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How to buy Dynex Capital (DX) stocks in Canada
Learn how to easily invest in Dynex Capital stocks.
Dynex Capital is a reit-mortgage business based in the US. Dynex Capital stocks (DX.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $20.11 – a decrease of 4.12% over the previous week. Dynex Capital employs 19 staff and has a trailing 12-month revenue of around $154.5 million.
How to buy shares in Dynex Capital
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – DX – and research it before deciding if it's a good investment for you.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
- Can I buy shares in Dynex Capital?
- Has coronavirus impacted Dynex Capital shares?
- Dynex Capital shares summary
- Compare share dealing platforms
- Is Dynex Capital stock a buy or sell?
- Dynex Capital performance over time
- Are Dynex Capital shares over-valued?
- Dynex Capital's financials
- How volatile are Dynex Capital shares?
- Does Dynex Capital pay a dividend?
- Have Dynex Capital shares ever split?
- Other common questions
Dynex Capital stock price (NYSE:DX)Use our graph to track the performance of DX stocks over time.
Dynex Capital shares at a glance
|Latest market close||$16.04|
|52-week range||$15.07 - $19.33|
|50-day moving average||$16.97|
|200-day moving average||$18.09|
|Wall St. target price||$18.95|
|Dividend yield||$1.56 (9.86%)|
|Earnings per share (TTM)||$4.71|
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Note: The dollar amounts in the table below are in Canadian dollars.
Is it a good time to buy Dynex Capital stock?
Dynex Capital price performance over time
|1 week (2022-01-19)||-4.12%|
|1 month (2021-12-23)||-3.84%|
|3 months (2021-10-26)||-9.58%|
|6 months (2021-07-26)||-8.76%|
|1 year (2021-01-26)||-13.76%|
|2 years (2020-01-24)||-9.94%|
|3 years (2019-01-25)||158.29%|
|5 years (2017-01-26)||137.28%|
Is Dynex Capital under- or over-valued?
Valuing Dynex Capital stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Dynex Capital's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Dynex Capital's P/E ratio
Dynex Capital's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 2x. In other words, Dynex Capital shares trade at around 2x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Dynex Capital financials
|Revenue TTM||$154.5 million|
|Operating margin TTM||83.29%|
|Gross profit TTM||$199.7 million|
|Return on assets TTM||3.92%|
|Return on equity TTM||2119.74%|
|Market capitalisation||$601.3 million|
TTM: trailing 12 months
Dynex Capital share dividends
Dividend payout ratio: 26.53% of net profits
Recently Dynex Capital has paid out, on average, around 26.53% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 9.86% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Dynex Capital shareholders could enjoy a 9.86% return on their shares, in the form of dividend payments. In Dynex Capital's case, that would currently equate to about $1.56 per share.
While Dynex Capital's payout ratio might seem fairly standard, it's worth remembering that Dynex Capital may be investing much of the rest of its net profits in future growth.
Dynex Capital's most recent dividend payout was on 31 January 2022. The latest dividend was paid out to all shareholders who bought their shares by 20 January 2022 (the "ex-dividend date").
Have Dynex Capital's shares ever split?
Dynex Capital's shares were split on a 1:3 basis on 20 June 2019. So if you had owned 3 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Dynex Capital shares – just the quantity. However, indirectly, the new 200% higher share price could have impacted the market appetite for Dynex Capital shares which in turn could have impacted Dynex Capital's share price.
Dynex Capital share price volatility
Over the last 12 months, Dynex Capital's shares have ranged in value from as little as $15.07 up to $19.3276. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Dynex Capital's is 1.2098. This would suggest that Dynex Capital's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Dynex Capital overview
Dynex Capital, Inc. , a mortgage real estate investment trust, invests in mortgage-backed securities (MBS) on a leveraged basis in the United States. It invests in agency and non-agency MBS consisting of residential MBS, commercial MBS (CMBS), and CMBS interest-only securities. Agency MBS have a guaranty of principal payment by an agency of the U. S. government or a U. S.
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Dynex Capital in the news
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Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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