DiamondRock Hospitality is a lodging-focused real estate investment (REIT) company that owns a portfolio of hotels and resort. Co.'s hotels are operated under a brand owned by one of the lodging brand companies (Marriott International, Inc., or Hilton Worldwide). Co. conducts its business through an umbrella partnership REIT, in which its hotel properties are owned by its operating partnership, DiamondRock Hospitality Limited Partnership, or subsidiaries of its operating partnership. Co. is the sole general partner of its operating partnership and owns, either directly or indirectly, all of the limited partnership units of its operating partnership. We show 57 historical shares outstanding datapoints in our coverage of DRH's shares outstanding history.
Understanding the changing numbers of DRH shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like DRH versus peers —
is critical for investors. 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.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching DRH by allowing them to research DRH shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
