National Health Investors is a real estate investment trust focusing on sale-leaseback, joint-venture, mortgage and mezzanine financing of senior housing and medical facility investments. Co.'s portfolio consists of real estate investments in independent living facilities (ILFs), which provide designed residential units for active senior adults and provide various ancillary services for their residents; assisted living facilities (ALFs), which provide basic room and board functions for elderly residents; entrance-fee communities, which include a combination of detached cottages, an ILF, an ALF and a skilled nursing facility (SNF) on one campus; senior living campuses; SNFs; and a hospital. We show 58 historical shares outstanding datapoints in our NHI shares outstanding history coverage, used to compute NHI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing NHI market cap history over the course of time is important for investors
interested in comparing NHI'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 NHI versus a peer is one thing; comparing
NHI 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 NHI can fluctuate over the course of history.
With this page we aim to empower investors researching NHI by allowing them to research the NHI market cap history. |
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Video: The Importance of Market Cap
