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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/16/2024 |
$9.24 |
$9.24 |
$8.99 |
$8.99 |
3.22M | 04/17/2024 |
$9.03 |
$9.07 |
$8.74 |
$8.78 |
5.04M | 04/18/2024 |
$8.80 |
$8.91 |
$8.70 |
$8.78 |
2.50M | 04/19/2024 |
$8.76 |
$8.89 |
$8.73 |
$8.83 |
1.99M | 04/22/2024 |
$8.88 |
$8.96 |
$8.82 |
$8.95 |
1.89M |
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DiamondRock Hospitality is a lodging-focused real estate investment (REIT) company that owns a portfolio of hotels and resort. Co.'s hotels are operated under a brand owned by one of the lodging brand companies (Marriott International, Inc., or Hilton Worldwide). Co. conducts its business through an umbrella partnership REIT, in which its hotel properties are owned by its operating partnership, DiamondRock Hospitality Limited Partnership, or subsidiaries of its operating partnership. Co. is the sole general partner of its operating partnership and owns, either directly or indirectly, all of the limited partnership units of its operating partnership. | |
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DiamondRock Hospitality (DRH) has the following price history information. Looking back at DRH historical stock prices for the last five trading days, on April 16, 2024, DRH opened at $9.24, traded as high as $9.24 and as low as $8.99, and closed at $8.99. Trading volume was a total of 3.22M shares. On April 17, 2024, DRH opened at $9.03, traded as high as $9.07 and as low as $8.74, and closed at $8.78. Trading volume was a total of 5.04M shares. On April 18, 2024, DRH opened at $8.80, traded as high as $8.91 and as low as $8.70, and closed at $8.78. Trading volume was a total of 2.50M shares. On April 19, 2024, DRH opened at $8.76, traded as high as $8.89 and as low as $8.73, and closed at $8.83. Trading volume was a total of 1.99M shares. On April 22, 2024, DRH opened at $8.88, traded as high as $8.96 and as low as $8.82, and closed at $8.95. Trading volume was a total of 1.89M shares.
DRH Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into DiamondRock Hospitality shares, starting with a $10,000 purchase of DRH, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
04/24/2014 |
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End date: |
04/22/2024 |
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Start price/share: |
$12.24 |
|
End price/share: |
$8.95 |
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Starting shares: |
816.99 |
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Ending shares: |
1,084.51 |
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Dividends reinvested/share: |
$3.05 |
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Total return: |
-2.94% |
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Average Annual Total Return: |
-0.30% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$9,703.94 |
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Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/24/2014 |
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End date: |
04/22/2024 |
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Start price/share: |
$12.24 |
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End price/share: |
$8.95 |
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Dividends collected/share: |
$3.05 |
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Total return: |
-1.98% |
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Average Annual Total Return: |
-0.20% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$9,801.74 |
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Years: |
10.00 |
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|
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Date |
Close |
04/16/2024 | $8.99 | 04/17/2024 | $8.78 | 04/18/2024 | $8.78 | 04/19/2024 | $8.83 | 04/22/2024 | $8.95 |
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