Apartment Income REIT is a self-administered and self-managed real estate investment trust. Co. owns, through its wholly-owned subsidiaries, all of the common equity, the general partner interest, and special limited partner interest in its operating partnership, Apartment Income REIT, L.P. (AIR Operating Partnership). AIR Operating Partnership conducts all of the business of Co., which is focused on the ownership of stabilized multi-family properties located in primary markets including the following geographic concentrations: Boston; Philadelphia; Greater Washington, D.C.; Miami; Denver; the San Francisco Bay Area; Los Angeles; and San Diego. We show 12 historical shares outstanding datapoints in our AIRC shares outstanding history coverage, used to compute AIRC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AIRC market cap history over the course of time is important for investors
interested in comparing AIRC'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 AIRC versus a peer is one thing; comparing
AIRC 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 AIRC can fluctuate over the course of history.
With this page we aim to empower investors researching AIRC by allowing them to research the AIRC market cap history. |
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Video: The Importance of Market Cap
