Lojas Renner (BSP:LREN3) Shares Outstanding (Basic Average): 981 Mil (As of Mar. 2026)


BSP:LREN3 Lojas Renner SA BSP:LREN3
92 GF Score
Price R$14.52
GF Value R$17.25
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Lojas Renner Shares Outstanding (Basic Average)?

Lojas Renner BSP:LREN3 +0.14% 92 Shares Outstanding (Basic Average) is 981 Mil as of Mar. 2026. GuruFocus rates BSP:LREN3 with a GF Score™ of 92/100 and a GF Value™ of R$17.25 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Lojas Renner's average basic shares outstanding for the quarter that ended in Mar. 2026 was 981 Mil.


Lojas Renner  (BSP:LREN3) 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.


Lojas Renner Shares Outstanding (Basic Average) Related Terms


Lojas Renner Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Lojas Renner'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.

Lojas Renner Shares Outstanding (Basic Average) Chart

Lojas Renner Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,047.69 1,071.49 1,054.57 1,051.39 1,010.64

Lojas Renner Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,041.35 1,005.21 996.91 979.31 981.35
BSP:LREN3
92GF Score
Lojas Renner SA BSP:LREN3
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Lojas Renner 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 981 Mil mean?
Lojas Renner (BSP:LREN3) has a Shares Outstanding (Basic Average) of 981 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Lojas Renner and its competitors.
Is Lojas Renner's Shares Outstanding (Basic Average) too high?
Lojas Renner's current Shares Outstanding (Basic Average) is 981 Mil. Overall, Lojas Renner has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lojas Renner's Shares Outstanding (Basic Average) compare to DDS and M?
Lojas Renner's Shares Outstanding (Basic Average) of 981 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Shares Outstanding (Basic Average) depends on the Retail - Cyclical 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 Lojas Renner and its competitors. Lojas Renner's current Shares Outstanding (Basic Average) is 981 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lojas Renner stock overvalued right now?
Based on GuruFocus' analysis, Lojas Renner (BSP:LREN3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$17.25, compared to a current price of R$14.52 — trading 15.8% below its estimated fair value. The current Shares Outstanding (Basic Average) is 981 Mil. Lojas Renner's overall GF Score™ is 92/100 with 1 warning sign to review. 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 Lojas Renner (BSP:LREN3), the current Shares Outstanding (Basic Average) is 981 Mil as of Mar. 2026. 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.

Is Lojas Renner (BSP:LREN3) Overvalued in 2026?

Based on GuruFocus' analysis, Lojas Renner stock appears to be undervalued. The current stock price of R$14.52 is trading 15.8% below its estimated GF Value™ of R$17.25. GuruFocus considers Lojas Renner to be Modestly Undervalued.

Key valuation signals for BSP:LREN3:

  • Shares Outstanding (Basic Average): 981 Mil
  • GF Value™: R$17.25 vs. price of R$14.52 (15.8% below fair value)
  • GF Score™: 92/100 with 1 warning sign

No single metric tells the full story. See the BSP:LREN3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lojas Renner Business Description

Address Avenida Joaquim Porto Villanova, 401 - B, Jardim do Salso, Porto Alegre, RS, BRA, 91410-400
Lojas Renner SA is an omnichannel fashion retailer in Brazil, bringing together the Renner, Camicado, Youcom, Realize, and Repassa brands in a fashion and lifestyle ecosystem that connects customers through digital channels and physical stores distributed across Brazil, Argentina, and Uruguay. It operates in two segments namely Retail engaged in trade of clothing, perfumery, cosmetics, watches and home & decoration, urban deliveries and logistics management solutions covering the operations of Renner, Camicado, Youcom, Repassa, Uello and operations in Uruguay and Argentina; and Financial products engaged in granting of individual and corporate loans, financing of purchases, insurance and the practice of receivables and payables inherent to credit, financing and investment companies.
92GF Score

Get the complete analysis for BSP:LREN3

Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$14.52
Price
R$17.25
GF Value