In yesterday’s Wall Street session, Dynex Capital, Inc. (NYSE:DX) shares traded at $12.65, up 0.48% from the previous session.
DX stock price is now 1.23% away from the 50-day moving average and 3.17% away from the 200-day moving average. The market capitalization of the company currently stands at $945.08M.
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With the price target of $13.50, Janney recently initiated with Buy rating for Dynex Capital, Inc. (NYSE: DX). On April 12, 2024, Compass Point recently initiated its ‘Buy’ rating on the stock quoting a target price of $14.50, while ‘UBS’ rates the stock as ‘Neutral’
In other news, Byron L. Boston, Officer bought 17,138 shares of the company’s stock on Aug 30 ’24. The stock was bought for $215,767 at an average price of $12.59. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 30 ’24, Officer Smriti L. Popenoe bought 14,709 shares of the business’s stock. A total of $185,186 was incurred on buying the stock at an average price of $12.59. A total of 1.72% of the company’s stock is owned by insiders.
During the past 12 months, Dynex Capital, Inc. has had a low of $9.51 and a high of $13.12. The fifty day moving average price for DX is $12.4958 and a two-hundred day moving average price translates $12.26145 for the stock.
The latest earnings results from Dynex Capital, Inc. (NYSE: DX) was released for 2024-09-30. The net profit margin was 54.16% and return on equity was 8.95% for DX. The company reported revenue of $76.05 million for the quarter, compared to $42.21 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 80.17 percent.
