Radian Group Inc. (RDN) Stock Price & Analysis
Radian Group Inc. (RDN) closed at USD 34.96 on Wednesday, October 28, 2026, down 2.07% on the day. The US market is currently closed; this is not a live price.
The prior close was USD 34.96; the Oct 28, 2026 session ranged USD 34.92–35.42 on volume of 1,606,183 shares. Market capitalization is —, with a 52-week range of USD 30.53–41.05 (NYQ). Source: Nexqual, retrieved October 29, 2026 at 07:43 UTC.
Also available as compact Markdown for AI agents: nexqual.com/RDN.md
Key facts (RDN)
- Last four reported quarters (through Jun 30, 2026): revenue $1.64B, net income $536M (32.6% margin), free cash flow $1.39B (SEC filings).
- Valuation: P/E 8.6x (avg 8.1x at the last 3 fiscal year-ends), net debt $1.11B.
- 1 of 80 tracked superinvestors hold RDN (13F, Q2 2026): 0 new, 1 added, 0 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 13 Form 4 filings, $3.8M; 6 not under a Rule 10b5-1 plan ($598K); 9 by opportunistic insiders (3 outside 10b5-1 plans), 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Insider open-market purchases, last ~7 months: 1 Form 4 filing, $5.8M; 0 by opportunistic insiders, 0 by routine insiders.
- Total return with dividends: 1Y +8.8% vs S&P 500 +13.6%; 5Y +72.4% vs S&P 500 +79.8%.
- Next earnings: 2026-11-04, EPS estimate USD 1.21, revenue estimate $623M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (RDN)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $1.33B | $1.19B | $1.18B | $1.21B | $1.20B | $1.64B |
| Gross profit | $1.23B | $1.11B | $1.14B | $1.17B | — | — |
| Net income | $601M | $743M | $603M | $604M | $583M | $536M |
| EPS (diluted) | $3.16 | $4.35 | $3.77 | $3.92 | $4.14 | — |
| Free cash flow | $545M | $371M | $521M | -$665M | $116M | $1.39B |
| Gross margin | 92.2% | 93.1% | 96.7% | 96.8% | — | — |
| Net margin | 45.2% | 62.4% | 51.2% | 50.1% | 48.7% | 32.6% |
| Revenue growth | -7.6% | -10.5% | -1.1% | +2.5% | -0.8% | — |
| Cash + short-term investments | $151M | $56.2M | $19.0M | $19.2M | $24.8M | — |
| Total debt | — | — | — | — | $1.11B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (RDN)
P/E 8.6x · P/S 2.8x · EV/Sales 3.5x · P/FCF 3.3x · P/B 1.0x · FCF yield 30.06% · Earnings yield 11.59% · Dividend yield (paid, TTM) 3.08% · Buyback yield (TTM) 2.82% · Net debt $1.11B · EV $5.74B
P/E at fiscal year-ends: Dec 2025 8.7x, Dec 2024 8.1x, Dec 2023 7.6x.
Superinvestors (SEC 13F-HR, Q2 2026) (RDN)
1 of 80 tracked investors hold RDN. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| First Eagle Investment | First Eagle Investment Management | 0.01% | $8.7M | Added +27.8% |
Insider sales (SEC Form 4, open-market, last ~7 months) (RDN)
7 of 13 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-14 | Bartholomew Meghan | Sr EVP Co-Head Radian Guaranty | 7,812 | $281K | 16.6% | Yes | Too little history (no open-market trades in 2023–2025) |
| 2026-07-14 | Hoffman Edward J | Sr EVP, General Counsel | 20,000 | $780K | 13.6% | Yes | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-06-03 | Bartholomew Meghan | Sr. EVP, Co-Head of MI | 1 | $0K | 0% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-06-03 | Conner Brad L. | Director | 1,200 | $41K | 3.1% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-29 | Leyden Margaret Anne | Director | 2,070 | $72K | 23.2% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-27 | Culang Howard Bernard | Director | 3,612 | $130K | 31% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-05-26 | Culang Howard Bernard | Director | 5,000 | $181K | 30% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-05-26 | Spiegel Noel Joseph | Director | 4,834 | $175K | 19.5% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-05-08 | Hoffman Edward J | Sr EVP, General Counsel | 15,000 | $570K | 13.2% | Yes | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-04-29 | Hoffman Edward J | Sr EVP, General Counsel | 15,000 | $555K | 12.1% | Yes | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-04-23 | Hoffman Edward J | Sr EVP, General Counsel | 15,000 | $540K | 10.8% | Yes | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-04-17 | Hoffman Edward J | Sr EVP, General Counsel | 13,009 | $455K | 8.6% | Yes | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-04-10 | Hoffman Edward J | Sr EVP, General Counsel | 1,991 | $70K | 1.3% | Yes | Opportunistic (traded every year 2023–2025, no repeating month) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Insider purchases (SEC Form 4, open-market, last ~7 months) (RDN)
1 purchase, $5.8M. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-06-01…2026-06-02 | Weinbach Michael S | Chief Executive Officer- Elect | 170,000 | $5.8M | 33.93 | Too little history (no open-market trades in 2023–2025) |
Analysts (RDN)
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-05 | Barclays | Target raised | Equal-Weight | $35 → $36 |
| 2026-08-11 | Keefe, Bruyette & Woods | Target lowered | Outperform | $46 → $44 |
| 2026-08-10 | Barclays | Target lowered | Equal-Weight | $39 → $35 |
Total return (dividends reinvested) (RDN)
| 1Y (from 2025-10-29) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | +8.8% | +72.4% |
| S&P 500 (SPY) | +13.6% | +79.8% |
| Per year | +8.8% | +11.5% |
| Volatility (annualized) | 25.8% | 23.8% |
| Max drawdown | -22.4% (Jul 2026→Sep 2026) | -22.3% (Feb 2022→Jun 2022) |
RDN earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| — | Quarter ended Jun 30, 2026 | $1.14 | $1.35 | Miss −15.6% | — |
| — | Quarter ended Mar 31, 2026 | $1.23 | $1.20 | Beat +2.5% | — |
| — | Quarter ended Dec 31, 2025 | $1.13 | $1.09 | Beat +3.7% | — |
| — | Quarter ended Sep 30, 2025 | $1.07 | $1.01 | Beat +5.9% | — |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).
