In the latest session, Dynex Capital, Inc. (NYSE: DX) closed at $11.73 up 0.43% from its previous closing price of $11.68. In other words, the price has increased by $+0.05 from its previous closing price. On the day, 1727453 shares were traded. DX stock price reached its highest trading level at $11.80 during the session, while it also had its lowest trading level at $11.53.
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 5.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.04. 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 693.59M. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.18 while its Price-to-Book (P/B) ratio in mrq is 0.88.
Stock Price History:
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 12.27, while the 200-Day Moving Average is calculated to be 12.18.
Shares Statistics:
For the past three months, DX has traded an average of 1.28M shares per day and 1.24M over the past ten days. A total of 58.54M shares are outstanding, with a floating share count of 57.46M. Insiders hold about 1.86% of the company’s shares, while institutions hold 40.68% stake in the company. Shares short for DX as of Mar 15, 2024 were 4.16M with a Short Ratio of 3.25, compared to 5.06M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 7.10% and a Short% of Float of 7.19%.
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 13.36%, it implies a Forward Annual Dividend Yield of 12.58%. The stock’s 5-year Average Dividend Yield is 11.75.
Earnings Estimates
There are 3 different market analysts currently analyzing its stock. 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
A total of 3 analysts believe the company’s revenue will be $1.63M this quarter.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.
