Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). CorePoint Lodging's share price for the quarter that ended in Sep. 2021 was $15.5. CorePoint Lodging's Shares Outstanding (EOP) for the quarter that ended in Sep. 2021 was 58.4 Mil. Therefore, CorePoint Lodging's market cap for the quarter that ended in Sep. 2021 was $905.2 Mil.
CorePoint Lodging's quarterly market cap
increased
from Mar. 2021 ($529.2 Mil) to Jun. 2021 ($626.0 Mil) and
increased
from Jun. 2021 ($626.0 Mil) to Sep. 2021 ($905.2 Mil).
CorePoint Lodging's annual market cap
declined
from Dec. 2018 ($728.9 Mil) to Dec. 2019 ($610.9 Mil) and
declined
from Dec. 2019 ($610.9 Mil) to Dec. 2020 ($400.1 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. CorePoint Lodging's Enterprise Value for Today is $1,326.0 Mil.
CorePoint Lodging Market Cap Historical Data
The historical data trend for CorePoint Lodging's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of CorePoint Lodging's Market Cap
For the REIT - Hotel & Motel subindustry, CorePoint Lodging's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
CorePoint Lodging's Market Cap Distribution in the REITs Industry
For the REITs industry and Real Estate sector, CorePoint Lodging's Market Cap distribution charts can be found below:
* The bar in red indicates where CorePoint Lodging's Market Cap falls into.
CorePoint Lodging Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
CorePoint Lodging's Market Cap for the fiscal year that ended in Dec. 2020 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CorePoint Lodging (NYSE:CPLG) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
CorePoint Lodging Market Cap Related Terms
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CorePoint Lodging (CorePoint Lodging) Business Description
CorePoint Lodging Inc is a lodging real estate investment trust strategically focused on serving the midscale and upper-midscale select-service lodging segments. The company's portfolio includes over 209 hotels with around 27,800 rooms in locations in or near employment centers, airports, and major travel thoroughfares. The company primarily derives revenues from its hotel operations.
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