Investors interested in stocks from the Insurance - Multi line sector have probably already heard of Radian (RDN) and Zurich Insurance Group Ltd. (ZURVY) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look. The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________ FORM 10-Q _____________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-11356 _______________________________ Radian Group Inc. (Exact name of ...

Radian Group Inc. (NYSE:RDN) Q1 2024 Results Conference Call May 2, 2024 12:00 PM ET Company Participants John Damian - Senior Vice President of Corporate Development and Investor Relations Richard Thornberry - Chief Executive Officer Sumita Pandit - Chief Financial Officer Derek Brummer - President of Mortgage Insurance Conference Call Participants Bose George - KBW Terry Ma - Barclays Douglas Harter - UBS Soham Bhonsle - BTIG Operator Good day and thank you for standing by. Welcome to the First Quarter 20 ...

Exhibit 99.1 press release May 1, 2024 Radian Announces First Quarter 2024 Financial Results — First quarter net income of $152 million, or $0.98 per diluted share — — Return on equity of 13.8% and adjusted net operating return on equity of 14.5% — — Default rate declines to 2.1% with highest quarterly cure rate in more than 20 years — — Primary mortgage insurance in force growth of 4% year-over-year to an all-time high of $271 billion — — Total revenue growth of 3% year-over-year to $319 million — — Book v ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________ FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-11356 ____________________________ RADIAN GROUP INC. (Exact name of registrant as specified in its char ...

Radian Group Inc. (NYSE:RDN) Q4 2023 Earnings Conference Call February 8, 2024 12:00 PM ET Company Participants John Damian - SVP of Corporate Development and IR Rick Thornberry - CEO and Director Sumita Pandit - CFO and SEVP Derek Brummer - President of Mortgage Conference Call Participants Bose George - KBW Doug Harter - UBS Mihir Bhatia - Bank of America Merrill Lynch Scott Heleniak - RBC Capital Markets Eric Hagen - BTIG Operator Ladies and gentlemen, thank you for standing by. Welcome to the Fourth ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________ FORM 10-Q _____________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-11356 _______________________________ Radian Group Inc. (Exact nam ...

Financial Data and Key Metrics Changes - The company reported GAAP revenues of $314 million for Q3 2023, an increase from $290 million in Q2 2023 [26][33] - Net income for the quarter was $157 million, or $0.98 per diluted share, compared to $0.91 per diluted share in the previous quarter [26][85] - Annualized return on equity was 15%, with adjusted net operating return on equity at 16% [26][32] - Book value per share increased by 12% year-over-year to $26.69 [26][32] Business Line Data and Key Metrics Changes - The primary insurance in force grew by 4% year-over-year to $270 billion, generating $237 million in net premiums earned for the mortgage segment in Q3 [14][28] - New insurance written for the quarter was $13.9 billion, down from $16.9 billion in Q2 [28][34] - The persistency rate for insurance in force remained high at 84%, up from 76% a year ago [34] Market Data and Key Metrics Changes - The total mortgage originations for 2023 are projected to be approximately $1.6 trillion, with the private mortgage insurance market expected to be around $300 billion [10] - The investment income grew by 34% year-over-year to $69 million, benefiting from higher yields in a rising interest rate environment [16] Company Strategy and Development Direction - The company continues to focus on capital optimization, balancing organic growth with capital returns to stockholders [12][29] - The mortgage insurance business is expected to benefit from increasing demand, home prices, and purchase volume, maintaining a generally positive outlook [11] - The company is strategically managing capital and liquidity, with a focus on maintaining strong holding company liquidity of $1.3 billion [29][40] Management's Comments on Operating Environment and Future Outlook - Management acknowledged ongoing challenges in the mortgage and real estate markets due to higher interest rates and limited inventory but noted positive credit performance in the mortgage insurance portfolio [8][9] - The company expects the persistency rate to remain strong due to a significant portion of its insurance in force having mortgage rates of 6% or less [35] - Management expressed confidence in the company's ability to navigate the current economic environment while positioning for future opportunities [11][59] Other Important Information - The company paid a $35 million dividend to stockholders, reflecting the highest yielding dividend in the industry [27] - Radian Guaranty paid a $100 million ordinary dividend to the holding company in Q3, with expectations for additional dividends in Q4 [19] Q&A Session Summary Question: What is the outlook for expense reductions? - Management reiterated guidance for full-year expenses between $380 million and $400 million, expecting to be at the top end of that range [63] Question: How is the pricing environment in the mortgage insurance market? - The pricing environment remains rational and disciplined, with normal fluctuations observed throughout the quarter [75] Question: Are lenders maintaining discipline in underwriting? - Management noted that lenders remain disciplined in underwriting, despite some market pressures [67][69]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________ FORM 10-Q _____________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-11356 _______________________________ Radian Group Inc. (Exact name of ...

Radian Group Inc. (NYSE:RDN) Q2 2023 Earnings Call Transcript August 3, 2023 12:00 PM ET Company Participants John Damian - Senior Vice President of Corporate Development and Investor Relations Rick Thornberry - CEO and Director Sumita Pandit - CFO and Senior EVP Derek Brummer - President of Mortgage Conference Call Participants Bose George - KBW Doug Harter - Credit Suisse Mihir Bhatia - Bank of America Operator Good day, and thank you for standing by. Welcome to Radian Group's Second Quarter 2023 Earnings ...