S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
What's in Democrats' big bill? Climate, health care, savings
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
What's in Democrats' big bill? Climate, health care, savings
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
What's in Democrats' big bill? Climate, health care, savings
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
What's in Democrats' big bill? Climate, health care, savings
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
NYSE:DX

Dynex Capital - DX Stock Forecast, Price & News

$16.29
-0.06 (-0.37%)
(As of 08/5/2022 12:00 AM ET)
Add
Compare
Today's Range
$16.22
$16.42
50-Day Range
$14.04
$16.84
52-Week Range
$13.96
$18.15
Volume
836,509 shs
Average Volume
968,392 shs
Market Capitalization
$725.23 million
P/E Ratio
3.64
Dividend Yield
9.58%
Price Target
$18.25

Dynex Capital MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
12.0% Upside
$18.25 Price Target
Short Interest
Healthy
2.96% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.54mentions of Dynex Capital in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$151,058 Bought Last Quarter
Proj. Earnings Growth
-1.21%
From $1.65 to $1.63 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.62 out of 5 stars

Finance Sector

537th out of 1,176 stocks

Real Estate Investment Trusts Industry

104th out of 215 stocks

DX stock logo

About Dynex Capital (NYSE:DX) Stock

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. government or a U.S. government-sponsored entity, such as Fannie Mae and Freddie Mac. Non-Agency MBS have no such guaranty of payment. The company has qualified as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was incorporated in 1987 and is headquartered in Glen Allen, Virginia.

Analysts Set New Price Targets

DX has been the topic of a number of analyst reports. Keefe, Bruyette & Woods upgraded shares of Dynex Capital from a "market perform" rating to an "outperform" rating and lifted their target price for the stock from $17.00 to $18.75 in a research report on Wednesday, June 8th. Credit Suisse Group raised their price target on shares of Dynex Capital to $17.00 in a report on Friday, July 22nd. Finally, Jonestrading cut their price target on shares of Dynex Capital from $20.00 to $19.00 in a report on Thursday, April 28th.

Dynex Capital Trading Down 0.4 %

Dynex Capital stock traded down $0.06 during trading hours on Friday, reaching $16.29. The stock had a trading volume of 836,509 shares, compared to its average volume of 968,392. The stock has a market cap of $725.23 million, a PE ratio of 3.64 and a beta of 1.02. Dynex Capital has a 52 week low of $13.96 and a 52 week high of $18.15. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.41 and a quick ratio of 1.29. The company has a fifty day simple moving average of $16.03 and a 200-day simple moving average of $16.00.

Dynex Capital (NYSE:DX - Get Rating) last announced its earnings results on Monday, July 25th. The real estate investment trust reported $0.40 earnings per share for the quarter, missing analysts' consensus estimates of $0.43 by ($0.03). Dynex Capital had a net margin of 254.84% and a return on equity of 9.33%. During the same quarter in the prior year, the business posted $0.51 EPS. Analysts forecast that Dynex Capital will post 1.65 EPS for the current fiscal year.

Dynex Capital Announces Dividend

The business also recently announced a monthly dividend, which was paid on Monday, August 1st. Stockholders of record on Friday, July 22nd were paid a dividend of $0.13 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 9.58%. The ex-dividend date of this dividend was Thursday, July 21st. Dynex Capital's payout ratio is 34.82%.

Insider Activity

In related news, CEO Byron L. Boston bought 2,000 shares of the business's stock in a transaction dated Friday, May 13th. The shares were purchased at an average price of $16.00 per share, with a total value of $32,000.00. Following the purchase, the chief executive officer now owns 394,951 shares of the company's stock, valued at approximately $6,319,216. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. In other Dynex Capital news, CEO Byron L. Boston purchased 6,562 shares of the stock in a transaction that occurred on Monday, June 13th. The stock was bought at an average cost of $15.25 per share, with a total value of $100,070.50. Following the transaction, the chief executive officer now directly owns 388,134 shares in the company, valued at approximately $5,919,043.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Byron L. Boston purchased 2,000 shares of the stock in a transaction that occurred on Friday, May 13th. The shares were acquired at an average cost of $16.00 per share, with a total value of $32,000.00. Following the completion of the transaction, the chief executive officer now owns 394,951 shares in the company, valued at $6,319,216. The disclosure for this purchase can be found here. In the last 90 days, insiders have purchased 9,729 shares of company stock valued at $151,058. Corporate insiders own 2.50% of the company's stock.

