Hersha Hospitality Trust is a self-advised real estate investment trust (REIT) in the hospitality sector. Co. owns and operates luxury and lifestyle hotels in coastal gateway and resort markets. It has approximately 25 hotels totaling 3,811 rooms are located in New York, Washington, District of Columbia, Boston, Philadelphia, South Florida, and California. Co.'s portfolio consists of 22 wholly owned limited and full service properties with a total of 3,392 rooms, one hotel owned through a joint venture with a total of 115 rooms, and interests in two limited service properties owned through joint venture investments with a total of 304 rooms. We show 35 historical shares outstanding datapoints in our HT shares outstanding history coverage, used to compute HT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing HT market cap history over the course of time is important for investors
interested in comparing HT'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 HT versus a peer is one thing; comparing
HT 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 HT can fluctuate over the course of history.
With this page we aim to empower investors researching HT by allowing them to research the HT market cap history. |
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Video: The Importance of Market Cap
