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Video: Compound Annual Growth Rate (CAGR) Definition
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 |
Date |
Open |
High |
Low |
Close |
Volume |
09/25/2023 |
$200.37 |
$201.57 |
$199.18 |
$201.33 |
621.00K | 09/26/2023 |
$198.53 |
$200.44 |
$198.01 |
$200.10 |
714.70K | 09/27/2023 |
$199.74 |
$200.76 |
$192.88 |
$196.06 |
1.19M | 09/28/2023 |
$196.09 |
$199.61 |
$195.98 |
$198.46 |
1.14M | 09/29/2023 |
$202.51 |
$202.88 |
$199.13 |
$200.17 |
918.50K |
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SBA Communications is a holding company. Through its subsidiaries, Co. owns and operates wireless communications infrastructure, including tower structures, rooftops, and other structures used for wireless communications, which it collectively refers to as towers or sites. Co.'s main business line is its site leasing business, in which it leases antenna space to wireless service providers on towers that it owns or operates and manages rooftop and tower sites for property owners under various contractual arrangements. Co.'s other business line is its site development business, through which it helps wireless service providers in developing and maintaining their own wireless service networks. | |
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SBA Communications (SBAC) has the following price history information. Looking back at SBAC historical stock prices for the last five trading days, on September 25, 2023, SBAC opened at $200.37, traded as high as $201.57 and as low as $199.18, and closed at $201.33. Trading volume was a total of 621.00K shares. On September 26, 2023, SBAC opened at $198.53, traded as high as $200.44 and as low as $198.01, and closed at $200.10. Trading volume was a total of 714.70K shares. On September 27, 2023, SBAC opened at $199.74, traded as high as $200.76 and as low as $192.88, and closed at $196.06. Trading volume was a total of 1.19M shares. On September 28, 2023, SBAC opened at $196.09, traded as high as $199.61 and as low as $195.98, and closed at $198.46. Trading volume was a total of 1.14M shares. On September 29, 2023, SBAC opened at $202.51, traded as high as $202.88 and as low as $199.13, and closed at $200.17. Trading volume was a total of 918.50K shares.
SBAC Historical Stock Prices By Date:

Below, we examine the compound annual growth rate — CAGR for short — of an investment into SBA Communications shares, starting with a $10,000 purchase of SBAC, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
|
Start date: |
10/02/2013 |
|
End date: |
09/29/2023 |
|
Start price/share: |
$78.72 |
|
End price/share: |
$200.17 |
|
Starting shares: |
127.03 |
|
Ending shares: |
131.83 |
|
Dividends reinvested/share: |
$10.31 |
|
Total return: |
163.89% |
|
Average Annual Total Return: |
10.19% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$26,381.92 |
|
Years: |
10.00 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
10/02/2013 |
|
End date: |
09/29/2023 |
|
Start price/share: |
$78.72 |
|
End price/share: |
$200.17 |
|
Dividends collected/share: |
$10.31 |
|
Total return: |
167.38% |
|
Average Annual Total Return: |
10.34% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$26,743.16 |
|
Years: |
10.00 |
|
|
 |
Date |
Close |
09/25/2023 | $201.33 | 09/26/2023 | $200.10 | 09/27/2023 | $196.06 | 09/28/2023 | $198.46 | 09/29/2023 | $200.17 |
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