Infinity Property & Casualty is a holding company. Through its subsidiaries, Co. operates three segments: Personal Automobile, which provides coverage to individuals for liability to others for bodily injury and property damage and for physical damage to an insured's own vehicle from collision; Commercial Vehicle, which provides coverage to businesses for liability to others for bodily injury and property damage and for physical damage to vehicles from collision; and Classic Collector, which provides coverage to individuals with classic or antique automobiles for liability to others for bodily injury and property damage and for physical damage to an insured's own vehicle from collision. We show 35 historical shares outstanding datapoints in our IPCC shares outstanding history coverage, used to compute IPCC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing IPCC market cap history over the course of time is important for investors
interested in comparing IPCC'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 IPCC versus a peer is one thing; comparing
IPCC 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 IPCC can fluctuate over the course of history.
With this page we aim to empower investors researching IPCC by allowing them to research the IPCC market cap history. |
Free IPCC Email Alerts:
Video: The Importance of Market Cap
