Sotherly Hotels is a lodging real estate investment trust that owns, acquires, renovates and repositions upscale and upper-upscale hotel properties located in primary markets in the mid-Atlantic and southern U.S. Co. conducts its business through its subsidiary, Sotherly Hotels LP, its operating partnership (the Operating Partnership), of which it is the general partner. Co.'s portfolio consists of upscale and upper-upscale hotels located in various states and interests in several condominium hotels and their associated rental programs. All of Co.'s hotels are wholly-owned by subsidiaries of the Operating Partnership and are managed on a day-to-day basis by Our Town Hospitality, LLC. We show 51 historical shares outstanding datapoints in our SOHO shares outstanding history coverage, used to compute SOHO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SOHO market cap history over the course of time is important for investors
interested in comparing SOHO'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 SOHO versus a peer is one thing; comparing
SOHO 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 SOHO can fluctuate over the course of history.
With this page we aim to empower investors researching SOHO by allowing them to research the SOHO market cap history. |
Free SOHO Email Alerts:
Video: The Importance of Market Cap
