Dynex Capital, Inc. (NYSE: DX) is -1.68% lower on its value in year-to-date trading and has touched a low of $9.51 and a high of $13.24 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DX stock was last observed hovering at around $12.26 in the last trading session, with the day’s gains setting it 0.05%.
Currently trading at $12.31, the stock is -0.67% and -0.68% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.15 million and changing 0.41% at the moment leaves the stock 2.18% off its SMA200. DX registered 13.10% gain for a year compared to 6-month gain of 0.79%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 0.74% loss in the last 1 month and extending the period to 3 months gives it a -2.61%, and is -1.36% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.72% over the week and 1.54% over the month.
Dynex Capital, Inc. (DX) has around 22 employees, a market worth around $720.63M and $132.60M in sales. Fwd P/E is 13.23. Profit margin for the company is -10.43%. Distance from 52-week low is 29.41% and -7.02% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.59%).
Dynex Capital, Inc. quarterly earnings per share for the current quarter are estimated at -$0.14 with sales reaching $1.63M over the same period.The EPS is expected to grow by 97.46% this year, but quarterly earnings will post -410.20% year-over-year. Quarterly sales are estimated to shrink -83.50% in year-over-year returns.
Dynex Capital, Inc. (DX) Top Institutional Holders
178 institutions hold shares in Dynex Capital, Inc. (DX), with institutional investors hold 41.88% of the company’s shares. The shares outstanding are 57.04M, and float is at 56.98M with Short Float at 8.10%. Institutions hold 40.78% of the Float.
The top institutional shareholder in the company is Blackrock Inc. with over 4.77 million shares valued at $60.0 million. The investor’s holdings represent 8.79% of the DX Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 2.88 million shares valued at $36.31 million to account for 5.32% of the shares outstanding. The other top investors are Balyasny Asset Management LLC which holds 1.7 million shares representing 3.14% and valued at over $21.43 million, while Victory Capital Management Inc. holds 2.73% of the shares totaling 1.48 million with a market value of $18.65 million.
