Dynex Capital (DX) Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Dynex Capital in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" DX shares.
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3 equities research analysts have issued 1 year price targets for Dynex Capital's stock. Their DX share price forecasts range from $13.00 to $15.50. On average, they predict the company's stock price to reach $14.44 in the next year. This suggests a possible upside of 32.3% from the stock's current price.
View analysts price targets for DX or view top-rated stocks among Wall Street analysts.

Dynex Capital's stock was trading at $12.72 at the beginning of 2023. Since then, DX shares have decreased by 14.2% and is now trading at $10.91.
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Dynex Capital saw a increase in short interest in May. As of May 15th, there was short interest totaling 2,800,000 shares, an increase of 19.1% from the April 30th total of 2,350,000 shares. Based on an average daily volume of 1,020,000 shares, the days-to-cover ratio is currently 2.7 days.
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The company is scheduled to release its next quarterly earnings announcement on Monday, July 24th 2023.
View our DX earnings forecast.

Dynex Capital, Inc. (NYSE:DX) announced its quarterly earnings results on Monday, April, 24th. The real estate investment trust reported ($0.16) earnings per share for the quarter, missing the consensus estimate of $0.23 by $0.39. The real estate investment trust earned $30.85 million during the quarter. Dynex Capital had a negative net margin of 15.75% and a positive trailing twelve-month return on equity of 3.46%. During the same period in the previous year, the business posted $0.44 EPS.

Dynex Capital declared a monthly dividend on Friday, May 12th. Investors of record on Monday, May 22nd will be given a dividend of $0.13 per share on Thursday, June 1st. This represents a $1.56 annualized dividend and a dividend yield of 14.30%. The ex-dividend date is Friday, May 19th.
Read our dividend analysis for DX.

ETFs with the largest weight of Dynex Capital (NYSE:DX) stock in their portfolio include Invesco KBW High Dividend Yield Financial ETF (KBWD), VanEck Mortgage REIT Income ETF (MORT), iShares Mortgage Real Estate ETF (REM), First Trust Dow Jones Select Microcap Index Fund (FDM), Global X SuperDividend ETF (SDIV), RiverFront Dynamic US Dividend Advantage ETF (RFDA), iShares Micro-Cap ETF (IWC) and iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV).

Dynex Capital (NYSE:DX) pays an annual dividend of $1.56 per share and currently has a dividend yield of 14.30%. DX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for DX.

Dynex Capital's stock reverse split on 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 stock prior to the reverse split would have 33 shares after the split.

Based on aggregate information from My MarketBeat watchlists, some companies that other Dynex Capital investors own include Annaly Capital Management (NLY), Energy Transfer (ET), NGL Energy Partners (NGL), AGNC Investment (AGNC), New Residential Investment (NRZ), Chimera Investment (CIM), New York Mortgage Trust (NYMT), Cherry Hill Mortgage Investment (CHMI), Enterprise Products Partners (EPD) and ARMOUR Residential REIT (ARR).

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

Dynex Capital's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.64%), Balyasny Asset Management L.P. (2.65%), Victory Capital Management Inc. (2.58%), State Street Corp (2.28%), Schonfeld Strategic Advisors LLC (2.07%) and Geode Capital Management LLC (1.85%). Insiders that own company stock include Byron L Boston, Jeffrey L Childress, Robert S Colligan, Smriti Laxman Popenoe and Stephen J Benedetti.
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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.
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One share of DX stock can currently be purchased for approximately $10.91.

Dynex Capital (NYSE:DX) has a market capitalization of $590.34 million and generates $86.69 million in revenue each year. The real estate investment trust earns $143.16 million in net income (profit) each year or ($0.34) on an earnings per share basis.

Dynex Capital's mailing address is 4991 Lake Brook Drive Suite 100, GLEN ALLEN VA, 23060. The official website for the company 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.