Janney lifts Dynex Capital, Inc [DX] price estimate. Who else is bullish?

Dynex Capital, Inc [NYSE: DX] gained 1.44% on the last trading session, reaching $12.72 price per share at the time.

Dynex Capital, Inc represents 107.16 million in outstanding shares, while the company has a total market value of $1.36 billion with the latest information. DX stock price has been found in the range of $12.57 to $12.75.

If compared to the average trading volume of 3.62M shares, DX reached a trading volume of 6465467 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about 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 $13.83 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 1.33. 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 0.87, with the Price to Cash per share for the same quarter was set at 6.59. Price to Free Cash Flow for DX in the course of the last twelve months was 36.00 with Quick ratio for the last quarter at 0.09.

Trading performance analysis for DX stock

Dynex Capital, Inc [DX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.00. With this latest performance, DX shares gained by 4.43% in over the last four-week period, additionally sinking by -0.24% over the last 6 months – not to mention a rise of 0.55% 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 58.56, with the RSI for the last a single of trading hit 0.22, and the three-weeks RSI is set at 0.22 for Dynex Capital, Inc [DX]. The present Moving Average for the last 50 days of trading for this stock 12.34, while it was recorded at 12.60 for the last single week of trading, and 12.66 for the last 200 days.

Dynex Capital, Inc [DX]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Dynex Capital, Inc [DX] shares currently have an operating margin of 123.53% and a Gross Margin at 100.00%. Dynex Capital, Inc’s Net Margin is presently recorded at 17.76%.

Dynex Capital, Inc (DX) Capital Structure & Debt Analysis

According to recent financial data for Dynex Capital, Inc. ( DX), the Return on Equity (ROE) stands at 4.93%, suggesting modest shareholder returns. The Return on Assets (ROA) is 0.73%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Dynex Capital, Inc’s Return on Invested Capital (ROIC) is 3.47%, showcasing its effectiveness in deploying capital for earnings.

Dynex Capital, Inc (DX) Efficiency & Liquidity Metrics

Based on Dynex Capital, Inc’s (DX) latest financial statements, the Debt-to-Equity Ratio is 5.36%, indicating its reliance on debt financing relative to shareholder equity.

Dynex Capital, Inc (DX) Efficiency & Liquidity Metrics

From an operational efficiency perspective, Dynex Capital, Inc. (DX) effectively leverages its workforce, generating an average of $2588636.36 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.08% and a Quick Ratio of 0.09%, indicating strong ability to cover short-term liabilities.

An analysis of Institutional ownership at Dynex Capital, Inc [DX]

There are presently around $48.91%, or 49.52% of DX stock, in the hands of institutional investors. 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%.

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