NI Holdings (NI Holdings) Market Cap : $308.8 Mil (As of Apr. 26, 2024)

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What is NI Holdings 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). NI Holdings's share price for the quarter that ended in Dec. 2023 was $12.99. NI Holdings's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 20.6 Mil. Therefore, NI Holdings's market cap for the quarter that ended in Dec. 2023 was $267.6 Mil.

NI Holdings's quarterly market cap declined from Jun. 2023 ($310.2 Mil) to Sep. 2023 ($264.8 Mil) but then increased from Sep. 2023 ($264.8 Mil) to Dec. 2023 ($267.6 Mil).

NI Holdings's annual market cap declined from Dec. 2021 ($401.3 Mil) to Dec. 2022 ($279.7 Mil) and declined from Dec. 2022 ($279.7 Mil) to Dec. 2023 ($267.6 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. NI Holdings's Enterprise Value for Today is $249.7 Mil.

NI Holdings Market Cap Historical Data

The historical data trend for NI Holdings'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.

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NI Holdings Market Cap Chart

NI Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Market Cap

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383.33

350.05

401.27

279.68

267.59

NI Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Market Cap	Get a 7-Day Free Trial															279.68	273.81	310.16	264.81	267.59

Competitive Comparison of NI Holdings's Market Cap

For the Insurance - Property & Casualty subindustry, NI Holdings'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.

NI Holdings's Market Cap Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, NI Holdings's Market Cap distribution charts can be found below:

* The bar in red indicates where NI Holdings's Market Cap falls into.

NI Holdings 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.

NI Holdings's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )	=	Share Price (A: Dec. 2023 )	*	Shares Outstanding (EOP) (A: Dec. 2023 )
	=	$12.99	*	20.5999
	=	$267.6

NI Holdings's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )	=	Share Price (Q: Dec. 2023 )	*	Shares Outstanding (EOP) (Q: Dec. 2023 )
	=	$12.99	*	20.5999
	=	$267.6

NI Holdings (NAS:NODK) 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 companys 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.

NI Holdings Market Cap Related Terms

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NI Holdings (NI Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » NI Holdings Inc (NAS:NODK) » Definitions » Market Cap

Comparable Companies

Traded in Other Exchanges

N/A

Address

1101 First Avenue North, Fargo, ND, USA, 58102

Website

http://www.niholdingsinc.com

NI Holdings Inc is a stockholding company. The company's operating segments include private passenger auto insurance, non-standard auto insurance, home and farm insurance, crop insurance, commercial insurance, and others. It generates maximum revenue from the home and farm insurance segment.

Executives

Patrick W. Duncan	officer: Vice President of Operations	1101 FIRST AVENUE NORTH, FARGO ND 58102
Prakash Mathew	director	1101 FIRST AVENUE NORTH, FARGO ND 58102
Duaine Espegard	director	1101 FIRST AVENUE NORTH, FARGO ND 58102
Stephen V. Marlow	director	1101 FIRST AVENUE NORTH, FARGO ND 58102
Jeffrey R. Missling	director	1101 FIRST AVENUE NORTH, FARGO ND 58102
Eric K. Aasmundstad	director	1101 FIRST AVENUE NORTH, FARGO ND 58102
William Russell Devlin	director	1101 FIRST AVENUE NORTH, FARGO ND 58102
Cindy Launer	director	1101 FIRST AVENUE NORTH, FARGO ND 58102
Michael J. Alexander	director, officer: President & CEO	1101 FIRST AVENUE NORTH, FARGO ND 58102
Seth C. Daggett	officer: EVP of Strategy	1101 FIRST AVENUE NORTH, FARGO ND 58102
Timothy J. Milius	officer: Vice President of Finance	1101 FIRST AVENUE NORTH, FARGO ND 58102
Brian R. Doom	officer: Executive Vice President & CFO	1101 FIRST AVENUE NORTH, FARGO ND 58102
Brad J. Larson	officer: Regional Sales Director	1101 FIRST AVENUE NORTH, FARGO ND 58102
Nodak Mutual Group, Inc.	10 percent owner	1101 FIRST AVENUE NORTH, FARGO ND 58102