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DX Stock News Headlines

Dynex Capital's Earnings Outlook
Dynex Capital (NYSE:DX) PT Raised to $17.00
Dynex Capital (DX) to Release Quarterly Earnings on Monday
Dynex Capital (NYSE:DX) Stock Price Down 2.9%
Dynex Capital, Inc. Announces CFO Leadership Transition
Dynex Capital Reports In-Line Q1 EPS
Dynex Capital Q1 2022 Earnings Preview
Dynex Capital, Inc. to Announce First Quarter 2022 Results
See More Headlines
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DX Company Calendar

Ex-Dividend for 7/1 Dividend
6/23/2022
Dividend Payable
7/01/2022
Ex-Dividend for 8/1 Dividend
7/21/2022
Last Earnings
7/25/2022
Dividend Payable
8/01/2022
Today
8/07/2022
Next Earnings (Estimated)
10/26/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Mortgage REITs
Sector
Finance
CUSIP
26817Q50
Employees
19
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$18.25
High Stock Price Forecast
$19.00
Low Stock Price Forecast
$17.00
Forecasted Upside/Downside
+12.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$102.26 million
Pretax Margin
254.84%

Debt

Sales & Book Value

Annual Sales
$60.05 million
Cash Flow
$6.08 per share
Book Value
$16.50 per share

Miscellaneous

Free Float
43,404,000
Market Cap
$725.23 million
Optionable
Optionable
Beta
1.02














DX Stock - Frequently Asked Questions

Should I buy or sell Dynex Capital stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dynex Capital in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Dynex Capital stock.
View analyst ratings for Dynex Capital
or view top-rated stocks.

What is Dynex Capital's stock price forecast for 2022?

3 brokerages have issued 1 year price targets for Dynex Capital's shares. Their DX stock forecasts range from $17.00 to $19.00. On average, they anticipate Dynex Capital's share price to reach $18.25 in the next twelve months. This suggests a possible upside of 12.0% from the stock's current price.
View analysts' price targets for Dynex Capital
or view top-rated stocks among Wall Street analysts.

How has Dynex Capital's stock price performed in 2022?

Dynex Capital's stock was trading at $16.71 at the start of the year. Since then, DX shares have decreased by 2.5% and is now trading at $16.29.
View the best growth stocks for 2022 here
.

When is Dynex Capital's next earnings date?

Dynex Capital is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our earnings forecast for Dynex Capital
.

How were Dynex Capital's earnings last quarter?

Dynex Capital, Inc. (NYSE:DX) issued its quarterly earnings results on Monday, July, 25th. The real estate investment trust reported $0.40 earnings per share for the quarter, missing the consensus estimate of $0.43 by $0.03. Dynex Capital had a trailing twelve-month return on equity of 9.33% and a net margin of 254.84%. During the same quarter last year, the firm posted $0.51 EPS.

How often does Dynex Capital pay dividends? What is the dividend yield for Dynex Capital?

Dynex Capital announced a monthly dividend on Wednesday, July 13th. Stockholders of record on Friday, July 22nd will be paid a dividend of $0.13 per share on Monday, August 1st. This represents a $1.56 dividend on an annualized basis and a dividend yield of 9.58%. The ex-dividend date is Thursday, July 21st.
View Dynex Capital's dividend history
.

Is Dynex Capital a good dividend stock?

Dynex Capital(NYSE:DX) pays an annual dividend of $1.56 per share and currently has a dividend yield of 9.58%. DX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Dynex Capital is 34.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, Dynex Capital will have a dividend payout ratio of 95.71% in the coming year. This indicates that Dynex Capital may not be able to sustain their current dividend.
View Dynex Capital's dividend history.

When did Dynex Capital's stock split? How did Dynex Capital's stock split work?

Shares of Dynex Capital reverse split on the morning of Friday, June 21st 2019. The 1-3 reverse split was announced on Thursday, June 6th 2019. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, June 20th 2019. An investor that had 100 shares of Dynex Capital stock prior to the reverse split would have 33 shares after the split.

What other stocks do shareholders of Dynex Capital own?

What is Dynex Capital's stock symbol?

Dynex Capital trades on the New York Stock Exchange (NYSE) under the ticker symbol "DX."

Who are Dynex Capital's major shareholders?

Dynex Capital's stock is owned by many different institutional and retail investors. Top institutional investors include Leeward Investments LLC MA (1.17%), Van ECK Associates Corp (0.62%), Victory Capital Management Inc. (0.25%), Ziegler Capital Management LLC (0.23%), Roosevelt Investment Group LLC (0.17%) and Los Angeles Capital Management LLC (0.12%). Company insiders that own Dynex Capital stock include Barry Igdaloff, Byron L Boston, Jeffrey L Childress, Smriti Laxman Popenoe and Stephen J Benedetti.
View institutional ownership trends for Dynex Capital
.

How do I buy shares of Dynex Capital?

Shares of DX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Dynex Capital's stock price today?

One share of DX stock can currently be purchased for approximately $16.29.

How much money does Dynex Capital make?

Dynex Capital (NYSE:DX) has a market capitalization of $725.23 million and generates $60.05 million in revenue each year. The real estate investment trust earns $102.26 million in net income (profit) each year or $4.48 on an earnings per share basis.

How many employees does Dynex Capital have?

Dynex Capital employs 19 workers across the globe.

How can I contact Dynex Capital?

Dynex Capital's mailing address is 4991 Lake Brook Drive Suite 100, GLEN ALLEN VA, 23060. The official website for Dynex Capital is www.dynexcapital.com. The real estate investment trust can be reached via phone at (804) 217-5800, via email at askdx@dynexcapital.com, or via fax at 804-217-5860.

This page (NYSE:DX) was last updated on 8/7/2022 by MarketBeat.com Staff

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