Dynex Capital - DX Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Dynex Capital in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" DX shares.
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4 brokers have issued 12-month price targets for Dynex Capital's stock. Their DX share price forecasts range from $13.00 to $19.00. On average, they anticipate the company's stock price to reach $16.06 in the next twelve months. This suggests a possible upside of 22.9% from the stock's current price.
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Dynex Capital's stock was trading at $16.71 at the beginning of 2022. Since then, DX stock has decreased by 21.8% and is now trading at $13.07.
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Dynex Capital saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 2,140,000 shares, an increase of 25.1% from the October 31st total of 1,710,000 shares. Based on an average trading volume of 1,180,000 shares, the short-interest ratio is currently 1.8 days.
View Dynex Capital's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 2nd 2023.
View our DX earnings forecast.

Dynex Capital, Inc. (NYSE:DX) announced its quarterly earnings results on Monday, October, 24th. The real estate investment trust reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by $0.08. Dynex Capital had a net margin of 155.60% and a trailing twelve-month return on equity of 9.16%. During the same period last year, the firm posted $0.35 earnings per share.

Dynex Capital declared a monthly dividend on Friday, November 11th. Investors of record on Monday, November 21st will be paid a dividend of $0.13 per share on Thursday, December 1st. This represents a $1.56 dividend on an annualized basis and a yield of 11.94%. The ex-dividend date of this dividend is Friday, November 18th.
Read our dividend analysis for DX.

Dynex Capital (NYSE:DX) pays an annual dividend of $1.56 per share and currently has a dividend yield of 12.23%. DX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 50.98%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, DX will have a dividend payout ratio of 120.00% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for DX.

Dynex Capital shares 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 market closes 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 many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.81%), Vanguard Group Inc. (4.76%), Balyasny Asset Management LLC (3.15%), State Street Corp (2.05%), Jupiter Asset Management Ltd. (1.97%) and Marshall Wace LLP (1.35%). Insiders that own company stock include Barry Igdaloff, Byron L Boston, Jeffrey L Childress, Robert S Colligan, Smriti Laxman Popenoe and Stephen J Benedetti.
View institutional ownership trends.

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 $13.07.

Dynex Capital (NYSE:DX) has a market capitalization of $605.79 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 $3.06 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.