Chatham Lodging Trust is a real estate investment trust (REIT). All of Co.'s assets are held by, and all operations are conducted via its operating partnership, Chatham Lodging, L.P., which leases Co.'s wholly owned hotels to taxable REIT subsidiary lessees. Co.'s wholly owned hotels include hotels that operate under the Residence Inn by Marriott® brand and Homewood Suites by Hilton® brand, as well as hotels that operate under the Courtyard by Marriott® brand, the Hampton Inn or Hampton Inn and Suites by Hilton® brand, the Hilton Garden Inn by Hilton® brand, the SpringHill Suites by Marriott® brand, the Hyatt Place® brand and all suite hotels that operate under the Embassy Suites brand®. We show 58 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
