Radian Group Stock Retained Earnings
| RDN Stock | USD 34.02 0.43 1.28% |
Radian Group fundamentals help investors to digest information that contributes to Radian's financial success or failures. It also enables traders to predict the movement of Radian Stock. The fundamental analysis module provides a way to measure Radian's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Radian stock.
| Last Reported | Projected for Next Year | ||
| Retained Earnings | 4.2 B | 4.5 B | |
| Retained Earnings Total Equity | 4.4 B | 4.6 B |
Radian | Retained Earnings |
Radian Group Company Retained Earnings Analysis
Radian's Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
More About Retained Earnings | All Equity Analysis
Retained Earnings | = | Beginning RE + Income | - | Dividends |
Current Radian Retained Earnings | 4.24 B |
Most of Radian's fundamental indicators, such as Retained Earnings, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Radian Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Radian Retained Earnings Driver Correlations
Understanding the fundamental principles of building solid financial models for Radian is extremely important. It helps to project a fair market value of Radian Stock properly, considering its historical fundamentals such as Retained Earnings. Since Radian's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Radian's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Radian's interrelated accounts and indicators.
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Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
| Competition |
Based on the latest financial disclosure, Radian Group has a Retained Earnings of 4.24 B. This is 72.18% lower than that of the Financial Services sector and significantly higher than that of the Financials industry. The retained earnings for all United States stocks is 54.51% higher than that of the company.
Radian Retained Earnings Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Radian's direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Radian could also be used in its relative valuation, which is a method of valuing Radian by comparing valuation metrics of similar companies.Radian is currently under evaluation in retained earnings category among its peers.
Radian ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Radian's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Radian's managers, analysts, and investors.Environmental | Governance | Social |
Radian Fundamentals
| Return On Equity | 0.14 | |||
| Return On Asset | 0.0709 | |||
| Profit Margin | 0.46 % | |||
| Operating Margin | 0.67 % | |||
| Current Valuation | 6.79 B | |||
| Shares Outstanding | 148.93 M | |||
| Shares Owned By Insiders | 1.08 % | |||
| Shares Owned By Institutions | 98.26 % | |||
| Number Of Shares Shorted | 5.02 M | |||
| Price To Earning | 4.39 X | |||
| Price To Book | 1.06 X | |||
| Price To Sales | 3.89 X | |||
| Revenue | 1.24 B | |||
| Gross Profit | 1.42 B | |||
| EBITDA | 767.49 M | |||
| Net Income | 603.12 M | |||
| Cash And Equivalents | 501.34 M | |||
| Cash Per Share | 3.19 X | |||
| Total Debt | 1.54 B | |||
| Debt To Equity | 0.43 % | |||
| Current Ratio | 2.47 X | |||
| Book Value Per Share | 31.37 X | |||
| Cash Flow From Operations | 529.43 M | |||
| Short Ratio | 5.34 X | |||
| Earnings Per Share | 3.86 X | |||
| Price To Earnings To Growth | 1.18 X | |||
| Target Price | 35.93 | |||
| Number Of Employees | 1.1 K | |||
| Beta | 1.04 | |||
| Market Capitalization | 5.07 B | |||
| Total Asset | 7.57 B | |||
| Retained Earnings | 4.24 B | |||
| Annual Yield | 0.03 % | |||
| Five Year Return | 1.34 % | |||
| Net Asset | 7.57 B | |||
| Last Dividend Paid | 0.96 |
About Radian Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Radian Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Radian using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Radian Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Radian
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Radian position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Radian will appreciate offsetting losses from the drop in the long position's value.Moving together with Radian Stock
Moving against Radian Stock
| 0.5 | DIST | Distoken Acquisition | PairCorr |
| 0.45 | ICCH | ICC Holdings | PairCorr |
| 0.42 | AMSF | AMERISAFE | PairCorr |
| 0.41 | RYAN | Ryan Specialty Group | PairCorr |
| 0.41 | V | Visa Class A | PairCorr |
The ability to find closely correlated positions to Radian could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Radian when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Radian - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Radian Group to buy it.
The correlation of Radian is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Radian moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Radian Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Radian can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Radian Piotroski F Score and Radian Altman Z Score analysis. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Commercial & Residential Mortgage Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Radian. If investors know Radian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Radian listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.01 | Dividend Share 0.96 | Earnings Share 3.86 | Revenue Per Share 8.473 | Quarterly Revenue Growth 0.068 |
The market value of Radian Group is measured differently than its book value, which is the value of Radian that is recorded on the company's balance sheet. Investors also form their own opinion of Radian's value that differs from its market value or its book value, called intrinsic value, which is Radian's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Radian's market value can be influenced by many factors that don't directly affect Radian's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Radian's value and its price as these two are different measures arrived at by different means. Investors typically determine if Radian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Radian's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.