Radian Group Management
Management criteria checks 3/4
Radian Group's CEO is Rick Thornberry, appointed in Mar 2017, has a tenure of 9.17 years. total yearly compensation is $11.32M, comprised of 8.8% salary and 91.2% bonuses, including company stock and options. directly owns 0.84% of the company’s shares, worth $41.40M. The average tenure of the management team and the board of directors is 7.5 years and 6.3 years respectively.
Key information
Rick Thornberry
Chief executive officer
US$11.3m
Total compensation
| CEO salary percentage | 8.83% |
| CEO tenure | 9.2yrs |
| CEO ownership | 0.8% |
| Management average tenure | 7.5yrs |
| Board average tenure | 6.3yrs |
Recent management updates
Recent updates
These Analysts Think Radian Group Inc.'s (NYSE:RDN) Sales Are Under Threat
The analysts covering Radian Group Inc. ( NYSE:RDN ) delivered a dose of negativity to shareholders today, by making a...Radian Group: Diversification Benefits Are Underappreciated
Summary Radian Group is now a more diversified insurer after acquiring Inigo for $1.67 billion, reducing reliance on U.S. housing market cycles. Inigo's integration adds specialty P&C and reinsurance exposure, with expected combined ratios of 90%-92% and ~$0.35 EPS accretion, despite tighter margins. RDN's mortgage insurance book is gradually becoming riskier as older, low-risk policies roll off, but credit quality remains strong and reserve releases continue. With shares trading below 8x earnings, a 3% yield, and catalysts from noncore asset sales and resumed buybacks, I maintain a "Buy" rating with >15% upside. Read the full article on Seeking Alpha
Strong Housing Demand Will Sustain Private Mortgage Insurance
Despite ongoing challenges in mortgage origination and limited near-term sector catalysts, Radian Group’s balanced business model and strong operating trends have led analysts to raise their price target modestly from $37.00 to $38.67. Analyst Commentary Challenging mortgage origination environment persists, impacting growth outlook.Little Excitement Around Radian Group Inc.'s (NYSE:RDN) Earnings
When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") above 19x, you may...The New Year May Not Be Kind To Radian Group
Summary Radian Group stock has tripled since 2020 but is now facing decline due to high mortgage rates and low affordable home supply. The private mortgage insurance industry faces significant headwinds, including an aging homebuyer demographic, high mortgage rates, and decreasing home affordability. Radian's performance is slipping with declining new policies, increasing loan defaults, and a higher debt load compared to competitors. I recommend selling RDN stock to lock in gains, as the easy money in this industry likely ended in mid-2023. Read the full article on Seeking AlphaRadian Group: Strong Capital Returns Reflected In Valuation
Summary Radian Group remains a "hold" due to resilient home prices, low insured losses, and strong investment income, despite potential peak earnings in 2024. The company’s profitability is driven by minimal loan losses and higher interest rates, with a solid balance sheet and significant capital returns. Home prices at record highs and low delinquencies protect RDN from significant losses, but new policies post-2022 carry more risk. Investment income has surged due to higher rates, but anticipated rate cuts may moderate future earnings, making current stock levels suitable for holding, not buying. Read the full article on Seeking Alpha
Navigating Growth And Challenges In Mortgage Insurance With Innovative Strategies
Radian Group's growth in primary mortgage insurance and use of proprietary analytics indicates potential for revenue increases and market share expansion.Radian: Likely Fairly Valued As Legacy Tailwinds Peak (Rating Downgrade)
Summary Radian's shares have performed well, returning 22% over the past year, and the company has increased its buyback authorization, indicating ongoing capital returns to shareholders. The company's core mortgage insurance business is performing well, thanks to high home prices and low inflation. Radian's legacy book of policies is likely to have no losses due to rising home prices, but newer policies may face some losses in the future, meaning earnings are peaking. Read the full article on Seeking AlphaRadian Remains Attractive Thanks To Strong Home Prices
