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
SymbolNYSE:DX
CUSIP26817Q50
Phone804-217-5800
Debt
Debt-to-Equity RatioN/A
Current Ratio0.05
Quick Ratio0.05
Price-To-Earnings
Trailing P/E Ratio8.75
Forward P/E Ratio9.03
P/E GrowthN/A
Sales & Book Value
Annual Sales$94.50 million
Price / Sales3.86
Cash Flow$3.1576 per share
Price / Cash2.03
Book Value$6.33 per share
Price / Book1.01
Profitability
EPS (Most Recent Fiscal Year)$0.73
Net Income$33.89 million
Net Margins71.08%
Return on Equity12.27%
Return on Assets1.52%
Miscellaneous
Employees17
Outstanding Shares56,910,000
Market Cap$363.63
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 declared a quarterly dividend on Wednesday, June 13th. Stockholders of record on Thursday, July 5th will be paid a dividend of $0.18 per share on Tuesday, July 31st. This represents a $0.72 annualized dividend and a dividend yield of 11.23%. The ex-dividend date is Tuesday, July 3rd. View Dynex Capital's Dividend History.
How were Dynex Capital's earnings last quarter?
Dynex Capital Inc (NYSE:DX) released its earnings results on Wednesday, May, 2nd. The real estate investment trust reported $0.18 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.20 by $0.02. The real estate investment trust had revenue of $13.60 million for the quarter. Dynex Capital had a return on equity of 12.27% and a net margin of 71.08%. View Dynex Capital's Earnings History.
When is Dynex Capital's next earnings date?
What price target have analysts set for DX?
2 brokers have issued 12-month price targets for Dynex Capital's stock. Their forecasts range from $7.00 to $7.50. On average, they expect Dynex Capital's stock price to reach $7.25 in the next twelve months. This suggests a possible upside of 13.1% from the stock's current price. View Analyst Ratings for Dynex Capital.
What is the consensus analysts' recommendation for Dynex Capital?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dynex Capital in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."
Who are some of Dynex Capital's key competitors?
Some companies that are related to Dynex Capital include Kite Realty Group Trust (KRG), Global Net Lease (GNL), Monmouth R.E. Inv. Corp. Class A (MNR), Caretrust REIT (CTRE), Redwood Trust (RWT), CYRELA BRAZIL R/S (CYRBY), Saul Centers (BFS), TPG RE Finance Trust (TRTX), CYS INVESTMENTS/SH SH (CYS), PennyMac Mortgage Investment Trust (PMT), TIER REIT (TIER), KKR Real Estate Finance Trust (KREF), Hannon Armstrong Sustnbl Infrstr Cap (HASI), Ramco-Gershenson Properties Trust (RPT) and Chatham Lodging Trust (CLDT).
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
Has Dynex Capital been receiving favorable news coverage?
Press coverage about DX stock has been trending somewhat positive on Monday, Accern reports. The research firm identifies negative and positive news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Dynex Capital earned a news impact score of 0.15 on Accern's scale. They also assigned news coverage about the real estate investment trust an impact score of 46.05 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.
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 $6.41.
How big of a company is Dynex Capital?
Dynex Capital has a market capitalization of $363.63 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.
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.
