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Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Flaherty & Crumrine Preferred andome Securities Fundorporated's average diluted shares outstanding for the quarter that ended in Nov. 2025 was 48.56 Mil.
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.
* 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.
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 (Diluted Average) of 48.56 Mil mean?
Flaherty & Crumrine Preferred andome Securities Fundorporated (FFC) has a Shares Outstanding (Diluted Average) of 48.56 Mil as of Nov. 2025. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Flaherty & Crumrine Preferred andome Securities Fundorporated and its competitors.
Is Flaherty & Crumrine Preferred andome Securities Fundorporated's Shares Outstanding (Diluted Average) too high?
Flaherty & Crumrine Preferred andome Securities Fundorporated's current Shares Outstanding (Diluted Average) is 48.56 Mil. Overall, Flaherty & Crumrine Preferred andome Securities Fundorporated has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Flaherty & Crumrine Preferred andome Securities Fundorporated's Shares Outstanding (Diluted Average) compare to THQ and DXYZ?
Flaherty & Crumrine Preferred andome Securities Fundorporated's Shares Outstanding (Diluted Average) of 48.56 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 (Diluted Average) for an Asset Management company?
A good Shares Outstanding (Diluted Average) depends on the Asset Management industry context. However, Shares Outstanding (Diluted 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 (Diluted Average) mean?
A high Shares Outstanding (Diluted Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Flaherty & Crumrine Preferred andome Securities Fundorporated and its competitors. Flaherty & Crumrine Preferred andome Securities Fundorporated's current Shares Outstanding (Diluted Average) is 48.56 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flaherty & Crumrine Preferred andome Securities Fundorporated stock overvalued right now?
Flaherty & Crumrine Preferred andome Securities Fundorporated (FFC) has a current Shares Outstanding (Diluted Average) of 48.56 Mil. The current Shares Outstanding (Diluted Average) is 48.56 Mil. Flaherty & Crumrine Preferred andome Securities Fundorporated's overall GF Score™ is 32/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Diluted Average) calculated?
Shares Outstanding (Diluted Average) is calculated from a company's financial statements. For Flaherty & Crumrine Preferred andome Securities Fundorporated (FFC), the current Shares Outstanding (Diluted Average) is 48.56 Mil as of Nov. 2025. 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.
Flaherty & Crumrine Preferred andome Securities Fundorporated Business Description
Flaherty & Crumrine Preferred and Income Securities Fund Incorporated is a diversified, closed-end management investment company. The fund's investment objective is to provide its common shareholders with high current income consistent with the preservation of capital. It invests in a diversified portfolio of preferred securities.
32GF Score
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