Dynex Capital, Inc (NYSE:DX) does about 3.82M shares in volume on a normal day but saw 3199550 shares change hands in the recent trading day. The company now has a market cap of 1.32B USD. Its current market price is $12.30, marking no change compared to the previous close of $12.30. 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 8.35% 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 1.23%, 1.72%, and -2.96% 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 0.74% over the week and -2.07% over the past month. Its price is -2.77% year-to-date and 5.04% over the past year.
To reach the target analysts have set, the stock logically needs to grow 8.35 percent from here.
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 15.88 while the forward price to earnings ratio is 8.43. The beta has a value of 0.92. Price to book ratio is 0.98 and price to sales ratio is 3.86.
