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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
03/22/2024 |
$16.20 |
$16.38 |
$15.76 |
$15.76 |
269.50K | 03/25/2024 |
$15.78 |
$15.84 |
$15.45 |
$15.53 |
253.40K | 03/26/2024 |
$15.60 |
$15.69 |
$15.37 |
$15.44 |
207.90K | 03/27/2024 |
$15.47 |
$16.10 |
$15.47 |
$16.10 |
246.80K | 03/28/2024 |
$16.14 |
$16.48 |
$15.99 |
$16.41 |
434.80K |
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OceanFirst Financial is a bank holding company. Through its subsidiary, OceanFirst Bank N.A. (the Bank), Co. accepts retail and commercial deposits and invests those deposits primarily in loans, consisting of commercial real estate and other commercial loans and single-family, owner-occupied residential mortgage loans. The Bank also invests in other types of loans, including residential construction and consumer loans. In addition, the Bank invests in mortgage-backed securities, securities issued by the U.S. Government and agencies thereof, corporate securities and other investments permitted by applicable law and regulations. | |
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OceanFirst Financial (OCFC) has the following price history information. Looking back at OCFC historical stock prices for the last five trading days, on March 22, 2024, OCFC opened at $16.20, traded as high as $16.38 and as low as $15.76, and closed at $15.76. Trading volume was a total of 269.50K shares. On March 25, 2024, OCFC opened at $15.78, traded as high as $15.84 and as low as $15.45, and closed at $15.53. Trading volume was a total of 253.40K shares. On March 26, 2024, OCFC opened at $15.60, traded as high as $15.69 and as low as $15.37, and closed at $15.44. Trading volume was a total of 207.90K shares. On March 27, 2024, OCFC opened at $15.47, traded as high as $16.10 and as low as $15.47, and closed at $16.10. Trading volume was a total of 246.80K shares. On March 28, 2024, OCFC opened at $16.14, traded as high as $16.48 and as low as $15.99, and closed at $16.41. Trading volume was a total of 434.80K shares.
OCFC Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into OceanFirst Financial shares, starting with a $10,000 purchase of OCFC, 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: |
04/01/2014 |
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End date: |
03/28/2024 |
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Start price/share: |
$18.32 |
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End price/share: |
$16.41 |
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Starting shares: |
545.85 |
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Ending shares: |
752.12 |
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Dividends reinvested/share: |
$6.43 |
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Total return: |
23.42% |
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Average Annual Total Return: |
2.13% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$12,345.49 |
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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: |
04/01/2014 |
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End date: |
03/28/2024 |
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Start price/share: |
$18.32 |
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End price/share: |
$16.41 |
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Dividends collected/share: |
$6.43 |
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Total return: |
24.67% |
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Average Annual Total Return: |
2.23% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$12,466.87 |
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Years: |
10.00 |
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Date |
Close |
03/22/2024 | $15.76 | 03/25/2024 | $15.53 | 03/26/2024 | $15.44 | 03/27/2024 | $16.10 | 03/28/2024 | $16.41 |
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