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Video: Compound Annual Growth Rate (CAGR) Definition
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 |
Date |
Open |
High |
Low |
Close |
Volume |
06/27/2022 |
$191.95 |
$191.95 |
$188.34 |
$190.23 |
56.20K | 06/28/2022 |
$191.18 |
$193.21 |
$190.06 |
$190.50 |
54.40K | 06/29/2022 |
$189.94 |
$192.94 |
$186.34 |
$187.26 |
81.10K | 06/30/2022 |
$186.57 |
$193.53 |
$186.57 |
$192.19 |
102.70K | 07/01/2022 |
$192.70 |
$195.95 |
$192.20 |
$195.18 |
70.90K |
 |
Erie Indemnity is an attorney-in-fact for the subscribers (policyholders) at the Erie Insurance Exchange (Exchange), a reciprocal insurer that writes property and casualty insurance. Co.'s main function as attorney-in-fact is to perform policy issuance and renewal services on behalf of the subscribers at the Exchange. Co. also acts as attorney-in-fact on behalf of the Exchange with respect to claims handling and investment management services, as well as the service provider for the claims handling, life insurance, and investment management services for its insurance subsidiaries. Co. provides policy issuance and renewal services related to the sales, underwriting and issuance of policies. | |
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Erie Indemnity (ERIE) has the following price history information. Looking back at ERIE historical stock prices for the last five trading days, on June 27, 2022, ERIE opened at $191.95, traded as high as $191.95 and as low as $188.34, and closed at $190.23. Trading volume was a total of 56.20K shares. On June 28, 2022, ERIE opened at $191.18, traded as high as $193.21 and as low as $190.06, and closed at $190.50. Trading volume was a total of 54.40K shares. On June 29, 2022, ERIE opened at $189.94, traded as high as $192.94 and as low as $186.34, and closed at $187.26. Trading volume was a total of 81.10K shares. On June 30, 2022, ERIE opened at $186.57, traded as high as $193.53 and as low as $186.57, and closed at $192.19. Trading volume was a total of 102.70K shares. On July 01, 2022, ERIE opened at $192.70, traded as high as $195.95 and as low as $192.20, and closed at $195.18. Trading volume was a total of 70.90K shares.
ERIE Historical Stock Prices By Date:

Below, we examine the compound annual growth rate — CAGR for short — of an investment into Erie Indemnity shares, starting with a $10,000 purchase of ERIE, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
|
Start date: |
07/03/2012 |
|
End date: |
07/01/2022 |
|
Start price/share: |
$72.06 |
|
End price/share: |
$195.18 |
|
Starting shares: |
138.77 |
|
Ending shares: |
189.04 |
|
Dividends reinvested/share: |
$35.97 |
|
Total return: |
268.97% |
|
Average Annual Total Return: |
13.95% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$36,909.94 |
|
Years: |
10.00 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
07/03/2012 |
|
End date: |
07/01/2022 |
|
Start price/share: |
$72.06 |
|
End price/share: |
$195.18 |
|
Dividends collected/share: |
$35.97 |
|
Total return: |
220.78% |
|
Average Annual Total Return: |
12.36% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$32,071.35 |
|
Years: |
10.00 |
|
|
 |
Date |
Close |
06/27/2022 | $190.23 | 06/28/2022 | $190.50 | 06/29/2022 | $187.26 | 06/30/2022 | $192.19 | 07/01/2022 | $195.18 |
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