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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/19/2024 |
$32.91 |
$33.65 |
$32.91 |
$33.55 |
70.60K | 04/22/2024 |
$33.55 |
$34.20 |
$33.33 |
$33.62 |
68.40K | 04/23/2024 |
$33.73 |
$35.41 |
$33.73 |
$34.86 |
95.40K | 04/24/2024 |
$35.00 |
$35.09 |
$33.81 |
$34.12 |
96.10K | 04/25/2024 |
$34.44 |
$35.02 |
$31.26 |
$31.73 |
193.70K |
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Insteel Industries is a holding company. Through its subsidiaries, Co. is a manufacturer of steel wire reinforcing products for concrete construction applications. Co. manufactures and markets prestressed concrete strand (PC strand) and welded wire reinforcement (WWR), including engineered structural mesh, concrete pipe reinforcement and standard welded wire reinforcement. PC strand is a seven-wire strand that is used to impart compression forces into precast concrete elements and structures, which may be either pretensioned or posttensioned. WWR is produced as either a standard or an engineered reinforcing product for use in nonresidential and residential construction. | |
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Insteel Industries (IIIN) has the following price history information. Looking back at IIIN historical stock prices for the last five trading days, on April 19, 2024, IIIN opened at $32.91, traded as high as $33.65 and as low as $32.91, and closed at $33.55. Trading volume was a total of 70.60K shares. On April 22, 2024, IIIN opened at $33.55, traded as high as $34.20 and as low as $33.33, and closed at $33.62. Trading volume was a total of 68.40K shares. On April 23, 2024, IIIN opened at $33.73, traded as high as $35.41 and as low as $33.73, and closed at $34.86. Trading volume was a total of 95.40K shares. On April 24, 2024, IIIN opened at $35.00, traded as high as $35.09 and as low as $33.81, and closed at $34.12. Trading volume was a total of 96.10K shares. On April 25, 2024, IIIN opened at $34.44, traded as high as $35.02 and as low as $31.26, and closed at $31.73. Trading volume was a total of 193.70K shares.
IIIN Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Insteel Industries shares, starting with a $10,000 purchase of IIIN, 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: |
04/29/2014 |
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End date: |
04/25/2024 |
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Start price/share: |
$20.51 |
|
End price/share: |
$31.73 |
|
Starting shares: |
487.57 |
|
Ending shares: |
734.57 |
|
Dividends reinvested/share: |
$12.45 |
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Total return: |
133.08% |
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Average Annual Total Return: |
8.83% |
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Starting investment: |
$10,000.00 |
|
Ending investment: |
$23,301.59 |
|
Years: |
10.00 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/29/2014 |
|
End date: |
04/25/2024 |
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Start price/share: |
$20.51 |
|
End price/share: |
$31.73 |
|
Dividends collected/share: |
$12.45 |
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Total return: |
115.41% |
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Average Annual Total Return: |
7.98% |
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Starting investment: |
$10,000.00 |
|
Ending investment: |
$21,544.77 |
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Years: |
10.00 |
|
|
|
Date |
Close |
04/19/2024 | $33.55 | 04/22/2024 | $33.62 | 04/23/2024 | $34.86 | 04/24/2024 | $34.12 | 04/25/2024 | $31.73 |
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