Ryman Hospitality Properties is a holding company. Through its subsidiaries, Co. is a real estate investment trust. Co. engages in group-oriented, destination hotel assets in urban and resort markets. Co. also owns and operates media and entertainment assets including the Grand Ole Opry, the weekly showcase of country music's performers; the Ryman Auditorium, the live music venue located in downtown Nashville; WSM-AM, the Opry's radio home; Ole Red, a brand of Blake Shelton-themed bar, music venue and event spaces; and three Nashville-based assets managed by Marriott - Gaylord Springs Golf Links, the Wildhorse Saloon, and the General Jackson Showboat. We show 56 historical shares outstanding datapoints in our RHP shares outstanding history coverage, used to compute RHP market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing RHP market cap history over the course of time is important for investors
interested in comparing RHP'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 RHP versus a peer is one thing; comparing
RHP 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 RHP can fluctuate over the course of history.
With this page we aim to empower investors researching RHP by allowing them to research the RHP market cap history. |
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Video: The Importance of Market Cap
