Dynex Capital, Inc [NYSE: DX] stock went on an upward path that rose over 1.50% on Thursday, amounting to a one-week price decrease of less than -0.08%.
Over the last 12 months, DX stock dropped by -3.56%. The one-year Dynex Capital, Inc stock forecast points to a potential downside of -29210034.13. The average equity rating for DX stock is currently 1.57, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $1.31 billion, with 107.16 million shares outstanding and 104.95 million shares in the current float. Compared to the average trading volume of 3.92M shares, DX stock reached a trading volume of 4125478 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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 $13.42 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 Price to Book ratio for the last quarter was 0.97, with the Price to Cash per share for the same quarter was set at 3.06. Price to Free Cash Flow for DX in the course of the last twelve months was 34.53 with Quick ratio for the last quarter at 0.09.
DX Stock Performance Analysis:
Dynex Capital, Inc [DX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.08. With this latest performance, DX shares gained by 2.43% in over the last four-week period, additionally sinking by -2.94% over the last 6 months – not to mention a drop of -3.56% in the past year of trading.
Insight into Dynex Capital, Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Dynex Capital, Inc [DX] shares currently have an operating margin of 113.47% and a Gross Margin at 100.00%. Dynex Capital, Inc’s Net Margin is presently recorded at 18.45%.
Return on Equity for this stock inclined to 0.92%, with Return on Assets sitting at 0.92%.
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 9.8221%. 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%.
