RADIAN GROUP INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 30.35 USD | +0.13% |
|
+2.33% | +6.30% |
| Apr. 05 | North American Morning Briefing : Investors on -2- | DJ |
| Apr. 04 | Keefe Bruyette & Woods Downgrades Radian Group to Market Perform From Outperform, Adjusts PT to $35 From $36 | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 5,061 | 3,879 | 3,789 | 2,994 | 4,373 | 4,598 | - | - |
| Enterprise Value (EV) 1 | 5,061 | 3,879 | 3,789 | 2,994 | 4,373 | 4,598 | 4,598 | 4,598 |
| P/E ratio | 7.86 x | 10.1 x | 6.69 x | 4.38 x | 7.57 x | 9.05 x | 8.36 x | 7.76 x |
| Yield | 0.04% | 2.47% | 2.58% | 4.2% | 3.15% | 3.16% | 3.23% | 3.29% |
| Capitalization / Revenue | 3.31 x | 2.7 x | 2.85 x | 2.51 x | 3.52 x | 3.62 x | 3.47 x | 3.23 x |
| EV / Revenue | 3.31 x | 2.7 x | 2.85 x | 2.51 x | 3.52 x | 3.62 x | 3.47 x | 3.23 x |
| EV / EBITDA | - | - | - | - | - | - | - | - |
| EV / FCF | - | - | - | - | - | - | - | - |
| FCF Yield | - | - | - | - | - | - | - | - |
| Price to Book | 1.25 x | 0.91 x | 0.87 x | 0.76 x | 0.99 x | 0.98 x | 0.89 x | 0.83 x |
| Nbr of stocks (in thousands) | 201,149 | 191,557 | 179,333 | 157,025 | 153,160 | 151,509 | - | - |
| Reference price 2 | 25.16 | 20.25 | 21.13 | 19.07 | 28.55 | 30.35 | 30.35 | 30.35 |
| Announcement Date | 2/5/20 | 2/24/21 | 2/22/22 | 2/8/23 | 2/7/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,527 | 1,439 | 1,330 | 1,191 | 1,241 | 1,272 | 1,327 | 1,424 |
| EBITDA | - | - | - | - | - | - | - | - |
| EBIT 1 | 868.9 | 451.5 | 781.5 | 1,132 | 829.8 | 703.8 | 689.1 | - |
| Operating Margin | 56.9% | 31.38% | 58.77% | 95.06% | 66.89% | 55.34% | 51.95% | - |
| Earnings before Tax (EBT) 1 | 849 | 479.4 | 764.8 | 952.8 | 767.5 | 649.3 | 687.5 | - |
| Net income 1 | 672.3 | 393.6 | 600.7 | 742.9 | 603.1 | 514 | 542.5 | 581.1 |
| Net margin | 44.03% | 27.36% | 45.17% | 62.39% | 48.62% | 40.41% | 40.9% | 40.8% |
| EPS 2 | 3.200 | 2.000 | 3.160 | 4.350 | 3.770 | 3.355 | 3.629 | 3.913 |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| FCF margin | - | - | - | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | 0.0100 | 0.5000 | 0.5450 | 0.8000 | 0.9000 | 0.9600 | 0.9800 | 1.000 |
| Announcement Date | 2/5/20 | 2/24/21 | 2/22/22 | 2/8/23 | 2/7/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 325.8 | 338.4 | 293 | 286.8 | 296.2 | 314.7 | 310.6 | 290.4 | 313.5 | 328.6 | 314.4 | 316.6 | 319.1 | 322.5 | 324.3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 163.1 | 246.6 | 277.8 | 316.5 | 295.7 | 241.9 | - | 197.8 | 218.6 | 197.8 | 182.4 | 178.2 | 174.5 | 168.7 | - |
| Operating Margin | 50.08% | 72.87% | 94.83% | 110.35% | 99.83% | 76.86% | - | 68.09% | 69.72% | 60.19% | 58.03% | 56.28% | 54.7% | 52.3% | - |
| Earnings before Tax (EBT) 1 | 161.6 | 246.5 | 234.1 | 259.9 | 255.5 | 203.3 | 204 | 182.7 | 201 | 179.8 | 170.7 | 169.1 | 167.2 | 168.4 | 163.3 |
| Net income 1 | 126.4 | 193.4 | 181.1 | 201.2 | 198.3 | 162.3 | 157.8 | 146.1 | 156.6 | 142.7 | 130.8 | 128.8 | 129.9 | 130.9 | 129.5 |
| Net margin | 38.81% | 57.17% | 61.82% | 70.14% | 66.94% | 51.58% | 50.79% | 50.3% | 49.94% | 43.42% | 41.61% | 40.68% | 40.72% | 40.58% | 39.94% |
| EPS 2 | 0.6700 | 1.070 | 1.010 | 1.150 | 1.200 | 1.010 | 0.9800 | 0.9100 | 0.9800 | 0.9100 | 0.8426 | 0.8378 | 0.8500 | 0.8688 | 0.8562 |
| Dividend per Share 2 | 0.1400 | 0.1400 | 0.2000 | 0.2000 | 0.2000 | 0.2000 | 0.2250 | 0.2250 | 0.2250 | 0.2250 | 0.2375 | 0.2375 | 0.2375 | 0.2375 | 0.2500 |
| Announcement Date | 11/2/21 | 2/22/22 | 5/3/22 | 8/1/22 | 11/2/22 | 2/8/23 | 5/3/23 | 8/2/23 | 11/1/23 | 2/7/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt | - | - | - | - | - | - | - | - |
| Net Cash position | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| ROE (net income / shareholders' equity) | 17.9% | 8.2% | 14% | 20.3% | 14.5% | 11.8% | 11.2% | - |
| ROA (Net income/ Total Assets) | 10.2% | 5.34% | 7.61% | 9.97% | 8.23% | 6.8% | 6.6% | - |
| Assets 1 | 6,561 | 7,378 | 7,894 | 7,451 | 7,329 | 7,559 | 8,220 | - |
| Book Value Per Share 2 | 20.10 | 22.40 | 24.30 | 25.00 | 28.70 | 31.10 | 34.10 | 36.50 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex | - | - | - | - | - | - | - | - |
| Capex / Sales | - | - | - | - | - | - | - | - |
| Announcement Date | 2/5/20 | 2/24/21 | 2/22/22 | 2/8/23 | 2/7/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
HOLD
Number of Analysts
8
Last Close Price
30.35
USD
Average target price
32
USD
Spread / Average Target
+5.44%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +6.30% | 4.6B | |
| +38.91% | 61.52B | |
| +10.01% | 50.24B | |
| +12.05% | 48.88B | |
| +21.50% | 44.86B | |
| +22.39% | 33.96B | |
| +10.03% | 29.23B | |
| +50.11% | 27.95B | |
| +21.57% | 24.78B | |
| -3.96% | 20.38B |
- Stock Market
- Equities
- RDN Stock
- Financials Radian Group Inc.
