Cincinnati Financial Corporation is engaged in property casualty insurance marketed through independent insurance agencies in 46 states. Its segments include Commercial lines insurance; Personal lines insurance; Excess and Surplus Lines Insurance; Life insurance, and Investments. The Commercial Lines Insurance segment includes five commercial business lines, such as commercial casualty, commercial property, commercial auto, workers' compensation, and other commercial lines. The Personal Lines Insurance segment includes three business lines, including personal auto, homeowner, and other personal lines. We show 61 historical shares outstanding datapoints in our CINF shares outstanding history coverage, used to compute CINF market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CINF market cap history over the course of time is important for investors
interested in comparing CINF'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 CINF versus a peer is one thing; comparing
CINF 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 CINF can fluctuate over the course of history.
With this page we aim to empower investors researching CINF by allowing them to research the CINF market cap history. |
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Video: The Importance of Market Cap
