Dynex Capital, Inc (NYSE:DX) does about 3.91M shares in volume on a normal day but saw 3525142 shares change hands in the recent trading day. The company now has a market cap of 1.27B USD. Its current market price is $11.89, marking a decrease of -1.25% compared to the previous close of $12.04. The 52 week high reached by this stock is $14.52 whilst the lowest price level in 52 weeks is $10.79.
The consensus objective for the share price is $13.42, suggesting that the stock has a potential upside of 11.4% over the period.
FactSet Research has provided data showing that 4 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 4 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Buy the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on June 06, 2024 when Janney initiated the stock to “Buy” and issued a price target of $13.50. UBS initiated its price target at $12.50.
The current price level is -2.94%, -3.36%, and -6.25% away from its SMA20, SMA50, and SMA200 respectively, with the DX price moving above the 50-day SMA on current market day. Dynex Capital, Inc (DX) stock is up 0.34% over the week and -2.46% over the past month. Its price is -6.01% year-to-date and -1.00% over the past year.
To reach the target analysts have set, the stock logically needs to grow 11.4 percent from here.
Outstanding shares total 107.16M with insiders holding 1.24% of the shares and institutional holders owning 48.97% of the company’s common stock. The company has a return on investment of 4.51% and return on equity of 6.01%. The price to earnings ratio (P/E ratio) amounts to 15.35 while the forward price to earnings ratio is 7.77. The beta has a value of 0.92. Price to book ratio is 0.94 and price to sales ratio is 3.73.
