Chatham Lodging Trust is a real estate investment trust (REIT). Co. is focused primarily on investing in upscale, extended-stay hotels and premium-branded, select-service hotels. All the Co.'s assets are held by, and all of its operations are conducted through Chatham Lodging, L.P. (the Operating Partnership). Co. owns approximately 39 hotels totaling 5,883 rooms/suites in 17 states and the District of Columbia. Co. invests in premium select-service hotels, such as Courtyard by Marriott, Hampton Inn, Hampton Inn and Suites by Hilton, Hyatt Place and Hilton Garden Inn by Hilton. We show 63 historical shares outstanding datapoints in our CLDT shares outstanding history coverage, used to compute CLDT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CLDT market cap history over the course of time is important for investors
interested in comparing CLDT'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 CLDT versus a peer is one thing; comparing
CLDT 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 CLDT can fluctuate over the course of history.
With this page we aim to empower investors researching CLDT by allowing them to research the CLDT market cap history. |
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Video: The Importance of Market Cap
