Dynex Capital (DX) Set to Announce Earnings on Monday

Dynex Capital (NYSE:DXGet Free Report) is scheduled to be releasing its earnings data before the market opens on Monday, October 21st. Analysts expect Dynex Capital to post earnings of $0.29 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Dynex Capital (NYSE:DXGet Free Report) last posted its earnings results on Monday, July 22nd. The real estate investment trust reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.30). The company had revenue of $76.05 million for the quarter. Dynex Capital had a negative return on equity of 6.08% and a net margin of 4.63%. During the same quarter in the prior year, the company posted ($0.27) EPS. On average, analysts expect Dynex Capital to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Dynex Capital Price Performance

Shares of NYSE DX opened at $12.25 on Monday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.20 and a current ratio of 1.20. Dynex Capital has a fifty-two week low of $9.57 and a fifty-two week high of $13.13. The stock has a market cap of $915.20 million, a PE ratio of 204.17 and a beta of 1.33. The stock has a fifty day moving average of $12.43 and a 200-day moving average of $12.19.

Dynex Capital Announces Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, October 1st. Shareholders of record on Monday, September 23rd were issued a dividend of $0.13 per share. This represents a $1.56 dividend on an annualized basis and a yield of 12.73%. The ex-dividend date was Monday, September 23rd. Dynex Capital’s payout ratio is presently 2,600.00%.

Analysts Set New Price Targets

A number of research analysts have recently commented on DX shares. StockNews.com lowered shares of Dynex Capital from a “hold” rating to a “sell” rating in a research report on Wednesday, July 31st. JMP Securities reaffirmed a “market perform” rating on shares of Dynex Capital in a report on Wednesday, August 28th. One analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $13.35.

View Our Latest Analysis on Dynex Capital

About Dynex Capital

(Get Free Report)

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.

Featured Stories

Earnings History for Dynex Capital (NYSE:DX)

Receive News & Ratings for Dynex Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dynex Capital and related companies with MarketBeat.com's FREE daily email newsletter.