Dynex Capital (DX) Set to Announce Quarterly Earnings Soon

Dynex Capital (NYSE:DX – Get Free Report) is scheduled to disclose its quarterly earnings results on Monday, January 27th, before the market opens. Analysts predict that the company will report earnings of $0.38 per share for the upcoming quarter. Individuals interested in participating in the conference call can access it through the provided link.

Dynex Capital Stock Performance

The shares of Dynex Capital opened at $12.65 on the previous Friday. Over the past year, the stock has reached a low of $11.36 and a high of $13.13. Currently, the company displays a 50-day simple moving average of $12.55 and a 200-day simple moving average of $12.45. With a market capitalization of $1.00 billion, the company holds a P/E ratio of 10.04 and has a beta of 1.30. Its debt-to-equity ratio is low at 0.01, and both the quick ratio and current ratio stand at 1.20.

Dividends from Dynex Capital

The firm has also recently declared a monthly dividend, set to be distributed on Monday, February 3rd. Shareholders who were on record as of Thursday, January 23rd, will receive a $0.15 dividend per share. The ex-dividend date was also January 23rd. This dividend reflects an annualized total of $1.80, translating into a dividend yield of 14.23%. Currently, Dynex Capital has a payout ratio of 142.86%.

Analyst Recommendations

In a recent research note, JMP Securities reaffirmed a “market perform” rating for Dynex Capital shares. The analysts’ assessments indicate that one analyst rates the stock as a sell, one as a hold, and four as a buy. According to MarketBeat.com, the consensus rating for the stock is categorized as a “Moderate Buy” with an average price target of $13.56.

About Dynex Capital

Dynex Capital, Inc. is a mortgage real estate investment trust (REIT) that invests in mortgage-backed securities (MBS) predominantly within the United States. The company actively engages in both agency and non-agency MBS, covering a range of investments such as residential MBS and commercial MBS (CMBS) as well as CMBS interest-only securities. Agency MBS are guaranteed with principal payments by a recognized agency of the U.S. government.

Earnings, Stocks, Dividends