RADIAN GROUP INC (RDN) Operating across the United States, Radian Group Inc. and its various subsidiaries are key players in the mortgage and real estate services sector. Through its Mortgage segment, the company delivers crucial credit-related insurance, predominantly private mortgage insurance for primary residential loans. This division also furnishes a suite of credit risk management, contract underwriting, and fulfillment services. Its principal clientele includes a broad spectrum of mortgage originators, ranging from large mortgage and commercial banks to savings institutions, credit unions, and community banks. Radian's Homegenius segment provides an extensive array of services. These encompass comprehensive title services, such as both insured and uninsured title solutions, tax and title data management, centralized document recording, retrieval, and default curative actions, along with deed and property reports. Furthermore, it offers closing and settlement services, facilitating both electronic and traditional signings. The segment also specializes in real estate valuation and asset management. Complementing these offerings, Homegenius delivers advanced real estate technology products and services, including SaaS solutions, designed to streamline real estate transactions. This diverse segment caters to a wide base of clients, including individual consumers, mortgage lenders, various real estate investors, government-sponsored enterprises, and real estate brokers and agents. Established in 1977, Radian Group Inc. maintains its corporate headquarters in Wayne, Pennsylvania.
Sector: Surety Insurance
Industry: Insurance - Specialty
Radian Group Inc. NYSE:RDN Financial Services · Insurance - Specialty
Mkt Cap $4.67B
Div Yield 2.84%
CLOSED · Nov 6 -3.49%$35.97 CLOSED · Nov 6 Prev close $37.27 -3.49%Close $35.97 0.00% AH close $35.97 VOL 889K $ Vol $32.09M RVOL 0.63x
Mkt Cap $4.67B
VOL 889K sh
$ Vol $32.09M
RVOL 0.63×
Div Yield 2.84%
Press Release ● Major ⚠ 4
Radian Announces Third Quarter 2026 Financial Results
Radian Group reported Q3 2026 net income from continuing operations of $172 million, or $1.28 per diluted share, with total revenues of $624 million, up 106% year-over-year.
Adjusted diluted net operating EPS was $1.44 versus $1.15 a year ago, with adjusted net operating return on equity of 16.3% and a total segment combined ratio of 61%. Specialty, built around the Inigo acquisition completed in February, contributed $86 million of adjusted pretax operating income and represented 57% of net premiums earned.
Primary mortgage insurance in force hit a record $286 billion, and Radian repurchased $379 million of stock year-to-date, including $117 million in October, with $484 million remaining under its $750 million authorization.
Management expects over $650 million in total ordinary dividends from Radian Guaranty in 2026, though Specialty premium rates are softening per the company's own risk factors.
• 4d ago AI analysis › Press Release
Radian Announces Executive Leadership Appointments to Advance Growth Strategy
Radian Group made permanent its CFO appointment, naming interim CFO Dan Kobell to the role after he held it since February 2026.
The company also hired Courtney Smith Goodrich from Fannie Mae as CIO and created a new P&C strategy role for Inigo co-founder Russell Merrett, with Craig Knightley set to succeed him as Inigo's chief underwriting officer pending regulatory approval.
The moves support Radian's push to scale its specialty insurance and P&C businesses alongside its core mortgage insurance franchise.
• 11d ago AI analysis › Press Release
Radian to Webcast Third Quarter Conference Call
Radian Group announced it will report third quarter 2026 results after market close on Wednesday, November 4, 2026.
The company will host a conference call to discuss the results on Thursday, November 5, 2026, at 9:00 a.m. Eastern time, with a live webcast available on its investor relations website and a replay posted for one year.
This is a routine scheduling notice with no financial content; the actionable datapoint is the earnings date for calendar purposes.
• 0mo ago AI analysis › Press Release
Radian Expands Digital Quoting Capabilities Through Integration With Lender Price
Radian Guaranty, the mortgage insurance subsidiary of Radian Group (NYSE: RDN), announced that its mortgage insurance quotes are now available through Lender Price, a cloud-native, AI-driven pricing engine used by banks, lenders, credit unions, and mortgage brokers.
The integration delivers quotes powered by RADAR Rates, Radian's proprietary risk-based pricing model, directly inside lenders' existing workflows, with traditional rate cards also accessible through the same connection.
The deal extends Radian's digital distribution for MI quoting but carries no disclosed financial terms; it is a routine product-integration announcement with limited near-term earnings impact.
• 1mo ago AI analysis › Press Release
Mike Weinbach Assumes CEO Role at Radian and Joins Board of Directors
Mike Weinbach has assumed the role of Chief Executive Officer and joined the Board of Directors at Radian Group Inc., effective today. He succeeds Rick Thornberry, who will remain as a strategic advisor through his retirement on December 31, 2026.
Weinbach brings 30 years of experience from roles at Mr. Cooper Group, Wells Fargo, and JPMorgan Chase, succeeding Thornberry after his nine-year tenure as CEO.
This change completes the leadership transition announced in May as Radian continues to build momentum following its acquisition of Inigo Limited and the divestiture of non-core businesses.
• 2mo ago AI analysis › Press Release
Radian Declares Regular Quarterly Dividend
Radian Group's Board of Directors approved a regular quarterly dividend of $0.255 per share.
The dividend is payable on September 9, 2026 to stockholders of record as of August 24, 2026.
• 2mo ago AI analysis › Press Release
Radian Appoints Barry C. McCarthy to Board of Directors
Radian Group Inc. appointed Barry C. McCarthy to its Board of Directors, effective immediately, citing his extensive background in financial services and payments.
