News & Videos - RADIAN GROUP INC.

Radian Group Inc. (NYSE: RDN) announced today that the company’s Board of Directors approved a regular quarterly dividend on its common stock in the amount of $0.225 per share, payable September 6, 2023, to stockholders of record as of August 21, 2023. About Radian Radian Group Inc. (NYSE: RDN) is ensuring the American dream of homeownership responsibly and sustainably through products and services that include industry-leading mortgage insurance and a comprehensive suite of mortgage, risk,...

Radian Group Inc. (NYSE:RDN) today announced that Anne Leyden has been appointed to serve on its Board of Directors. Anne is a senior human capital management executive with broad consumer and business-to-business leadership experience in the financial services and consumer credit sectors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230807034151/en/ Anne Leyden, Radian Board Member (Photo: Business Wire) “Anne is an extremely...

Radian Group Inc. (NYSE: RDN) today reported net income for the quarter ended June 30, 2023, of $146 million, or $0.91 per diluted share. This compares with net income for the quarter ended June 30, 2022, of $201 million, or $1.15 per diluted share. Key Financial Highlights Quarter ended ($ in millions, except per-share amounts) June 30, 2023 March 31, 2023 June 30, 2022 Total revenues (1) (2) $290 $311 $287 Net income (2) $146 $158 $201 Diluted net income per share $0.91 $0.98 $1.15...

Radian Group Inc. (NYSE: RDN) today announced that it will hold a conference call on Thursday, August 3, 2023 at 12:00 p.m. Eastern time to discuss the company’s second quarter 2023 results, which will be announced after the market closes on Wednesday, August 2, 2023. The conference call will be webcast live on the company’s website at https://radian.com/who-we-are/for-investors/webcasts or at www.radian.com . The webcast is listen-only. Those interested in participating in the...

Radian Group Inc. (NYSE: RDN) will host an Investor Day today, Tuesday, June 20, 2023, from 9:00 a.m. to 2:00 p.m. EDT and ring the Closing Bell at the New York Stock Exchange in New York City. The company’s senior leaders will provide details on Radian’s business strategy, priorities, key business and product initiatives and financial metrics. The event will be broadcast live over the Internet at https://www.radian.com/who-we-are/for-investors/webcasts . To learn more, visit the company’s...

Radian Group Inc. (NYSE:RDN) today announced that Sumita Pandit has been named Senior Executive Vice President and Chief Financial Officer (CFO), effective immediately. She succeeds J. Franklin Hall in this role, who served as CFO until December 2022. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230518005731/en/ Sumita Pandit, Senior Executive Vice President, Chief Financial Officer, Radian (Photo: Business Wire) Pandit joined...

Radian Group Inc. (NYSE: RDN) announced today that its stockholders re-elected all eleven of the company’s directors, who serve one-year terms and are elected annually. In addition to the election of directors, the company’s stockholders approved all other proposals recommended by the Board of Directors and presented for vote at Radian’s 2023 Annual Meeting, including a proposal to approve the compensation of Radian’s named executive officers (“say-on-pay”), and advisory proposals to...

Radian Group Inc. (NYSE: RDN) today reported net income for the quarter ended March 31, 2023, of $158 million, or $0.98 per diluted share. This compares with net income for the quarter ended March 31, 2022, of $181 million, or $1.01 per diluted share. Key Financial Highlights Quarter ended ($ in millions, except per-share amounts) March 31, 2023 December 31, 2022 March 31, 2022 Total revenues (1) $311 $315 $293 Net income (1) $158 $162 $181 Diluted net income per share $0.98 $1.01 $1.01...

Radian Group Inc. (NYSE: RDN) today announced that it will host an Investor Day on Tuesday, June 20, 2023 beginning at 9:00 a.m. Eastern time at the New York Stock Exchange in New York City. The company’s senior leaders will provide details on Radian’s business strategy, priorities, key business and product initiatives and financial metrics. The event will be broadcast live over the Internet at https://www.radian.com/who-we-are/for-investors/webcasts . A replay of the webcast will be...

Radian Group Inc. (NYSE: RDN) today announced that it will hold a conference call on Thursday, May 4, 2023 at 12:00 p.m. Eastern time to discuss the company’s first quarter 2023 results, which will be announced after the market closes on Wednesday, May 3, 2023. The conference call will be webcast live on the company’s website at https://radian.com/who-we-are/for-investors/webcasts or at www.radian.com . The webcast is listen-only. Those interested in participating in the question-and-answer...

