Apple Hospitality REIT, Inc. is a real estate investment trust (REIT) that owns a diverse portfolio of upscale, room-focused hotels in the U.S.. Co.'s portfolio consists of about 224 hotels with more than 30,066 guest rooms located in 87 markets throughout 37 states as well as one property leased to third parties. Its hotel portfolio consists of 100 Marriott-branded hotels, 119 Hilton-branded hotels and five Hyatt-branded hotels. Its hotels operate under Marriott or Hilton brands. We show 37 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. |
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Video: The Importance of Market Cap
