Life Storage is a self-administered and self-managed real estate company that acquires, owns and manages self-storage properties. Co. refers to the self-storage properties in which Co. has an ownership interest, lease, and/or are managed by Co. as Properties. Co. has an ownership interest in and/or manages self-storage properties in various states and the District of Columbia. Co.'s Properties in the U.S. conduct business under the name Life Storage®. Co. owns a direct or indirect interest in the Properties through its subsidiary, Life Storage LP, which includes wholly-owned properties and properties owned by unconsolidated joint ventures. We show 54 historical shares outstanding datapoints in our LSI shares outstanding history coverage, used to compute LSI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing LSI market cap history over the course of time is important for investors
interested in comparing LSI'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 LSI versus a peer is one thing; comparing
LSI 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 LSI can fluctuate over the course of history.
With this page we aim to empower investors researching LSI by allowing them to research the LSI market cap history. |
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Video: The Importance of Market Cap
