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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/18/2024 |
$20.71 |
$21.13 |
$20.63 |
$20.78 |
1.43M | 04/19/2024 |
$20.80 |
$21.21 |
$20.79 |
$21.09 |
1.21M | 04/22/2024 |
$21.31 |
$21.70 |
$21.07 |
$21.32 |
2.26M | 04/23/2024 |
$21.45 |
$21.99 |
$21.34 |
$21.93 |
1.56M | 04/24/2024 |
$21.77 |
$22.21 |
$21.76 |
$22.10 |
2.05M |
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SLM is a holding company. Through its subsidiary, Co. originates and services loans to students and their families to finance the cost of education. Co. uses Private Education Loans to mean education loans to students or their families that are not made, insured or guaranteed by any state or federal government. Co. provides deposit products insured by the Federal Deposit Insurance Corporation. Co. provides loan products for specific graduate programs of study, which include the Sallie Mae Law School Loan, the Sallie Mae MBA Loan, the Sallie Mae Health Professions Graduate Loan, the Sallie Mae Medical School Loan, the Sallie Mae Dental School Loan, and the Sallie Mae Graduate School Loan. | |
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SLM (SLM) has the following price history information. Looking back at SLM historical stock prices for the last five trading days, on April 18, 2024, SLM opened at $20.71, traded as high as $21.13 and as low as $20.63, and closed at $20.78. Trading volume was a total of 1.43M shares. On April 19, 2024, SLM opened at $20.80, traded as high as $21.21 and as low as $20.79, and closed at $21.09. Trading volume was a total of 1.21M shares. On April 22, 2024, SLM opened at $21.31, traded as high as $21.70 and as low as $21.07, and closed at $21.32. Trading volume was a total of 2.26M shares. On April 23, 2024, SLM opened at $21.45, traded as high as $21.99 and as low as $21.34, and closed at $21.93. Trading volume was a total of 1.56M shares. On April 24, 2024, SLM opened at $21.77, traded as high as $22.21 and as low as $21.76, and closed at $22.10. Trading volume was a total of 2.05M shares.
SLM Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into SLM shares, starting with a $10,000 purchase of SLM, 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: |
$9.24 |
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End price/share: |
$22.10 |
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Starting shares: |
1,082.25 |
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Ending shares: |
1,192.39 |
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Dividends reinvested/share: |
$1.43 |
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Total return: |
163.52% |
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Average Annual Total Return: |
10.18% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$26,357.99 |
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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: |
04/28/2014 |
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End date: |
04/24/2024 |
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Start price/share: |
$9.24 |
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End price/share: |
$22.10 |
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Dividends collected/share: |
$1.43 |
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Total return: |
154.65% |
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Average Annual Total Return: |
9.80% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$25,463.15 |
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Years: |
10.00 |
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Date |
Close |
04/18/2024 | $20.78 | 04/19/2024 | $21.09 | 04/22/2024 | $21.32 | 04/23/2024 | $21.93 | 04/24/2024 | $22.10 |
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