US Residential Fund (ASX:USR) Shares Outstanding (Basic Average): 31.06 Mil (As of Dec. 2018)


What is US Residential Fund Shares Outstanding (Basic Average)?

US Residential Fund ASX:USR Shares Outstanding (Basic Average) is 31.06 Mil as of Dec. 2018.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. US Residential Fund's average basic shares outstanding for the quarter that ended in Dec. 2018 was 31.06 Mil.


US Residential Fund  (ASX:USR) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.


Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


US Residential Fund Shares Outstanding (Basic Average) Related Terms


US Residential Fund Shares Outstanding (Basic Average) Historical Data

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The historical data trend for US Residential Fund's Shares Outstanding (Basic Average) 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.

US Residential Fund Shares Outstanding (Basic Average) Chart

US Residential Fund Annual Data
Trend Dec15 Dec16 Dec18
Shares Outstanding (Basic Average)
13.53 14.61 32.00

US Residential Fund Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18
Shares Outstanding (Basic Average) Get a 7-Day Free Trial 14.61 28.33 34.17 32.94 31.06

US Residential Fund Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 31.06 Mil mean?
US Residential Fund (ASX:USR) has a Shares Outstanding (Basic Average) of 31.06 Mil as of Dec. 2018. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on US Residential Fund and its competitors.
Is US Residential Fund's Shares Outstanding (Basic Average) too high?
US Residential Fund's current Shares Outstanding (Basic Average) is 31.06 Mil.
How does US Residential Fund's Shares Outstanding (Basic Average) compare to RVEN and SACH?
US Residential Fund's Shares Outstanding (Basic Average) of 31.06 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for a REITs company?
A good Shares Outstanding (Basic Average) depends on the REITs industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on US Residential Fund and its competitors. US Residential Fund's current Shares Outstanding (Basic Average) is 31.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is US Residential Fund stock overvalued right now?
US Residential Fund (ASX:USR) has a current Shares Outstanding (Basic Average) of 31.06 Mil. The current Shares Outstanding (Basic Average) is 31.06 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For US Residential Fund (ASX:USR), the current Shares Outstanding (Basic Average) is 31.06 Mil as of Dec. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

US Residential Fund Business Description

Industry Real EstateREITs
Address 201 Sussex Street, Level 20, Tower 2, Darling Park, Sydney, NSW, AUS, 2000
US Residential Fund is a real estate investment trust. The group operates in the United States residential property market. The investment objectives of the fund are expanding and diversifying in the United States residential market through direct and indirect property investments, utilizing both debt and equity instruments to facilitate the transactions.