MLCI (Mount Logan Capital) Shares Outstanding (Basic Average): 11.19 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MLCI Mount Logan Capital Inc MLCI
61 GF Score
Price $3.06
GF Value $1.09
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Mount Logan Capital Shares Outstanding (Basic Average)?

Mount Logan Capital MLCI +0.65% 61 Shares Outstanding (Basic Average) is 11.19 Mil as of Jun. 2026. GuruFocus rates MLCI with a GF Score™ of 61/100 and a GF Value™ of $1.09 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Mount Logan Capital's average basic shares outstanding for the quarter that ended in Jun. 2026 was 11.19 Mil.


Mount Logan Capital  (NAS:MLCI) 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.


Mount Logan Capital Shares Outstanding (Basic Average) Related Terms


Mount Logan Capital Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Mount Logan Capital'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.

Mount Logan Capital Shares Outstanding (Basic Average) Chart

Mount Logan Capital 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 18.58 22.19 23.94 6.11 8.60

Mount Logan Capital Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 6.79 8.17 12.83 11.80 11.19
MLCI
61GF Score
Mount Logan Capital Inc MLCI
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mount Logan Capital 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 11.19 Mil mean?
Mount Logan Capital (MLCI) has a Shares Outstanding (Basic Average) of 11.19 Mil as of Jun. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Mount Logan Capital and its competitors.
Is Mount Logan Capital's Shares Outstanding (Basic Average) too high?
Mount Logan Capital's current Shares Outstanding (Basic Average) is 11.19 Mil. Overall, Mount Logan Capital has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mount Logan Capital's Shares Outstanding (Basic Average) compare to CXH and RMCO?
Mount Logan Capital's Shares Outstanding (Basic Average) of 11.19 Mil can be compared against companies in the Asset Management 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 Asset Management company?
A good Shares Outstanding (Basic Average) depends on the Asset Management 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 Mount Logan Capital and its competitors. Mount Logan Capital's current Shares Outstanding (Basic Average) is 11.19 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mount Logan Capital stock overvalued right now?
Based on GuruFocus' analysis, Mount Logan Capital (MLCI) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.09, compared to a current price of $3.06 — trading 180.7% above its estimated fair value. The current Shares Outstanding (Basic Average) is 11.19 Mil. Mount Logan Capital's overall GF Score™ is 61/100 with 8 warning signs to review. 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 Mount Logan Capital (MLCI), the current Shares Outstanding (Basic Average) is 11.19 Mil as of Jun. 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 Mount Logan Capital (MLCI) Overvalued in 2026?

Based on GuruFocus' analysis, Mount Logan Capital stock appears to be overvalued. The current stock price of $3.06 is trading 180.7% above its estimated GF Value™ of $1.09. GuruFocus considers Mount Logan Capital to be Significantly Overvalued.

Key valuation signals for MLCI:

  • Shares Outstanding (Basic Average): 11.19 Mil
  • GF Value™: $1.09 vs. price of $3.06 (180.7% above fair value)
  • GF Score™: 61/100 with 8 warning signs

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


Mount Logan Capital Business Description

Address 650 Madison Avenue, 3rd Floor, New York, NY, USA, 10022
Mount Logan Capital Inc operates as emerging asset management and investment firm focused on investing in public and private debt securities in the North American market. The company's reporting segments include asset management and insurance. The company through its subsidiaries, earns management and incentive fees and servicing fees for providing investment management, monitoring and other services to investment vehicles and advisers. The Asset Management segment comprises all fee generating activities. The Insurance Solutions segment, which derives maximum revenue, consists of two product lines within the insurance business, LTC and MYGA.
61GF Score

Get the complete analysis for MLCI

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

$3.06
Price
$1.09
GF Value