Dynex Capital (NYSE:DX) Stock Rating Reaffirmed by Jonestrading

Dynex Capital (NYSE:DX)‘s stock had its “buy” rating restated by equities research analysts at Jonestrading in a research note issued on Monday, Benzinga reports. They presently have a $14.00 target price on the real estate investment trust’s stock. Jonestrading’s price target points to a potential upside of 18.34% from the company’s previous close.

Other research analysts also recently issued research reports about the stock. JMP Securities restated a “market perform” rating on shares of Dynex Capital in a report on Thursday, April 18th. Compass Point assumed coverage on shares of Dynex Capital in a report on Friday, April 12th. They set a “buy” rating and a $14.50 price target on the stock. Finally, StockNews.com upgraded shares of Dynex Capital to a “sell” rating in a report on Tuesday, December 26th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $13.31.

Dynex Capital Stock Up 3.2 %

DX stock opened at $11.83 on Monday. Dynex Capital has a 12-month low of $9.57 and a 12-month high of $13.56. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.06. The company has a market cap of $699.51 million, a price-to-earnings ratio of -42.25 and a beta of 1.33. The company has a 50 day moving average of $12.20 and a two-hundred day moving average of $11.94.

Dynex Capital (NYSE:DX) last released its earnings results on Monday, January 29th. The real estate investment trust reported ($0.24) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.06). The company had revenue of $71.19 million during the quarter. Dynex Capital had a negative return on equity of 6.04% and a negative net margin of 2.95%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Westend Capital Management LLC bought a new position in Dynex Capital in the 1st quarter worth $35,000. Tower Research Capital LLC TRC raised its holdings in Dynex Capital by 14.2% in the 4th quarter. Tower Research Capital LLC TRC now owns 8,378 shares of the real estate investment trust’s stock worth $105,000 after acquiring an additional 1,044 shares during the period. SG Americas Securities LLC acquired a new stake in Dynex Capital in the 3rd quarter worth $132,000. Kovack Advisors Inc. grew its position in Dynex Capital by 7.2% in the 1st quarter. Kovack Advisors Inc. now owns 16,978 shares of the real estate investment trust’s stock worth $211,000 after purchasing an additional 1,135 shares during the last quarter. Finally, Cambridge Advisors Inc. grew its position in Dynex Capital by 5.9% in the 1st quarter. Cambridge Advisors Inc. now owns 18,000 shares of the real estate investment trust’s stock worth $224,000 after purchasing an additional 1,000 shares during the last quarter. Institutional investors own 38.34% of the company’s stock.

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.