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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/22/2024 |
$10.52 |
$10.65 |
$10.51 |
$10.58 |
76.50K | 04/23/2024 |
$10.66 |
$10.81 |
$10.64 |
$10.65 |
73.70K | 04/24/2024 |
$10.55 |
$10.79 |
$10.55 |
$10.67 |
90.40K | 04/25/2024 |
$10.51 |
$10.65 |
$10.42 |
$10.58 |
83.80K | 04/26/2024 |
$10.68 |
$10.68 |
$10.48 |
$10.53 |
49.80K |
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Shore Bancshares is a financial holding company. Through its wholly owned banking subsidiary, Shore United Bank, N.A. (the Bank), Co. provides consumer and commercial banking products and services, including secondary mortgage lending, trust, wealth management and financial planning services. The Bank is an independent community bank that serves businesses and individuals in their respective market areas. Services provided to businesses include commercial checking, savings, certificates of deposit and overnight investment sweep accounts. Merchant credit card clearing services are available as well as direct deposit of payroll, internet banking and telephone banking services. | |
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Shore Bancshares (SHBI) has the following price history information. Looking back at SHBI historical stock prices for the last five trading days, on April 22, 2024, SHBI opened at $10.52, traded as high as $10.65 and as low as $10.51, and closed at $10.58. Trading volume was a total of 76.50K shares. On April 23, 2024, SHBI opened at $10.66, traded as high as $10.81 and as low as $10.64, and closed at $10.65. Trading volume was a total of 73.70K shares. On April 24, 2024, SHBI opened at $10.55, traded as high as $10.79 and as low as $10.55, and closed at $10.67. Trading volume was a total of 90.40K shares. On April 25, 2024, SHBI opened at $10.51, traded as high as $10.65 and as low as $10.42, and closed at $10.58. Trading volume was a total of 83.80K shares. On April 26, 2024, SHBI opened at $10.68, traded as high as $10.68 and as low as $10.48, and closed at $10.53. Trading volume was a total of 49.80K shares.
SHBI Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Shore Bancshares shares, starting with a $10,000 purchase of SHBI, 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: |
04/29/2014 |
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End date: |
04/26/2024 |
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Start price/share: |
$9.49 |
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End price/share: |
$10.53 |
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Starting shares: |
1,053.74 |
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Ending shares: |
1,309.77 |
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Dividends reinvested/share: |
$3.18 |
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Total return: |
37.92% |
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Average Annual Total Return: |
3.27% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$13,795.64 |
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Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/29/2014 |
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End date: |
04/26/2024 |
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Start price/share: |
$9.49 |
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End price/share: |
$10.53 |
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Dividends collected/share: |
$3.18 |
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Total return: |
44.47% |
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Average Annual Total Return: |
3.75% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$14,450.44 |
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Years: |
10.00 |
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Date |
Close |
04/22/2024 | $10.58 | 04/23/2024 | $10.65 | 04/24/2024 | $10.67 | 04/25/2024 | $10.58 | 04/26/2024 | $10.53 |
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