When a company such as TSRE splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.

Looking at the TSRE split history from start to finish, an original position size of 1000 shares would have turned into 1217 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into TSRE shares, starting with a $10,000 purchase of TSRE, presented on a split-history-adjusted basis factoring in the complete TSRE split history.

About TSRE

Trade Street Residential is primarily a self-administered and self-managed corporation focused on acquiring, owning, operating and managing garden-style and mid-rise apartment communities in mid-sized cities and suburban submarkets of larger cities primarily in the southeastern U.S. and Texas. As of Dec 31 2013, Co. owned and operated 15 apartment communities containing 3,455 apartment units in Alabama, Florida, Georgia, Kentucky, North Carolina, South Carolina, Tennessee and Texas. In addition, Co. owns four parcels of land that are zoned for multifamily development, as well as one parcel of undeveloped land. According to our TSRE split history records, TSRE has had 1 split.

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