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 Video: Compound Annual Growth Rate (CAGR) Definition
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| Date |
Open |
High |
Low |
Close |
Volume |
| 04/18/2024 |
$8.48 |
$8.56 |
$8.42 |
$8.47 |
1.07M | | 04/19/2024 |
$8.44 |
$8.64 |
$8.44 |
$8.62 |
1.01M | | 04/22/2024 |
$8.69 |
$8.76 |
$8.60 |
$8.71 |
782.70K | | 04/23/2024 |
$8.68 |
$8.92 |
$8.68 |
$8.87 |
1.07M | | 04/24/2024 |
$8.80 |
$8.84 |
$8.70 |
$8.82 |
1.07M |
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| Ready Capital is a real estate finance company that originates, acquires, finances, and services small to medium balance commercial (SBC) loans, Small Business Administration loans, residential mortgage loans, construction loans, and mortgage-backed securities collateralized by SBC loans, or other real estate-related investments. Co.'s segments are: SBC Lending and Acquisitions, which originates SBC loans across the life-cycle of an SBC property including construction, bridge, stabilized and agency loan origination channels; Small Business Lending, which acquires, originates and services owner-occupied loans; and Residential Mortgage Banking, which originates residential mortgage loans. | |
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Ready Capital (RC) has the following price history information. Looking back at RC historical stock prices for the last five trading days, on April 18, 2024, RC opened at $8.48, traded as high as $8.56 and as low as $8.42, and closed at $8.47. Trading volume was a total of 1.07M shares. On April 19, 2024, RC opened at $8.44, traded as high as $8.64 and as low as $8.44, and closed at $8.62. Trading volume was a total of 1.01M shares. On April 22, 2024, RC opened at $8.69, traded as high as $8.76 and as low as $8.60, and closed at $8.71. Trading volume was a total of 782.70K shares. On April 23, 2024, RC opened at $8.68, traded as high as $8.92 and as low as $8.68, and closed at $8.87. Trading volume was a total of 1.07M shares. On April 24, 2024, RC opened at $8.80, traded as high as $8.84 and as low as $8.70, and closed at $8.82. Trading volume was a total of 1.07M shares.
RC Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Ready Capital shares, starting with a $10,000 purchase of RC, 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: |
04/28/2014 |
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| End date: |
04/24/2024 |
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| Start price/share: |
$16.37 |
|
| End price/share: |
$8.82 |
|
| Starting shares: |
610.87 |
|
| Ending shares: |
1,868.46 |
|
| Dividends reinvested/share: |
$15.01 |
|
| Total return: |
64.80% |
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| Average Annual Total Return: |
5.12% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$16,473.81 |
|
| Years: |
10.00 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/28/2014 |
|
| End date: |
04/24/2024 |
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| Start price/share: |
$16.37 |
|
| End price/share: |
$8.82 |
|
| Dividends collected/share: |
$15.01 |
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| Total return: |
45.57% |
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| Average Annual Total Return: |
3.83% |
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| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$14,560.75 |
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| Years: |
10.00 |
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|
| Date |
Close |
| 04/18/2024 | $8.47 | | 04/19/2024 | $8.62 | | 04/22/2024 | $8.71 | | 04/23/2024 | $8.87 | | 04/24/2024 | $8.82 |
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