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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/15/2024 |
$384.96 |
$385.71 |
$378.35 |
$378.87 |
41.40K | 04/16/2024 |
$378.13 |
$383.28 |
$377.06 |
$380.97 |
55.80K | 04/17/2024 |
$382.75 |
$382.75 |
$375.66 |
$378.19 |
64.60K | 04/18/2024 |
$380.35 |
$383.87 |
$376.79 |
$380.46 |
38.90K | 04/19/2024 |
$381.28 |
$385.57 |
$380.16 |
$381.56 |
49.80K |
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Erie Indemnity is a holding company. Through its subsidiaries, Co. serves as an attorney-in-fact for the subscribers at its subsidiary, Erie Insurance Exchange (Exchange). The Exchange is a reciprocal insurer that writes property and casualty insurance. Co.'s primary 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 various claims handling and investment management services, as well as the service provider for claims handling, life insurance, and investment management services for its insurance subsidiaries. | |
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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 April 15, 2024, ERIE opened at $384.96, traded as high as $385.71 and as low as $378.35, and closed at $378.87. Trading volume was a total of 41.40K shares. On April 16, 2024, ERIE opened at $378.13, traded as high as $383.28 and as low as $377.06, and closed at $380.97. Trading volume was a total of 55.80K shares. On April 17, 2024, ERIE opened at $382.75, traded as high as $382.75 and as low as $375.66, and closed at $378.19. Trading volume was a total of 64.60K shares. On April 18, 2024, ERIE opened at $380.35, traded as high as $383.87 and as low as $376.79, and closed at $380.46. Trading volume was a total of 38.90K shares. On April 19, 2024, ERIE opened at $381.28, traded as high as $385.57 and as low as $380.16, and closed at $381.56. Trading volume was a total of 49.80K 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
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Start date: |
04/22/2014 |
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End date: |
04/19/2024 |
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Start price/share: |
$71.13 |
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End price/share: |
$381.56 |
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Starting shares: |
140.59 |
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Ending shares: |
180.83 |
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Dividends reinvested/share: |
$38.76 |
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Total return: |
589.98% |
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Average Annual Total Return: |
21.31% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$69,018.58 |
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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: |
04/22/2014 |
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End date: |
04/19/2024 |
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Start price/share: |
$71.13 |
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End price/share: |
$381.56 |
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Dividends collected/share: |
$38.76 |
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Total return: |
490.91% |
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Average Annual Total Return: |
19.44% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$59,087.82 |
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Years: |
10.00 |
|
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|
Date |
Close |
04/15/2024 | $378.87 | 04/16/2024 | $380.97 | 04/17/2024 | $378.19 | 04/18/2024 | $380.46 | 04/19/2024 | $381.56 |
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