Apple Hospitality REIT is a real estate investment trust that invests in real estate, primarily in the lodging sector, in the United States. Co. owns hotels located in urban, suburban and developing markets throughout several states. All of Co.'s hotels operate under Marriott, Hilton or Hyatt brands. The hotels are operated and managed under separate management agreements with hotel management companies, none of which are affiliated with Co. We show 21 historical shares outstanding datapoints in our APLE shares outstanding history coverage, used to compute APLE market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing APLE market cap history over the course of time is important for investors
interested in comparing APLE'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 APLE versus a peer is one thing; comparing
APLE 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 APLE can fluctuate over the course of history.
With this page we aim to empower investors researching APLE by allowing them to research the APLE market cap history. |