| American Finance Trust is a real estate investment trust with a retail focus. Co.'s retail focus is comprised of commercial properties which are net leased primarily to investment grade and other creditworthy tenants and, as a result of the merger of American Realty Capital Retail Operating Partnership, L.P. with and into Co.'s operating partnership, American Finance Operating Partnership, L.P., a portfolio of retail properties, consisting primarily of power centers and lifestyle centers. Substantially all of Co.'s business is conducted through American Finance Operating Partnership, L.P. and its wholly-owned subsidiaries. We show 5 historical shares outstanding datapoints in our AFIN shares outstanding history coverage, used to compute AFIN market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AFIN market cap history over the course of time is important for investors
interested in comparing AFIN's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of AFIN versus a peer is one thing; comparing
AFIN market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like AFIN can fluctuate over the course of history.
With this page we aim to empower investors researching AFIN by allowing them to research the AFIN market cap history.