Dynex Capital (DX) Set to Announce Quarterly Earnings on Wednesday

Dynex Capital (NYSE:DX) will be issuing its quarterly earnings data before the market opens on Wednesday, October 31st.

Dynex Capital (NYSE:DX) last released its quarterly earnings results on Thursday, August 2nd. The real estate investment trust reported $0.18 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.18. The company had revenue of $11.75 million for the quarter. Dynex Capital had a return on equity of 13.60% and a net margin of 93.79%. On average, analysts expect Dynex Capital to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

DX opened at $5.84 on Monday. The company has a market cap of $335.87 million, a PE ratio of 8.00 and a beta of 0.55. Dynex Capital has a twelve month low of $5.76 and a twelve month high of $7.34.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 31st. Stockholders of record on Wednesday, October 3rd will be issued a dividend of $0.18 per share. The ex-dividend date is Tuesday, October 2nd. This represents a $0.72 dividend on an annualized basis and a dividend yield of 12.33%. Dynex Capital’s dividend payout ratio (DPR) is presently 98.63%.

DX has been the topic of a number of recent analyst reports. ValuEngine cut Dynex Capital from a “hold” rating to a “sell” rating in a report on Tuesday, August 7th. Keefe, Bruyette & Woods set a $7.00 price target on Dynex Capital and gave the company a “hold” rating in a report on Thursday, August 2nd.

About Dynex Capital

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.

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Earnings History for Dynex Capital (NYSE:DX)

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