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Video: What is a Stock Split?
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HSN is an interactive multi-channel retailer operating through various platforms including television, online, mobile, catalogs and in retail and outlet stores through the six brands of its two operating segments, HSN and Cornerstone. HSN is an entertainment and lifestyle retailer providing a range of products and brand names through television home shopping programming on the HSN television networks, through its business-to-consumer digital commerce sites HSN.com and joymangano.com, through mobile applications, through its outlet stores and through its wholesale distribution of certain proprietary products to other retailers. Cornerstone is comprised of home and apparel lifestyle brands. According to our HSNI split history records, HSNI has had 1 split. | |
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HSNI (HSNI) has 1 split in our HSNI split history database. The split for HSNI took place on January 02, 2018. This was a 1649 for 1000 split, meaning for each 1000 shares of HSNI owned pre-split, the shareholder now owned 1649 shares. For example, a 1000 share position pre-split, became a 1649 share position following the split.
When a company such as HSNI 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 HSNI split history from start to finish, an original position size of 1000 shares would have turned into 1649 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into HSNI shares, starting with a $10,000 purchase of HSNI, presented on a split-history-adjusted basis factoring in the complete HSNI split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
12/11/2014 |
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End date: |
01/02/2018 |
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Start price/share: |
$44.50 |
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End price/share: |
$24.47 |
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Starting shares: |
224.72 |
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Ending shares: |
284.27 |
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Dividends reinvested/share: |
$8.61 |
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Total return: |
-30.44% |
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Average Annual Total Return: |
-11.17% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$6,957.25 |
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Years: |
3.06 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
12/11/2014 |
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End date: |
01/02/2018 |
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Start price/share: |
$44.50 |
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End price/share: |
$24.47 |
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Dividends collected/share: |
$8.61 |
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Total return: |
-25.66% |
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Average Annual Total Return: |
-9.23% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$7,433.22 |
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Years: |
3.06 |
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Date |
Ratio |
01/02/2018 | 1649 for 1000 |
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