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 corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Dynex Capital, Inc. was founded in 1987 and is based in Glen Allen, Virginia.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryMortgage REITs
SectorFinance
Phone804-217-5800
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$110.05 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date5/1/2019 (Estimated)
OptionableOptionable
Dynex Capital (NYSE:DX) Frequently Asked Questions
What is Dynex Capital's stock symbol?
Dynex Capital trades on the New York Stock Exchange (NYSE) under the ticker symbol "DX."
How often does Dynex Capital pay dividends? What is the dividend yield for Dynex Capital?
Dynex Capital announced a monthly dividend on Wednesday, March 13th. Shareholders of record on Friday, March 22nd will be given a dividend of $0.06 per share on Monday, April 1st. This represents a $0.72 dividend on an annualized basis and a yield of 11.98%. The ex-dividend date of this dividend is Thursday, March 21st. View Dynex Capital's Dividend History.
How were Dynex Capital's earnings last quarter?
Dynex Capital Inc (NYSE:DX) issued its quarterly earnings data on Thursday, February, 7th. The real estate investment trust reported $0.18 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.19 by $0.01. The real estate investment trust earned $12.96 million during the quarter. Dynex Capital had a return on equity of 14.22% and a net margin of 6.38%. View Dynex Capital's Earnings History.
When is Dynex Capital's next earnings date?
What price target have analysts set for DX?
1 analysts have issued twelve-month price objectives for Dynex Capital's stock. Their forecasts range from $7.00 to $7.00. On average, they anticipate Dynex Capital's stock price to reach $7.00 in the next twelve months. This suggests a possible upside of 16.5% from the stock's current price. View Analyst Price Targets for Dynex Capital.
What is the consensus analysts' recommendation for Dynex Capital?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dynex Capital in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Dynex Capital.
Has Dynex Capital been receiving favorable news coverage?
Media headlines about DX stock have trended neutral on Tuesday, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Dynex Capital earned a coverage optimism score of 0.4 on InfoTrie's scale. They also gave headlines about the real estate investment trust a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the stock's share price in the immediate future.
Who are some of Dynex Capital's key competitors?
Some companies that are related to Dynex Capital include Uniti Group (UNIT), Alexander & Baldwin (ALEX), National Storage Affiliates Trust (NSA), Hannon Armstrong Sustnbl Infrstr Cap (HASI), Global Net Lease (GNL), Redwood Trust (RWT), Safestore (SFSHF), PennyMac Mortgage Investment Trust (PMT), TIER REIT (TIER), Industrial Logistics Properties Trust (ILPT), Kite Realty Group Trust (KRG), TPG RE Finance Trust (TRTX), Monmouth R.E. Inv. (MNR), KKR Real Estate Finance Trust (KREF) and Summit Hotel Properties (INN).
What other stocks do shareholders of Dynex Capital own?
Who are Dynex Capital's key executives?
Dynex Capital's management team includes the folowing people:
- Mr. Byron L. Boston, CEO, Pres, Co-Chief Investment Officer & Director (Age 60)
- Mr. Stephen J. Benedetti CPA, Exec. VP, CFO & COO (Age 56)
- Ms. Smriti Laxman Popenoe C.F.A., Exec. VP & Co-Chief Investment Officer (Age 50)
- Ms. Alison G. Griffin, VP of Investor Relations
- Mr. Wayne E. Brockwell, Sr. VP of Portfolio
Who are Dynex Capital's major shareholders?
Dynex Capital's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.12%), LSV Asset Management (2.83%), Thrivent Financial for Lutherans (1.46%), Millennium Management LLC (1.42%), Northern Trust Corp (1.21%) and Prudential Financial Inc. (1.12%). Company insiders that own Dynex Capital stock include Barry Igdaloff, Byron L Boston, David H Stevens, Smriti Laxman Popenoe and Stephen J Benedetti. View Institutional Ownership Trends for Dynex Capital.
Which institutional investors are selling Dynex Capital stock?
DX stock was sold by a variety of institutional investors in the last quarter, including Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Van ECK Associates Corp, KBC Group NV, MetLife Investment Advisors LLC, MERIAN GLOBAL INVESTORS UK Ltd, Hancock Whitney Corp, Cambridge Investment Research Advisors Inc. and ClariVest Asset Management LLC. View Insider Buying and Selling for Dynex Capital.
Which institutional investors are buying Dynex Capital stock?
DX stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, PVG Asset Management Corp, Thrivent Financial for Lutherans, Two Sigma Investments LP, BlackRock Inc., Municipal Employees Retirement System of Michigan, Acadian Asset Management LLC and Two Sigma Advisers LP. Company insiders that have bought Dynex Capital stock in the last two years include Byron L Boston, David H Stevens, Smriti Laxman Popenoe and Stephen J Benedetti. View Insider Buying and Selling for Dynex Capital.
How do I buy shares of Dynex Capital?
Shares of DX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Dynex Capital's stock price today?
One share of DX stock can currently be purchased for approximately $6.01.
How big of a company is Dynex Capital?
Dynex Capital has a market capitalization of $425.63 million and generates $110.05 million in revenue each year. The real estate investment trust earns $7.02 million in net income (profit) each year or $0.73 on an earnings per share basis.
What is Dynex Capital's official website?
How can I contact Dynex Capital?
Dynex Capital's mailing address is 4991 Lake Brook Drive Suite 100, GLEN ALLEN VA, 23060. The real estate investment trust can be reached via phone at 804-217-5800 or via email at [email protected]
MarketBeat Community Rating for Dynex Capital (NYSE DX)
MarketBeat's community ratings are surveys of what our community members think about Dynex Capital and other stocks. Vote "Outperform" if you believe DX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DX will underperform the S&P 500 over the long term. You may vote once every thirty days.
