B $1.6B

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $1.2B
FY23 Q4 $1.2B
FY24 Q1 $1.2B
FY24 Q2 $1.2B
FY24 Q3 $1.2B
FY24 Q4 $1.2B
FY25 Q1 $1.2B
FY25 Q2 $1.2B
FY25 Q3 $1.2B
FY25 Q4 $1.2B
FY26 Q1 $1.4B
FY26 Q2 $1.6B
Revenue growth, TTM YoY Radian Group Inc
-20% 0% 20% 40% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 1.0% Revenue growth, TTM YoY, FY23 Q4: -1.1% Revenue growth, TTM YoY, FY24 Q1: -3.2% Revenue growth, TTM YoY, FY24 Q2: -2.7% Revenue growth, TTM YoY, FY24 Q3: -3.9% Revenue growth, TTM YoY, FY24 Q4: 2.5% Revenue growth, TTM YoY, FY25 Q1: 2.6% Revenue growth, TTM YoY, FY25 Q2: 1.8% Revenue growth, TTM YoY, FY25 Q3: 0.9% Revenue growth, TTM YoY, FY25 Q4: -0.8% Revenue growth, TTM YoY, FY26 Q1: 14.1% Revenue growth, TTM YoY, FY26 Q2: 37.1% 37.1%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 1.0%
FY23 Q4 -1.1%
FY24 Q1 -3.2%
FY24 Q2 -2.7%
FY24 Q3 -3.9%
FY24 Q4 2.5%
FY25 Q1 2.6%
FY25 Q2 1.8%
FY25 Q3 0.9%
FY25 Q4 -0.8%
FY26 Q1 14.1%
FY26 Q2 37.1%
Operating margin (TTM) Radian Group Inc
-100% -50% 0% 50% FY11 Q4 FY12 Q3 FY13 Q2 FY14 Q3 Operating margin (TTM), FY11 Q4: 18.9% Operating margin (TTM), FY12 Q1: 5.9% Operating margin (TTM), FY12 Q2: -13.3% Operating margin (TTM), FY12 Q3: -35.6% Operating margin (TTM), FY12 Q4: -49.2% Operating margin (TTM), FY13 Q1: -61.2% Operating margin (TTM), FY13 Q2: -47.5% Operating margin (TTM), FY13 Q3: -50.5% Operating margin (TTM), FY13 Q4: -27.6% Operating margin (TTM), FY14 Q1: 12.7% Operating margin (TTM), FY14 Q2: 32.8% Operating margin (TTM), FY14 Q3: 47.5% 47.5%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Operating margin (TTM)
FY11 Q4 18.9%
FY12 Q1 5.9%
FY12 Q2 -13.3%
FY12 Q3 -35.6%
FY12 Q4 -49.2%
FY13 Q1 -61.2%
FY13 Q2 -47.5%
FY13 Q3 -50.5%
FY13 Q4 -27.6%
FY14 Q1 12.7%
FY14 Q2 32.8%
FY14 Q3 47.5%
FCF margin (TTM) Radian Group Inc
-100% -50% 0% 50% 100% FY23 Q4 FY24 Q2 FY24 Q4 FY25 Q2 FY25 Q4 FY26 Q2 FCF margin (TTM), FY23 Q4: 44.2% FCF margin (TTM), FY24 Q1: 39.2% FCF margin (TTM), FY24 Q2: 15.5% FCF margin (TTM), FY24 Q3: -10.6% FCF margin (TTM), FY24 Q4: -55.1% FCF margin (TTM), FY25 Q1: -54.0% FCF margin (TTM), FY25 Q2: -96.2% FCF margin (TTM), FY25 Q3: -47.1% FCF margin (TTM), FY25 Q4: 9.7% FCF margin (TTM), FY26 Q1: 24.3% FCF margin (TTM), FY26 Q2: 84.5% 84.5%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 44.2%
FY24 Q1 39.2%
FY24 Q2 15.5%
FY24 Q3 -10.6%
FY24 Q4 -55.1%
FY25 Q1 -54.0%
FY25 Q2 -96.2%
FY25 Q3 -47.1%
FY25 Q4 9.7%
FY26 Q1 24.3%
FY26 Q2 84.5%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Radian Group Inc: annual financial statements
