Mr Cooper Group is a holding company. Through its wholly-owned subsidiary, WM Mortgage Reinsurance Company, Inc. (WMMRC), Co. manages its business on the basis of one operating segment, mortgage reinsurance. Co. has limited operations other than WMMRC's reinsurance business, which is being operated in runoff mode. We show 25 historical shares outstanding datapoints in our WMIH shares outstanding history coverage, used to compute WMIH market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing WMIH market cap history over the course of time is important for investors
interested in comparing WMIH'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 WMIH versus a peer is one thing; comparing
WMIH 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 WMIH can fluctuate over the course of history.
With this page we aim to empower investors researching WMIH by allowing them to research the WMIH market cap history. |
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Video: The Importance of Market Cap
