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). Home Properties's share price for the quarter that ended in Jun. 2015 was $73.05. Home Properties's Shares Outstanding (EOP) for the quarter that ended in Jun. 2015 was 58.0 Mil. Therefore, Home Properties's market cap for the quarter that ended in Jun. 2015 was $4,236.6 Mil.
Home Properties's quarterly market cap
increased
from Dec. 2014 ($3,785.4 Mil) to Mar. 2015 ($4,012.0 Mil) and
increased
from Mar. 2015 ($4,012.0 Mil) to Jun. 2015 ($4,236.6 Mil).
Home Properties's annual market cap
declined
from Dec. 2012 ($3,158.0 Mil) to Dec. 2013 ($3,054.3 Mil) but then
increased
from Dec. 2013 ($3,054.3 Mil) to Dec. 2014 ($3,785.4 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. Home Properties's Enterprise Value for Today is $4,367.4 Mil.
Home Properties Market Cap Historical Data
The historical data trend for Home Properties'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 Home Properties's Market Cap
For the REIT - Residential subindustry, Home Properties'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.
Home Properties's Market Cap Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Home Properties's Market Cap distribution charts can be found below:
* The bar in red indicates where Home Properties's Market Cap falls into.
Home Properties 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.
Home Properties's Market Cap for the fiscal year that ended in Dec. 2014 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.
Home Properties (NYSE:HME) 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.
Home Properties Market Cap Related Terms
Thank you for viewing the detailed overview of Home Properties's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Home Properties (Home Properties) Business Description
Home Properties Inc was formed in November 1993, as a Maryland corporation. The Company completed an initial public offering on August 4, 1994 It is a self-administered and self-managed real estate investment trust. It owns, operates, acquires, develops and rehabilitates apartment communities. The Company's properties are regionally focused, primarily in selected Northeast and Mid-Atlantic regions of the United States. The Company competes with other real estate investors in seeking property for acquisition and development. These competitors include pension and investment funds, insurance companies, private investors, local owners and developers, and other apartment REITs.
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