BRP Group is a holding company. Through its subsidiaries, Co. is an insurance agency and services organization that markets and sells insurance products and services to its customers throughout the U.S. Co.'s business is divided into four segments: Middle Market, which provides commercial risk management, employee benefits solutions and private risk management; Specialty, which specialty wholesale broker businesses deliver specialty insurers, personnel, individuals and other industry businesses; MainStreet, which provides personal insurance, commercial insurance and life and health solutions; and Medicare, which provides consultation for government assistance programs and solutions. We show 18 historical shares outstanding datapoints in our BRP shares outstanding history coverage, used to compute BRP market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing BRP market cap history over the course of time is important for investors
interested in comparing BRP'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 BRP versus a peer is one thing; comparing
BRP 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 BRP can fluctuate over the course of history.
With this page we aim to empower investors researching BRP by allowing them to research the BRP market cap history. |
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Video: The Importance of Market Cap
