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
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryMortgage REITs
SectorFinance
Current SymbolNYSE:DX
Previous Symbol
CUSIP26817Q50
Phone804-217-5800
Debt
Debt-to-Equity Ratio0.01
Current Ratio0.05
Quick Ratio0.05
Price-To-Earnings
Trailing P/E Ratio8.14
Forward P/E Ratio8.61
P/E GrowthN/A
Sales & Book Value
Annual Sales$94.50 million
Price / Sales3.75
Cash Flow$3.1099 per share
Price / Cash Flow1.91
Book Value$6.33 per share
Price / Book0.94
Profitability
EPS (Most Recent Fiscal Year)$0.73
Net Income$33.89 million
Net Margins105.23%
Return on Equity13.92%
Return on Assets1.73%
Miscellaneous
Employees17
Outstanding Shares59,690,000
Market Cap$358.73 million
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 quarterly dividend on Wednesday, September 12th. Investors of record on Wednesday, October 3rd will be paid a dividend of $0.18 per share on Wednesday, October 31st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 12.12%. The ex-dividend date of this dividend is Tuesday, October 2nd. View Dynex Capital's Dividend History.
How were Dynex Capital's earnings last quarter?
Dynex Capital Inc (NYSE:DX) released its quarterly earnings results on Wednesday, October, 31st. The real estate investment trust reported $0.19 earnings per share for the quarter, beating analysts' consensus estimates of $0.18 by $0.01. The real estate investment trust earned $12.17 million during the quarter. Dynex Capital had a return on equity of 13.92% and a net margin of 105.23%. View Dynex Capital's Earnings History.
When is Dynex Capital's next earnings date?
What price target have analysts set for DX?
1 Wall Street analysts have issued 1-year target prices for Dynex Capital's stock. Their predictions 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 17.8% 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?
News articles about DX stock have been trending somewhat positive recently, InfoTrie reports. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Dynex Capital earned a media sentiment score of 1.9 on InfoTrie's scale. They also gave news coverage about the real estate investment trust a news buzz of 7.0 out of 10, indicating that recent press coverage is likely to have an impact on the company's share price in the next few days.
Who are some of Dynex Capital's key competitors?
Some companies that are related to Dynex Capital include American Finance Trust (AFIN), Alexander & Baldwin (ALEX), Industrial Logistics Properties Trust (ILPT), Kite Realty Group Trust (KRG), Redwood Trust (RWT), PennyMac Mortgage Investment Trust (PMT), TPG RE Finance Trust (TRTX), Monmouth R.E. Inv. (MNR), TIER REIT (TIER), Hannon Armstrong Sustnbl Infrstr Cap (HASI), Saul Centers (BFS), Summit Hotel Properties (INN), Ramco-Gershenson Properties Trust (RPT), Washington Prime Group (WPG) and KKR Real Estate Finance Trust (KREF).
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 59)
- Mr. Stephen J. Benedetti CPA, Exec. VP, CFO & COO (Age 55)
- Ms. Smriti Laxman Popenoe C.F.A., Exec. VP & Co-Chief Investment Officer (Age 49)
- 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 variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.31%), Vanguard Group Inc. (5.58%), LSV Asset Management (2.99%), FMR LLC (2.46%), JPMorgan Chase & Co. (1.39%) and JPMorgan Chase & Co. (1.34%). Company insiders that own Dynex Capital stock include Barry Igdaloff and Thomas B Akin. 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 Citadel Advisors LLC, ClariVest Asset Management LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., Morgan Stanley, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Thrivent Financial for Lutherans and Allianz Asset Management GmbH. 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 Vanguard Group Inc., Nordea Investment Management AB, BlackRock Inc., Renaissance Technologies LLC, GWM Advisors LLC, Acadian Asset Management LLC, First Trust Advisors LP and Mackenzie Financial Corp. 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 $5.94.
How big of a company is Dynex Capital?
Dynex Capital has a market capitalization of $358.73 million and generates $94.50 million in revenue each year. The real estate investment trust earns $33.89 million in net income (profit) each year or $0.73 on an earnings per share basis. Dynex Capital employs 17 workers across the globe.
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.
