What should you know before buying stock in Dynex Capital, Inc. (DX)

Dynex Capital, Inc. (NYSE: DX) is -3.59% lower on its value in year-to-date trading and has touched a low of $9.51 and a high of $13.12 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 $12.21 in the last trading session, with the day’s loss setting it -0.14%.

Currently trading at $12.07, the stock is -4.17% and -2.78% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.33 million and changing -1.15% at the moment leaves the stock -1.63% off its SMA200. DX registered 5.57% gain for a year compared to 6-month gain of -0.41%. The firm has a 50-day simple moving average (SMA 50) of $12.4122 and a 200-day simple moving average (SMA200) of $12.26695.

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The stock witnessed a -3.21% loss in the last 1 month and extending the period to 3 months gives it a 1.77%, and is -5.41% 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 1.92% over the week and 1.67% over the month.

Dynex Capital, Inc. (DX) has around 22 employees, a market worth around $901.75M and $280.53M in sales. Current P/E ratio is 227.31 and Fwd P/E is 11.81. Profit margin for the company is 1.92%. Distance from 52-week low is 26.88% and -8.04% from its 52-week high. The company has generated returns on investments over the last 12 months (0.51%).

with sales reaching $5.33M over the same period.The EPS is expected to grow by 47.96% this year, but quarterly earnings will post -280.70% year-over-year.

Dynex Capital, Inc. (DX) Top Institutional Holders

198.0 institutions hold shares in Dynex Capital, Inc. (DX), with institutional investors hold 54.75% of the company’s shares. The shares outstanding are 74.71M, and float is at 73.42M with Short Float at 7.13%. Institutions hold 53.91% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 6.58 million shares valued at $78.52 million. The investor’s holdings represent 11.1448% of the DX Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 3.92 million shares valued at $46.84 million to account for 6.6478 of the shares outstanding. The other top investors are BALYASNY ASSET MANAGEMENT L.P. which holds 2.77 million shares representing 4.6896% and valued at over $33.04 million, while MILLENNIUM MANAGEMENT LLC holds 4.3652 of the shares totaling 2.58 million with a market value of $30.76 million.