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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
07/29/2024 |
$40.89 |
$41.41 |
$40.74 |
$41.03 |
989.30K | 07/30/2024 |
$41.03 |
$41.67 |
$40.87 |
$41.66 |
1.03M | 07/31/2024 |
$42.00 |
$42.20 |
$41.53 |
$41.58 |
841.60K | 08/01/2024 |
$41.86 |
$42.31 |
$41.49 |
$42.21 |
667.60K | 08/02/2024 |
$42.00 |
$42.25 |
$41.30 |
$41.77 |
512.40K |
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PNM Resources is a holding company. Through its regulated utilities, Co. provides electricity and electric services in New Mexico and Texas. Co.'s electric utilities are Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP). PNM is an electric utility that provides electric generation, transmission, and distribution service to its rate-regulated customers in area of north central New Mexico, including the cities of Albuquerque, Rio Rancho, and Santa Fe, and certain areas of southern New Mexico. TNMP is a regulated utility that provides transmission and distribution services in Texas under the provisions of TECA and the Texas Public Utility Regulatory Act. | |
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PNM (PNM) has the following price history information. Looking back at PNM historical stock prices for the last five trading days, on July 29, 2024, PNM opened at $40.89, traded as high as $41.41 and as low as $40.74, and closed at $41.03. Trading volume was a total of 989.30K shares. On July 30, 2024, PNM opened at $41.03, traded as high as $41.67 and as low as $40.87, and closed at $41.66. Trading volume was a total of 1.03M shares. On July 31, 2024, PNM opened at $42.00, traded as high as $42.20 and as low as $41.53, and closed at $41.58. Trading volume was a total of 841.60K shares. On August 01, 2024, PNM opened at $41.86, traded as high as $42.31 and as low as $41.49, and closed at $42.21. Trading volume was a total of 667.60K shares. On August 02, 2024, PNM opened at $42.00, traded as high as $42.25 and as low as $41.30, and closed at $41.77. Trading volume was a total of 512.40K shares.
PNM Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into PNM shares, starting with a $10,000 purchase of PNM, 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: |
09/12/2014 |
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End date: |
08/02/2024 |
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Start price/share: |
$26.08 |
|
End price/share: |
$41.77 |
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Starting shares: |
383.44 |
|
Ending shares: |
510.14 |
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Dividends reinvested/share: |
$11.63 |
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Total return: |
113.09% |
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Average Annual Total Return: |
7.94% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$21,299.51 |
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Years: |
9.90 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
09/12/2014 |
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End date: |
08/02/2024 |
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Start price/share: |
$26.08 |
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End price/share: |
$41.77 |
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Dividends collected/share: |
$11.63 |
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Total return: |
104.75% |
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Average Annual Total Return: |
7.51% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$20,474.56 |
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Years: |
9.90 |
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|
Date |
Close |
07/29/2024 | $41.03 | 07/30/2024 | $41.66 | 07/31/2024 | $41.58 | 08/01/2024 | $42.21 | 08/02/2024 | $41.77 |
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