Radian Group
About: Radian Group Inc provides mortgage insurance and services to the real estate and mortgage finance industries. Radian's mortgage insurance provides coverage to lending institutions throughout the United States. Its services include analytics and consulting for buyers and sellers of, and investors in, mortgage- and real estate-related loans and securities and other asset-backed securities. Insurance premiums account for more than three fourths of the company's revenue. Services revenue and investment income are the other principal sources of revenue. It operates in two segments: Mortgage and homegenius. The Mortgage segment earns the majority of revenue.
Employees: 1,100
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
14% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 28
7% more capital invested
Capital invested by funds: $4.73B [Q2] → $5.06B (+$324M) [Q3]
1% more funds holding
Funds holding: 319 [Q2] → 321 (+2) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]
4.19% less ownership
Funds ownership: 101.08% [Q2] → 96.9% (-4.19%) [Q3]
27% less call options, than puts
Call options by funds: $3.8M | Put options by funds: $5.23M
33% less repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 142
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Keefe, Bruyette & Woods Bose George 66% 1-year accuracy 25 / 38 met price target | 21%upside $40 | Outperform Maintained | 8 Jan 2025 |
Financial journalist opinion
Based on 5 articles about RDN published over the past 30 days