Fiscal year 2009 Dec 2009 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 1,313 417 1,948 903 750 1,073 1,193 1,238 1,222 1,273 1,527 1,439 1,330 1,191 1,177 1,206 1,197 1,645
Gross profit — — — — — — — 1,124 1,117 1,175 1,419 1,353 1,226 1,108 1,139 1,168 — —
EBITDA −262 −1,540 432 −372 −127 — — — — — — — — — — — — —
Operating income −242 −1,580 369 −444 −207 — — — — — — — — — — — — —
Net income −148 −1,806 302 −451 −197 960 287 308 121 606 672 394 601 743 603 604 583 536
Diluted EPS −$1.80 −$15.74 $2.26 −$3.41 −$1.18 $4.16 $1.22 $1.37 $0.55 $2.77 $3.20 $2.00 $3.16 $4.35 $3.77 $3.92 $4.14 $3.89
Growth (year on year)
Revenue — −68.2% +366.6% −53.7% −16.9% +43.0% +11.2% +3.8% −1.4% +4.2% +19.9% −5.8% −7.6% −10.5% −1.1% +2.5% −0.8% +37.1%
EBITDA — — — −186.1% — — — — — — — — — — — — — —
Operating income — — — −220.5% — — — — — — — — — — — — — —
Net income — — — −249.4% — — −70.1% +7.4% −60.7% +400.5% +10.9% −41.5% +52.6% +23.7% −18.8% +0.2% −3.6% −8.6%
Diluted EPS — — — −250.9% — — −70.7% +12.3% −59.9% +403.6% +15.5% −37.5% +58.0% +37.7% −13.3% +4.0% +5.6% −1.9%
Margins
Gross margin — — — — — — — 90.8% 91.4% 92.3% 92.9% 94.0% 92.2% 93.1% 96.7% 96.8% — —
EBITDA margin −20.0% −368.9% 22.2% −41.2% −16.9% — — — — — — — — — — — — —
Operating margin −18.4% −378.4% 18.9% −49.2% −27.6% — — — — — — — — — — — — —
Net margin −11.3% −432.6% 15.5% −50.0% −26.3% 89.5% 24.0% 24.9% 9.9% 47.6% 44.0% 27.4% 45.2% 62.4% 51.2% 50.1% 48.7% 32.6%
Free-cash-flow margin — — — — — — — — — — — — 40.9% 31.1% 44.2% −55.1% 9.7% 84.5%
Cash flow
Cash from operations 28 −863 −898 −511 −665 −146 12 382 361 678 694 658 557 388 529 −664 120 1,393
Capital spending — — — — — — — — — — — — 13 18 9 2 4 3
Free cash flow — — — — — — — — — — — — 545 371 521 −665 116 1,390
Stock-based pay — 20 −1 28 95 43 23 16 13 18 21 19 28 38 41 38 45 —
Free cash flow after stock pay — — — — — — — — — — — — 516 333 480 −704 71 —
Balance sheet
Cash 42 20 33 29 23 30 47 52 81 95 93 88 151 56 19 19 25 119
Total debt 0 965 819 664 930 1,192 1,219 1,070 1,027 — 0 0 0 0 0 0 1,109 1,232
Net debt (negative = net cash) −42 944 786 634 907 1,162 1,173 1,017 947 −95 −93 −88 −151 −56 −19 −19 1,084 1,113
Diluted shares 82m 115m 134m 133m 166m 234m 246m 229m 220m 219m 210m 197m 190m 171m 160m 154m 141m 138m
Returned to shareholders
Dividends 1 1 1 1 2 2 2 2 2 2 2 97 103 135 146 152 146 142
Buybacks — — — — 0 0 202 100 0 50 300 226 399 400 133 225 432 130
Total returned 1 1 1 1 2 2 204 102 2 52 302 324 502 536 279 377 578 273

