How to Buy Dynex Capital Stock
Dynex Capital Inc
Dynex Capital is a mortgage REIT company located in Virginia, United States, which is part of the Real Estate sector, and is traded under the ticker DX on the NYSE exchange.
Dynex Capital stock last closed at $11.92, up 2.23% from the previous day, and has increased 2.58% in one year. It has overperformed other stocks in the REIT - Mortgage industry by 0.03 percentage points. Dynex Capital stock is currently +24.56% from its 52-week low of $9.57, and -12.06% from its 52-week high of $13.56.
There are currently 64.16M DX shares outstanding. The market capitalization of DX is $764.80M. In the last 24 hours, 1.01M DX shares were traded.
How to Buy Dynex Capital Stock
Wondering how to invest in Dynex Capital stock? Here's how.
- Choose where to buy Dynex Capital stock: You need to choose an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you figure out where to buy Dynex Capital stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your investment account: Select your payment method and add your details.
- Research Dynex Capital stock: The Dynex Capital ticker symbol is DX. Is Dynex Capital stock a good investment? Should you buy shares of DX? How do DX's underlying business fundamentals look? Do top analysts think Dynex Capital is a good buy? Why has DX's stock price moved recently? (Hint: Our stock market research tools can help you figure out if DX is a good stock to buy).
- Place your DX trade: Decide if you will purchase DX shares at the current market price or use a limit order to buy DX shares at a given price.
- Monitor your investment in DX: Create a watchlist to important notifications about your investment in Dynex Capital shares.
Step 1: Choose where to buy Dynex Capital stock
You need an online brokerage account in order to access the NYSE market and buy DX shares.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen your brokerage, you need to fill out some personal information so you are able to buy DX stock today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to create your new brokerage account.
- Submit your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have opened your account on the best investment app, you can securely and quickly fund your account:
Watch the video below to see the process of depositing money into your new brokerage account.
Step 4: Research Dynex Capital stock
Once you have chosen the best place to buy Dynex Capital stock, it's crucial to research their stock prior to investing, so you actually wrap your head around the risk as well as the upside.
Dynex Capital shares data
Fundamentals of DX
WallStreetZen was designed to help average investors do more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on DX's stock page.
Is DX stock overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge DX's fair value.
Using relative valuations measures:
- DX could be undervalued based on its P/E ratio of 9.77x, relative to REIT - Mortgage industry P/E ratio of 61.83x
- DX could be overvalued based on its P/B ratio of 0.8x, relative to REIT - Mortgage industry P/B ratio of 0.72x
You can do additional valuation research on DX's stock here.
A look at DX Cashflows and Balance Sheet
Positive Financial Indicators:
- DX profit margin has gone up from -124.2% to 59% in the past year.
- DX earnings of $75.71M is not enough to cover its interest payments.
- Total DX debt is lower than 5 years ago, relative to shareholder equity.
Negative Financial Indicators:
- DX's operating cash flow of $41.36M allows it to safely service it's debt of $5.28B.
- DX has a relatively high debt to equity ratio of 5.58.
Is it a good time to buy Dynex Capital stock, according to Wall Street analysts?
Out of 4 sell side analysts who give ratings on DX, the consensus analyst rating on Dynex Capital is a Strong Buy
Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Dynex Capital stock forecast page.
DX Trading Indicators
Is DX Growing Revenue?
Last year, DX earnings were $68.02M. Over the last 3 year, DX's earnings have increased by -97.34% per year. This was slower than the REIT - Mortgage industry average of -15.05%.
Last year, DX revenue was $115.28M. Over the last 3 year, DX's revenue has increased by -89.8% per year. This was slower than the REIT - Mortgage industry average of 2.65%.
You can analyze DX's earnings and revenue performance here.
What are DX insiders up to?
Over the past year, executives and large shareholders at DX have sold more shares than they have bought.
Byron L. Boston, CEO and Chairman of the Board of DX, was the latest DX insider to sell. They sold $48,037.50 worth of DX shares on Mar 10, 2024.
Dig into more about who owns DX stock here.
Can I rely on DX as an income stream?
Dynex Capital pays a dividend of 13.09%, compared to the REIT - Mortgage industry's average dividend yield of 13.54%. If you owned $1,000 of DX stock, you would have received $130.87 in the past year.
Dynex Capital dividend payments have not consistently grown over the past decade and have not remained stable.
Dig into more info about Dynex Capital dividend yield and history here.
What others are saying about DX
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Place your DX trade
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually the easiest way to buy. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a specific price limit, place a limit order.
Hit the Open Trade button and your broker will place the order.
If you require additional help buying stocks on eToro, click the how to video below:
Step 6: Monitor your investment in DX
Now that you own some DX stock, you'll want to stay up-to-date on your new shares.
Add DX to a watchlist to track the latest developments regarding your DX stock.
DX Feed
How to Buy Stock in Dynex Capital
To summarize, here are the 6 steps you need to take to buy Dynex Capital stock right now:
- Choose where to buy Dynex Capital stock
- Open a brokerage account
- Fund your investment account
- Research Dynex Capital stock
- Place your DX trade
- Monitor your investment in DX
If you need a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to keep an eye on your investment in Dynex Capital, create your watchlist below.
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