CNA Financial is an insurance holding company. Co.'s property and casualty and remaining life and group insurance operations are primarily conducted by its subsidiaries. Co.'s insurance products primarily include commercial property and casualty coverages, including surety. Co.'s services include warranty, risk management information services and claims administration. Co.'s commercial property and casualty underwriting operations in the U.S. consists of field underwriting locations and centralized processing operations which handle policy processing, billing and collection activities and also act as call centers to support service. We show 56 historical shares outstanding datapoints in our CNA shares outstanding history coverage, used to compute CNA market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CNA market cap history over the course of time is important for investors
interested in comparing CNA'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 CNA versus a peer is one thing; comparing
CNA 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 CNA can fluctuate over the course of history.
With this page we aim to empower investors researching CNA by allowing them to research the CNA market cap history. |
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Video: The Importance of Market Cap
