Let’s look at the key reasons that are pushing Dynex Capital, Inc (DX) to new highs

On Friday, Dynex Capital, Inc (NYSE: DX) opened lower -0.66% from the last session, before settling in for the closing price of $12.21. Price fluctuations for DX have ranged from $9.90 to $13.12 over the past 52 weeks.

Over the past five-year period, the growth rate of yearbook sales for the company of the Real Estate sector was 1130.86%. Company’s average yearly earnings per share was noted 64.94% at the time writing. With a float of $77.94 million, this company’s outstanding shares have now reached $79.30 million.

Considering the fact that the conglomerate employs 22 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 92.91%, operating margin of 1125.56%, and the pretax margin is 317.15%.

Dynex Capital, Inc (DX) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the REIT – Mortgage industry is another important factor to consider. The insider ownership of Dynex Capital, Inc is 1.72%, while institutional ownership is 50.76%. The most recent insider transaction that took place on Aug 30 ’24, was worth 215,767. Before that another transaction happened on Aug 30 ’24, when Company’s Officer proposed sale 14,709 for $12.59, making the entire transaction worth $185,186.

Dynex Capital, Inc (DX) Recent Fiscal highlights

If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.24 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -0.2) by -0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.04 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 64.94% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -5.88% during the next five years compared to -0.30% drop over the previous five years of trading.

Dynex Capital, Inc (NYSE: DX) Trading Performance Indicators

Check out the current performance indicators for Dynex Capital, Inc (DX). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.18. Likewise, its price to free cash flow for the trailing twelve months is 60.41.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.26, a number that is poised to hit 0.00 in the next quarter and is forecasted to reach 1.28 in one year’s time.

Technical Analysis of Dynex Capital, Inc (DX)

Compared to the last year’s volume of 1.52 million, its volume of 2.4 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 20.27%. Additionally, its Average True Range was 0.21.

During the past 100 days, Dynex Capital, Inc’s (DX) raw stochastic average was set at 36.24%, which indicates a significant increase from 6.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.55% in the past 14 days, which was lower than the 16.65% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $12.50, while its 200-day Moving Average is $12.25. Nevertheless, the first resistance level for the watch stands at $12.27 in the near term. At $12.42, the stock is likely to face the second major resistance level. The third major resistance level sits at $12.52. If the price goes on to break the first support level at $12.03, it is likely to go to the next support level at $11.93. Now, if the price goes above the second support level, the third support stands at $11.78.

Dynex Capital, Inc (NYSE: DX) Key Stats

There are currently 79,304K shares outstanding in the company with a market cap of 955.65 million. Presently, the company’s annual sales total 207,520 K according to its annual income of -6,130 K. Last quarter, the company’s sales amounted to 83,460 K and its income totaled 31,000 K.