KCLI (Kansas City Life Insurance Co) Shares Outstanding (Basic Average): 9.7 Mil (As of Mar. 2026)


KCLI Kansas City Life Insurance Co KCLI
66 GF Score
Price $33.42
GF Value $37.08
Valuation Modestly Undervalued
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What is Kansas City Life Insurance Co Shares Outstanding (Basic Average)?

Kansas City Life Insurance Co KCLI 66 Shares Outstanding (Basic Average) is 9.7 Mil as of Mar. 2026. GuruFocus rates KCLI with a GF Score™ of 66/100 and a GF Value™ of $37.08 (Modestly Undervalued).

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Kansas City Life Insurance Co's average basic shares outstanding for the quarter that ended in Mar. 2026 was 9.7 Mil.


Kansas City Life Insurance Co  (OTCPK:KCLI) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.


Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Kansas City Life Insurance Co Shares Outstanding (Basic Average) Related Terms


Kansas City Life Insurance Co Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Kansas City Life Insurance Co's Shares Outstanding (Basic Average) 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.

Kansas City Life Insurance Co Shares Outstanding (Basic Average) Chart

Kansas City Life Insurance Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.68 9.68 9.68 9.68 9.68

Kansas City Life Insurance Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.68 9.68 9.68 9.68 9.68
KCLI
66GF Score
Kansas City Life Insurance Co KCLI
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Kansas City Life Insurance Co Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 9.7 Mil mean?
Kansas City Life Insurance Co (KCLI) has a Shares Outstanding (Basic Average) of 9.7 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Kansas City Life Insurance Co and its competitors.
Is Kansas City Life Insurance Co's Shares Outstanding (Basic Average) too high?
Kansas City Life Insurance Co's current Shares Outstanding (Basic Average) is 9.7 Mil. Overall, Kansas City Life Insurance Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kansas City Life Insurance Co's Shares Outstanding (Basic Average) compare to CIA and SNFCA?
Kansas City Life Insurance Co's Shares Outstanding (Basic Average) of 9.7 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for an Insurance company?
A good Shares Outstanding (Basic Average) depends on the Insurance industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Kansas City Life Insurance Co and its competitors. Kansas City Life Insurance Co's current Shares Outstanding (Basic Average) is 9.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kansas City Life Insurance Co stock overvalued right now?
Based on GuruFocus' analysis, Kansas City Life Insurance Co (KCLI) is currently considered Modestly Undervalued. The stock's GF Value™ is $37.08, compared to a current price of $33.42 — trading 9.9% below its estimated fair value. The current Shares Outstanding (Basic Average) is 9.7 Mil. Kansas City Life Insurance Co's overall GF Score™ is 66/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Kansas City Life Insurance Co (KCLI), the current Shares Outstanding (Basic Average) is 9.7 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Kansas City Life Insurance Co (KCLI) Overvalued in 2026?

Based on GuruFocus' analysis, Kansas City Life Insurance Co stock appears to be undervalued. The current stock price of $33.42 is trading 9.9% below its estimated GF Value™ of $37.08. GuruFocus considers Kansas City Life Insurance Co to be Modestly Undervalued.

Key valuation signals for KCLI:

  • Shares Outstanding (Basic Average): 9.7 Mil
  • GF Value™: $37.08 vs. price of $33.42 (9.9% below fair value)
  • GF Score™: 66/100

No single metric tells the full story. See the KCLI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kansas City Life Insurance Co Business Description

Address 3520 Broadway, Kansas, MO, USA, 64111-2565
Kansas City Life Insurance Co is a Missouri-domiciled insurance company providing individual life, annuity, and group products through general agencies located throughout the United States. The company operates its business in three segments; The Individual Insurance segment consists of individual insurance products for Kansas City Life, Grange Life, and the assumed reinsurance transactions; The Group Insurance segment consists of sales of group life, dental, vision, disability, accident, and critical illness products; and The Old American segment consists of individual insurance products designed largely as final expense products. The company makes the majority of its revenue from the Individual Insurance Segment.
66GF Score

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Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$33.42
Price
$37.08
GF Value