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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
03/21/2024 |
$63.94 |
$64.71 |
$63.32 |
$64.25 |
82.60K | 03/22/2024 |
$64.54 |
$64.54 |
$63.03 |
$63.22 |
65.00K | 03/25/2024 |
$63.51 |
$64.59 |
$63.51 |
$63.67 |
81.60K | 03/26/2024 |
$63.96 |
$63.96 |
$62.63 |
$62.78 |
106.30K | 03/27/2024 |
$63.33 |
$65.36 |
$63.33 |
$65.36 |
79.40K |
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Lakeland Financial is a bank holding company. Through its subsidiary, Lake City Bank, Co. provides various financial products and services throughout its Northern and Central Indiana markets. Co. provides commercial, retail, trust and investment services to its customers. Commercial products include commercial loans and solutions to meet commercial customers' treasury management needs such as internet business banking and on-line treasury management services. Retail banking clients are provided various retail banking services, including lending, deposit and investment services. Retail lending programs are focused on mortgage loans, home equity lines of credit and retail installment loans. | |
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Lakeland Financial (LKFN) has the following price history information. Looking back at LKFN historical stock prices for the last five trading days, on March 21, 2024, LKFN opened at $63.94, traded as high as $64.71 and as low as $63.32, and closed at $64.25. Trading volume was a total of 82.60K shares. On March 22, 2024, LKFN opened at $64.54, traded as high as $64.54 and as low as $63.03, and closed at $63.22. Trading volume was a total of 65.00K shares. On March 25, 2024, LKFN opened at $63.51, traded as high as $64.59 and as low as $63.51, and closed at $63.67. Trading volume was a total of 81.60K shares. On March 26, 2024, LKFN opened at $63.96, traded as high as $63.96 and as low as $62.63, and closed at $62.78. Trading volume was a total of 106.30K shares. On March 27, 2024, LKFN opened at $63.33, traded as high as $65.36 and as low as $63.33, and closed at $65.36. Trading volume was a total of 79.40K shares.
LKFN Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Lakeland Financial shares, starting with a $10,000 purchase of LKFN, 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: |
03/31/2014 |
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End date: |
03/27/2024 |
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Start price/share: |
$26.81 |
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End price/share: |
$65.36 |
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Starting shares: |
373.00 |
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Ending shares: |
472.85 |
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Dividends reinvested/share: |
$11.27 |
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Total return: |
209.06% |
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Average Annual Total Return: |
11.95% |
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Starting investment: |
$10,000.00 |
|
Ending investment: |
$30,910.55 |
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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: |
03/31/2014 |
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End date: |
03/27/2024 |
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Start price/share: |
$26.81 |
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End price/share: |
$65.36 |
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Dividends collected/share: |
$11.27 |
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Total return: |
185.81% |
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Average Annual Total Return: |
11.08% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$28,591.29 |
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Years: |
10.00 |
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|
Date |
Close |
03/21/2024 | $64.25 | 03/22/2024 | $63.22 | 03/25/2024 | $63.67 | 03/26/2024 | $62.78 | 03/27/2024 | $65.36 |
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