AMREP is a holding company. Through its subsidiaries, Co. is primarily engaged in two business segments: land development and homebuilding. Co. provides for sale both developed and undeveloped real property to national, regional and local homebuilders, commercial and industrial property developers and others. Activities conducted or arranged by Co. include land and site planning, obtaining governmental and environmental approvals, installing utilities and storm drains, ensuring the availability of water service, building or improving roads necessary for land development and constructing community amenities. Co. has operations in New Mexico of its internal homebuilder, Amreston Homes. We show 52 historical shares outstanding datapoints in our AXR shares outstanding history coverage, used to compute AXR market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AXR market cap history over the course of time is important for investors
interested in comparing AXR'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 AXR versus a peer is one thing; comparing
AXR 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 AXR can fluctuate over the course of history.
With this page we aim to empower investors researching AXR by allowing them to research the AXR market cap history. |
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Video: The Importance of Market Cap
