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
SymbolNYSE:DX
CUSIP26817Q50
Phone804-217-5800
Debt
Debt-to-Equity RatioN/A
Current Ratio0.05
Quick Ratio0.05
Price-To-Earnings
Trailing P/E Ratio8.95
Forward P/E Ratio9.20
P/E GrowthN/A
Sales & Book Value
Annual Sales$94.50 million
Price / Sales3.91
Cash Flow$3.1546 per share
Price / Cash2.07
Book Value$6.33 per share
Price / Book1.03
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 Shares56,600,000
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, June 13th. Stockholders of record on Thursday, July 5th will be given a dividend of $0.18 per share on Tuesday, July 31st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 11.03%. The ex-dividend date of this dividend is Tuesday, July 3rd. View Dynex Capital's Dividend History.
How were Dynex Capital's earnings last quarter?
Dynex Capital Inc (NYSE:DX) announced its earnings results on Wednesday, May, 2nd. The real estate investment trust reported $0.18 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.20 by $0.02. The real estate investment trust earned $13.60 million during the quarter. Dynex Capital had a net margin of 71.08% and a return on equity of 12.27%. View Dynex Capital's Earnings History.
When is Dynex Capital's next earnings date?
What price target have analysts set for DX?
2 analysts have issued 1-year price objectives for Dynex Capital's shares. 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. View Analyst Ratings for Dynex Capital.
Who are some of Dynex Capital's key competitors?
Some companies that are related to Dynex Capital include Kite Realty Group Trust (KRG), Four Corners Property Trust (FCPT), Global Net Lease (GNL), Caretrust REIT (CTRE), Redwood Trust (RWT), Monmouth R.E. Inv. Corp. Class A (MNR), TPG RE Finance Trust (TRTX), PennyMac Mortgage Investment Trust (PMT), CYS INVESTMENTS/SH SH (CYS), Saul Centers (BFS), TIER REIT (TIER), CYRELA BRAZIL R/S (CYRBY), KKR Real Estate Finance Trust (KREF), CBL & Associates Properties (CBL) and Ramco-Gershenson Properties Trust (RPT).
Who are Dynex Capital's key executives?
Dynex Capital's management team includes the folowing people:
- Mr. Byron L. Boston, Pres, CEO, 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)
- Mr. Jeffrey L. Childress, VP, Controller & Principal Accounting Officer
- Ms. Alison G. Griffin, VP of Investor Relations
Has Dynex Capital been receiving favorable news coverage?
Media coverage about DX stock has trended somewhat positive recently, according to Accern Sentiment. The research firm rates the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Dynex Capital earned a media sentiment score of 0.02 on Accern's scale. They also gave news stories about the real estate investment trust an impact score of 47.61 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
Who are Dynex Capital's major shareholders?
Dynex Capital's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.31%), UBS Group AG (3.26%), LSV Asset Management (3.07%), Millennium Management LLC (1.78%), JPMorgan Chase & Co. (1.42%) and Prudential Financial Inc. (1.25%). Company insiders that own Dynex Capital stock include Barry Igdaloff and Thomas B Akin. View Institutional Ownership Trends for Dynex Capital.
Which major investors are selling Dynex Capital stock?
DX stock was sold by a variety of institutional investors in the last quarter, including Hillsdale Investment Management Inc., Cigna Investments Inc. New, ClariVest Asset Management LLC, Citadel Advisors LLC, California Public Employees Retirement System, BlackRock Inc., Commonwealth Equity Services LLC and Systematic Financial Management LP. View Insider Buying and Selling for Dynex Capital.
Which major investors are buying Dynex Capital stock?
DX stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, UBS Group AG, LSV Asset Management, Millennium Management LLC, Virginia Retirement Systems ET AL, Thrivent Financial for Lutherans and Hancock Holding Co.. 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 $6.53.
How big of a company is Dynex Capital?
Dynex Capital has a market capitalization of $368.50 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 (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.
