National Security Group is an insurance holding company. Co., through its subsidiaries, operates in two industry segments: property and casualty insurance; and life insurance. The property and casualty subsidiaries of Co., National Security Fire and Casualty, and Omega One Insurance Company, primarily write personal lines dwelling coverage including dwelling fire and windstorm, homeowners and mobile homeowners lines of insurance. Co.'s life insurance subsidiary, National Security Insurance Company (NSIC), provides a line of life and health and accident insurance products. NSIC has two primary methods of distribution of insurance products: independent agents and home service (career) agents. We show 50 historical shares outstanding datapoints in our NSEC shares outstanding history coverage, used to compute NSEC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing NSEC market cap history over the course of time is important for investors
interested in comparing NSEC'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 NSEC versus a peer is one thing; comparing
NSEC 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 NSEC can fluctuate over the course of history.
With this page we aim to empower investors researching NSEC by allowing them to research the NSEC market cap history. |
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Video: The Importance of Market Cap
