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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/12/2024 |
$6.57 |
$6.58 |
$6.47 |
$6.50 |
505.50K | 04/15/2024 |
$6.54 |
$6.54 |
$6.38 |
$6.42 |
629.20K | 04/16/2024 |
$6.40 |
$6.41 |
$6.30 |
$6.34 |
552.20K | 04/17/2024 |
$6.38 |
$6.39 |
$6.15 |
$6.17 |
653.40K | 04/18/2024 |
$6.16 |
$6.23 |
$6.11 |
$6.14 |
629.50K |
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Summit Hotel Properties is a holding company. Through its subsidiaries, Co. is a self-managed hotel investment company. Substantially all of Co.'s assets are held by, and all of its operations are conducted through, its operating partnership, Summit Hotel OP, LP (the Operating Partnership). Through a wholly-owned subsidiary, Co. is the sole general partner of the Operating Partnership. Co. focuses on owning select-service hotels. Co.'s portfolio consists of hotels with guestrooms located in various states. All of Co.'s hotel guestrooms are operated under franchise brands owned by Marriott® International, Inc., Hilton® Worldwide, Hyatt® Hotels Corporation and InterContinental® Hotels Group. | |
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Summit Hotel Properties (INN) has the following price history information. Looking back at INN historical stock prices for the last five trading days, on April 12, 2024, INN opened at $6.57, traded as high as $6.58 and as low as $6.47, and closed at $6.50. Trading volume was a total of 505.50K shares. On April 15, 2024, INN opened at $6.54, traded as high as $6.54 and as low as $6.38, and closed at $6.42. Trading volume was a total of 629.20K shares. On April 16, 2024, INN opened at $6.40, traded as high as $6.41 and as low as $6.30, and closed at $6.34. Trading volume was a total of 552.20K shares. On April 17, 2024, INN opened at $6.38, traded as high as $6.39 and as low as $6.15, and closed at $6.17. Trading volume was a total of 653.40K shares. On April 18, 2024, INN opened at $6.16, traded as high as $6.23 and as low as $6.11, and closed at $6.14. Trading volume was a total of 629.50K shares.
INN Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Summit Hotel Properties shares, starting with a $10,000 purchase of INN, 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: |
04/18/2024 |
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Start price/share: |
$9.25 |
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End price/share: |
$6.14 |
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Starting shares: |
1,081.08 |
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Ending shares: |
1,427.67 |
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Dividends reinvested/share: |
$3.24 |
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Total return: |
-12.34% |
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Average Annual Total Return: |
-1.31% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$8,764.90 |
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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: |
04/18/2024 |
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Start price/share: |
$9.25 |
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End price/share: |
$6.14 |
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Dividends collected/share: |
$3.24 |
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Total return: |
1.36% |
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Average Annual Total Return: |
0.14% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$10,140.85 |
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Years: |
10.00 |
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Date |
Close |
04/12/2024 | $6.50 | 04/15/2024 | $6.42 | 04/16/2024 | $6.34 | 04/17/2024 | $6.17 | 04/18/2024 | $6.14 |
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