Dynex Capital, Inc [NYSE: DX] gained 1.16% on the last trading session, reaching $12.21 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 $1.31 billion with the latest information. DX stock price has been found in the range of $12.04 to $12.26.
If compared to the average trading volume of 3.86M shares, DX reached a trading volume of 4193420 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 $13.42 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 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 3.83. 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 34.56 with Quick ratio for the last quarter at 0.09.
Trading performance analysis for DX stock
Dynex Capital, Inc [DX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.81. With this latest performance, DX shares dropped by -2.24% in over the last four-week period, additionally sinking by -3.63% over the last 6 months – not to mention a rise of 2.95% in the past year of trading.
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 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%.
An analysis of Institutional ownership at Dynex Capital, Inc [DX]
There are presently around $48.97%, or 49.58%% 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%.
