Industrial Logistics Properties Trust is a real estate investment trust. Co. owns and leases industrial and logistics properties throughout the U.S. Co.'s portfolio is comprised of consolidated properties, which consist of buildings, leasable land parcels and easements that are primarily industrial lands located on the island of Oahu, HI and properties that are industrial and logistics properties located in other states. Co.'s consolidated properties include properties it owns in an unconsolidated joint venture in which it owns a 61% equity interest. Co. also owns a 22% equity interest in an unconsolidated joint venture that owns properties located in various states in the mainland U.S. We show 27 historical shares outstanding datapoints in our ILPT shares outstanding history coverage, used to compute ILPT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ILPT market cap history over the course of time is important for investors
interested in comparing ILPT'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 ILPT versus a peer is one thing; comparing
ILPT 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 ILPT can fluctuate over the course of history.
With this page we aim to empower investors researching ILPT by allowing them to research the ILPT market cap history. |
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Video: The Importance of Market Cap
