Dynex Capital (DX) to Release Quarterly Earnings on Monday

Dynex Capital (NYSE:DX - Get Free Report) is scheduled to be releasing its earnings data 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 listening to the company's conference call can do so using this link.

Dynex Capital (NYSE:DX - Get Free Report) last issued its earnings results on Monday, July 22nd. The real estate investment trust reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.30). The firm had revenue of $76.05 million during the quarter. Dynex Capital had a negative return on equity of 6.08% and a net margin of 4.63%. During the same quarter last year, the company earned ($0.27) EPS. 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 Stock Up 0.5 %

Shares of NYSE:DX traded up $0.06 during midday trading on Monday, reaching $12.32. The company's stock had a trading volume of 1,230,685 shares, compared to its average volume of 1,442,335. The firm has a 50 day moving average of $12.43 and a 200-day moving average of $12.19. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of $920.05 million, a P/E ratio of 205.25 and a beta of 1.33. Dynex Capital has a 12-month low of $9.57 and a 12-month high of $13.13.

Dynex Capital Announces Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, October 1st. Shareholders of record on Monday, September 23rd were paid a $0.13 dividend. This represents a $1.56 annualized dividend and a yield of 12.67%. The ex-dividend date of this dividend was Monday, September 23rd. Dynex Capital's payout ratio is currently 2,600.00%.

Wall Street Analysts Forecast Growth

DX has been the topic of a number of recent research reports. StockNews.com downgraded Dynex Capital from a "hold" rating to a "sell" rating in a research report on Wednesday, July 31st. JMP Securities reissued a "market perform" rating on shares of Dynex Capital in a research note on Wednesday, August 28th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average 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.