Dynex Capital (DX) Expected to Announce Quarterly Earnings on Monday

Dynex Capital (NYSE:DX) will likely be posting its quarterly earnings results before the market opens on Monday, April 21st. Analysts expect Dynex Capital to post earnings of $0.14 per share and revenue of $11.41 million for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Dynex Capital (NYSE:DX) last posted its quarterly earnings data on Monday, January 27th. The real estate investment trust reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.28). Dynex Capital had a net margin of 35.65% and a negative return on equity of 2.24%. On average, analysts expect Dynex Capital to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Dynex Capital Stock Performance

NYSE DX opened at $11.67 on Friday. The business’s 50 day moving average price is $13.23 and its 200-day moving average price is $12.80. Dynex Capital has a fifty-two week low of $10.79 and a fifty-two week high of $14.52. The company has a market cap of $1.12 billion, a P/E ratio of 7.94 and a beta of 1.14. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.20 and a current ratio of 1.20.

Dynex Capital Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, May 1st. Shareholders of record on Wednesday, April 23rd will be given a dividend of $0.17 per share. This represents a $2.04 dividend on an annualized basis and a yield of 17.48%. The ex-dividend date of this dividend is Wednesday, April 23rd. Dynex Capital’s dividend payout ratio (DPR) is 138.78%.

Analyst Ratings Changes

DX has been the subject of several analyst reports. JMP Securities restated a “market perform” rating on shares of Dynex Capital in a report on Thursday, January 23rd. StockNews.com upgraded Dynex Capital from a “sell” rating to a “hold” rating in a research report on Friday, January 31st. Finally, Keefe, Bruyette & Woods reduced their price target on Dynex Capital from $13.25 to $12.50 and set an “outperform” rating on the stock in a report on Tuesday, April 8th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $13.33.

About Dynex Capital

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.