Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
Dynex Capital, Inc (NYSE: DX) closed the day trading at $11.76 up 0.60% from the previous closing price of $11.69. In other words, the price has increased by $0.60 from its previous closing price. On the day, 3.45 million shares were traded. DX stock price reached its highest trading level at $11.905 during the session, while it also had its lowest trading level at $11.635.
Ratios:
For a better understanding of DX, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 78.62. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 1131336704 and an Enterprise Value of 7380453888. As of this moment, Dynex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.00, and their Forward P/E ratio for the next fiscal year is 7.08. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.56 while its Price-to-Book (P/B) ratio in mrq is 0.92. Its current Enterprise Value per Revenue stands at 49.073.
Stock Price History:
The Beta on a monthly basis for DX is 0.94, which has changed by 0.020833373 over the last 52 weeks, in comparison to a change of 0.07455289 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 $10.79. The 50-Day Moving Average of the stock is -12.16%, while the 200-Day Moving Average is calculated to be -7.25%.
Shares Statistics:
Over the past 3-months, DX traded about 3.64M shares per day on average, while over the past 10 days, DX traded about 6026740 shares per day. A total of 96.20M shares are outstanding, with a floating share count of 94.41M. Insiders hold about 1.86% of the company’s shares, while institutions hold 43.73% stake in the company. Shares short for DX as of 1743379200 were 7255448 with a Short Ratio of 1.99, compared to 1740700800 on 7648543. Therefore, it implies a Short% of Shares Outstanding of 7255448 and a Short% of Float of 7.62.
Dividends & Splits
DX’s forward annual dividend rate is 1.68, up from 1.58 a year ago. Against a Trailing Annual Dividend Yield of 0.13515827The stock’s 5-year Average Dividend Yield is 11.32. The current Payout Ratio is 107.35% for DX, which recently paid a dividend on 2025-03-24 with an ex-dividend date of 1745366400. Stock splits for the company last occurred on 2019-06-21 when the company split stock in a 1:3 ratio.
