Uniti Group is an independent, internally managed real estate investment trust. Co. is principally focused on acquiring and constructing fiber optic, copper and coaxial broadband networks and data centers. Co.'s primary lines of business are Uniti Leasing and Uniti Fiber. Uniti Leasing is engaged in acquiring and constructing communications assets, such as fiber, data centers, and consumer broadband, and leasing them back to anchor customers on either an exclusive or shared-tenant basis. Uniti Fiber provides infrastructure solutions, including cell site backhaul and small cell for wireless operators and ethernet, wavelengths and dark fiber for telecommunications carriers and enterprises. We show 37 historical shares outstanding datapoints in our UNIT shares outstanding history coverage, used to compute UNIT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing UNIT market cap history over the course of time is important for investors
interested in comparing UNIT'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 UNIT versus a peer is one thing; comparing
UNIT 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 UNIT can fluctuate over the course of history.
With this page we aim to empower investors researching UNIT by allowing them to research the UNIT market cap history. |
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Video: The Importance of Market Cap
