Dynex Capital, Inc (NYSE: DX) is -2.77% 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 $12.40 in the last trading session, with the day’s loss setting it -0.1%.
Currently trading at $12.30, the stock is 1.10% and 1.65% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.73 million and changing -0.81% at the moment leaves the stock -2.97% off its SMA200. DX registered 6.96% gain for a year compared to 6-month loss of -3.30%.
The stock witnessed a -1.84% gain in the last 1 month and extending the period to 3 months gives it a -13.50%, and is 1.15% 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 0.73% over the week and 1.13% over the month.
Dynex Capital, Inc (DX) has around 22 employees, a market worth around $1.32B and $341.56M in sales. Current P/E ratio is 15.88 and Fwd P/E is 8.43. Profit margin for the company is 18.45%. Distance from 52-week low is 13.99% and -15.29% 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 488.46% this year.
Dynex Capital, Inc (DX) Top Institutional Holders
The shares outstanding are 107.16M, and float is at 104.95M with Short Float at 4.72%.
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.
