Dynex Capital (DX) Projected to Post Earnings on Monday

Dynex Capital (NYSE:DX) is projected to post its quarterly earnings results before the market opens on Monday, January 27th. Analysts expect Dynex Capital to post earnings of $0.38 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Dynex Capital Price Performance

Dynex Capital stock opened at $12.65 on Friday. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.01. Dynex Capital has a 52-week low of $11.36 and a 52-week high of $13.13. The firm has a market cap of $1.00 billion, a PE ratio of 10.04 and a beta of 1.30. The company’s 50 day moving average is $12.56 and its two-hundred day moving average is $12.45.

Dynex Capital Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Thursday, January 23rd will be paid a $0.15 dividend. This represents a $1.80 annualized dividend and a dividend yield of 14.23%. The ex-dividend date is Thursday, January 23rd. Dynex Capital’s payout ratio is currently 142.86%.

Wall Street Analyst Weigh In

Separately, JMP Securities restated a “market perform” rating on shares of Dynex Capital in a report on Thursday. One analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $13.56.

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.