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Dividends, buybacks and capital spending

FY2026 Q2 TTM
Buybacks (TTM)
$130M
Dividends (TTM)
$142M
Returned to shareholders
20%
of free cash flow
Buybacks, last 3 fiscal years
$790M
Diluted share count
−6.8%
year over year
Total shareholder yield
5.6%
dividends 3.0% + buybacks 2.7% of market value
Dividend payout ratio
27%
of net income paid out

Competitors: side by side with peers

Closest by revenue in commercial & residential mortgage finance
Growth, margins and cash generation against peers
Last 12 months unless stated RDN WD LDI ACT PFSI MTG Median
Revenue, last 12 months $1.6bn $1.3bn $1.3bn $1.3bn $2.2bn $1.2bn $1.2bn
Revenue growth, last 12 months 37.1% 8.0% 11.4% 2.5% 25.9% −1.9% 11.0%
Revenue growth, 3-year average 10.8% 5.0% 10.8% 4.1% 15.0% 1.0% 10.8%
Revenue growth, latest quarter 92.6% −3.9% 19.4% 4.1% 11.7% −2.9% 11.7%
Operating margin 47.5% 20.1% — — — — 3.6%
Operating margin, 3-year average −12.9% 27.5% — — — — 27.5%
Net margin 32.6% 3.0% −5.5% 54.5% 17.7% 59.2% 15.0%
Cash from operations / revenue 84.7% −9.3% −20.0% 57.5% −80.7% 59.2% 20.0%
Free-cash-flow margin 84.5% −10.2% −22.5% — −81.4% 59.1% 10.1%
Free-cash-flow margin, 3-year average 1.3% 12.3% −41.4% — −115.1% 61.0% 1.3%
Stock pay / revenue — 2.8% 1.6% 1.6% 1.1% 2.0% 1.9%
Change in share count −6.8% 0.3% 47.7% −6.3% 0.5% −11.5% −0.1%

Median of all 14 companies we cover in commercial & residential mortgage finance. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

14 commercial & residential mortgage finance companies
Measures ranked against peers
Measure Company Peer median Rank
Revenue growth Growth 37.1% 11.4% 2 of 14
Change in growth rate Growth +23.0pp +0.2pp 1 of 14
Net margin Profitability 32.6% 17.7% 5 of 14
Change in share count Balance sheet -6.8% 0.1% 2 of 10

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Reported value
$4.7B
Institutions reporting
388
Shares held vs prior quarter
▲ 1.2%
Positions opened / closed
55 / 47

