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FGB (First Trust Specialty Fnc & Fncl Oppor) Market Cap : $62.07 Mil (As of Dec. 11, 2024)


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What is First Trust Specialty Fnc & Fncl Oppor Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). First Trust Specialty Fnc & Fncl Oppor's share price for the quarter that ended in May. 2024 was $3.85. First Trust Specialty Fnc & Fncl Oppor's Shares Outstanding (EOP) for the quarter that ended in May. 2024 was 14.37 Mil. Therefore, First Trust Specialty Fnc & Fncl Oppor's market cap for the quarter that ended in May. 2024 was $55.32 Mil.

First Trust Specialty Fnc & Fncl Oppor's quarterly market cap increased from May. 2023 ($42.38 Mil) to Nov. 2023 ($48.13 Mil) and increased from Nov. 2023 ($48.13 Mil) to May. 2024 ($55.32 Mil).

First Trust Specialty Fnc & Fncl Oppor's annual market cap declined from Nov. 2021 ($57.47 Mil) to Nov. 2022 ($50.14 Mil) and declined from Nov. 2022 ($50.14 Mil) to Nov. 2023 ($48.13 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. First Trust Specialty Fnc & Fncl Oppor's Enterprise Value for Today is $69.04 Mil.


First Trust Specialty Fnc & Fncl Oppor Market Cap Historical Data

The historical data trend for First Trust Specialty Fnc & Fncl Oppor's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Trust Specialty Fnc & Fncl Oppor Market Cap Chart

First Trust Specialty Fnc & Fncl Oppor Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Market Cap
Get a 7-Day Free Trial 84.74 47.13 57.47 50.14 48.13

First Trust Specialty Fnc & Fncl Oppor Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 51.44 50.14 42.38 48.13 55.32

Competitive Comparison of First Trust Specialty Fnc & Fncl Oppor's Market Cap

For the Asset Management subindustry, First Trust Specialty Fnc & Fncl Oppor's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Trust Specialty Fnc & Fncl Oppor's Market Cap Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust Specialty Fnc & Fncl Oppor's Market Cap distribution charts can be found below:

* The bar in red indicates where First Trust Specialty Fnc & Fncl Oppor's Market Cap falls into.



First Trust Specialty Fnc & Fncl Oppor Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

First Trust Specialty Fnc & Fncl Oppor's Market Cap for the fiscal year that ended in Nov. 2023 is calculated as

Market Cap (A: Nov. 2023 )=Share Price (A: Nov. 2023 )*Shares Outstanding (EOP) (A: Nov. 2023 )
=$3.35*14.3676
=$48.13

First Trust Specialty Fnc & Fncl Oppor's Market Cap for the quarter that ended in May. 2024 is calculated as

Market Cap (Q: May. 2024 )=Share Price (Q: May. 2024 )*Shares Outstanding (EOP) (Q: May. 2024 )
=$3.85*14.3676
=$55.32

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Trust Specialty Fnc & Fncl Oppor  (NYSE:FGB) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


First Trust Specialty Fnc & Fncl Oppor Market Cap Related Terms

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First Trust Specialty Fnc & Fncl Oppor Business Description

Traded in Other Exchanges
N/A
Address
120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187
First Trust Specialty Fnc & Fncl Oppor is a United States-based closed-end management investment company. The Fund's primary investment objective is to seek a high level of current income. It seeks a positive total return as a secondary objective. The Fund seeks to achieve its investment objectives by investing at least 80% of its Managed Assets in a portfolio of securities of specialty finance and other financial companies.
Executives
Bronwyn Wright director FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Thomas R Kadlec director C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
M Keefe Denise director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kelly Catherine Dehler other: Officer - Investment Advisor C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Scott Michael Friske other: Officer - Investment Advisor FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Steven Patrick Farmer other: Officer-Invest. Sub-Advisor 50 S. LASALLE STREET, CHICAGO IL 60603
Anne Kochevar other: Officer - Invest. Sub-Advisor
Shane Shannon officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Donald Swade officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Katherine L Urevig officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Rosanne Gatta officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY STREET, SUITE 400, WHEATON IL 60187
Erin E Klassman officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, WHEATON IL 60187
Joseph J Hanzlik other: Officer-Investment Sub-Adviser CONFLUENCE INVESTMENT MANAGEMENT LLC, 349 MARSHALL AVENUE, SUITE 302, ST. LOUIS MO 63119
Patricia A Dahl other: Officer-Investment Sub-Adviser CONFLUENCE INVESTMENT MANAGEMENT LLC, 349 MARSHALL AVENUE, SUITE 302, ST. LOUIS MO 63119
Confluence Investment Management Llc other: Investment Sub-Adviser 20 ALLEN AVENUE, SUITE 300, ST. LOUIS MO 63119

First Trust Specialty Fnc & Fncl Oppor Headlines

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