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 Video: Compound Annual Growth Rate (CAGR) Definition
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| Date |
Open |
High |
Low |
Close |
Volume |
| 04/11/2024 |
$12.35 |
$12.73 |
$12.17 |
$12.39 |
2.24M | | 04/12/2024 |
$12.26 |
$12.32 |
$12.06 |
$12.25 |
1.73M | | 04/15/2024 |
$12.31 |
$12.33 |
$11.62 |
$11.67 |
2.76M | | 04/16/2024 |
$11.56 |
$11.65 |
$11.32 |
$11.44 |
2.12M | | 04/17/2024 |
$11.52 |
$11.59 |
$11.37 |
$11.38 |
1.41M |
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| Rocket Companies is a holding company. Through its subsidiaries, Co. is a FinTech company consisting of tech-driven real estate, mortgage and financial service businesses. Co.'s business is organized into two segments, Direct to Consumer and Partner Network. Direct to Consumer consists of performance marketing and direct engagement through Co.'s Rocket Mortgage App, and Partner Network is its growing segment of partnerships with consumer-focused organizations, brokers and mortgage personnel who utilize its platform and scale to provide mortgage solutions to their clients. | |
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Rocket Companies Inc Class A (RKT) has the following price history information. Looking back at RKT historical stock prices for the last five trading days, on April 11, 2024, RKT opened at $12.35, traded as high as $12.73 and as low as $12.17, and closed at $12.39. Trading volume was a total of 2.24M shares. On April 12, 2024, RKT opened at $12.26, traded as high as $12.32 and as low as $12.06, and closed at $12.25. Trading volume was a total of 1.73M shares. On April 15, 2024, RKT opened at $12.31, traded as high as $12.33 and as low as $11.62, and closed at $11.67. Trading volume was a total of 2.76M shares. On April 16, 2024, RKT opened at $11.56, traded as high as $11.65 and as low as $11.32, and closed at $11.44. Trading volume was a total of 2.12M shares. On April 17, 2024, RKT opened at $11.52, traded as high as $11.59 and as low as $11.37, and closed at $11.38. Trading volume was a total of 1.41M shares.
RKT Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Rocket Companies Inc Class A shares, starting with a $10,000 purchase of RKT, 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: |
08/07/2020 |
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| End date: |
04/17/2024 |
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| Start price/share: |
$24.90 |
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| End price/share: |
$11.38 |
|
| Starting shares: |
401.61 |
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| Ending shares: |
454.11 |
|
| Dividends reinvested/share: |
$2.12 |
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| Total return: |
-48.32% |
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| Average Annual Total Return: |
-16.36% |
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| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$5,167.15 |
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| Years: |
3.70 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
08/07/2020 |
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| End date: |
04/17/2024 |
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| Start price/share: |
$24.90 |
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| End price/share: |
$11.38 |
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| Dividends collected/share: |
$2.12 |
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| Total return: |
-45.78% |
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| Average Annual Total Return: |
-15.26% |
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| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$5,422.79 |
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| Years: |
3.70 |
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| Date |
Close |
| 04/11/2024 | $12.39 | | 04/12/2024 | $12.25 | | 04/15/2024 | $11.67 | | 04/16/2024 | $11.44 | | 04/17/2024 | $11.38 |
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