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Is Dynex Capital, Inc (DX) a good stock to buy now?

Dynex Capital, Inc (NYSE: DX) is 0.00% lower on its value in year-to-date trading and has touched a low of $11.36 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 $12.55 in the last trading session, with the day’s loss setting it -0.03%.

Currently trading at $12.52, the stock is 0.70% and 0.77% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.72 million and changing -0.24% at the moment leaves the stock 2.13% off its SMA200. DX registered 9.44% gain for a year compared to 6-month loss of 1.46%. The firm has a 50-day simple moving average (SMA 50) of $12.4314 and a 200-day simple moving average (SMA200) of $12.2588.

The stock witnessed a 2.54% gain in the last 1 month and extending the period to 3 months gives it a 0.40%, and is 1.05% up 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 1.04% over the week and 1.59% over the month.

Dynex Capital, Inc (DX) has around 22 employees, a market worth around $999.25M and $300.72M in sales. Current P/E ratio is 9.95 and Fwd P/E is 9.98. Profit margin for the company is 26.41%. Distance from 52-week low is 10.21% and -4.61% from its 52-week high. The company has generated returns on investments over the last 12 months (6.95%).

with sales reaching $2.17M over the same period.The EPS is expected to grow by 65.28% this year, but quarterly earnings will post 114.57% year-over-year. Quarterly sales are estimated to grow 195.78% in year-over-year returns.

Dynex Capital, Inc (DX) Top Institutional Holders

217.0 institutions hold shares in Dynex Capital, Inc (DX), with institutional investors hold 35.12% of the company’s shares. The shares outstanding are 79.29M, and float is at 78.02M with Short Float at 6.73%. Institutions hold 34.77% 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.

Dynex Capital, Inc (DX) Insider Activity

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