Dynex Capital, Inc [NYSE: DX] price surged by 1.52 percent to reach at $0.21.
The one-year DX stock forecast points to a potential upside of 0.71. The average equity rating for DX stock is currently 1.57, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Dynex Capital, Inc [DX]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DX shares is $14.17 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DX stock is a recommendation set at 1.57. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Janney have made an estimate for Dynex Capital, Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 06, 2024. While these analysts kept the previous recommendation, Compass Point raised their target price to Buy. The new note on the price target was released on April 12, 2024, representing the official price target for Dynex Capital, Inc stock. Previously, the target price had yet another raise to $12.50, while UBS analysts kept a Neutral rating on DX stock. On January 09, 2023, analysts increased their price target for DX shares from 13.50 to 15.50.
The Average True Range (ATR) for Dynex Capital, Inc is set at 0.20, with the Price to Sales ratio for DX stock in the period of the last 12 months amounting to 4.00. The Price to Book ratio for the last quarter was 1.10, with the Price to Cash per share for the same quarter was set at 4.17. Price to Free Cash Flow for DX in the course of the last twelve months was 88.46.
DX Stock Performance Analysis:
Dynex Capital, Inc [DX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.79. With this latest performance, DX shares gained by 6.51% in over the last four-week period, additionally plugging by 11.67% over the last 6 months – not to mention a rise of 13.65% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DX stock in for the last two-week period is set at 67.30, with the RSI for the last a single of trading hit 66.63, and the three-weeks RSI is set at 66.64 for Dynex Capital, Inc [DX]. The present Moving Average for the last 50 days of trading for this stock 13.09, while it was recorded at 13.98 for the last single week of trading, and 12.52 for the last 200 days.
Dynex Capital, Inc [DX] Institutonal Ownership Details
The top three institutional holders of DX stocks are: BLACKROCK INC. with ownership of 6.58 million shares, which is approximately 11.1448%. VANGUARD GROUP INC, holding 3.92 million shares of the stock with an approximate value of $$46.84 million in DX stocks shares; and VANGUARD GROUP INC, currently with $$33.04 million in DX stock with ownership which is approximately 4.133%.
