Dynex Capital (DX) to Release Quarterly Earnings on Monday

Dynex Capital (NYSE:DX - Get Free Report) is anticipated to release its Q2 2025 earnings data before the market opens on Monday, July 21st. Analysts expect Dynex Capital to post earnings of $0.49 per share and revenue of $21.20 million for the quarter.

Dynex Capital (NYSE:DX - Get Free Report) last released its quarterly earnings data on Monday, April 21st. The real estate investment trust reported $0.20 EPS for the quarter, beating the consensus estimate of $0.14 by $0.06. Dynex Capital had a net margin of 20.61% and a return on equity of 1.59%. The firm had revenue of $17.13 million for the quarter, compared to the consensus estimate 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 Price Performance

Dynex Capital stock traded down $0.12 during midday trading on Tuesday, hitting $12.48. The company's stock had a trading volume of 3,367,913 shares, compared to its average volume of 2,726,307. The company has a market cap of $1.34 billion, a price-to-earnings ratio of 16.20 and a beta of 0.92. Dynex Capital has a 1-year low of $10.79 and a 1-year high of $14.52. The company has a 50-day moving average price of $12.30 and a two-hundred day moving average price of $12.72.

Dynex Capital Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, August 1st. Shareholders of record on Wednesday, July 23rd will be issued a $0.17 dividend. The ex-dividend date of this dividend is Wednesday, July 23rd. This represents a $2.04 dividend on an annualized basis and a yield of 16.35%. Dynex Capital's payout ratio is presently 264.94%.

Analyst Upgrades and Downgrades

DX has been the subject of a number of analyst reports. Jones Trading lowered their price target on Dynex Capital from $13.25 to $12.50 and set a "buy" rating for the company in a research report on Monday, April 21st. Wall Street Zen downgraded shares of Dynex Capital from a "hold" rating to a "sell" rating in a report on Thursday, April 24th. UBS Group reissued a "neutral" rating and issued a $12.50 price target (up from $11.00) on shares of Dynex Capital in a report on Thursday, July 10th. Finally, Keefe, Bruyette & Woods boosted their target price on Dynex Capital from $12.50 to $13.00 and gave the stock an "outperform" rating in a research report on Thursday, July 10th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, Dynex Capital has an average rating of "Hold" and an average target price of $12.67.

Hedge Funds Weigh In On Dynex Capital

A hedge fund recently raised its stake in Dynex Capital stock. AQR Capital Management LLC lifted its holdings in Dynex Capital, Inc. (NYSE:DX - Free Report) by 54.6% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 103,183 shares of the real estate investment trust's stock after purchasing an additional 36,455 shares during the period. AQR Capital Management LLC owned approximately 0.10% of Dynex Capital worth $1,343,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 38.34% of the company's stock.

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.