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

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.

WARNING: “Dynex Capital (DX) Set to Announce Quarterly Earnings on Wednesday” was published by American Banking News and is the sole property of of American Banking News. If you are reading this article on another publication, it was stolen and reposted in violation of United States & international copyright laws. The correct version of this article can be viewed at https://www.americanbankingnews.com/2018/02/14/dynex-capital-dx-set-to-announce-quarterly-earnings-on-wednesday.html.

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.

Earnings History for Dynex Capital (NYSE:DX)

Receive News & Ratings for Dynex Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dynex Capital and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply