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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/19/2024 |
$93.65 |
$95.15 |
$93.53 |
$94.23 |
161.20K | 04/22/2024 |
$95.00 |
$96.84 |
$94.11 |
$96.50 |
138.40K | 04/23/2024 |
$96.98 |
$98.90 |
$96.75 |
$98.63 |
119.00K | 04/24/2024 |
$98.50 |
$99.00 |
$97.83 |
$98.69 |
118.30K | 04/25/2024 |
$97.62 |
$98.19 |
$96.75 |
$97.88 |
91.10K |
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Innovative Industrial Properties is a holding company. Through its subsidiaries, Co. is a real estate investment trust (REIT) focused on the acquisition, ownership and management of industrial properties leased to state-licensed operators for their regulated state-licensed cannabis facilities. Co. leases its properties on a triple-net lease basis, where the tenant is responsible for all aspects of and costs related to the property and its operation during the lease term, including structural repairs, maintenance, taxes and insurance. Co. conducts its business through an umbrella partnership REIT, in which its properties are owned by its operating partnership, IIP Operating Partnership, LP. | |
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Innovative Industrial Properties (IIPR) has the following price history information. Looking back at IIPR historical stock prices for the last five trading days, on April 19, 2024, IIPR opened at $93.65, traded as high as $95.15 and as low as $93.53, and closed at $94.23. Trading volume was a total of 161.20K shares. On April 22, 2024, IIPR opened at $95.00, traded as high as $96.84 and as low as $94.11, and closed at $96.50. Trading volume was a total of 138.40K shares. On April 23, 2024, IIPR opened at $96.98, traded as high as $98.90 and as low as $96.75, and closed at $98.63. Trading volume was a total of 119.00K shares. On April 24, 2024, IIPR opened at $98.50, traded as high as $99.00 and as low as $97.83, and closed at $98.69. Trading volume was a total of 118.30K shares. On April 25, 2024, IIPR opened at $97.62, traded as high as $98.19 and as low as $96.75, and closed at $97.88. Trading volume was a total of 91.10K shares.
IIPR Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Innovative Industrial Properties shares, starting with a $10,000 purchase of IIPR, 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: |
12/02/2016 |
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End date: |
04/25/2024 |
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Start price/share: |
$18.45 |
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End price/share: |
$97.88 |
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Starting shares: |
542.01 |
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Ending shares: |
750.14 |
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Dividends reinvested/share: |
$30.91 |
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Total return: |
634.24% |
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Average Annual Total Return: |
30.93% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$73,412.36 |
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Years: |
7.40 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
12/02/2016 |
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End date: |
04/25/2024 |
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Start price/share: |
$18.45 |
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End price/share: |
$97.88 |
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Dividends collected/share: |
$30.91 |
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Total return: |
598.05% |
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Average Annual Total Return: |
30.04% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$69,800.25 |
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Years: |
7.40 |
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Date |
Close |
04/19/2024 | $94.23 | 04/22/2024 | $96.50 | 04/23/2024 | $98.63 | 04/24/2024 | $98.69 | 04/25/2024 | $97.88 |
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