Top buyers and sellers, Q2 2026: 210 institutions bought and 162 sold ; the biggest buyer was Caisse De Depot Et Placement Du Quebec (+1.0M shares) and the biggest seller Two Sigma Investments, LP (−1.5M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $728M 19.3M 15.6% ▲ 2.0%
Vanguard Portfolio Management LLC $348M 9.2M 7.5% ▼ 1.1%
LSV Asset Management $241M 6.4M 5.2% ▲ 3.9%
Dimensional Fund Advisors LP $229M 6.1M 4.9% ▲ 2.1%
Vanguard Capital Management LLC $226M 6.0M 4.8% ▼ 1.3%
State Street Corp $225M 6.0M 4.8% ▲ 3.9%
American Century Companies Inc $193M 5.1M 4.1% ▲ 11.7%
Donald Smith & Co., Inc. $163M 4.3M 3.5% ▼ 6.0%
Geode Capital Management, LLC $135M 3.6M 2.9% ▲ 4.9%
Caisse De Depot Et Placement Du Quebec $89.3M 2.4M 1.9% ▲ 76.4%
Norges Bank $84.2M 2.2M 1.8% —
Citadel Advisors LLC $77.8M 2.1M 1.7% ▼ 1.7%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Radian Group Inc's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Recent insider open-market transactions
Insider Date Trade Shares Price Value
Bartholomew Meghan Sr EVP Co-Head Radian Guaranty September 14, 2026 Sell pre-set plan 7,812 $35.94 $280,763
Hoffman Edward J Sr EVP, General Counsel July 14, 2026 Sell pre-set plan 20,000 $39.00 $780,000
Bartholomew Meghan Sr. EVP, Co-Head of MI June 3, 2026 Sell 1 $34.68 $33
Conner Brad L. Director June 3, 2026 Sell 1,200 $33.93 $40,716
Weinbach Michael S Chief Executive Officer- Elect June 2, 2026 Buy 49,513 $34.04 $1.7M
Weinbach Michael S Chief Executive Officer- Elect June 1, 2026 Buy 120,487 $33.89 $4.1M
Leyden Margaret Anne Director May 29, 2026 Sell 2,070 $34.59 $71,601
Culang Howard Bernard Director May 27, 2026 Sell 3,612 $36.00 $130,032
Spiegel Noel Joseph Director May 26, 2026 Sell 4,834 $36.19 $174,942
Culang Howard Bernard Director May 26, 2026 Sell 5,000 $36.20 $181,000
Hoffman Edward J Sr EVP, General Counsel May 8, 2026 Sell pre-set plan 15,000 $38.00 $570,000
Hoffman Edward J Sr EVP, General Counsel April 29, 2026 Sell pre-set plan 15,000 $37.00 $555,000

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 4, 2026 estimated from the company's past filing pattern, not announced

  • August 6, 2026
  • May 7, 2026
  • February 19, 2026
  • November 5, 2025
  • July 31, 2025
  • May 1, 2025

Recent SEC filings

Data status

When each part of this page on Radian Group Inc was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Radian Group Inc in brief

What does Radian Group Inc do?
Radian Group Inc is a US-listed company in the commercial & residential mortgage finance industry. Its financial year ends in December.
What is Radian Group Inc's stock ticker?
Radian Group Inc trades under the ticker RDN on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Radian Group Inc's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Radian Group Inc reported revenue of $1.6B, 37.1% higher than a year earlier, according to its SEC filings.
What is Radian Group Inc's free cash flow?
Radian Group Inc's free-cash-flow margin is 84.5% of revenue over the trailing twelve months.
Who are Radian Group Inc's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Portfolio Management LLC and LSV Asset Management. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Radian Group Inc buying back stock, and does it pay a dividend?
Radian Group Inc spent $130M on share repurchases over the trailing twelve months, and its diluted share count fell 6.8% over the year.
What is Radian Group Inc's market cap?
On November 2, 2026, Radian Group Inc's market capitalisation was about $5B, with a price-to-earnings ratio of 9.3 and net debt of $1.1B. Market figures come from third-party market data and may be delayed.
Does Radian Group Inc pay a dividend?
Yes: Radian Group Inc paid $142M in dividends over the trailing twelve months, a dividend yield of 2.95% and a payout ratio of 26.5%.
Who are Radian Group Inc's competitors?
In our Commercial & Residential Mortgage Finance peer group, the companies closest to Radian Group Inc are Walker & Dunlop, Inc., Loandepot, Inc., Enact Holdings, Inc., Pennymac Financial Services, Inc. and Mgic Investment Corp. The side-by-side comparison below sets their revenue, margins and growth against Radian Group Inc's.
Are insiders buying or selling Radian Group Inc stock?
Over the last 12 months, Radian Group Inc's directors and officers reported 2 open-market purchases and 14 sales on Form 4. The insider trading page charts every trade.
When is Radian Group Inc's next earnings date?
Around November 4, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Radian Group Inc announces its own schedule.