Dynex Capital (NYSE:DX) Price Target Raised to $15.25 at Jones Trading

Dynex Capital (NYSE:DX) had its target price hoisted by Jones Trading from $14.00 to $15.25 in a report issued on Tuesday morning,Benzinga reports. Jones Trading currently has a buy rating on the real estate investment trust’s stock.

Other equities research analysts have also recently issued research reports about the company. UBS Group set a $13.25 target price on Dynex Capital and gave the stock a “neutral” rating in a research note on Wednesday, October 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of Dynex Capital in a research note on Monday, December 29th. Finally, Keefe, Bruyette & Woods boosted their target price on shares of Dynex Capital from $14.00 to $14.50 and gave the company an “outperform” rating in a research report on Thursday, December 18th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $14.33.

Dynex Capital Trading Up 0.8%

NYSE:DX opened at $14.72 on Tuesday. Dynex Capital has a 52 week low of $10.79 and a 52 week high of $14.78. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.19 and a current ratio of 1.19. The firm’s fifty day moving average is $13.97 and its 200-day moving average is $13.21. The firm has a market cap of $2.16 billion, a P/E ratio of 7.22 and a beta of 0.98.

Dynex Capital (NYSE:DX) last announced its earnings results on Monday, January 26th. The real estate investment trust reported $0.22 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.26). The firm had revenue of $202.00 million for the quarter, compared to the consensus estimate of $59.41 million. Dynex Capital had a return on equity of 7.72% and a net margin of 59.80%. Equities analysts expect that Dynex Capital will post 1.94 earnings per share for the current year.

Dynex Capital Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, February 2nd. Investors of record on Wednesday, January 21st will be issued a $0.17 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 13.9%. The ex-dividend date is Wednesday, January 21st. Dynex Capital’s dividend payout ratio (DPR) is currently 137.84%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of DX. Intech Investment Management LLC grew its holdings in shares of Dynex Capital by 2.0% during the third quarter. Intech Investment Management LLC now owns 46,370 shares of the real estate investment trust’s stock valued at $570,000 after buying an additional 900 shares during the last quarter. GAMMA Investing LLC boosted its stake in Dynex Capital by 98.5% during the 4th quarter. GAMMA Investing LLC now owns 1,870 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 928 shares during the last quarter. Brevan Howard Capital Management LP boosted its stake in Dynex Capital by 2.1% during the 3rd quarter. Brevan Howard Capital Management LP now owns 52,725 shares of the real estate investment trust’s stock valued at $648,000 after purchasing an additional 1,074 shares during the last quarter. Lido Advisors LLC increased its holdings in Dynex Capital by 2.3% during the 3rd quarter. Lido Advisors LLC now owns 53,321 shares of the real estate investment trust’s stock worth $664,000 after purchasing an additional 1,179 shares in the last quarter. Finally, Signaturefd LLC raised its stake in shares of Dynex Capital by 84.8% in the fourth quarter. Signaturefd LLC now owns 3,290 shares of the real estate investment trust’s stock worth $46,000 after purchasing an additional 1,510 shares during the last quarter. Institutional investors and hedge funds own 38.34% of the company’s stock.

Key Stories Impacting Dynex Capital

Here are the key news stories impacting Dynex Capital this week:

• Positive Sentiment: Jones Trading raised its price target to $15.25 and kept a “buy” rating, giving visible analyst support that likely helped the stock. Benzinga
• Positive Sentiment: Company presentation and earnings-call coverage highlighted “record economic returns,” stronger net interest income and a strategic growth wave led by enhanced leadership — messaging that supports upside expectations for future earnings and dividends. TipRanks: Earnings Call Highlights
• Neutral Sentiment: Detailed materials — the Q4 slide deck and full earnings-call transcript — are available for investors who want to dig into drivers (portfolio yields, mortgage pipeline, book value trends and capital actions). Use these to verify management’s outlook and assumptions. Seeking Alpha Transcript
• Negative Sentiment: Reported EPS of $0.22 missed the consensus $0.48, and some outlets framed the quarter as a “slip” due to higher expenses — a headline risk that can cap near-term upside despite strong revenue and NII figures. MarketBeat: Earnings Summary

Dynex Capital Company Profile

Dynex Capital, Inc is a mortgage real estate investment trust (REIT) that specializes in acquiring and managing mortgage-related assets. The company’s primary business involves investing in residential mortgage-backed securities (RMBS), including agency-backed pools issued or guaranteed by government-sponsored entities such as Fannie Mae, Freddie Mac and Ginnie Mae, as well as selected non-agency RMBS. Dynex Capital seeks to generate net interest income by earning interest on its portfolio while employing leverage through secured repurchase agreements and other debt facilities.

In pursuing its investment objectives, Dynex Capital manages portfolio duration and interest rate exposures, with a focus on preserving capital and optimizing yield over the economic cycle.