Dynex Capital (NYSE:DX) is set to announce its earnings results on Wednesday, February 21st. Analysts expect the company to announce earnings of $0.19 per share for the quarter.
Shares of Dynex Capital (NYSE:DX) opened at $6.19 on Wednesday. Dynex Capital has a twelve month low of $6.03 and a twelve month high of $7.41. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.08 and a quick ratio of 0.08. The stock has a market capitalization of $402.39, a PE ratio of 4.30 and a beta of 0.66.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 31st. Shareholders of record on Friday, December 29th were paid a dividend of $0.18 per share. The ex-dividend date was Thursday, December 28th. This represents a $0.72 annualized dividend and a yield of 11.63%. Dynex Capital’s payout ratio is currently 50.00%.
Separately, Zacks Investment Research cut Dynex Capital from a “buy” rating to a “hold” rating in a research note on Tuesday, December 5th. Two analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $7.58.
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About Dynex Capital
Dynex Capital, Inc is an internally managed mortgage real estate investment trust, which invests in residential and commercial mortgage securities on a leveraged basis. The Company’s objective is to provide attractive risk-adjusted returns to its shareholders over the long term that is reflective of a leveraged fixed income portfolio with a focus on capital preservation.
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