Dynex Capital (DX) Scheduled to Post Quarterly Earnings on Monday

Dynex Capital (NYSE:DX) is scheduled to be posting its quarterly earnings results before the market opens on Monday, October 21st. Analysts expect Dynex Capital to post earnings of $0.29 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Dynex Capital (NYSE:DX) last released its earnings results on Monday, July 22nd. The real estate investment trust reported ($0.12) earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.30). The company had revenue of $76.05 million for the quarter. Dynex Capital had a negative return on equity of 6.08% and a net margin of 4.63%. During the same quarter in the previous year, the company posted ($0.27) earnings per share. On average, analysts expect Dynex Capital to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Dynex Capital Trading Down 0.2 %

NYSE DX opened at $12.63 on Friday. Dynex Capital has a 12-month low of $9.57 and a 12-month high of $13.13. The company has a fifty day simple moving average of $12.47 and a two-hundred day simple moving average of $12.20. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.02. The stock has a market cap of $810.95 million, a P/E ratio of 10.79 and a beta of 1.33.

Dynex Capital Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, November 1st. Investors of record on Friday, October 25th will be paid a $0.13 dividend. The ex-dividend date of this dividend is Friday, October 25th. This represents a $1.56 dividend on an annualized basis and a yield of 12.35%. Dynex Capital’s dividend payout ratio (DPR) is 133.33%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on DX shares. StockNews.com cut Dynex Capital from a “hold” rating to a “sell” rating in a research note on Wednesday, July 31st. JMP Securities reissued a “market perform” rating on shares of Dynex Capital in a research report on Wednesday, August 28th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $13.35.

Dynex Capital Company Profile

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.