VICI Properties is a holding company. Through its subsidiaries, Co. owns and acquires gaming, hospitality and entertainment destinations. Co.'s national portfolio consists of Caesars Palace Las Vegas, Harrah's Las Vegas and the Venetian Resort. Co.'s portfolio also includes real estate loan investments. In addition, Co. owns undeveloped or underdeveloped land on and adjacent to the Las Vegas Strip. Co. also owns and operates golf courses located near certain of its properties. Co. conducts its real property business through its operating partnership, VICI Properties L.P. and its golf course business through a taxable real estate investment trust subsidiary, VICI Golf LLC. We show 25 historical shares outstanding datapoints in our VICI shares outstanding history coverage, used to compute VICI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing VICI Properties market cap history over the course of time is important for investors
interested in comparing VICI Properties'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 VICI Properties versus a peer is one thing; comparing
VICI Properties 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 VICI Properties can fluctuate over the course of history.
With this page we aim to empower investors researching VICI Properties by allowing them to research the VICI Properties market cap history. |
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Video: The Importance of Market Cap
