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 Wall Street analysts have issued twelve-month price targets for Dynex Capital's shares. 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 23.4% from the stock's current price.
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Dynex Capital's stock was trading at $12.72 at the start of the year. Since then, DX shares have decreased by 8.0% and is now trading at $11.70.
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Dynex Capital saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 1,690,000 shares, an increase of 8.3% from the February 13th total of 1,560,000 shares. Based on an average trading volume of 1,040,000 shares, the short-interest ratio is presently 1.6 days.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023.
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Dynex Capital, Inc. (NYSE:DX) announced its quarterly earnings results on Monday, January, 30th. The real estate investment trust reported $0.03 earnings per share for the quarter, missing analysts' consensus estimates of $0.23 by $0.20. The real estate investment trust had revenue of $30.53 million for the quarter. Dynex Capital had a net margin of 165.13% and a trailing twelve-month return on equity of 6.99%. During the same period last year, the firm posted $0.33 EPS.

Dynex Capital announced a monthly dividend on Monday, March 13th. Investors of record on Tuesday, March 21st will be given a dividend of $0.13 per share on Monday, April 3rd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 13.33%. The ex-dividend date is Monday, March 20th.
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) and iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV).iShares Micro-Cap ETF (IWC).

Dynex Capital (NYSE:DX) pays an annual dividend of $1.56 per share and currently has a dividend yield of 13.36%. DX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 43.58%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, DX will have a dividend payout ratio of 135.65% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for DX.

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 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 a variety of institutional and retail investors. Top institutional shareholders include JPMorgan Chase & Co. (3.24%), Mirae Asset Global Investments Co. Ltd. (2.36%), Jupiter Asset Management Ltd. (2.08%), Millennium Management LLC (2.01%), Geode Capital Management LLC (1.80%) and Renaissance Technologies LLC (0.89%). 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 $11.70.

Dynex Capital (NYSE:DX) has a market capitalization of $629.93 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 $3.58 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.