Dynex Capital (DX) Earning Somewhat Positive Media Coverage, Analysis Finds

Headlines about Dynex Capital (NYSE:DX) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Dynex Capital earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave news coverage about the real estate investment trust an impact score of 46.054836209734 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Here are some of the media stories that may have effected Accern’s rankings:

A number of equities research analysts have weighed in on the company. Zacks Investment Research raised Dynex Capital from a “hold” rating to a “buy” rating and set a $8.00 target price for the company in a research report on Tuesday, December 12th. Ladenburg Thalmann Financial Services reissued a “buy” rating and issued a $7.50 price target on shares of Dynex Capital in a research report on Tuesday, October 10th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $7.25 price target on shares of Dynex Capital in a research report on Friday, October 6th. Finally, BidaskClub raised Dynex Capital from a “hold” rating to a “buy” rating in a research report on Saturday, August 26th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $7.58.

Dynex Capital (NYSE DX) opened at $7.21 on Tuesday. The company has a market capitalization of $386.37, a price-to-earnings ratio of 9.95 and a beta of 0.81. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.08 and a quick ratio of 0.08. Dynex Capital has a 1 year low of $6.58 and a 1 year high of $7.41.

Dynex Capital (NYSE:DX) last released its quarterly earnings results on Wednesday, November 1st. The real estate investment trust reported $0.19 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.18 by $0.01. The firm had revenue of $13.21 million during the quarter, compared to analyst estimates of $15.36 million. Dynex Capital had a return on equity of 11.08% and a net margin of 86.86%. The business’s revenue for the quarter was down 12.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.20 EPS. research analysts anticipate that Dynex Capital will post 0.72 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Friday, December 29th will be given a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 9.99%. The ex-dividend date is Thursday, December 28th. Dynex Capital’s payout ratio is 50.00%.

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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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