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 Video: What is a Stock Split?
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| J. C. Penney is a holding company whose principal operating subsidiary is J. C. Penney Corporation, Inc. Co.'s business consists of selling merchandise and services to consumers through its department stores and its website at jcp.com. Co.'s department stores and website serve the same type of customers, its website provides virtually the same mix of merchandise as its store assortment plus other extended categories that are not provided in store, and its department stores generally accept returns from sales made in stores and via its website. Co. sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products through Sephora inside JCPenney, and home furnishings. According to our JCP split history records, JCP has had 2 splits. | |
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JCP (JCP) has 2 splits in our JCP split history database. The first split for JCP took place on May 01, 1987. This was a 2 for 1
split, meaning for each share of JCP owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. JCP's second split took place on May 03, 1993. This was a 2 for 1
split, meaning for each share of JCP owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split.
When a company such as JCP 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 JCP split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into JCP shares, starting with a $10,000 purchase of JCP, presented on a split-history-adjusted basis factoring in the complete JCP split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
12/05/2014 |
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| End date: |
05/18/2020 |
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| Start price/share: |
$6.64 |
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| End price/share: |
$0.18 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-97.29% |
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| Average Annual Total Return: |
-48.41% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$270.95 |
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| Years: |
5.45 |
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| Date |
Ratio |
| 05/01/1987 | 2 for 1
| | 05/03/1993 | 2 for 1
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