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 Video: What is a Stock Split?
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| FirstCash Holdings, Inc. is an operator of pawn stores in the U.S. and Latin America. It is a provider of technology-driven, retail point-of-sale (POS) payment solutions focused on serving cash and credit-constrained consumers in the U.S. and Puerto Rico. It operates two business lines: pawn operations and retail POS payment solutions, which are organized into three reportable segments. The U.S. pawn segment consists of pawn operations in 29 U.S. states and the District of Columbia, while the Latin America pawn segment consists of pawn operations in Mexico, Guatemala, Colombia and El Salvador. According to our FCFS split history records, FirstCash Holdings has had 2 splits. | |
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FirstCash Holdings (FCFS) has 2 splits in our FCFS split history database. The first split for FCFS took place on April 06, 2004. This was a 3 for 2 split, meaning for each 2 shares of FCFS owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. FCFS's second split took place on February 22, 2006. This was a 2 for 1 split, meaning for each share of FCFS owned pre-split, the shareholder now owned 2 shares. For example, a 1500 share position pre-split, became a 3000 share position following the split.
When a company such as FirstCash Holdings splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the FCFS split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into FirstCash Holdings shares, starting with a $10,000 purchase of FCFS, presented on a split-history-adjusted basis factoring in the complete FCFS split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/11/2015 |
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| End date: |
12/09/2025 |
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| Start price/share: |
$38.17 |
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| End price/share: |
$156.20 |
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| Starting shares: |
261.99 |
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| Ending shares: |
299.92 |
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| Dividends reinvested/share: |
$11.20 |
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| Total return: |
368.47% |
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| Average Annual Total Return: |
16.69% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$46,829.56 |
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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: |
12/11/2015 |
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| End date: |
12/09/2025 |
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| Start price/share: |
$38.17 |
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| End price/share: |
$156.20 |
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| Dividends collected/share: |
$11.20 |
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| Total return: |
338.55% |
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| Average Annual Total Return: |
15.93% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$43,866.63 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 04/06/2004 | 3 for 2 | | 02/22/2006 | 2 for 1 |
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