- Dynex Capital (DX, Financial) is set to release first-quarter earnings on April 21st, with analysts predicting an EPS of $0.37.
- The stock's average one-year price target suggests an 18.89% upside potential.
- GuruFocus estimates indicate a potential downside from the current price in terms of GF Value.
Dynex Capital (DX) is on the brink of unveiling its first-quarter earnings results on April 21st, before the opening bell. Analysts are forecasting an earnings per share (EPS) of $0.37, marking a significant 42.2% decline compared to the previous year. The projected revenue stands at $11.41 million. Notably, Dynex Capital has outperformed EPS expectations 75% of the time over the past two years, showcasing a pattern of resilience.
Wall Street Analysts Forecast
According to price targets set by six analysts, the average projected price for Dynex Capital Inc (DX, Financial) over the next year is $13.88. This comes with a high estimate of $16.00 and a low of $11.00, indicating an exciting upside potential of 18.89% from the current trading price of $11.67. Investors keen on delving into detailed estimate data can explore more on the Dynex Capital Inc (DX) Forecast page.
Market Sentiment: Based on the consensus from seven brokerage firms, Dynex Capital Inc's average brokerage recommendation stands at 1.9, suggesting an "Outperform" position. The recommendation scale ranges from 1 (Strong Buy) to 5 (Sell), positioning Dynex Capital favorably in investors’ eyes.
The GF Value Perspective
From GuruFocus' perspective, the estimated GF Value for Dynex Capital Inc (DX, Financial) in a year is $8.31. This forecast indicates a potential downside of 28.79% from its current price of $11.67. The GF Value is a proprietary metric that assesses a stock’s fair value based on historical trading multiples, past growth trends, and future business performance projections. Detailed insights are available on the Dynex Capital Inc (DX) Summary page.
Investors should weigh these insights to make informed decisions regarding Dynex Capital's stock potential as it approaches its earnings announcement.