Investments
8Portfolio Exits
1Partners & Customers
10About Radian Group
Radian Group is a credit risk management company headquartered in Philadelphia with operations in New York and London. Radian develops financial solutions by applying its mortgage credit risk expertise and finance capabilities to the credit enhancement needs of the capital markets, primarily through credit insurance products. The company, also, provides credit enhancement for public finance and other corporate and consumer assets on a direct and reinsurance basis, while holding strategic interest in active, credit-based, consumer asset businesses.
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Latest Radian Group News
May 30, 2023
-100 growth stocks are soaring upward based on “AI” involvement, here are 4 stocks that look to be cheap — judging by the classic value stock approach to identifying these types of situations. Each of these trades below its book value with a low price-earnings ratio and each pays a dividend. The benefit to owning a “below book value” stock is that certain types of institutional investors screen to find them and to sometimes buy them out at a much higher price. While those who own the equity are waiting, it’s nice to be receiving the dividends that are paid. It doesn’t always work out to perfection, but here are 4 value stocks that may fit the bill: KB Home is a well-known residential construction stock that’s been steadily moving to higher prices even with higher interest rates. It trades at a 1% discount to its book value with a price-earnings ratio of 4.86, significantly below the Shiller p/e for the Standard and Poor’s 500 which now sits at 29.48. The company pays a 1.35% dividend. The daily price chart is here: KB Home daily price chart, 5 30 23. stockcharts.com MGIC Investment Corporation is a specialty insurance firm, or to put it in their words , they provide “products and services that protect mortgage investors from credit losses.” Right now the stock is available for purchase at 94% of its book value. It’s trading with a price-earnings ratio of 5.57. MORE FOR YOU MGIC Investments daily price chart, 5 30 23. stockcharts.com Eneti Inc is a Monaco-based marine shipping stock which trades at a 48% discount to its book value with a price-earnings ratio of 4.59. Average daily volume is 455,000 shares, relatively light for a New York Stock Exchange listed equity. The company’s long-term debt is greatly exceeded by shareholder equity. Eneti offers investors a .40% dividend. The daily price chart looks like this: Eneti daily price chart, 5 30 23. stockcharts.com Radian Group is a mortgage insurance company with headquarters in Wayne, Pennsylvania. The stock has a price-earnings ratio of 6.02 and trades at a 1% discount to book value. Radian pays a dividend of 3.45%. The daily price chart is here: Radian Group daily price chart, 5 30 23. stockcharts.com
Radian Group Investments
8 Investments
Radian Group has made 8 investments. Their latest investment was in Covered Insurance Solutions as part of their Corporate Minority on February 2, 2020.
Radian Group Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
2/25/2020 | Corporate Minority | Covered Insurance Solutions | Yes | 1 | ||
3/14/2008 | PIPE - II | |||||
10/9/2007 | Unattributed VC - III | |||||
1/9/2007 | Unattributed VC | |||||
7/12/2006 | Unattributed VC |
Date | 2/25/2020 | 3/14/2008 | 10/9/2007 | 1/9/2007 | 7/12/2006 |
|---|---|---|---|---|---|
Round | Corporate Minority | PIPE - II | Unattributed VC - III | Unattributed VC | Unattributed VC |
Company | Covered Insurance Solutions | ||||
Amount | |||||
New? | Yes | ||||
Co-Investors | |||||
Sources | 1 |
Radian Group Portfolio Exits
1 Portfolio Exit
Radian Group has 1 portfolio exit. Their latest portfolio exit was BPZ Resources on June 18, 2007.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
6/18/2007 | IPO | Public |
Date | 6/18/2007 |
|---|---|
Exit | IPO |
Companies | |
Valuation | |
Acquirer | Public |
Sources |
Radian Group Acquisitions
5 Acquisitions
Radian Group acquired 5 companies. Their latest acquisition was Five Bridges Advisors on January 16, 2019.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
1/16/2019 | Acquired | 1 | ||||
11/21/2018 | ||||||
3/28/2018 | Growth Equity | |||||
7/1/2014 | ||||||
6/6/2011 |
Date | 1/16/2019 | 11/21/2018 | 3/28/2018 | 7/1/2014 | 6/6/2011 |
|---|---|---|---|---|---|
Investment Stage | Growth Equity | ||||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Acquired | ||||
Sources | 1 |
Radian Group Partners & Customers
10 Partners and customers
Radian Group has 10 strategic partners and customers. Radian Group recently partnered with Berkshire Hathaway HomeServices on May 5, 2022.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
5/16/2022 | Client | United States | Homegenius inks partnership with Berkshire Hathaway HomeServices Homegenius inks partnership with Berkshire Hathaway HomeServices | 1 | |
4/23/2019 | Licensee | United States | 1 | ||
11/16/2018 | Partner | United States | 1 | ||
8/7/2018 | Partner | ||||
12/7/2017 | Licensee |
Date | 5/16/2022 | 4/23/2019 | 11/16/2018 | 8/7/2018 | 12/7/2017 |
|---|---|---|---|---|---|
Type | Client | Licensee | Partner | Partner | Licensee |
Business Partner | |||||
Country | United States | United States | United States | ||
News Snippet | Homegenius inks partnership with Berkshire Hathaway HomeServices Homegenius inks partnership with Berkshire Hathaway HomeServices | ||||
Sources | 1 | 1 | 1 |
Radian Group Team
35 Team Members
Radian Group has 35 team members, including current Chief Information Officer, Managing Partner, Jennifer Moore Evans.
Name | Work History | Title | Status |
|---|---|---|---|
Jennifer Moore Evans | Chief Information Officer, Managing Partner | Current | |
Name | Jennifer Moore Evans | ||||
|---|---|---|---|---|---|
Work History | |||||
Title | Chief Information Officer, Managing Partner | ||||
Status | Current |
Compare Radian Group to Competitors
HomeAmerican Mortgage provides lending solutions. It offers a variety of loan options without using a broker as a middleman. It was founded in 1983 and is based in Denver, Colorado.
American Home Mortgage ceased operations in August 2007. American Home Mortgage (NYSE: AHM) provides mortgage banking services. It offers loans against asset security. It was founded in 1987 and is based in Melville, New York.
RealRate provides financial strength rankings of insurers through artificial intelligence. Insurance companies can purchase the RealRate seal of approval to show their customers their highly competitive market position. For insurance customers, financial strength is the most important indicator of return on their premiums paid. For brokers, its rating service allows for qualified and independent financial advice.
Credit Benchmark is an independent source of aggregated financial intelligence, representing the street's perspective on credit risk in publicly and privately held firms. The firm pools credit risk estimates from global banks, enabling them to view their own estimates in the context of a robust industry consensus, where interests are aligned. The Credit Benchmark platform offers full coverage of the entities that matter to banks, extending beyond sovereigns, banks and rated corporates into funds, emerging markets and the large unrated universe. The company currently produces estimates for probability of default (PD) and loss given default (LGD), which are critical metrics for risk management and the financial markets more broadly.
Government National Mortgage Association (GNMA) (Ginnie Mae) is a government-owned corporation. It works to expand affordable housing by guaranteeing housing loans (mortgages), thereby lowering financing costs such as interest rates for those loans. It was founded in 1968 and is based in Washington, District of Columbia.
Shackleton Capital Partners is a specialized private investment firm. It invests in a focused set of mortgage and real estate opportunities where it can leverage its financial and operational expertise. It was founded in 2008 and is based in New York, New York.
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