Tiptree is a holding company. Co.'s principal operating subsidiary, Tiptree Insurance, along with its subsidiaries, is a provider of specialty insurance products and related services. Co. categorized its businesses into: Insurance and Tiptree Capital. Insurance operations are conducted through The Fortegra Group (Fortegra), which includes Fortegra Financial Corporation and Fortegra Warranty. Fortegra is a provider of specialty insurance products and related services. Tiptree Capital includes its Mortgage segment operations. Tiptree Capital consists primarily of its mortgage origination operations, maritime shipping operations and investments in shares of Invesque Inc. We show 53 historical shares outstanding datapoints in our TIPT shares outstanding history coverage, used to compute TIPT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TIPT market cap history over the course of time is important for investors
interested in comparing TIPT'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 TIPT versus a peer is one thing; comparing
TIPT 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 TIPT can fluctuate over the course of history.
With this page we aim to empower investors researching TIPT by allowing them to research the TIPT market cap history. |
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Video: The Importance of Market Cap
