Daily Progress: Dynex Capital, Inc. (DX) Gain 0.25, Closing at 12.23

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In the latest session, Dynex Capital, Inc. (NYSE: DX) closed at $12.23 up 0.25% from its previous closing price of $12.20. In other words, the price has increased by $0.25 from its previous closing price. On the day, 1.29 million shares were traded. DX stock price reached its highest trading level at $12.3 during the session, while it also had its lowest trading level at $12.17.

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 3.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 32.08. In the meantime, Its Debt-to-Equity ratio is 5.26 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.

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 913676352 and an Enterprise Value of 6221145088. As of this moment, Dynex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 230.32, and their Forward P/E ratio for the next fiscal year is 17.09. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.26 while its Price-to-Book (P/B) ratio in mrq is 0.97. Its current Enterprise Value per Revenue stands at 126.799.

Stock Price History:

The Beta on a monthly basis for DX is 1.32, which has changed by -0.0073230267 over the last 52 weeks, in comparison to a change of 0.24841464 over the same period for the S&P500. Over the past 52 weeks, DX has reached a high of $13.16, while it has fallen to a 52-week low of $9.51. The 50-Day Moving Average of the stock is 1.41%, while the 200-Day Moving Average is calculated to be 1.51%.

Shares Statistics:

For the past three months, DX has traded an average of 1.59M shares per day and 1234810 over the past ten days. A total of 74.71M shares are outstanding, with a floating share count of 73.58M. Insiders hold about 1.51% of the company’s shares, while institutions hold 53.29% stake in the company. Shares short for DX as of 1722384000 were 4737456 with a Short Ratio of 2.98, compared to 1719532800 on 4768693. Therefore, it implies a Short% of Shares Outstanding of 4737456 and a Short% of Float of 6.419999999999999.

Dividends & Splits

According to the company, the forward annual dividend rate for DX is 1.56, from 1.56 in the trailing year. Against a Trailing Annual Dividend Yield of 0.12786885The stock’s 5-year Average Dividend Yield is 11.6.

Earnings Estimates

A comprehensive evaluation of Dynex Capital, Inc. (DX) is underway, with the input of 4.0 analysts contributing to its current rating.The consensus estimate for the next quarter is $0.01, with high estimates of $0.08 and low estimates of -$0.03.

Analysts are recommending an EPS of between -$0.41 and -$0.51 for the fiscal current year, implying an average EPS of -$0.46. EPS for the following year is $0.61, with 3.0 analysts recommending between $0.8 and $0.39.

Revenue Estimates

For the next quarter, 5 analysts are estimating revenue of $6.52M. There is a high estimate of $10.9M for the next quarter, whereas the lowest estimate is $120k.

A total of 3 analysts have provided revenue estimates for DX’s current fiscal year. The highest revenue estimate was $8.63M, while the lowest revenue estimate was -$930k, resulting in an average revenue estimate of $4.99M. In the same quarter a year ago, actual revenue was -$7.93MBased on 5 analysts’ estimates, the company’s revenue will be $62.66M in the next fiscal year. The high estimate is $101.32M and the low estimate is $3.21M.

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