These 19 Iowa Corps had their average stock prices increase by 178% from January 16, 2009 to August 26, 2013. This 178% increase is 1.9 times the 95% increase in the S&P 500 Index over the same time span.
Iowa citizens have to be extremely pleased with the overall stock market performance of their fine Iowa Companies during the Obama Administration.
A very significant portion of this 178% increase occurred in the first two years of the Obama Administration, when both the US Senate and the US House were under Democratic control.
Below here are the common stock market closing prices of each of these 19 Iowa Corps at both the most recent date (August 26, 2013) and also at the date just before President Obama took office in his first term (Jan 16, 2009), as well as the percentage stock market price changes for this period of time:
Market | Market | Percentage | ||
Iowa | Price | Price | Increase | |
HQs | 8-26-13 | 1-16-09 | (Decrease) | |
Companies Headquartered in Iowa | ||||
Lee Enterprises | Davenport | $2.77 | $0.36 | 669% |
Sauer Danfoss (1) | Ames | $58.50 | $8.27 | 607% |
Winnebago Industries | Forest City | $23.00 | $6.31 | 265% |
FBL Financial Group | West Des Moines | $43.93 | $13.28 | 231% |
Meta Financial Group | Storm Lake | $32.61 | $10.60 | 208% |
Flexsteel Industries | Dubuque | $22.54 | $7.33 | 208% |
Caseys General Stores | Ankeny | $67.98 | $22.43 | 203% |
American Equity Investment Life | West Des Moines | $19.41 | $6.96 | 179% |
MidWest One Financial | Iowa City | $24.33 | $9.00 | 170% |
Principal Financial Group | Des Moines | $42.14 | $16.19 | 160% |
HNI Corp | Muscatine | $36.43 | $14.37 | 154% |
Meredith | Des Moines | $45.01 | $18.82 | 139% |
Rockwell Collins | Cedar Rapids | $72.01 | $37.26 | 93% |
Heartland Financial | Dubuque | $27.01 | $17.04 | 59% |
EMC Insurance | Des Moines | $27.78 | $21.60 | 29% |
West Bancorporation | West Des Moines | $13.14 | $11.14 | 18% |
United Fire Group | Cedar Rapids | $29.78 | $26.10 | 14% |
Heartland Express | North Liberty | $14.43 | $13.69 | 5% |
Ames National | Ames | $20.81 | $27.21 | -24% |
Average Increase: all 19 Iowa Corps | 178% | |||
Dow Industrials Index | 14,946.46 | 8,281.22 | 80% | |
S&P 500 Index | 1,656.78 | 850.12 | 95% | |
S&P Mid-Cap 400 Index | 1,217.83 | 516.75 | 136% | |
S&P SmallCap 600 Index | 588.11 | 247.89 | 137% |
(1) Sauer Danfoss was acquired for $58.50 in April 2013.