RMR Mortgage Trust is a non-diversified closed end management investment company. The Fund's investment objective is to earn and pay a high level of on the time income to its common shareholders by investing in real estate companies, including REITs. The Fund's secondary investment objective is capital appreciation. As of Dec 31 2016, the Fund's total assets were $272,778,862 and total investments were $270,809,748. We show 1 historical shares outstanding datapoints in our RMRM shares outstanding history coverage, used to compute RMRM market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing RMRM market cap history over the course of time is important for investors
interested in comparing RMRM'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 RMRM versus a peer is one thing; comparing
RMRM 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 RMRM can fluctuate over the course of history.
With this page we aim to empower investors researching RMRM by allowing them to research the RMRM market cap history. |
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Video: The Importance of Market Cap
