Capstead Mortgage operates as a self-managed real estate investment trust. Co.'s investment strategy involves managing and earning a financing spread on a portfolio of residential mortgage pass-through securities consisting primarily of adjustable-rate mortgage securities issued and guaranteed by government-sponsored enterprises, either Federal National Mortgage Association or Federal Home Loan Mortgage Corporation, or by an agency of the federal government, Government National Mortgage Association. We show 48 historical shares outstanding datapoints in our CMO shares outstanding history coverage, used to compute CMO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CMO market cap history over the course of time is important for investors
interested in comparing CMO'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 CMO versus a peer is one thing; comparing
CMO 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 CMO can fluctuate over the course of history.
With this page we aim to empower investors researching CMO by allowing them to research the CMO market cap history. |
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Video: The Importance of Market Cap
