DX Stock Forecast: All the More Reason to Consider Dynex Capital, Inc (DX) Now

Dynex Capital, Inc (NYSE: DX) is -0.32% 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 $12.56 in the last trading session, with the day’s gains setting it 0.05%.

Currently trading at $12.61, the stock is 2.91% and -0.88% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.53 million and changing 0.40% at the moment leaves the stock -0.58% off its SMA200. DX registered 1.53% gain for a year compared to 6-month loss of 2.94%.

The stock witnessed a 8.80% gain in the last 1 month and extending the period to 3 months gives it a -8.56%, and is 1.45% 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 0.99% over the week and 1.66% over the month.

Dynex Capital, Inc (DX) has around 22 employees, a market worth around $1.35B and $341.56M in sales. Current P/E ratio is 16.28 and Fwd P/E is 8.24. Profit margin for the company is 18.45%. Distance from 52-week low is 16.87% and -13.15% from its 52-week high. The company has generated returns on investments over the last 12 months (4.51%).

The EPS is expected to grow by 511.30% this year.

Dynex Capital, Inc (DX) Top Institutional Holders

The shares outstanding are 107.16M, and float is at 105.17M with Short Float at 6.70%.

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 5.8588 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

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