|
Video: Compound Annual Growth Rate (CAGR) Definition
|
|
Date |
Open |
High |
Low |
Close |
Volume |
04/19/2024 |
$7.82 |
$7.90 |
$7.70 |
$7.79 |
31.70K | 04/22/2024 |
$7.75 |
$7.92 |
$7.62 |
$7.63 |
330.90K | 04/23/2024 |
$7.70 |
$8.22 |
$7.70 |
$8.16 |
108.40K | 04/24/2024 |
$8.10 |
$8.32 |
$8.03 |
$8.28 |
48.30K | 04/25/2024 |
$8.12 |
$8.12 |
$7.82 |
$8.02 |
51.10K |
|
Medallion Financial is a financial institution holding company. Through its subsidiaries, Co. provides loans to individuals and small to mid-size businesses under four operating segments: Recreation Lending, which focuses on originating prime and non-prime recreation loans; Home Improvement Lending, which provides customer financing for window, siding, and roof replacement, swimming pool, and other home improvement projects; Commercial Lending, which originates both senior and subordinated loans; and Medallion Lending, which includes medallion loans markets in New York City, Newark, Chicago and other market in cities across the U.S., specifically Boston and Cambridge. | |
|
Medallion Financial (MFIN) has the following price history information. Looking back at MFIN historical stock prices for the last five trading days, on April 19, 2024, MFIN opened at $7.82, traded as high as $7.90 and as low as $7.70, and closed at $7.79. Trading volume was a total of 31.70K shares. On April 22, 2024, MFIN opened at $7.75, traded as high as $7.92 and as low as $7.62, and closed at $7.63. Trading volume was a total of 330.90K shares. On April 23, 2024, MFIN opened at $7.70, traded as high as $8.22 and as low as $7.70, and closed at $8.16. Trading volume was a total of 108.40K shares. On April 24, 2024, MFIN opened at $8.10, traded as high as $8.32 and as low as $8.03, and closed at $8.28. Trading volume was a total of 48.30K shares. On April 25, 2024, MFIN opened at $8.12, traded as high as $8.12 and as low as $7.82, and closed at $8.02. Trading volume was a total of 51.10K shares.
MFIN Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Medallion Financial shares, starting with a $10,000 purchase of MFIN, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
|
Start date: |
04/29/2014 |
|
End date: |
04/25/2024 |
|
Start price/share: |
$13.50 |
|
End price/share: |
$8.02 |
|
Starting shares: |
740.74 |
|
Ending shares: |
1,043.45 |
|
Dividends reinvested/share: |
$3.07 |
|
Total return: |
-16.32% |
|
Average Annual Total Return: |
-1.77% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$8,364.94 |
|
Years: |
10.00 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
04/29/2014 |
|
End date: |
04/25/2024 |
|
Start price/share: |
$13.50 |
|
End price/share: |
$8.02 |
|
Dividends collected/share: |
$3.07 |
|
Total return: |
-17.85% |
|
Average Annual Total Return: |
-1.95% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$8,212.95 |
|
Years: |
10.00 |
|
|
|
Date |
Close |
04/19/2024 | $7.79 | 04/22/2024 | $7.63 | 04/23/2024 | $8.16 | 04/24/2024 | $8.28 | 04/25/2024 | $8.02 |
|
|