RDN recent SEC filings (last 120 days)
| Filed | Form | What it says |
|---|---|---|
| Oct 28, 2026 | 8-K | Director or executive officer change, or pay arrangement “On October 28, 2026, the Board of Directors (the "Board") of Radian Group Inc. (the "Company") appointed Daniel Kobell as Senior Executive Vice President, Chief Financial Officer. Mr. Kobell has served as Interim Chief Financial Officer since February 12, 2026. A description of Mr. Kobell's professional experience is disclosed in the "Executive Officers" section of the Company's 2026 Proxy Statement filed with the Securities and Exchange Commission on April 2, 2026.” |
| Aug 11, 2026 | 8-K | Director or executive officer change, or pay arrangement; Regulation FD disclosure “Appointment of Directors On August 10, 2026, upon the recommendation of the Governance Committee of the board of directors (the "Board") of Radian Group Inc. (the "Company"), the Board increased the size of the Board from eleven to twelve directors and appointed a new director, Barry C. McCarthy, to the Board. Mr. McCarthy's compensation will be consistent with the Company's compensatory arrangements for non-employee directors. There is no arrangement or understanding between Mr. McCarthy and any other person…” |
| Aug 7, 2026 | 10-Q | Quarterly report · period ended Jun 30, 2026 |
| Aug 6, 2026 | 8-K | Quarterly results |
Source: SEC EDGAR. Quotes are the opening words of each item as filed; each form links to the filing. Insider Form 4 filings are listed in the insider sections.
RDN revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Specialty Segment Operating | $293.3M | 50.0% | — |
| Mortgage Segment Operating | $293.2M | 50.0% | +1.7% |
| Total revenue | $586.6M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
RDN suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | Inigo | “Further, the integration of the operations and employees of Inigo may prove more difficult than anticipated, due to unknown or contingent liabilities; unanticipated issues in integrating information, management style, controls and procedures, servicing and originations practices, communications and other systems including information technology systems; unanticipated incompatibility of purchasing, logistics, marke…” |
Quoted from the company's 10-K filed Feb 20, 2026.
RDN company outlook (results filed Aug 6, 2026)
- “The company repaid $125 million of this borrowing during the first half of 2026 and expects to repay this borrowing in full during 2026. ▪ During the second quarter of 2026, the company repurchased 2.2 million shares of Radian Group common stock at a total cost of $76 million.”
- “Under these agreements, we expect to cede future NIW as follows: 15% of policies issued between July 1, 2027 and June 30, 2028 (increasing total coverage to 30%), and 20% of policies issued between July 1, 2028 and June 30, 2029, in each case subject to certain conditions.”
- “FORWARD-LOOKING STATEMENTS All statements in this press release that address events, developments or results that we expect or anticipate may occur in the future are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the U.S.”
Quoted word-for-word from the SEC 8-K results press release.
RDN analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $1.21 | $1.34 | -9.7% | $622.9M | 6 |
| Next quarter (ends Dec 2026) | $1.26 | $1.34 | -5.7% | $629.9M | 6 |
| Current fiscal year (ends Dec 2026) | $4.87 | $5.30 | -8.0% | $2.31B | 6 |
| Next fiscal year (ends Dec 2027) | $5.23 | $5.49 | -4.8% | $2.48B | 6 |
Key Statistics (as of October 29, 2026 at 07:43 UTC)
| Price | USD 34.96 |
|---|---|
| Change | ▼ 2.07% (down) |
| Previous Close | USD 34.96 |
| Open | USD 34.96 |
| Day Range | USD 34.92 – 35.42 |
| 52-Week Range | USD 30.53 – 41.05 |
| Volume | 1,606,183 shares |
| Market Cap | — |
| Exchange | NYQ |
Technical Analysis (RDN)
Nexqual's technical model rates RDN "STRONG BUY" based on 5 bullish and 0 bearish signals across 127 daily candles, as of October 29, 2026 at 07:43 UTC.