Radian Group Inc. (NYSE: RDN) today announced that Sumita Pandit has been appointed Senior Executive Vice President and Chief Growth Officer effective March 6, 2023. Reporting to Radian’s Chief Executive Officer Rick Thornberry, she will join the company’s executive leadership team and lead activities associated with developing and implementing the company’s long-term strategic growth plans. This press release features multimedia. View the full release here:...

Radian Group Inc. (NYSE: RDN) announced today its plans to continue the return of capital to stockholders through an increased quarterly dividend. The company’s Board of Directors approved a quarterly dividend of $0.225 per share, an increase of 12.5 percent from the previous quarterly dividend. The dividend is payable on March 15, 2023 to stockholders of record as of February 27, 2023. This is the fourth consecutive year the company has increased the quarterly dividend, with a total increase...

Radian Group Inc. (NYSE: RDN) today announced that Fawad Ahmad has been appointed to serve on its Board of Directors. Ahmad is a highly respected technology leader and insurance executive who has led transformational digital initiatives at several industry-leading companies delivering digital, data and analytics innovation across the high-tech, e-commerce, retail, and insurance industries. This press release features multimedia. View the full release here:...

Radian Group Inc. (NYSE: RDN) today reported net income for the quarter ended December 31, 2022, of $162.3 million, or $1.01 per diluted share. This compares with net income for the quarter ended December 31, 2021, of $193.4 million, or $1.07 per diluted share. Net income for the full year 2022 was $742.9 million, or $4.35 per diluted share. This compares with net income for the full year 2021 of $600.7 million, or $3.16 per diluted share. Key Financial Highlights Quarter ended Year ended ($ in...

Radian Group Inc. (NYSE: RDN) today announced that it has been selected for the 2023 Bloomberg Gender-Equality Index (GEI), a global index of public companies committed to supporting gender equality through policy development, representation and transparency. This is the fifth consecutive year Radian has been named to the prestigious index. Radian is one of 484 global companies – headquartered in 45 countries and spanning 11 sectors and 54 industries – to be selected for this year’s index....

Radian Group Inc. (NYSE: RDN) announced today a series of capital actions to enhance financial flexibility that were completed as of year-end 2022. As a result of the favorable impact of these actions and Radian’s financial outlook, the company expects Radian Guaranty Inc., the company’s flagship mortgage insurance subsidiary, to begin paying recurring ordinary dividends to Radian Group with 2023 ordinary dividends projected to be between $300 to $400 million and ordinary dividends in future...

Radian Group Inc. (NYSE: RDN) today released its inaugural Diversity, Equity and Inclusion (DEI) Annual Report , which provides an in-depth review of the organization’s DEI strategy, practices and reporting metrics as of the end of 2021, as well as its plan to build upon progress in the years to come. The DEI Annual Report serves as a mission statement, roadmap and accountability tool for measuring how the company is working to advance diversity, equity and inclusion throughout Radian and...

Radian Group Inc. (NYSE:RDN) today announced its 2022 “Opens Doors Opens Hearts” fundraising campaign generated $154,580 to benefit the MBA Opens Doors Foundation . The annual fundraising initiative hosted by Radian is designed to create awareness and drive donations for the foundation’s Home Grant Program, which provides mortgage and rental assistance to those caring for a critically ill or injured child. This year, nearly 300 donors contributed more than $77,000 to the “Opens Doors...

Radian Group Inc. (NYSE: RDN) announced today that the company’s Board of Directors approved a regular quarterly dividend on its common stock in the amount of $0.20 per share, payable December 2, 2022, to stockholders of record as of November 21, 2022. About Radian Radian Group Inc. (NYSE: RDN) is ensuring the American dream of homeownership responsibly and sustainably through products and services that include industry-leading mortgage insurance and a comprehensive suite of mortgage, risk,...

Radian Group Inc. (NYSE: RDN) today reported net income for the quarter ended September 30, 2022, of $198.3 million, or $1.20 per diluted share. This compares with net income for the quarter ended September 30, 2021, of $126.4 million, or $0.67 per diluted share. Key Financial Highlights Quarter ended ($ in millions, except per-share amounts) September 30, 2022 June 30, 2022 September 30, 2021 Net income (1) $198.3 $201.2 $126.4 Diluted net income per share $1.20 $1.15 $0.67 Consolidated pretax...