National General Holdings is a personal lines insurance holding company. Through its subsidiaries, Co. provides a variety of insurance products, including personal and small business automobile, homeowners, umbrella, recreational vehicle (RV), motorcycle, lender-placed, supplemental health, and other insurance products. Co. has two segments: Property and Casualty, which sells nonstandard automobile insurance, provides standard and preferred auto, motorcycle, small business vehicle, homeowners and umbrella products, and underwrites and markets standard and preferred auto and RV insurance; and Accident and Health, which provides accident and non-primary medical health insurance products. We show 28 historical shares outstanding datapoints in our NGHC shares outstanding history coverage, used to compute NGHC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing NGHC market cap history over the course of time is important for investors
interested in comparing NGHC'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 NGHC versus a peer is one thing; comparing
NGHC 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 NGHC can fluctuate over the course of history.
With this page we aim to empower investors researching NGHC by allowing them to research the NGHC market cap history. |
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Video: The Importance of Market Cap
