| Eldorado Resorts is a holding company. Through its subsidiaries, Co. is a gaming and hospitality company that owns and operates gaming facilities. Co. uses its hotels, restaurants, bars, entertainment, racing, retail shops and other services to attract customers to its properties. Co. has three reportable segments: Nevada, which include properties in Eldorado Reno, Silver Legacy and Circus Reno; Louisiana, which include properties in Eldorado Shreveport; and Eastern, which include properties in Presque Isle Downs, Scioto Downs and Mountaineer. Co. also operates Racelinebet.com, a national account wagering service that provides online and telephone wagering on horse races. We show 19 historical shares outstanding datapoints in our ERI shares outstanding history coverage, used to compute ERI market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ERI market cap history over the course of time is important for investors
interested in comparing ERI'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 ERI versus a peer is one thing; comparing
ERI 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 ERI can fluctuate over the course of history.
With this page we aim to empower investors researching ERI by allowing them to research the ERI market cap history.