CatchMark Timber Trust is a real estate investment trust that owns and operates timberlands. Co. conducts substantially all of its business through CatchMark Timber Operating Partnership, L.P., its subsidiary. Co. engages in the acquisition, ownership, operation, management, and disposition of timberland properties located in the U.S. Co.'s segments are: Harvest, which includes wholly-owned timber assets and associated timber sales; Real Estate, which includes timberland sales, cost of timberland sales and dispositions; and Investment Management, which includes investments in unconsolidated joint ventures and the management of these joint ventures. We show 34 historical shares outstanding datapoints in our CTT shares outstanding history coverage, used to compute CTT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CTT market cap history over the course of time is important for investors
interested in comparing CTT'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 CTT versus a peer is one thing; comparing
CTT 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 CTT can fluctuate over the course of history.
With this page we aim to empower investors researching CTT by allowing them to research the CTT market cap history. |
Free CTT Email Alerts:
Video: The Importance of Market Cap
