NYSE:DXDynex Capital Stock Price, Forecast & News

$14.54

+0.20 (+1.39 %)

(As of 06/5/2020 04:00 PM ET)

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Today's Range

$14.38

Now: $14.54▼

$15.45

50-Day Range

$11.88

MA: $13.24▼

$14.78

52-Week Range

$7.04

Now: $14.54▼

$20.34

Volume677,218 shs

Average Volume474,599 shs

Market Capitalization$334.16 million

P/E RatioN/A

Dividend Yield12.55%

Beta1.31

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.

Beat the Market (BTM) Rank^™

2.5 Analyst's Opinion

Consensus Rating
Dynex Capital has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $17.50, Dynex Capital has a potential upside of 22.0% from its current price of $14.34.
Amount of Analyst Coverage
Dynex Capital has received no research coverage in the past 90 days.

2.3 Community Rank

Outperform Votes
Dynex Capital has received 274 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Dynex Capital has received 315 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Dynex Capital has received 53.48% “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.

1.7 Dividend Strength

Dividend Leadership
Dynex Capital is a leading dividend payer. It pays a dividend yield of 12.55%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Dynex Capital does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Dynex Capital is 86.12 %. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, Dynex Capital will have a dividend payout ratio of 128.57 % in the coming year. This indicates that Dynex Capital may not be able to sustain their current dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Dynex Capital insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,027,817.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 3.36% of the stock of Dynex Capital is held by insiders.
Percentage Held by Institutions
52.46% of the stock of Dynex Capital is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Dynex Capital are expected to grow by 7.69% in the coming year, from $1.30 to $1.40 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Dynex Capital is -1.59, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Dynex Capital is -1.59, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Dynex Capital has a P/B Ratio of 0.78. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.34 out of 5 stars

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

Debt

Debt-to-Equity RatioN/A

Current Ratio0.34

Quick Ratio0.34

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio11.18

P/E GrowthN/A

Sales & Book Value

Annual Sales$170.17 million

Price / Sales1.96

Cash Flow$9.14 per share

Price / Cash Flow1.59

Book Value$18.31 per share

Price / Book0.79

Profitability

EPS (Most Recent Fiscal Year)$2.09

Net Income$-152,670,000.00

Net Margins-118.97%

Return on Equity14.39%

Return on Assets1.08%

Miscellaneous

Employees19

Outstanding Shares22,982,000

Market Cap$334.16 million

Next Earnings Date7/29/2020 (Estimated)

OptionableOptionable

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Dynex Capital (NYSE:DX) Frequently Asked Questions

How has Dynex Capital's stock been impacted by COVID-19 (Coronavirus)?

Dynex Capital's stock was trading at $14.94 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, DX stock has decreased by 4.0% and is now trading at $14.34. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Dynex Capital?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dynex Capital in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Dynex Capital.

When is Dynex Capital's next earnings date?

Dynex Capital is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Dynex Capital.

How were Dynex Capital's earnings last quarter?

Dynex Capital Inc (NYSE:DX) released its quarterly earnings results on Wednesday, May, 6th. The real estate investment trust reported $0.51 earnings per share for the quarter, missing analysts' consensus estimates of $0.52 by $0.01. The real estate investment trust earned $17.72 million during the quarter. Dynex Capital had a negative net margin of 118.97% and a positive return on equity of 14.39%. 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 quarterly dividend on Tuesday, May 12th. Shareholders of record on Friday, May 22nd will be given a dividend of $0.15 per share on Monday, June 1st. This represents a $0.60 annualized dividend and a dividend yield of 4.18%. The ex-dividend date is Thursday, May 21st. View Dynex Capital's dividend history.

When did Dynex Capital's stock split? How did Dynex Capital's stock split work?

Dynex Capital shares 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 closing bell 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?

1 Wall Street analysts have issued 12-month price objectives for Dynex Capital's stock. Their forecasts range from $17.50 to $17.50. On average, they anticipate Dynex Capital's share price to reach $17.50 in the next year. This suggests a possible upside of 22.0% from the stock's current price. View analysts' price targets for Dynex Capital.

Has Dynex Capital been receiving favorable news coverage?

Press coverage about DX stock has trended positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Dynex Capital earned a media sentiment score of 2.8 on InfoTrie's scale. They also gave news coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutDynex Capital.

Are investors shorting Dynex Capital?

Dynex Capital saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 1,040,000 shares, an increase of 43.3% from the April 15th total of 725,500 shares. Based on an average trading volume of 564,100 shares, the days-to-cover ratio is presently 1.8 days. Currently, 4.7% of the company's stock are sold short. View Dynex Capital's Current Options Chain.

Who are some of Dynex Capital's key competitors?

Some companies that are related to Dynex Capital include ANNALY CAP MGMT/SH (NLY), AGNC Investment (AGNC), Starwood Property Trust (STWD), CHIMERA INVT CO/SH NEW (CIM), Apollo Commercial Real Est. Finance (ARI), PennyMac Mortgage Investment Trust (PMT), Two Harbors Investment (TWO), Colony Capital (CLNY), NY MTG TR INC/SH (NYMT), MFA FINL INC/SH (MFA), Redwood Trust (RWT), ARMOUR Residential REIT (ARR), CAPSTEAD MTG CO/SH (CMO), Invesco Mortgage Capital (IVR) and Ready Capital (RC). View all 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 CAP MGMT/SH (NLY), Energy Transfer LP Unit (ET), New Residential Investment (NRZ), NGL Energy Partners (NGL), AGNC Investment (AGNC), NY MTG TR INC/SH (NYMT), CHIMERA INVT CO/SH NEW (CIM), Cherry Hill Mortgage Investment (CHMI), AT&T (T) and Arlington Asset Investment (AI).

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 60)
Mr. Stephen J. Benedetti CPA, Exec. VP, CFO, COO & Sec. (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

What is Dynex Capital's stock symbol?

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

Who are Dynex Capital's major shareholders?

Dynex Capital's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.48%), State Street Corp (2.71%), Invesco Ltd. (2.58%), Geode Capital Management LLC (1.38%), Centaurus Financial Inc. (1.19%) and Acadian Asset Management LLC (1.16%). 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 major investors are selling Dynex Capital stock?

DX stock was sold by a variety of institutional investors in the last quarter, including Centaurus Financial Inc., UBS Group AG, Virginia Retirement Systems ET AL, Bank of New York Mellon Corp, First Trust Advisors LP, Invesco Ltd., New York State Common Retirement Fund, and Swiss National Bank. View insider buying and selling activity for Dynex Capital.

Which major investors are buying Dynex Capital stock?

DX stock was acquired by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Fuller & Thaler Asset Management Inc., Morgan Stanley, JPMorgan Chase & Co., Russell Investments Group Ltd., 361 Capital LLC, Los Angeles Capital Management & Equity Research Inc., and Mackenzie Financial Corp. Company insiders that have bought Dynex Capital stock in the last two years include Barry Igdaloff, Byron L Boston, David H Stevens, Smriti Laxman Popenoe, and Stephen J Benedetti. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Dynex Capital's stock price today?

One share of DX stock can currently be purchased for approximately $14.34.

How big of a company is Dynex Capital?

Dynex Capital has a market capitalization of $329.56 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 19 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 6/5/2020 by MarketBeat.com Staff