Las Vegas Sands is a developer of destination properties (Integrated Resorts) that feature accommodations, gaming, entertainment and retail malls, convention and exhibition facilities, restaurants and other amenities. Co. owns and operates Integrated Resorts in Asia and the United States. Through its ownership of Sands China Ltd., Co. owns and operates properties including The Venetian Macao Resort Hotel, Sands Cotai Central, The Parisian Macao, The Plaza Macao and Four Seasons Hotel Macao, Cotai Strip, and the Sands Macao. In Singapore, Co. owns and operates the Marina Bay Sands. Co.'s Las Vegas Operating Properties includes The Venetian Resort Las Vegas and the Sands Expo Center. We show 45 historical shares outstanding datapoints in our LVS shares outstanding history coverage, used to compute LVS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing Las Vegas Sands market cap history over the course of time is important for investors
interested in comparing Las Vegas Sands'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 Las Vegas Sands versus a peer is one thing; comparing
Las Vegas Sands 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 Las Vegas Sands can fluctuate over the course of history.
With this page we aim to empower investors researching Las Vegas Sands by allowing them to research the Las Vegas Sands market cap history. |
Video: The Importance of Market Cap
