NYSE:DX

Dynex Capital Stock Forecast, Price & News

$18.07

+0.15 (+0.84 %)

(As of 01/19/2021 12:00 AM ET)

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Today's Range

$17.85

Now: $18.07▼

$18.12

50-Day Range

$17.35

MA: $17.82▼

$18.35

52-Week Range

$7.04

Now: $18.07▼

$20.34

Volume318,116 shs

Average Volume279,892 shs

Market Capitalization$418.23 million

P/E Ratio2.39

Dividend Yield8.71%

Beta1.24

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 headquartered in Glen Allen, Virginia.

MarketRank^™

Overall MarketRank^™

1.77 out of 5 stars

1.3 Analyst's Opinion

Consensus Rating
Dynex Capital has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $18.50, Dynex Capital has a forecasted upside of 2.4% from its current price of $18.07.
Amount of Analyst Coverage
Dynex Capital has only been the subject of 2 research reports in the past 90 days.

2.3 Community Rank

Outperform Votes
Dynex Capital has received 279 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Dynex Capital has received 324 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Dynex Capital has received 53.73% “underperform” votes from our community.

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.

2.5 Dividend Strength

Dividend Leadership
Dynex Capital is a leading dividend payer. It pays a dividend yield of 8.71%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Dynex Capital has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Dynex Capital is 74.64%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on EPS estimates, Dynex Capital will have a dividend payout ratio of 84.78% in the coming year. This indicates that Dynex Capital may not be able to sustain their current dividend.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Dynex Capital insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $35,680.00 in company stock.
Percentage Held by Insiders
Only 3.36% of the stock of Dynex Capital is held by insiders.
Percentage Held by Institutions
50.17% of the stock of Dynex Capital is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Dynex Capital are expected to decrease by -5.15% in the coming year, from $1.94 to $1.84 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Dynex Capital is 2.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.84.
Price to Earnings Ratio vs. Sector
The P/E ratio of Dynex Capital is 2.39, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 22.11.
Price to Book Value per Share Ratio
Dynex Capital has a P/B Ratio of 0.99. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Real estate investment trusts

Sub-IndustryMortgage REITs

SectorFinance

Current SymbolNYSE:DX

Previous Symbol

CUSIP26817Q50

CIK826675

Webwww.dynexcapital.com

Phone804-217-5800

Employees20

Debt

Debt-to-Equity RatioN/A

Current Ratio0.08

Quick Ratio0.08

Price-To-Earnings

Trailing P/E Ratio2.39

Forward P/E Ratio9.31

P/E GrowthN/A

Sales & Book Value

Annual Sales$170.17 million

Price / Sales2.46

Cash Flow$8.86 per share

Price / Cash Flow2.04

Book Value$18.31 per share

Price / Book0.99

Profitability

EPS (Most Recent Fiscal Year)$2.09

Net Income$-152,670,000.00

Net Margins155.15%

Return on Equity15.69%

Return on Assets1.42%

Miscellaneous

Outstanding Shares23,145,000

Market Cap$418.23 million

Next Earnings Date2/4/2021 (Estimated)

OptionableOptionable

$18.07

+0.15 (+0.84 %)

(As of 01/19/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Dynex Capital (NYSE:DX) Frequently Asked Questions

How has Dynex Capital's stock been impacted by Coronavirus?

Dynex Capital's stock was trading at $14.94 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, DX stock has increased by 21.0% and is now trading at $18.07.
View which stocks have been most impacted by COVID-19.

Is Dynex Capital a buy right now?

3 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 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Dynex Capital stock.
View analyst ratings for Dynex Capital or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Dynex Capital?

Wall Street analysts have given Dynex Capital a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Dynex Capital wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Dynex Capital's next earnings date?

Dynex Capital is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
View our earnings forecast for Dynex Capital.

How were Dynex Capital's earnings last quarter?

Dynex Capital, Inc. (NYSE:DX) posted its quarterly earnings data on Wednesday, October, 28th. The real estate investment trust reported $0.61 EPS for the quarter, beating the consensus estimate of $0.47 by $0.14. Dynex Capital had a return on equity of 15.69% and a net margin of 155.15%.
View Dynex Capital's earnings history.

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

Dynex Capital declared a monthly dividend on Friday, January 15th. Shareholders of record on Monday, January 25th will be given a dividend of $0.13 per share on Monday, February 1st. This represents a $1.56 annualized dividend and a dividend yield of 8.63%. The ex-dividend date is Friday, January 22nd.
View Dynex Capital's dividend history.

Is Dynex Capital a good dividend stock?

Dynex Capital pays an annual dividend of $1.56 per share and currently has a dividend yield of 8.71%. DX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Dynex Capital does not yet have a strock track record of dividend growth. The dividend payout ratio of Dynex Capital is 74.64%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, Dynex Capital will have a dividend payout ratio of 84.78% 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?

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 market closes 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 price target have analysts set for DX?

3 equities research analysts have issued 1 year price objectives for Dynex Capital's shares. Their forecasts range from $18.00 to $19.00. On average, they anticipate Dynex Capital's share price to reach $18.50 in the next twelve months. This suggests a possible upside of 2.4% from the stock's current price.
View analysts' price targets for Dynex Capital or view Wall Street analyst' top-rated stocks.

Who are some of Dynex Capital's key competitors?

Some companies that are related to Dynex Capital include Annaly Capital Management (NLY), AGNC Investment (AGNC), Starwood Property Trust (STWD), Chimera Investment (CIM), Colony Capital (CLNY), Two Harbors Investment (TWO), PennyMac Mortgage Investment Trust (PMT), MFA Financial (MFA), Apollo Commercial Real Estate Finance (ARI), New York Mortgage Trust (NYMT), Redwood Trust (RWT), ARMOUR Residential REIT (ARR), Ready Capital (RC), Invesco Mortgage Capital (IVR) and Capstead Mortgage (CMO).
View all of DX's competitors.

What other stocks do shareholders of Dynex Capital own?

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).

Who are Dynex Capital's key executives?

Dynex Capital's management team includes the following people:

Mr. Byron L. Boston, Pres, CEO, Co-Chief Investment Officer & Director (Age 61, Pay $2.19M)
Mr. Stephen J. Benedetti CPA, Exec. VP, CFO, COO & Sec. (Age 57, Pay $1.12M)
Ms. Smriti Laxman Popenoe C.F.A., Exec. VP & Co-Chief Investment Officer (Age 51, Pay $1.12M)
Ms. Alison G. Griffin, VP of Investor Relations
Mr. Wayne E. Brockwell, Sr. VP of Portfolio
Mr. Jeffrey L. Childress, VP & Controller

What is Dynex Capital's stock symbol?

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

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Dynex Capital's stock price today?

One share of DX stock can currently be purchased for approximately $18.07.

How big of a company is Dynex Capital?

Dynex Capital has a market capitalization of $418.23 million and generates $170.17 million in revenue each year. The real estate investment trust earns $-152,670,000.00 in net income (profit) each year or $2.09 on an earnings per share basis. Dynex Capital employs 20 workers across the globe.

What is Dynex Capital's official website?

The official website for Dynex Capital is www.dynexcapital.com.

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]

This page was last updated on 1/19/2021 by MarketBeat.com Staff

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