RLI Corp. is a specialty insurer serving niche property, casualty, and surety markets. Co. provides underwriting expertise and service to commercial and personal line customers nationwide. Co.'s segment includes Casualty, Property and Surety. The casualty portion of its business consists largely of commercial excess, personal umbrella, general liability, transportation, and management liability coverages, as well as package business and other specialty coverages, such as professional liability and worker's compensation for office-based professionals. Its Property segment is comprised primarily of commercial fire, hurricane, earthquake, difference in conditions and marine coverages. We show 61 historical shares outstanding datapoints in our coverage of RLI's shares outstanding history.
Understanding the changing numbers of RLI shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like RLI versus peers —
is critical for investors. 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.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching RLI by allowing them to research RLI shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
