As of close of business last night, Dynex Capital, Inc.’s stock clocked out at $12.44, down -0.48% from its previous closing price of $12.50. In other words, the price has decreased by -$0.06 from its previous closing price. On the day, 3168079 shares were traded. DX stock price reached its highest trading level at $12.66 during the session, while it also had its lowest trading level at $12.38.
Ratios:
To gain a deeper understanding of DX’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.09 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.71. In the meantime, Its Debt-to-Equity ratio is 6.18 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, UBS on December 06, 2023, initiated with a Neutral rating and assigned the stock a target price of $12.50.
On January 09, 2023, Credit Suisse Upgraded its rating to Outperform which previously was Neutral and also upped its target price recommendation from $13.50 to $15.50.
Keefe Bruyette Upgraded its Mkt Perform to Outperform on June 09, 2022, whereas the target price for the stock was revised from $17 to $18.75.
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 728.29M. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.49 while its Price-to-Book (P/B) ratio in mrq is 0.93.
Stock Price History:
The Beta on a monthly basis for DX is 1.32, which has changed by 9.12% over the last 52 weeks, in comparison to a change of 32.31% over the same period for the S&P500. Over the past 52 weeks, DX has reached a high of $13.24, while it has fallen to a 52-week low of $9.51. The 50-Day Moving Average of the stock is 12.41, while the 200-Day Moving Average is calculated to be 12.18.
Shares Statistics:
It appears that DX traded 1.12M shares on average per day over the past three months and 1.28M shares per day over the past ten days. A total of 57.04M shares are outstanding, with a floating share count of 56.98M. Insiders hold about 2.68% of the company’s shares, while institutions hold 40.79% stake in the company. Shares short for DX as of Feb 29, 2024 were 4.62M with a Short Ratio of 4.11, compared to 3.11M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 7.89% and a Short% of Float of 7.98%.
Dividends & Splits
With its trailing 12-month dividend rate of 1.56, DX has a forward annual dividend rate of 0.93. Against a Trailing Annual Dividend Yield of 12.48%, it implies a Forward Annual Dividend Yield of 12.54%. The stock’s 5-year Average Dividend Yield is 11.75. The current Payout Ratio is 49.22% for DX, which recently paid a dividend on Apr 01, 2024 with an ex-dividend date of Mar 21, 2024. Stock splits for the company last occurred on Jun 21, 2019 when the company split stock in a 1:3 ratio.
Earnings Estimates
As of right now, 3 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.14 for the current quarter, with a high estimate of -$0.02 and a low estimate of -$0.21, while EPS last year was -$0.16. The consensus estimate for the next quarter is -$0.06, with high estimates of $0 and low estimates of -$0.12.
Analysts are recommending an EPS of between $0.07 and -$0.37 for the fiscal current year, implying an average EPS of -$0.12. EPS for the following year is $0.65, with 2 analysts recommending between $1.2 and $0.1.
Revenue Estimates
In the current quarter, 3 analysts expect revenue to total $1.63M. It ranges from a high estimate of $8.6M to a low estimate of -$3M. As of the current estimate, Dynex Capital, Inc.’s year-ago sales were $9.85M, an estimated decrease of -83.50% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $5.29M, a decrease of -17.20% over than the figure of -$83.50% in the same quarter last year. There is a high estimate of $10.1M for the next quarter, whereas the lowest estimate is $2.2M.
A total of 3 analysts have provided revenue estimates for DX’s current fiscal year. The highest revenue estimate was $44.8M, while the lowest revenue estimate was $14.4M, resulting in an average revenue estimate of $24.6M. In the same quarter a year ago, actual revenue was -$7.93M, down -410.20% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $37.57M in the next fiscal year. The high estimate is $43.5M and the low estimate is $31.65M. The average revenue growth estimate for next year is up 52.70% from the average revenue estimate for this year.
