Sonida Senior Living is a holding company. Through its subsidiaries, Co. is an owner-operator of senior housing communities. Co. provides senior living services to residents aged 75 and greater, including independent living, assisted living, and memory care services. Co. also provides independent living services to seniors who do not yet need assistance or support with activities of daily living, but who prefer the physical and psychological comfort of a residential community that provides health care and other services. In addition, Co. provides a range of assisted living care and services, including personal care services, staffing, support services, and other supplemental services. We show 10 historical shares outstanding datapoints in our SNDA shares outstanding history coverage, used to compute SNDA market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SNDA market cap history over the course of time is important for investors
interested in comparing SNDA'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 SNDA versus a peer is one thing; comparing
SNDA 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 SNDA can fluctuate over the course of history.
With this page we aim to empower investors researching SNDA by allowing them to research the SNDA market cap history. |
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Video: The Importance of Market Cap
