Dynex Capital, Inc (NYSE: DX) is -7.59% lower on its value in year-to-date trading and has touched a low of $10.79 and a high of $14.52 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 $11.39 in the last trading session, with the day’s gains setting it 0.3%.
Currently trading at $11.69, the stock is -9.02% and -12.87% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.45 million and changing 2.63% at the moment leaves the stock -7.80% off its SMA200. DX registered -0.34% loss for a year compared to 6-month gain of -5.04%. The firm has a 50-day simple moving average (SMA 50) of $13.4172 and a 200-day simple moving average (SMA200) of $12.67915.
The stock witnessed a -17.79% loss in the last 1 month and extending the period to 3 months gives it a -4.02%, and is -0.34% 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 6.64% over the week and 3.59% over the month.
Dynex Capital, Inc (DX) has around 22 employees, a market worth around $1.12B and $318.03M in sales. Current P/E ratio is 7.96 and Fwd P/E is 7.15. Profit margin for the company is 33.39%. Distance from 52-week low is 8.34% and -19.49% from its 52-week high. The company has generated returns on investments over the last 12 months (8.96%).
The EPS is expected to grow by 501.33% this year.
Dynex Capital, Inc (DX) Top Institutional Holders
238.0 institutions hold shares in Dynex Capital, Inc (DX), with institutional investors hold 44.35% of the company’s shares. The shares outstanding are 96.20M, and float is at 94.41M with Short Float at 7.69%. Institutions hold 43.81% 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 9.8221% 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 4.133% and valued at over $33.04 million, while MILLENNIUM MANAGEMENT LLC holds 3.8471 of the shares totaling 2.58 million with a market value of $30.76 million.
Dynex Capital, Inc (DX) Insider Activity
#####
