Dynex Capital (NYSE:DX) Releases Earnings Results, Misses Estimates By $0.28 EPS

Dynex Capital (NYSE:DX) issued its earnings results on Monday. The real estate investment trust reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.28), Zacks reports. Dynex Capital had a negative return on equity of 4.80% and a net margin of 28.83%.

Dynex Capital Stock Performance

Dynex Capital stock opened at $12.82 on Monday. The firm has a fifty day simple moving average of $12.56 and a two-hundred day simple moving average of $12.46. 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 twelve month low of $11.36 and a twelve month high of $13.13. The company has a market capitalization of $1.02 billion, a PE ratio of 10.24 and a beta of 1.30.

Dynex Capital Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Thursday, January 23rd will be issued a dividend of $0.15 per share. This represents a $1.80 annualized dividend and a dividend yield of 14.04%. The ex-dividend date of this dividend is Thursday, January 23rd. Dynex Capital’s dividend payout ratio is currently 142.86%.

Wall Street Analysts Forecast Growth

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

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.