Dynex Capital, Inc (DX) Shares Soar Above 1-Year High

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The stock of Dynex Capital, Inc (NYSE: DX) has increased by 0.24 when compared to last closing price of 12.69.Despite this, the company has seen a gain of 2.17% in its stock price over the last five trading days. seekingalpha.com reported 2024-12-06 that Caveat Emptor series aims to help investors avoid “sucker yields,” “value traps,” and “ugly ducklings” by highlighting risks and conducting due diligence. Dynex Capital is rated a sell due to poor operational performance, negative EPS, and unsustainable dividend payout ratios. Vornado Realty Trust is rated a sell due to declining AFFO, high geographic concentration risks, and a history of value erosion.

Is It Worth Investing in Dynex Capital, Inc (NYSE: DX) Right Now?

The price-to-earnings ratio for Dynex Capital, Inc (NYSE: DX) is above average at 10.11x. The 36-month beta value for DX is also noteworthy at 1.31. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 1 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”

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The public float for DX is 78.02M, and at present, short sellers hold a 6.73% of that float. The average trading volume of DX on December 11, 2024 was 2.11M shares.

DX’s Market Performance

The stock of Dynex Capital, Inc (DX) has seen a 2.17% increase in the past week, with a 0.71% rise in the past month, and a 1.76% gain in the past quarter. The volatility ratio for the week is 1.16%, and the volatility levels for the past 30 days are at 1.26% for DX. The simple moving average for the last 20 days is 1.85% for DX’s stock, with a simple moving average of 3.68% for the last 200 days.

Analysts’ Opinion of DX

Many brokerage firms have already submitted their reports for DX stocks, with Janney repeating the rating for DX by listing it as a “Buy.” The predicted price for DX in the upcoming period, according to Janney is $13.50 based on the research report published on June 06, 2024 of the current year 2024.

Compass Point, on the other hand, stated in their research note that they expect to see DX reach a price target of $14.50. The rating they have provided for DX stocks is “Buy” according to the report published on April 12th, 2024.

UBS gave a rating of “Neutral” to DX, setting the target price at $12.50 in the report published on December 06th of the previous year.

DX Trading at 2.34% from the 50-Day Moving Average

After a stumble in the market that brought DX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.09% of loss for the given period.

Volatility was left at 1.26%, however, over the last 30 days, the volatility rate increased by 1.16%, as shares surge +1.60% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.31% lower at present.

During the last 5 trading sessions, DX rose by +2.17%, which changed the moving average for the period of 200-days by +4.61% in comparison to the 20-day moving average, which settled at $12.49. In addition, Dynex Capital, Inc saw 1.60% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at DX starting from Byron L. Boston, who proposed sale 17,138 shares at the price of $12.59 back on Aug 30 ’24. After this action, Byron L. Boston now owns shares of Dynex Capital, Inc, valued at $215,767 using the latest closing price.

Smriti L. Popenoe, the Officer of Dynex Capital, Inc, proposed sale 14,709 shares at $12.59 during a trade that took place back on Aug 30 ’24, which means that Smriti L. Popenoe is holding shares at $185,186 based on the most recent closing price.

Stock Fundamentals for DX

Current profitability levels for the company are sitting at:

  • 11.26 for the present operating margin
  • 0.76 for the gross margin

The net margin for Dynex Capital, Inc stands at 3.17. The total capital return value is set at 0.04. Equity return is now at value 8.95, with 1.26 for asset returns.

When we switch over and look at the enterprise to sales, we see a ratio of 261.11. The receivables turnover for the company is 0.45for trailing twelve months and the total asset turnover is 0.0.

Conclusion

In summary, Dynex Capital, Inc (DX) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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