Radian Group’s (NYSE:RDN) Q3 2026 earnings results: revenue in line with expectations

Radian Group (RDN) reported Q3 2026 revenue of $624.1M, up 107% YoY and in line with estimates. Non-GAAP EPS of $1.44 beat consensus by 18.9%. Net premiums earned grew 131% YoY to $548.3M. CEO Mike Weinbach highlighted strong performance from both insurance businesses and strategic acquisitions. Book value per share grew 4.2% YoY to $35.78. Shares rose 4.4% post-results.

Original reporting
Published Nov 4, 2026, 10:38 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Nov 4, 2026, 11:01 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
Radian Group’s (NYSE:RDN) Q3 2026 earnings results: revenue in line with expectations — source image
Decision brief

The 30-second read

$RDNBullishHigh
01

Why it matters

The earnings beat and immediate share price rise suggest short‑term buying interest, though longer‑term performance will depend on interest‑rate trends and underwriting discipline.

02

Market read

RDN's earnings beat provides a modest trading catalyst, primarily affecting the stock itself and peers in the insurance sector.

03

What to watch

Potential headwinds from rising interest rates could affect future float investment returns.

Relevance 8/10Novelty 8/10Timing: after-hours reaction

Background

Radian Group, a mortgage‑insurance provider, released its Q3 2026 results, highlighting revenue in line with expectations and a notable EPS beat.

Company-level read

Ticker impact

$RDNBullishHigh confidence
Context

RDN posted Q3 2026 revenue of $624.1M in line with estimates and adjusted EPS of $1.44, beating consensus $1.21; shares rose 4.4% to $38.20 after the release.

Expected impact

likely upward pressure as the market prices in the earnings beat and revenue meet expectations

Evidence & confidence

The beat on EPS and in‑line revenue, combined with a 4.4% post‑release price jump, suggest traders will buy on momentum.

Market effects

Positive earnings may lift other mortgage‑insurance and specialty‑insurance stocks.

U.S. financial sector sees modest uplift from the beat.

Limited to U.S. insurers; no broader macro impact.

Counterpoint

The beat may be priced in; valuation remains high and future rate‑environment risk could pressure earnings.

Key entities

  • Radian Group

    Mortgage‑insurance provider reporting Q3 2026 results.

  • Mike Weinbach

    CEO of Radian Group, quoted on the results.

Related articles

$RDNMed

Radian Group Q3 Earnings Call Highlights

Radian Group (RDN) reported Q3 earnings, with specialty net premiums declining 3% YoY to $311M. Mortgage segment saw a 37% combined ratio and a 2.68% default rate. The company repurchased $379M in shares, exceeding guidance. Book value per share was $35.78, impacted by higher interest rates. RDN expects a $660M dividend from its mortgage insurance subsidiary for 2026.

$RDNHighAI 8/10

Radian 3Q 2026: Revenue $624.11M, EPS $1.22 — 10-Q Summary

Radian reported 3Q 2026 revenue of $624.11M, up 105.9% YoY, and net income of $163.66M, up 15.7% YoY. Growth was driven by the acquisition of Inigo's Specialty insurance business. Mortgage segment income was $206M, while Specialty segment income was $86M with an 80.4% combined ratio. The company expects competitive pricing pressures to continue.

$RDNMed

Radian Group Inc (RDN) (Q3 2026) Earnings Call Highlights: Record MI Insurance in Force

Radian Group Inc (RDN) reported Q3 2026 earnings, noting a 3% decline in specialty insurance premiums due to market competition. The mortgage insurance default rate rose to 2.68% and is expected to increase further. The company faces pricing challenges from FICO VantageScore alignment and housing policy changes. Radian's book value per share decreased by $1.33 due to rising interest rates.

$RDNHighAI 8/10

Radian (RDN) Q3 2026 Earnings Call Transcript

Radian (RDN) reported Q3 2026 earnings with total revenue more than doubling year-over-year to $624M, driven by the Inigo acquisition. Adjusted pretax operating income reached $254M. The company's Mortgage and Specialty segments showed strong performance, with Specialty contributing 57% of net premiums earned. Adjusted net operating income per share increased 25% year-over-year to $1.44. Radian's book value per share grew 9% year-over-year, excluding AOCI.

$RDNMedAI 8/10

Radian Reports Q3 Revenue of $624 Million and Adjusted EPS of $1.44

Radian reported Q3 2026 revenue of $624M, up from $303M a year ago, with net income of $172M ($1.28 per share) and adjusted EPS of $1.44. Growth was driven by Mortgage and Specialty businesses, including Inigo. The company also completed the sale of its Real Estate Services business and has a pending agreement to sell its Title business.