Dynex Capital (DX) to Release Quarterly Earnings on Monday

Dynex Capital (NYSE:DX - Get Free Report) is anticipated to release its earnings data before the market opens on Monday, April 21st. Analysts expect Dynex Capital to post earnings of $0.14 per share and revenue of $11.41 million for the quarter. Individual that wish to register for the company's earnings conference call can do so using this link.

Dynex Capital (NYSE:DX - Get Free Report) last announced its quarterly earnings results on Monday, January 27th. The real estate investment trust reported $0.10 EPS for the quarter, missing analysts' consensus estimates of $0.38 by ($0.28). Dynex Capital had a net margin of 35.65% and a negative return on equity of 2.24%. On average, analysts expect Dynex Capital to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Dynex Capital Trading Up 0.6 %

Dynex Capital stock traded up $0.08 during midday trading on Tuesday, hitting $11.77. 3,447,888 shares of the stock were exchanged, compared to its average volume of 2,210,070. Dynex Capital has a 52 week low of $10.79 and a 52 week high of $14.52. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $1.13 billion, a PE ratio of 8.00 and a beta of 1.14. The company has a fifty day simple moving average of $13.36 and a two-hundred day simple moving average of $12.83.

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Dynex Capital Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Wednesday, April 23rd will be given a dividend of $0.17 per share. The ex-dividend date of this dividend is Wednesday, April 23rd. This represents a $2.04 dividend on an annualized basis and a dividend yield of 17.34%. Dynex Capital's dividend payout ratio is 138.78%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Keefe, Bruyette & Woods reduced their target price on Dynex Capital from $13.25 to $12.50 and set an "outperform" rating on the stock in a report on Tuesday, April 8th. JMP Securities reissued a "market perform" rating on shares of Dynex Capital in a research note on Thursday, January 23rd. Finally, StockNews.com upgraded shares of Dynex Capital from a "sell" rating to a "hold" rating in a report on Friday, January 31st. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $13.33.

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.