Radian Group Inc (NYSE:RDN)
$ 34.49 -0.11 (-0.32%) Market Cap: 5.14 Bil Enterprise Value: 6.94 Bil PE Ratio: 8.94 PB Ratio: 1.10 GF Score: 68/100
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Q4 2020 Radian Group Inc Earnings Call Transcript

Feb 25, 2021 / 03:00PM GMT
Release Date Price: $20.55 (-3.52%)
Operator

Welcome to the Radian Fourth Quarter 2020 Earnings Call. My name is Annie, and I'll be your operator for today's call. (Operator Instructions) Please note that this conference is being recorded.

I will now turn the call over to John Damian, Head of Investor Relations and Corporate Development. Mr. Damian, you may begin.

John W. Damian
Radian Group Inc. - VP of Financial & Strategic Planning

Thank you, and welcome to Radian's Fourth Quarter and Year-End 2020 Conference Call. Our press release, which contains Radian's financial results for the quarter and the year was issued yesterday evening and is posted to the Investors section of our website at www.radian.com. This press release includes certain non-GAAP measures, which will be discussed during today's call, including adjusted pretax operating income, adjusted diluted net operating income per share, adjusted net operating return on equity and real estate adjusted EBITDA. A complete description of these measures and the reconciliation

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