| Overall Signal | STRONG BUY |
|---|---|
| RSI (14) | 52.15 (neutral) |
| vs SMA50 | Above (USD 34.86) |
| MACD | 0.23 (positive) |
Earnings (RDN)
| Next Earnings Date | 2026-11-04 |
|---|---|
| EPS Estimate | USD 1.21 |
| Revenue Estimate | $622.85M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 1.14 vs est 1.35 ▼ miss |
| 2026-03-31 | USD 1.23 vs est 1.2 ▲ beat |
| 2025-12-31 | USD 1.13 vs est 1.09 ▲ beat |
| 2025-09-30 | USD 1.07 vs est 1.01 ▲ beat |
Source: Nexqual, October 29, 2026 at 07:43 UTC.
Financials & Fundamentals (RDN)
| Total Revenue | $1.65B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +93.50% |
| Gross Margin | +69.30% |
| Operating Margin | +31.63% |
| Profit Margin | +32.51% |
| ROE | +12.03% |
| Debt / Equity | 0.28 |
| Current Ratio | 1.59 |
| Total Cash | $712.06M |
| Total Debt | $1.34B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $1.39B (84.5% of revenue) |
Source: Nexqual, October 29, 2026 at 07:43 UTC.
Financial Health Score (RDN)
Nexqual rates Radian Group Inc.'s overall financial health "Solid" across five dimensions, as of October 29, 2026 at 07:43 UTC.
| Growth | Mixed — Revenue +0.2% YoY (annual), slow |
|---|---|
| Profitability | Strong — Gross margin 69%, operating 32% (last 12 months) |
| Balance Sheet | Strong — $119M cash and investments vs $1.23B debt (Jun 2026, SEC) |
| Cash Flow | Strong — FCF $1.39B (last 4 quarters to Jun 2026, SEC), 85% margin |
| Efficiency | Mixed — ROE 11%, ROA 5.0% (last 4 quarters, SEC) |
Ownership (RDN)
| Insider Ownership | +1.66% |
|---|---|
| Institutional Ownership | +97.11% |
| Shares Outstanding | 132.30M |
| Float | 129.98M |
| Short % of Float | +8.27% |
Source: Nexqual, October 29, 2026 at 07:43 UTC.
Leadership (RDN)
Radian Group Inc. is led by Michael Scott Weinbach, CEO & Director, per Nexqual as of October 29, 2026 at 07:43 UTC.
| CEO & Director | Michael Scott Weinbach |
|---|---|
| Interim Chief Financial Officer | Daniel Ephraim Kobell |
| Vice President of Finance & Investor Relations | Robert Lally |
| Senior Vice President of Corporate Development & Investor Relations | John W. Damian |
Major Backers & Investors (RDN)
Notable institutional backers of Radian Group Inc. include LSV Asset Management, American Century Companies Inc, Donald Smith & Co., Inc., according to Nexqual as of October 29, 2026 at 07:43 UTC.
Active Investors
| Investor | Stake |
|---|---|
| LSV Asset Management | 4.83% |
| American Century Companies Inc | 3.87% |
| Donald Smith & Co., Inc. | 3.27% |
| UNDISCOVERED MANAGERS Fd.S-Undiscovered Managers Behavioral Value Fd. | 1.21% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 14.61% |
| Vanguard Group | 11.52% |
| Dimensional Fund Advisors | 4.59% |
| State Street | 4.52% |
| Geode Capital | 2.71% |
| Allianz Asset Management GmbH | 2.06% |
Source: Nexqual, October 29, 2026 at 07:43 UTC.
From Radian Group Inc.'s Latest SEC 10-K Filing (filed 2026-02-20)
Key Strengths & Strategy (as disclosed to the SEC)
- Use of our delegated underwriting program enables us to meet lenders' demands for an immediate decision on their mortgage insurance application without the need to submit the underwriting file to us for review and approval.
Partnerships
- We have entered into a Factored Claim Administration Agreement with Fannie Mae that applies to certain loans owned by Fannie Mae that were insured under our Master Policies for which a claim is submitted on or after October 1, 2018.
Legal & Regulatory Risks (Item 1A, quoted)
- Our businesses are subject to comprehensive insurance regulations and other requirements and may be impacted by regulatory and legislative developments and changes.
- Part I. Item 1A. Risk Factors
- Compliance with the PMIERs financial requirements could impact our holding company liquidity if additional capital support for Radian Guaranty is required for Radian Guaranty to increase its PMIERs Cushion or maintain compliance.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| MTG | MGIC Investment Corporation | USD 28.26 | ▼ 1.4% |
| ESNT | Essent Group Ltd. | USD 65.63 | ▼ 1.03% |
| FAF | First American Corporation (New | USD 63.55 | ▼ 1.3% |
| ACT | Enact Holdings, Inc. | USD 47.77 | ▼ 0.62% |
| NMIH | NMI Holdings Inc | USD 42.11 | ▼ 1.1% |
| AGO | Assured Guaranty Ltd. | USD 69.32 | ▼ 0.74% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 29, 2026 at 07:43 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt