Duke Realty is a self-administered and self-managed real estate investment trust and is the sole general partner of Duke Realty Limited Partnership (Partnership) and its consolidated subsidiaries. Co. and Partnership focuses on the ownership, management and development of bulk distribution (industrial) real estate. Co. has two operating segments, the first consisting of the ownership and rental of industrial real estate investments. Co.'s second reportable segment consists of real estate services such as development, general contracting, construction management, property management, asset management, maintenance and leasing to third-party property customers, owners and joint ventures. We show 50 historical shares outstanding datapoints in our DRE shares outstanding history coverage, used to compute DRE market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing DRE market cap history over the course of time is important for investors
interested in comparing DRE'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 DRE versus a peer is one thing; comparing
DRE 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 DRE can fluctuate over the course of history.
With this page we aim to empower investors researching DRE by allowing them to research the DRE market cap history. |