Radian Group reports Q4 adjusted EPS $1.09, consensus 94c

Reports Q4 revenue $316M, consesus $329.94M. “We reported another successful year for Radian in 2024, increasing book value per share by 9% year-over-year, generating net income of $604 million, and delivering a return on equity of 13.4%. Our primary mortgage insurance in force, which is the main driver of future earnings for our company, reached a record level of $275 billion dollars,” said Radian’s Chief Executive Officer, Rick Thornberry. “Our results continue to reflect the economic value of our high-quality mortgage insurance portfolio, the strength and quality of our investment portfolio, our strong capital and liquidity positions, our ongoing strategic focus on managing expenses, and our commitment to helping our customers transform risk into opportunity – while also returning value to our stockholders. We look forward to the opportunities ahead in 2025.”