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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/12/2024 |
$115.86 |
$116.64 |
$114.88 |
$115.00 |
126.50K | 04/15/2024 |
$115.22 |
$115.61 |
$112.94 |
$113.00 |
66.30K | 04/16/2024 |
$112.96 |
$112.96 |
$111.62 |
$112.05 |
217.30K | 04/17/2024 |
$112.84 |
$113.23 |
$111.47 |
$111.53 |
193.00K | 04/18/2024 |
$111.45 |
$112.32 |
$110.19 |
$110.67 |
197.50K |
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McGrath RentCorp is a business-to-business rental company with four rental divisions: relocatable modular buildings, portable storage containers, electronic test equipment, and liquid and solid containment tanks and boxes. Although Co.'s primary focus is on equipment rentals, sales of equipment occur in the normal course of business. Co. is comprised of four reportable business segments: its modular building and portable storage segment; its electronic test equipment segment; its containment solutions for the storage of hazardous and non-hazardous liquids and solids segment; and its classroom manufacturing business selling modular buildings used primarily as classrooms in California. | |
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McGrath RentCorp (MGRC) has the following price history information. Looking back at MGRC historical stock prices for the last five trading days, on April 12, 2024, MGRC opened at $115.86, traded as high as $116.64 and as low as $114.88, and closed at $115.00. Trading volume was a total of 126.50K shares. On April 15, 2024, MGRC opened at $115.22, traded as high as $115.61 and as low as $112.94, and closed at $113.00. Trading volume was a total of 66.30K shares. On April 16, 2024, MGRC opened at $112.96, traded as high as $112.96 and as low as $111.62, and closed at $112.05. Trading volume was a total of 217.30K shares. On April 17, 2024, MGRC opened at $112.84, traded as high as $113.23 and as low as $111.47, and closed at $111.53. Trading volume was a total of 193.00K shares. On April 18, 2024, MGRC opened at $111.45, traded as high as $112.32 and as low as $110.19, and closed at $110.67. Trading volume was a total of 197.50K shares.
MGRC Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into McGrath RentCorp shares, starting with a $10,000 purchase of MGRC, 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: |
$33.41 |
|
End price/share: |
$110.67 |
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Starting shares: |
299.31 |
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Ending shares: |
386.13 |
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Dividends reinvested/share: |
$13.76 |
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Total return: |
327.33% |
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Average Annual Total Return: |
15.64% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$42,747.23 |
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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: |
$33.41 |
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End price/share: |
$110.67 |
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Dividends collected/share: |
$13.76 |
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Total return: |
272.42% |
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Average Annual Total Return: |
14.06% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$37,254.36 |
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Years: |
10.00 |
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|
Date |
Close |
04/12/2024 | $115.00 | 04/15/2024 | $113.00 | 04/16/2024 | $112.05 | 04/17/2024 | $111.53 | 04/18/2024 | $110.67 |
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