News stories about Dynex Capital (NYSE:DX) have been trending somewhat positive this week, according to AlphaOne. AlphaOne, a service of Accern, scores the sentiment of media coverage by monitoring more than 20 million news and blog sources. AlphaOne ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Dynex Capital earned a news impact score of 0.02 on AlphaOne’s scale. AlphaOne also assigned press coverage about the real estate investment trust an impact score of 54 out of 100, indicating that recent media coverage is somewhat likely to have an effect on the stock’s share price in the next several days.
Here are some of the news stories that may have impacted Alpha One Sentiment Analysis’s analysis:
- Dynex Capital, Inc. : Announces Schedule for First Quarter 2017 Results (4-traders.com)
- Dynex Capital Inc (DX) Given Consensus Recommendation of “Hold” by Analysts (americanbankingnews.com)
- Dynex Capital, Inc. Announces Schedule for First Quarter 2017 Results (finance.yahoo.com)
- MORL 20.3% Dividend Yield Still Makes It A Buy (seekingalpha.com)
DX has been the topic of several research reports. Keefe, Bruyette & Woods reissued a “hold” rating on shares of Dynex Capital in a report on Thursday, March 23rd. TheStreet raised shares of Dynex Capital from a “d” rating to a “c” rating in a report on Wednesday, February 15th. Finally, JMP Securities lowered shares of Dynex Capital from a “market outperform” rating to a “market perform” rating in a report on Friday, January 13th. Five research analysts have rated the stock with a hold rating, The company has a consensus rating of “Hold” and a consensus target price of $7.13.
Dynex Capital (NYSE:DX) traded up 0.14% during trading on Friday, reaching $7.11. 450,733 shares of the company’s stock traded hands. Dynex Capital has a 12-month low of $6.33 and a 12-month high of $7.61. The company has a market cap of $349.76 million, a PE ratio of 10.29 and a beta of 0.83. The company has a 50 day moving average price of $6.90 and a 200-day moving average price of $6.86.
Dynex Capital (NYSE:DX) last issued its quarterly earnings data on Wednesday, February 15th. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.20. Dynex Capital had a net margin of 6.95% and a return on equity of 13.20%. The company had revenue of $16.11 million for the quarter, compared to the consensus estimate of $15.10 million. During the same period last year, the firm posted $0.25 EPS. Dynex Capital’s revenue for the quarter was down 18.1% on a year-over-year basis. On average, equities research analysts forecast that Dynex Capital will post $0.78 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 28th. Shareholders of record on Wednesday, April 5th will be given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 10.13%. The ex-dividend date of this dividend is Monday, April 3rd. Dynex Capital’s payout ratio is currently -1,399.77%.
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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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