AmTrust Financial Services, through its subsidiaries, underwrites and provides property and casualty insurance products to several customer groups that are underserved within the insurance market. Co. operating segments are: Small Commercial Business, which provides workers' compensation insurance; Specialty Risk and Extended Warranty, which provides custom designed coverages, such as accidental damage plans, mechanical breakdown protection and payment protection plans; and Specialty Program, which provides workers' compensation, general liability, commercial auto liability, property coverage, excess and surplus lines programs and other specialty commercial property and casualty insurance. We show 40 historical shares outstanding datapoints in our AFSI shares outstanding history coverage, used to compute AFSI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AFSI market cap history over the course of time is important for investors
interested in comparing AFSI's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of AFSI versus a peer is one thing; comparing
AFSI market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like AFSI can fluctuate over the course of history.
With this page we aim to empower investors researching AFSI by allowing them to research the AFSI market cap history. |
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Video: The Importance of Market Cap