McCarthy currently serves as President and CEO of Deluxe Corporation and brings nearly four decades of executive experience from roles at First Data, Wells Fargo, and VeriSign.
Board Chair Howard B. Culang emphasized that McCarthy's transformation expertise and governance perspective will be valuable as Radian continues to evolve as a global multi-line specialty insurer.
• 2mo ago AI analysis › Press Release ● Major ⚠ 3
Radian Announces Second Quarter 2026 Financial Results
Radian reported Q2 2026 revenue of $575 million, up 93% year-over-year, driven by the acquisition of Inigo and a 14% increase in new mortgage insurance written. Adjusted diluted net operating income per share rose to $1.14 from $1.11 a year ago, while book value per share grew 8.5% to $36.00.
Capital deployment remained aggressive, with the company repurchasing 2.2 million shares for $76 million and paying $37 million in common stock dividends during the quarter. Radian Guaranty also paid a $200 million ordinary dividend to the holding company, with total expected dividends for 2026 reaching approximately $650 million.
Strategically, the company is nearing the completion of its divestiture program, having sold its Real Estate Services business and agreeing to sell its Title business. The Mortgage segment maintained a record $284 billion in insurance in force, while the Specialty segment posted a Combined Ratio of 97.7%.
• 3mo ago AI analysis › Press Release ● Major ⚠ 2
Radian Advances Strategic Transformation to Global Multi-Line Specialty Insurer with Sale of Real Estate Services Business and Agreement to Sell Title Business
Radian completed the sale of its Real Estate Services business to PLACE and entered a definitive agreement to sell its Title business, exiting all operations in its “All Other” segment.
Terms of the transactions were not disclosed; the Title sale is expected to close in Q4 2026 pending regulatory approvals.
These actions complete Radian's strategic transformation into a pure-play global multi-line specialty insurer following its prior acquisition of Inigo.
• 3mo ago AI analysis › Press Release
Radian to Webcast Second Quarter Conference Call
Radian Group announced it will hold a conference call on August 6, 2026, to discuss its second quarter 2026 financial results.
The company plans to release its Q2 earnings after the market closes on August 5, 2026.
A live webcast and digital replay will be accessible via the company's investor relations website.
• 3mo ago AI analysis › Press Release
Radian to Host Investor Day Today
Radian Group will host an Investor Day on June 4, 2026, in Midtown Manhattan.
Executive leadership will outline the company’s long-term strategy for value creation as a global multi-line specialty insurer.
The agenda includes an overview of the mortgage insurance business and an in-depth look at the Inigo specialty insurance business.
• 5mo ago AI analysis › Press Release
Radian Announces Inducement Grants to Incoming Chief Executive Officer Under NYSE Rule 303A.08
Radian disclosed the specific equity inducement awards granted to incoming CEO Michael Weinbach under NYSE Rule 303A.08.
The package includes 185,020 performance-based RSUs for the 2026 annual incentive, 77,090 performance-based sign-on RSUs, and 150,000 time-based sign-on RSUs vesting over three years.
Weinbach, who joins from Mr. Cooper Group, has already satisfied a 'matching' requirement by purchasing 170,000 shares of RDN stock in the open market.
• 5mo ago AI analysis › Press Release
Radian CEO Rick Thornberry Announces Intent to Retire; Board Appoints Mike Weinbach as His Successor
Radian CEO Rick Thornberry will retire in December 2026 after nearly a decade of leadership that tripled book value per share.
The board appointed Mike Weinbach as CEO-Elect effective June 1, 2026, with him assuming the full CEO role and joining the board on August 13, 2026.
Weinbach brings deep financial services experience from Mr. Cooper Group, Wells Fargo, and JPMorgan Chase, positioning him to lead Radian’s expansion into global specialty insurance following the recent $1.7 billion Inigo acquisition.
• 5mo ago AI analysis › Press Release
Radian Announces Results of 2026 Annual Meeting of Stockholders and Approves Regular Quarterly Dividend on Common Stock
Radian Group announced that stockholders re-elected all eleven director nominees at the 2026 Annual Meeting, while long-serving director Gregory Serio retired following the conclusion of his term.
The Board approved a regular quarterly dividend of $0.255 per share, payable June 17, 2026, to shareholders of record on June 2, 2026.
Stockholders also approved the say-on-pay proposal, a new equity compensation plan, and the ratification of PricewaterhouseCoopers as independent auditor.
• 5mo ago AI analysis › Press Release ● Major ⚠ 2
Radian Announces First Quarter 2026 Financial Results
Radian reported first quarter adjusted net operating income per share of $1.27, an increase from $1.04 in the prior year, driven by the completion of the Inigo acquisition.
Total revenues rose to $466 million compared to $295 million a year ago, while book value per share grew 10% year-over-year to $35.67.
Capital return activities included $50 million in share repurchases and a $35 million dividend paid to stockholders during the quarter.
• 6mo ago AI analysis › Press Release
Radian to Host Investor Day on June 4, 2026
Radian Group announced it will host an Investor Day on June 4, 2026, in New York City to discuss its long-term strategy for value creation.
The presentation will focus on the company's financial foundation, capital management, and its complementary insurance businesses including mortgage insurance and the Inigo specialty segment.
Management will host a live Q&A session for in-person attendees, and the event will be accessible via live webcast with a replay available for one year.
• 6mo ago AI analysis ›