Dynex Capital (DX) to Release Quarterly Earnings on Monday

Dynex Capital (NYSE:DX) will release 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. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Dynex Capital (NYSE:DX) last released its quarterly earnings data 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 firm 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 period in the prior year, the firm 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 Stock Performance

NYSE:DX opened at $12.63 on Friday. The company’s 50-day moving average is $12.47 and its two-hundred day moving average is $12.20. The firm has a market capitalization of $810.95 million, a price-to-earnings ratio of 10.79 and a beta of 1.33. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.20 and a quick ratio of 1.20. Dynex Capital has a 1-year low of $9.57 and a 1-year high of $13.13.

Dynex Capital Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, November 1st. Shareholders of record on Friday, October 25th will be paid a dividend of $0.13 per share. The ex-dividend date is Friday, October 25th. This represents a $1.56 annualized dividend and a yield of 12.35%. Dynex Capital’s dividend payout ratio (DPR) is 133.33%.

Wall Street Analyst Weigh In

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

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.