Feed / RDN

Radian Group Inc.

RDN

Financial Services · 31.21 -4.8% today

Isolated · not yet confirmedMarket checked 1 Oct, 14:30 GMT-4

Market read

No connected market move is active around Radian Group Inc..

No new filing conclusion is available. 0 of 0 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 4 directly disclosed connections are confirming.

Company-4.8% todayVolume comparison unavailable
Market groupNo active group readNo durable group available
Disclosed network0 of 4 confirmingNo filing-linked name is confirming now
What would change this read
  • Interest expense rose $10M in Q1 2026 tied to the Intercompany Note issued in connection with the Inigo acquisition and higher borrowing costs from credit facilities.

Invalidation: The isolated read changes if RDN's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Financial Services · Insurance - Specialty

No new filing conclusion is available. 0 of 0 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 4 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • Interest expense rose $10M in Q1 2026 tied to the Intercompany Note issued in connection with the Inigo acquisition and higher borrowing costs from credit facilities.

Company research

Understand the business, not just the ticker

As of Oct 1, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations341
Usable filing statements158
Verified relationships4
Evidence supporting the case

No qualifying supportive evidence was identified.

Evidence challenging the case
  • Latest annual revenue changed -0.8% year over year.
  • Net margin changed -1.4 percentage points in the latest annual period.
  • Operating cash flow was only 0.21x net income in the latest annual period.
  • Credit and interest rates has repeated adverse evidence across 5 filings.
Questions before a position
  • P/E is 58% below the available filing-peer median; determine whether growth and quality justify the difference.
  • EV/sales is 39% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 30, 2026

30.62
6m-7.4%12m-16.0%24m—
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$1.3B-7.6%$3.16-3.2%
2022-12-31$1.2B-10.5%$4.35-10.3%
2023-12-31$1.2B-1.1%$3.77-6.2%
2024-12-31$1.2B+2.5%$3.92-3.7%
2025-12-31$1.2B-0.8%$4.14-8.7%

What management says matters

Persistent and emerging business drivers

Credit and interest ratesmixed · 5 filings
“The increase in interest expense for the three and six months ended June 30, 2026, as compared to the same periods in 2025, is primarily due to interest expense on credit facilities for Inigo and Radian Group.”
10-Q · Aug 7, 2026 ↗
Foreign exchangemixed · 2 filings
“Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are included in net gains (losses) on financial instrume…”
10-Q · Aug 7, 2026 ↗
Macroeconomic conditionsnegative · 1 filings
“Volatility or lack of liquidity in the markets in which we invest has at times reduced the market value of some of our investments, including as a result of disruption in the financial markets such as occurred following the onset of the COVID-19 pandemic, and…”
10-K · Feb 20, 2026 ↗
Restructuring and cost reductionsnegative · 1 filings
“The decrease in the loss from discontinued operations, net of tax for 2024 as compared to 2023 is primarily driven by a decrease in non-operating items including $15 million of amortization and impairment of goodwill and other acquired intangible assets, whic…”
10-K · Feb 20, 2026 ↗

Valuation discipline

Descriptive valuation snapshot

Price/sales 3.6× · EV/sales 3.6×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Scenarios are withheld for Financial Services until sector-specific earnings and capital metrics are available; generic revenue/P/S scaffolds would be misleading.

Price action

How the market is pricing the story

31.21-4.8% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 1 Oct, 15:00 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for RDN. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for RDN. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind RDN

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

ATMPFiling-linked namelenderFeb 20, 2026 ▾

“1-11356) dated November 4, 2025, and filed on November 7, 2025) *10.46 Fourth Amendment and Restatement Letter of Credit Facility Agreement, by and among Inigo Corporate Member Limited as borrower, Inigo Limited as guarantor, BARCLAYS BANK PLC, NATIONAL WESTM…”

BNSThe Bank of Nova ScotialenderFeb 20, 2026 ▾

“1-11356) dated November 4, 2025, and filed on November 7, 2025) *10.46 Fourth Amendment and Restatement Letter of Credit Facility Agreement, by and among Inigo Corporate Member Limited as borrower, Inigo Limited as guarantor, BARCLAYS BANK PLC, NATIONAL WESTM…”

HSBCHSBC Holdings plclenderFeb 20, 2026 ▾

“1-11356) dated November 4, 2025, and filed on November 7, 2025) *10.46 Fourth Amendment and Restatement Letter of Credit Facility Agreement, by and among Inigo Corporate Member Limited as borrower, Inigo Limited as guarantor, BARCLAYS BANK PLC, NATIONAL WESTM…”

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 1 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

RDN is currently a Leader in the organic co-movement group Unknown Theme. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.