Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Dynex Capital, Inc (NYSE: DX) closed at $14.10 down -0.91% from its previous closing price of $14.23. In other words, the price has decreased by -$0.91 from its previous closing price. On the day, 3.7 million shares were traded. DX stock price reached its highest trading level at $14.35 during the session, while it also had its lowest trading level at $14.03.
Ratios:
For a deeper understanding of Dynex Capital, Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 88.64. In the meantime, Its Debt-to-Equity ratio is 5.54 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Janney on June 06, 2024, initiated with a Buy rating and assigned the stock a target price of $13.50.
On April 12, 2024, Compass Point started tracking the stock assigning a Buy rating and target price of $14.50.
On December 06, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $12.50.UBS initiated its Neutral rating on December 06, 2023, with a $12.50 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 30 ’24 when Byron L. Boston bought 17,138 shares for $12.59 per share.
Smriti L. Popenoe bought 14,709 shares of DX for $185,186 on Aug 30 ’24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DX now has a Market Capitalization of 1275604480 and an Enterprise Value of 7592150016. As of this moment, Dynex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.60, and their Forward P/E ratio for the next fiscal year is 9.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.01 while its Price-to-Book (P/B) ratio in mrq is 1.11. Its current Enterprise Value per Revenue stands at 50.481.
Stock Price History:
The Beta on a monthly basis for DX is 1.09, which has changed by 0.15008152 over the last 52 weeks, in comparison to a change of 0.08190584 over the same period for the S&P500. Over the past 52 weeks, DX has reached a high of $14.52, while it has fallen to a 52-week low of $11.36. The 50-Day Moving Average of the stock is 4.90%, while the 200-Day Moving Average is calculated to be 11.71%.
Shares Statistics:
For the past three months, DX has traded an average of 2.73M shares per day and 3391770 over the past ten days. A total of 90.47M shares are outstanding, with a floating share count of 88.78M. Insiders hold about 1.86% of the company’s shares, while institutions hold 46.44% stake in the company. Shares short for DX as of 1740700800 were 7648543 with a Short Ratio of 2.80, compared to 1738281600 on 6916714. Therefore, it implies a Short% of Shares Outstanding of 7648543 and a Short% of Float of 8.540000000000001.
Dividends & Splits
According to the company, the forward annual dividend rate for DX is 1.64, from 1.58 in the trailing year. Against a Trailing Annual Dividend Yield of 0.11103304The stock’s 5-year Average Dividend Yield is 11.41. The current Payout Ratio is 107.35% for DX, which recently paid a dividend on 2025-02-24 with an ex-dividend date of 1742774400. Stock splits for the company last occurred on 2019-06-21 when the company split stock in a 1:3 ratio.
Earnings Estimates
Investors are keenly observing as 5.0 analysts analyze and rate the current performance of Dynex Capital, Inc (DX) in the stock market.The consensus estimate for the next quarter is $0.4, with high estimates of $0.53 and low estimates of $0.24.
Analysts are recommending an EPS of between $2.1 and $0.97 for the fiscal current year, implying an average EPS of $1.58. EPS for the following year is $1.6, with 4.0 analysts recommending between $1.98 and $1.21.
Revenue Estimates
A total of 3 analysts believe the company’s revenue will be $11.41M this quarter.It ranges from a high estimate of $15.09M to a low estimate of $5.85M. As of the current estimate, Dynex Capital, Inc’s year-ago sales were -$3.19MFor the next quarter, 3 analysts are estimating revenue of $14.88M. There is a high estimate of $22.31M for the next quarter, whereas the lowest estimate is $4.71M.
A total of 3 analysts have provided revenue estimates for DX’s current fiscal year. The highest revenue estimate was $106.85M, while the lowest revenue estimate was $15.91M, resulting in an average revenue estimate of $65.94M. In the same quarter a year ago, actual revenue was $5.88MBased on 2 analysts’ estimates, the company’s revenue will be $63.85M in the next fiscal year. The high estimate is $120.37M and the low estimate is $7.32M.
