|
Video: Compound Annual Growth Rate (CAGR) Definition
|
|
Date |
Open |
High |
Low |
Close |
Volume |
03/21/2024 |
$25.46 |
$25.70 |
$25.10 |
$25.70 |
16.50K | 03/22/2024 |
$25.50 |
$25.50 |
$24.70 |
$24.83 |
15.00K | 03/25/2024 |
$24.83 |
$25.23 |
$24.83 |
$25.00 |
20.40K | 03/26/2024 |
$24.85 |
$25.50 |
$24.85 |
$25.07 |
15.00K | 03/27/2024 |
$25.24 |
$25.87 |
$25.05 |
$25.87 |
36.00K |
|
Enterprise Bancorp is a bank holding company. Substantially all of Co.'s operations are conducted through its subsidiary, Enterprise Bank and Trust Company (the Bank) and its subsidiaries. Co. principally is engaged in the business of gathering deposits from the general public and investing mainly in commercial loans and investment securities and utilizing the resulting cash flows to conduct operations, expand service and product offerings, expand the branch network, and pay dividends to stockholders. Through the Bank and its subsidiaries, Co. provides a range of commercial, residential and consumer loan products, deposit products and cash management services, commercial insurance services. | |
|
Enterprise Bancorp (EBTC) has the following price history information. Looking back at EBTC historical stock prices for the last five trading days, on March 21, 2024, EBTC opened at $25.46, traded as high as $25.70 and as low as $25.10, and closed at $25.70. Trading volume was a total of 16.50K shares. On March 22, 2024, EBTC opened at $25.50, traded as high as $25.50 and as low as $24.70, and closed at $24.83. Trading volume was a total of 15.00K shares. On March 25, 2024, EBTC opened at $24.83, traded as high as $25.23 and as low as $24.83, and closed at $25.00. Trading volume was a total of 20.40K shares. On March 26, 2024, EBTC opened at $24.85, traded as high as $25.50 and as low as $24.85, and closed at $25.07. Trading volume was a total of 15.00K shares. On March 27, 2024, EBTC opened at $25.24, traded as high as $25.87 and as low as $25.05, and closed at $25.87. Trading volume was a total of 36.00K shares.
EBTC Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Enterprise Bancorp shares, starting with a $10,000 purchase of EBTC, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
|
Start date: |
03/31/2014 |
|
End date: |
03/27/2024 |
|
Start price/share: |
$20.34 |
|
End price/share: |
$25.87 |
|
Starting shares: |
491.64 |
|
Ending shares: |
619.21 |
|
Dividends reinvested/share: |
$6.56 |
|
Total return: |
60.19% |
|
Average Annual Total Return: |
4.83% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$16,025.06 |
|
Years: |
10.00 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
03/31/2014 |
|
End date: |
03/27/2024 |
|
Start price/share: |
$20.34 |
|
End price/share: |
$25.87 |
|
Dividends collected/share: |
$6.56 |
|
Total return: |
59.44% |
|
Average Annual Total Return: |
4.78% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$15,948.81 |
|
Years: |
10.00 |
|
|
|
Date |
Close |
03/21/2024 | $25.70 | 03/22/2024 | $24.83 | 03/25/2024 | $25.00 | 03/26/2024 | $25.07 | 03/27/2024 | $25.87 |
|
|