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Radian Group Inc  (RDN)
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Radian Group Inc

RDN's Financial Statements and Analysis



Radian Group Inc reported in the forth quarter of 2023 net earnings per share of $0.91 an increase by 990.55 % year on year from $0.08 and decline of -7.13 % from $0.98 earned in III. Quarter (Sep 30 2023).


forth quarter of 2023
Earnings Per Share Revenues
$ 0.91 $  326 Mill
$+0.83     +990.55 % $-128M     -28.18 %



Radian Group Inc's Revenue fell by -28.18 % in forth quarter of 2023 (Dec 31 2023) year on year, to $326 million and advanced by 3.98 % sequentially.


Radian Group Inc is

More on RDN's Income Statement



Radian Group Inc's net income of $142.693 million in the forth quarter of 2023 increased by 611.08 % from net earnings of $20.067 million achieved in IV. Quarter a year ago.

Sequentially net earnings fell by -8.87 % from net income of $156.582 million realized in previous quarter.

More on RDN's Growth

Radian Group Inc Inventories
In Dec 31 2023 company's net cash and cash equivalents decreased by $-37 million, capital expenditures grew by -5.523-65.85%, to $-2 millions compare to same quarter a year ago

More on RDN's Cash flow Statement


Radian Group Inc payed out dividend of $0.91 per share in last 52 weeks representing 24.07 % of net earning per share in trailing twelve-month period.

During the same period Radian Group Inc earned $ 3.31 cash per share, on a free-cash flow basis 87.55 % of net earning per share.

Book value grew by 6.01 % sequentially to $27.49 per share, 120.15% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 27.49 per share from $ 25.86.

Company repurchased 0.17 million shares or 0.11 % in Dec 31 2023.
Interest Coverage Ratio was 9.56. Debt Coverage Ratio was 0.54.

More on RDN's Dividends

 Market Capitalization (Millions) 5,015
 Shares Outstanding (Millions) 160
 Total Debt (Millions $) 1,537
 Revenue (TTM) (Millions $) 1,241
 Net Income (TTM) (Millions $) 603
 Cash Flow (TTM) (Millions $) -37
 Capital Exp. (TTM) (Millions $) -16
 Dividend TTM ($) 0.91 $
 Dividend Yield TTM (%) 2.78 %
 Employees (TTM) $ 1,881




Radian Group Inc payed out dividend of $0.91 per share in the last 52 weeks representing 24.07 % of net earning per share in trailing twelve-month period.

During the same period Radian Group Inc had $ 3.31 cash flow per share, on a free-cash flow basis 87.55 % of net earning per share.

Book value grew by 6.01 % sequentially to $27.49 per share, 120.15% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 27.49 per share from $ 25.86.

Company repurchased 0.17 million shares or 0.11 % in Dec 31 2023.
Interest Coverage Ratio was 9.56. Debt Coverage Ratio was 0.54.

More on RDN's Balance Sheets

 Market Capitalization (Millions) 5,015
 Shares Outstanding (Millions) 160
 Total Debt (Millions $) 1,537
 Revenue (TTM) (Millions $) 1,241
 Net Income (TTM) (Millions $) 603
 Cash Flow (TTM) (Millions $) -37
 Capital Exp. (TTM) (Millions $) -16
 Dividend TTM ($) 0.91 $
 Dividend Yield TTM (%) 2.78 %
 Employees (TTM) $ 1,881
   


  News about Radian Group Inc Earnings

Radian Group Inc. Reports Surging EPS Amidst Revenue Decline in Q4 2023

Radian Group Inc. recently announced its financial results for the quarter and full year ended December 31, 2023. Despite a decrease in net income compared to the previous year, the company still managed to report earnings of $143 million, or $0.91 per diluted share, for the fourth quarter of 2023. This is in contrast to the net income of $162 million, or $1.01 per diluted share, recorded in the same quarter of 2022.
For the full year 2023, Radian Group Inc. reported net income of $603 million, or $3.77 per diluted share. In comparison, the net income for the full year 2022 stood at $743 million, or $4.35 per diluted share. Although there was a decline in net income for 2023, the company remains optimist...

Radian Group Inc. Surges with a Strong 5.856% Revenue Growth, Showcasing Stellar Performance in Q3 2023

Radian Group Inc, a leading provider of mortgage insurance and risk management services, has seen a solid gain in its shares over the past 5 trading days and the past 12 months. The shares recorded a gain of 8.35% in the past 5 trading days and 20.76% over the past 12 months. Despite this positive performance, the shares are currently 4% short off their 52-week high.
According to Radian Group Inc's financial report for the quarter ended September 30, 2023, the company reported an increase in revenue by 5.856% to $313.53 million compared to $296.19 million in the previous year. However, its income fell by -18.33% to $0.98 per share from $1.20 in the prior year. On a quarterly basis, revenue advanced by 7....

Radian Group Inc Grapples with Surprising Profit Slump Despite Revenue Upswing in Latest Fiscal Period

Radian Group Inc, a leading Property and Casualty Insurance company, recently reported its financial results for the fiscal second quarter of 2023. While there was a decline in income by -20.87% compared to the same quarter a year before, the company experienced a remarkable revenue advance of 1.248%. Despite the overall decrease in net earnings, Radian Group Inc outperformed its industry peers with a business advance of 21.99% relative to the previous year.
In Q2 2023, Radian Group Inc generated $290.41 million in revenue, with earnings per share (EPS) standing at $0.91. Although there was a decrease in net profit per share by -7.14% from the previous quarter, and a -6.505% decrease in revenue from $310...

RDN Reports Decrease in Income during the Financial Time-frame Ending March 31, 2023

Radian Group Inc is a company that operates in the Property and Casualty Insurance industry, providing private mortgage insurance and other mortgage and real estate services to its clients. The company has been in operation for nearly 50 years, and has established a reputation as a trusted provider of insurance and mortgage services.
However, in recent years, Radian Group Inc has experienced some challenges in the market. As the above article notes, the company's return on equity (ROE) decreased in the first quarter of 2023, despite net income growth. Additionally, the company's overall ranking for ROE deteriorated compared to the p...


Date modified: 2024-02-24T16:53:02+00:00





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