Summary Radian Group's stock has risen by over 26% in the past year due to a strong housing market and increased investment income. The company reported solid earnings, beating expectations and growing book value by 15%. Radian expects ongoing strength in its business, with increased dividends and capital returns in 2024. Read the full article on Seeking AlphaA Resilient Housing Market Makes Radian Attractive
Summary Radian Group's shares have performed well, rising 26% in the past year, thanks to a firm housing market and reduced risk of losses on its insurance portfolio. Radian provides private mortgage insurance, allowing borrowers to obtain conforming mortgages with less than a 20% down payment. The company's strong performance, adequate reserves, and excess capital make it an attractive investment opportunity, with potential for a 15% return. Read the full article on Seeking AlphaCEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | US$596m |
| Dec 31 2025 | US$11m | US$1m | US$618m |
| Sep 30 2025 | n/a | n/a | US$567m |
| Jun 30 2025 | n/a | n/a | US$581m |
| Mar 31 2025 | n/a | n/a | US$660m |
| Dec 31 2024 | US$10m | US$1m | US$660m |
| Sep 30 2024 | n/a | n/a | US$639m |
| Jun 30 2024 | n/a | n/a | US$629m |
| Mar 31 2024 | n/a | n/a | US$598m |
| Dec 31 2023 | US$13m | US$1m | US$676m |
| Sep 30 2023 | n/a | n/a | US$623m |
| Jun 30 2023 | n/a | n/a | US$664m |
| Mar 31 2023 | n/a | n/a | US$720m |
| Dec 31 2022 | US$8m | US$1m | US$743m |
| Sep 30 2022 | n/a | n/a | US$774m |
| Jun 30 2022 | n/a | n/a | US$702m |
| Mar 31 2022 | n/a | n/a | US$656m |
| Dec 31 2021 | US$9m | US$1m | US$601m |
| Sep 30 2021 | n/a | n/a | US$555m |
| Jun 30 2021 | n/a | n/a | US$564m |
| Mar 31 2021 | n/a | n/a | US$379m |
| Dec 31 2020 | US$8m | US$932k | US$394m |
| Sep 30 2020 | n/a | n/a | US$407m |
| Jun 30 2020 | n/a | n/a | US$445m |
| Mar 31 2020 | n/a | n/a | US$642m |
| Dec 31 2019 | US$8m | US$800k | US$672m |
Compensation vs Market: Rick's total compensation ($USD11.32M) is above average for companies of similar size in the US market ($USD8.43M).
Compensation vs Earnings: Rick's compensation has been consistent with company performance over the past year.
CEO
Rick Thornberry (67 yo)
Mr. Richard Gerald Thornberry, also known as Rick, is Non-Executive Director of Inigo Limited from 2026. Mr. Thornberry serves as Chief Executive Officer and Director of Radian Group Inc. He has experience...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 9.2yrs | US$11.32m | 0.84% $ 41.4m | |
| Senior EVP and Chief People & Operating Officer | 5.3yrs | US$2.32m | 0.011% $ 521.0k | |
| Senior EVP & General Counsel | 18.3yrs | US$2.99m | 0.11% $ 5.5m | |
| Senior EVP & Chief Digital Officer | 5.4yrs | US$2.24m | 0.030% $ 1.5m | |
| Senior EVP & Interim CFO | less than a year | no data | 0.010% $ 493.8k | |
| Senor VP | no data | no data | no data | |
| Senior EVP & Chief Accounting Officer | 7.5yrs | US$1.07m | 0.057% $ 2.8m | |
| Vice President of Finance & Investor Relations | no data | no data | no data | |
| Senior Vice President of Corporate Development & Investor Relations | no data | no data | no data | |
| Executive VP & Chief of Staff to the CEO | 2.3yrs | no data | no data | |
| Chief Economist & Senior VP | 11.3yrs | no data | no data | |
| Senior Vice President of Structured Products | 9.7yrs | no data | no data |
Experienced Management: RDN's management team is seasoned and experienced (7.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 9.2yrs | US$11.32m | 0.84% $ 41.4m | |
| Independent Non-Executive Chairman | 26.9yrs | US$556.25k | 0.013% $ 620.0k | |
| Independent Director | 7.2yrs | US$358.75k | 0.016% $ 772.9k | |
| Independent Director | 6.3yrs | US$356.25k | 0.020% $ 1.0m | |
| Independent Director | 1.3yrs | US$279.44k | 0.0046% $ 228.6k | |
| Independent Director | less than a year | no data | 0.00093% $ 46.0k | |
| Independent Director | 6.3yrs | US$353.75k | 0.029% $ 1.4m | |
| Independent Director | 15.3yrs | US$356.25k | 0.019% $ 924.3k | |
| Independent Director | 4.9yrs | US$331.25k | 0.011% $ 555.2k | |
| Independent Director | 14yrs | US$321.25k | 0.0077% $ 382.5k | |
| Independent Director | 2.8yrs | US$351.25k | 0.0067% $ 332.5k | |
| Independent Director | 3.3yrs | US$316.25k | 0.012% $ 588.3k |
Experienced Board: RDN's board of directors are considered experienced (6.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/22 04:33 |
| End of Day Share Price | 2026/05/22 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Radian Group Inc. is covered by 20 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Bruce Harting | Barclays |
| Terry Ma | Barclays |
| Mihir Bhatia | BofA Global Research |