NYSE:DX

Dynex Capital (DX) Stock Price, News & Analysis

$12.24
+0.16 (+1.32%)
(As of 05/6/2024 ET)
Today's Range
$12.14
$12.25
50-Day Range
$11.46
$12.77
52-Week Range
$9.57
$13.56
Volume
1.19 million shs
Average Volume
1.27 million shs
Market Capitalization
$785.32 million
P/E Ratio
10.46
Dividend Yield
12.75%
Price Target
$13.31

Dynex Capital MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
8.8% Upside
$13.31 Price Target
Short Interest
Healthy
5.78% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-3.38
Upright™ Environmental Score
News Sentiment
0.95mentions of Dynex Capital in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.42 out of 5 stars

Finance Sector

292nd out of 876 stocks

Real Estate Investment Trusts Industry

54th out of 181 stocks

DX stock logo

About Dynex Capital Stock (NYSE:DX)

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 income taxes if it distributes at least 90% of its taxable income to its stockholders as dividends. Dynex Capital, Inc. was incorporated in 1987 and is headquartered in Glen Allen, Virginia.

DX Stock Price History

DX Stock News Headlines

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Do NOT read if you believe in “woke” politics
I have to warn you, however: This CEO of a publicly traded company is not afraid to mince words. Many on Wall Street have refused to work with him.
Dynex Capital: Q1 Earnings Snapshot
Opportunities In This Income Market Melt-Up
DX Apr 2024 10.000 call
DX May 2024 12.500 put
DX Sep 2024 17.500 put
DX Apr 2024 20.000 put
DX Mar 2024 25.000 put
See More Headlines
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Company Calendar

Last Earnings
1/29/2024
Ex-Dividend for 4/1 Dividend
3/21/2024
Dividend Payable
4/01/2024
Ex-Dividend for 5/1 Dividend
4/22/2024
Dividend Payable
5/01/2024
Today
5/06/2024
Next Earnings (Estimated)
7/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Mortgage REITs
CUSIP
26817Q50
Employees
22
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$13.31
High Stock Price Target
$14.50
Low Stock Price Target
$12.25
Potential Upside/Downside
+8.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Net Income
$-6,130,000.00
Pretax Margin
30.50%

Debt

Sales & Book Value

Annual Sales
$207.52 million
Cash Flow
$0.57 per share
Book Value
$13.47 per share

Miscellaneous

Free Float
63,519,000
Market Cap
$784.68 million
Optionable
Optionable
Beta
1.33
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DX Stock Analysis - Frequently Asked Questions

Should I buy or sell Dynex Capital stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Dynex Capital in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" DX shares.
View DX analyst ratings
or view top-rated stocks.

What is Dynex Capital's stock price target for 2024?

5 equities research analysts have issued 1 year price objectives for Dynex Capital's stock. Their DX share price targets range from $12.25 to $14.50. On average, they anticipate the company's stock price to reach $13.31 in the next twelve months. This suggests a possible upside of 8.8% from the stock's current price.
View analysts price targets for DX
or view top-rated stocks among Wall Street analysts.

How have DX shares performed in 2024?

Dynex Capital's stock was trading at $12.52 at the beginning of 2024. Since then, DX stock has decreased by 2.2% and is now trading at $12.24.
View the best growth stocks for 2024 here
.

Are investors shorting Dynex Capital?

Dynex Capital saw a decline in short interest in the month of April. As of April 15th, there was short interest totaling 3,710,000 shares, a decline of 10.6% from the March 31st total of 4,150,000 shares. Based on an average daily trading volume, of 1,350,000 shares, the short-interest ratio is presently 2.7 days.
View Dynex Capital's Short Interest
.

When is Dynex Capital's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, July 22nd 2024.
View our DX earnings forecast
.

How were Dynex Capital's earnings last quarter?

Dynex Capital, Inc. (NYSE:DX) issued its quarterly earnings data on Monday, January, 29th. The real estate investment trust reported ($0.24) earnings per share for the quarter, missing analysts' consensus estimates of ($0.18) by $0.06. The real estate investment trust had revenue of $71.19 million for the quarter. Dynex Capital had a negative trailing twelve-month return on equity of 7.25% and a net margin of 30.50%.

How often does Dynex Capital pay dividends? What is the dividend yield for Dynex Capital?

Dynex Capital announced a monthly dividend on Friday, April 12th. Investors of record on Tuesday, April 23rd will be paid a dividend of $0.13 per share on Wednesday, May 1st. This represents a $1.56 annualized dividend and a dividend yield of 12.75%. The ex-dividend date is Monday, April 22nd.
Read our dividend analysis for DX
.

Is Dynex Capital a good dividend stock?

Dynex Capital (NYSE:DX) pays an annual dividend of $1.56 per share and currently has a dividend yield of 12.91%. DX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 133.33%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for DX.

When did Dynex Capital's stock split?

Shares of Dynex Capital 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 market closes on Thursday, June 20th 2019. An investor that had 100 shares of stock prior to the reverse split would have 33 shares after the split.

What other stocks do shareholders of Dynex Capital own?
Who are Dynex Capital's major shareholders?

Dynex Capital's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Mirae Asset Global Investments Co. Ltd. (0.98%), Peregrine Capital Management LLC (0.81%), Van ECK Associates Corp (0.72%), BNP Paribas Financial Markets (0.04%), Cambridge Advisors Inc. (0.03%) and Kovack Advisors Inc. (0.03%). Insiders that own company stock include Byron L Boston, Jeffrey L Childress and Robert S Colligan.
View institutional ownership trends
.

How do I buy shares of Dynex Capital?

Shares of DX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:DX) was last updated on 5/7/2024 by MarketBeat.com Staff

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