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Video: Compound Annual Growth Rate (CAGR) Definition
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 |
Date |
Open |
High |
Low |
Close |
Volume |
06/27/2022 |
$18.15 |
$18.81 |
$18.06 |
$18.61 |
452.90K | 06/28/2022 |
$18.65 |
$19.28 |
$18.52 |
$18.57 |
174.90K | 06/29/2022 |
$18.57 |
$19.26 |
$18.43 |
$18.67 |
165.90K | 06/30/2022 |
$18.50 |
$18.60 |
$18.32 |
$18.50 |
142.20K | 07/01/2022 |
$18.51 |
$18.68 |
$18.32 |
$18.59 |
65.40K |
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Shore Bancshares is a financial holding company. Through its 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 originates secured and unsecured loans for business purposes. Commercial loans are secured by real estate, accounts receivable, inventory, equipment and/or other assets of the business. The Bank's commercial real estate loans are secured by land for residential and commercial development, agricultural purpose properties, service industry buildings such as restaurants and motels, and retail buildings. | |
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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 June 27, 2022, SHBI opened at $18.15, traded as high as $18.81 and as low as $18.06, and closed at $18.61. Trading volume was a total of 452.90K shares. On June 28, 2022, SHBI opened at $18.65, traded as high as $19.28 and as low as $18.52, and closed at $18.57. Trading volume was a total of 174.90K shares. On June 29, 2022, SHBI opened at $18.57, traded as high as $19.26 and as low as $18.43, and closed at $18.67. Trading volume was a total of 165.90K shares. On June 30, 2022, SHBI opened at $18.50, traded as high as $18.60 and as low as $18.32, and closed at $18.50. Trading volume was a total of 142.20K shares. On July 01, 2022, SHBI opened at $18.51, traded as high as $18.68 and as low as $18.32, and closed at $18.59. Trading volume was a total of 65.40K 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
|
Start date: |
07/03/2012 |
|
End date: |
07/01/2022 |
|
Start price/share: |
$5.53 |
|
End price/share: |
$18.59 |
|
Starting shares: |
1,808.32 |
|
Ending shares: |
2,113.92 |
|
Dividends reinvested/share: |
$2.34 |
|
Total return: |
292.98% |
|
Average Annual Total Return: |
14.67% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$39,309.55 |
|
Years: |
10.00 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
07/03/2012 |
|
End date: |
07/01/2022 |
|
Start price/share: |
$5.53 |
|
End price/share: |
$18.59 |
|
Dividends collected/share: |
$2.34 |
|
Total return: |
278.48% |
|
Average Annual Total Return: |
14.24% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$37,860.12 |
|
Years: |
10.00 |
|
|
 |
Date |
Close |
06/27/2022 | $18.61 | 06/28/2022 | $18.57 | 06/29/2022 | $18.67 | 06/30/2022 | $18.50 | 07/01/2022 | $18.59 |
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