Entercom Communications is a holding company. Through its subsidiaries, Co, is a media and entertainment company primarily engaged in the sale of advertising time to local, regional and national advertisers and national network advertisers who purchase commercials in varying lengths. Co. focuses on station-related digital product suites, which allow for audience interaction and participation, and integrated digital advertising solutions. Co.'s stations are classified by their format, such as news, sports, talk, classic rock, urban, adult contemporary, alternative and country, among others. We show 45 historical shares outstanding datapoints in our ETM shares outstanding history coverage, used to compute ETM market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ETM market cap history over the course of time is important for investors
interested in comparing ETM'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 ETM versus a peer is one thing; comparing
ETM 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 ETM can fluctuate over the course of history.
With this page we aim to empower investors researching ETM by allowing them to research the ETM market cap history. |
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Video: The Importance of Market Cap
