Dynex Capital (DX) Projected to Post Earnings on Monday

Dynex Capital (NYSE:DX - Get Free Report) is expected to announce its Q1 2025 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.

Dynex Capital (NYSE:DX - Get Free Report) last announced its quarterly earnings data on Monday, April 21st. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.06. Dynex Capital had a negative return on equity of 2.24% and a net margin of 35.65%. The business had revenue of $17.13 million during the quarter, compared to analysts' expectations of $11.41 million. 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 Up 0.3 %

Shares of DX stock traded up $0.04 during trading hours on Wednesday, reaching $11.85. 5,229,551 shares of the stock were exchanged, compared to its average volume of 2,261,832. The business's fifty day moving average is $13.12 and its two-hundred day moving average is $12.79. The firm has a market capitalization of $1.14 billion, a P/E ratio of 8.06 and a beta of 1.14. Dynex Capital has a 12-month low of $10.79 and a 12-month high of $14.52. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.20 and a quick 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 $0.17 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 17.22%. The ex-dividend date is Wednesday, April 23rd. Dynex Capital's dividend payout ratio is presently 138.78%.

Wall Street Analyst Weigh In

DX has been the subject of a number of analyst reports. StockNews.com upgraded shares of Dynex Capital from a "sell" rating to a "hold" rating in a research note on Friday, January 31st. JMP Securities reiterated a "market perform" rating on shares of Dynex Capital in a research note on Thursday, January 23rd. Keefe, Bruyette & Woods reduced their price objective on shares of Dynex Capital from $13.25 to $12.50 and set an "outperform" rating for the company in a research report on Tuesday, April 8th. Finally, Jones Trading dropped their target price on shares of Dynex Capital from $13.25 to $12.50 and set a "buy" rating on the stock in a research report on Monday. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Dynex Capital currently has an average rating of "Moderate Buy" and a consensus price target of $12.83.

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.