Radian Announces S&P Upgrade of Radian’s Financial Strength and Credit Ratings and Webcast of Fourth Quarter Conference Call
10 Gennaio 2024 - 12:30PM
Business Wire
Radian Group Inc. (NYSE: RDN), announced today that S&P
Global Ratings (S&P) has raised its long-term insurer financial
strength and issuer credit ratings on Radian Guaranty Inc., the
company’s principal mortgage insurance subsidiary, to A- from BBB+.
At the same time, S&P raised its long-term issuer credit rating
on Radian Group Inc. to BBB- from BB+. The outlook for both ratings
is stable.
In its report, S&P cites that the stable outlook for Radian
reflects S&P’s expectation that Radian will maintain
underwriting discipline and continue to generate strong earnings
that will be capital accretive. Additional information on Radian’s
ratings and the S&P report may be found on Radian’s website at
https://www.radian.com/who-we-are/for-investors/rating-agency-reports.
Webcast of Fourth Quarter Conference Call The company
also announced that it will hold a conference call on Thursday,
February 8, 2024, at 12:00 p.m. Eastern time to discuss the
company’s fourth quarter and full year 2023 results, which will be
announced after the market closes on Wednesday, February 7,
2024.
The conference call will be webcast live on the company’s
website at https://radian.com/who-we-are/for-investors/webcasts or
at www.radian.com. The webcast is listen-only. Those interested in
participating in the question-and-answer session should follow the
conference call dial-in instructions below.
The call may be accessed via telephone by registering for the
call here to receive the dial-in numbers and unique PIN. It is
recommended that you join 10 minutes prior to the event start
(although you may register and dial in at any time during the
call).
A digital replay of the webcast will be available on Radian’s
website approximately two hours after the live broadcast ends for a
period of one year at
https://radian.com/who-we-are/for-investors/webcasts.
In addition to the information provided in the company's
earnings news release, other statistical and financial information,
which is expected to be referred to during the conference call,
will be available on Radian's website at www.radian.com, under For
Investors.
About Radian Radian Group Inc. (NYSE: RDN) is ensuring
the American dream of homeownership responsibly and sustainably
through products and services that include industry-leading
mortgage insurance and a comprehensive suite of mortgage, risk,
title, valuation, asset management and other real estate services.
We are powered by technology, informed by data and driven to
deliver new and better ways to transact and manage risk. Visit
radian.com and homegenius.com to learn more about how Radian and
its pioneering homegenius platform are building a smarter future
for mortgage and real estate services.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240110347654/en/
For Investors John Damian – Phone:
215.231.1383 Email: john.damian@radian.com
For the Media Rashi Iyer – Phone:
215.231.1167 Email: rashi.iyer@radian.com
Grafico Azioni Radian (NYSE:RDN)
Storico
Da Apr 2024 a Mag 2024
Grafico Azioni Radian (NYSE:RDN)
Storico
Da Mag 2023 a Mag 2024