Dynex Capital (NYSE:DX - Get Free Report) posted its quarterly earnings data on Monday. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.14 by $0.06, Zacks reports. 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 the consensus estimate of $11.41 million.
Dynex Capital Stock Performance
NYSE DX traded up $0.26 on Friday, hitting $12.24. 3,211,629 shares of the stock were exchanged, compared to its average volume of 2,278,769. The company has a market capitalization of $1.18 billion, a PE ratio of 8.33 and a beta of 1.14. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.20 and a quick ratio of 1.20. The business's fifty day moving average is $13.06 and its 200 day moving average is $12.79. Dynex Capital has a 52 week low of $10.79 and a 52 week high of $14.52.
Dynex Capital Announces Dividend
The company also recently announced a monthly dividend, which will be paid on Thursday, May 1st. Investors of record on Wednesday, April 23rd will be issued a dividend of $0.17 per share. The ex-dividend date is Wednesday, April 23rd. This represents a $2.04 dividend on an annualized basis and a yield of 16.67%. Dynex Capital's payout ratio is 264.94%.
Analyst Upgrades and Downgrades
Several equities analysts have recently weighed in on DX shares. StockNews.com cut shares of Dynex Capital from a "hold" rating to a "sell" rating in a research note on Thursday. JMP Securities reaffirmed a "market perform" rating on shares of Dynex Capital in a research report on Thursday, January 23rd. Keefe, Bruyette & Woods lowered their price target on shares of Dynex Capital from $13.25 to $12.50 and set an "outperform" rating on the stock in a research note on Tuesday, April 8th. Finally, Jones Trading reduced their price objective on shares of Dynex Capital from $13.25 to $12.50 and set a "buy" rating for the company in a research note on Monday, April 21st. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $12.83.
View Our Latest Analysis on DX
About Dynex Capital
(
Get Free Report)
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.
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