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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 |
 |
| 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
|
| Start date: |
05/11/2016 |
|
| End date: |
08/02/2024 |
|
| Start price/share: |
$33.06 |
|
| End price/share: |
$41.77 |
|
| Starting shares: |
302.48 |
|
| Ending shares: |
383.12 |
|
| Dividends reinvested/share: |
$10.20 |
|
| Total return: |
60.03% |
|
| Average Annual Total Return: |
5.88% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$16,006.27 |
|
| Years: |
8.23 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
05/11/2016 |
|
| End date: |
08/02/2024 |
|
| Start price/share: |
$33.06 |
|
| End price/share: |
$41.77 |
|
| Dividends collected/share: |
$10.20 |
|
| Total return: |
57.21% |
|
| Average Annual Total Return: |
5.65% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$15,722.25 |
|
| Years: |
8.23 |
|
|
 |
| 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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