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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
12/05/2024 |
$75.21 |
$75.64 |
$73.97 |
$73.97 |
71.20K | 12/06/2024 |
$74.85 |
$75.35 |
$73.41 |
$73.83 |
76.60K | 12/09/2024 |
$74.38 |
$74.38 |
$72.90 |
$73.02 |
76.60K | 12/10/2024 |
$73.33 |
$74.67 |
$72.19 |
$73.63 |
88.60K | 12/11/2024 |
$74.43 |
$75.13 |
$73.38 |
$74.02 |
90.90K |
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Lakeland Financial Corporation is a bank holding company, which provides, through its subsidiary Lake City Bank (the Bank), a range of financial products and services throughout its Northern and Central Indiana markets. It offers commercial and consumer banking services, and trust and wealth management, brokerage, and treasury management commercial services. It serves a diverse customer base, including commercial customers across a wide variety of industries, including commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and health care. | |
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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 December 05, 2024, LKFN opened at $75.21, traded as high as $75.64 and as low as $73.97, and closed at $73.97. Trading volume was a total of 71.20K shares. On December 06, 2024, LKFN opened at $74.85, traded as high as $75.35 and as low as $73.41, and closed at $73.83. Trading volume was a total of 76.60K shares. On December 09, 2024, LKFN opened at $74.38, traded as high as $74.38 and as low as $72.90, and closed at $73.02. Trading volume was a total of 76.60K shares. On December 10, 2024, LKFN opened at $73.33, traded as high as $74.67 and as low as $72.19, and closed at $73.63. Trading volume was a total of 88.60K shares. On December 11, 2024, LKFN opened at $74.43, traded as high as $75.13 and as low as $73.38, and closed at $74.02. Trading volume was a total of 90.90K 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: |
12/15/2014 |
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End date: |
12/11/2024 |
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Start price/share: |
$27.38 |
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End price/share: |
$74.02 |
|
Starting shares: |
365.23 |
|
Ending shares: |
465.38 |
|
Dividends reinvested/share: |
$12.29 |
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Total return: |
244.47% |
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Average Annual Total Return: |
13.17% |
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Starting investment: |
$10,000.00 |
|
Ending investment: |
$34,448.15 |
|
Years: |
10.00 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
12/15/2014 |
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End date: |
12/11/2024 |
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Start price/share: |
$27.38 |
|
End price/share: |
$74.02 |
|
Dividends collected/share: |
$12.29 |
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Total return: |
215.22% |
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Average Annual Total Return: |
12.17% |
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Starting investment: |
$10,000.00 |
|
Ending investment: |
$31,523.22 |
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Years: |
10.00 |
|
|
|
Date |
Close |
12/05/2024 | $73.97 | 12/06/2024 | $73.83 | 12/09/2024 | $73.02 | 12/10/2024 | $73.63 | 12/11/2024 | $74.02 |
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