- On December 31, 2007 during President Bush's second term
- On March 6, 2009, very early in President Obama's first term, which was the lowest point for the US stock market due to the spillover effects resulting from the 2008 financial meltdown, and
- also on the most recent date February 24, 2014.
The historical stock prices of these companies were obtained from the following two excellent internet resources.... Google Finance and MarketWatch Big Charts.
These 18 Iowa Companies had their equally-company-weighted average stock market prices decline by a massive 60% from December 31, 2007 during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's first term, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.
But in the slightly less than five years since March 6, 2009, the equally-company-weighted average stock market prices of these same 18 Iowa Companies have increased by a very impressive 490%, driven by 3 Iowa Companies with stock market price increase above 10 times.....Lee Enterprises (up 16 times), FBL Financial Group (up 15 times) and Sauer-Danfoss (up 13 times).
To illustrate the operational consistency of these 18 Iowa Companies, all 18 of them had stock market price increases since March 6, 2009, with the lowest increase being a respectable 42%.
Iowa citizens should be extremely pleased with the outstanding performance of their Iowa Companies during the Obama Administration.
Below here are the stock market prices of these 18 Iowa Companies on February 24, 2014, on March 6, 2009, and on December 31, 2007:
Market | Market | ||||||
Price | Price | ||||||
% | % | ||||||
Change | Change | ||||||
Market | Market | Market | 3-6-09 | 12-31-07 | |||
Price | Price | Price | to | to | |||
Iowa Company | HQs | 2-24-14 | 3-6-09 | 12-31-07 | 2-24-14 | 3-6-09 | |
Lee Enterprises | Davenport | IA | 4.85 | 0.29 | 14.65 | 1572% | -98% |
FBL Financial Group | West Des Moines | IA | 40.65 | 2.55 | 34.53 | 1494% | -93% |
Sauer-Danfoss | Ames | IA | 58.49 | 4.31 | 25.05 | 1257% | -83% |
Winnebago Industries | Forest City | IA | 26.10 | 3.23 | 21.02 | 708% | -85% |
Principal Financial Group | Des Moines | IA | 44.88 | 6.08 | 68.84 | 638% | -91% |
Flexsteel | Dubuque | IA | 37.16 | 5.17 | 12.00 | 619% | -57% |
American Equity Investment Life | West Des Moines | IA | 21.65 | 3.19 | 8.29 | 579% | -62% |
HNI Corp | Muscatine | IA | 34.62 | 8.16 | 35.06 | 324% | -77% |
Meredith Corp | Des Moines | IA | 44.96 | 11.28 | 54.98 | 299% | -79% |
MidWest One Financial Group | Iowa City | IA | 26.20 | 7.00 | 16.99 | 274% | -59% |
Casey's General Stores | Ankeny | IA | 66.76 | 18.81 | 29.61 | 255% | -36% |
Heartland Financial USA | Dubuque | IA | 26.48 | 8.84 | 18.57 | 200% | -52% |
Rockwell Collins | Cedar Rapids | IA | 82.82 | 28.35 | 71.97 | 192% | -61% |
West Bancorporation | West Des Moines | IA | 14.74 | 5.64 | 13.04 | 161% | -57% |
Heartland Express | North Liberty | IA | 20.60 | 12.19 | 14.18 | 69% | -14% |
United Fire Group | Cedar Rapids | IA | 29.57 | 17.54 | 29.09 | 69% | -40% |
EMC Insurance Group | Des Moines | IA | 30.58 | 19.03 | 23.67 | 61% | -20% |
Ames National Corp | Ames | IA | 22.29 | 15.71 | 19.50 | 42% | -19% |
Average % Change all 18 | 490% | -60% |