Press coverage about Dynex Capital (NYSE:DX) has been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Dynex Capital earned a news impact score of 0.15 on Accern’s scale. Accern also assigned news coverage about the real estate investment trust an impact score of 46.4692503336993 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
- Dynex Capital, Inc. (NYSE:DX) Given Consensus Rating of “Hold” by Brokerages (americanbankingnews.com)
- Gold prices hold steady ahead of U.S. jobs data (finance.yahoo.com)
- Top 5 things that moved markets this past week (finance.yahoo.com)
- Dynex Capital, Inc. breached its 50 day moving average in a Bullish Manner : DX-US : August 3, 2017 (finance.yahoo.com)
- Edited Transcript of DX earnings conference call or presentation 2-Aug-17 2:00pm GMT (finance.yahoo.com)
Dynex Capital (DX) traded down 0.42% on Friday, hitting $7.11. The stock had a trading volume of 376,433 shares. The stock has a 50-day moving average of $6.97 and a 200-day moving average of $6.89. Dynex Capital has a one year low of $6.49 and a one year high of $7.61. The company has a market cap of $350.05 million, a PE ratio of 4.36 and a beta of 0.85.
Dynex Capital (NYSE:DX) last announced its earnings results on Wednesday, August 2nd. The real estate investment trust reported $0.19 EPS for the quarter, beating the consensus estimate of $0.16 by $0.03. Dynex Capital had a return on equity of 11.01% and a net margin of 93.54%. The business had revenue of $16.10 million during the quarter, compared to the consensus estimate of $14.26 million. During the same period in the prior year, the business posted $0.21 earnings per share. Dynex Capital’s revenue was down 3.6% compared to the same quarter last year. Equities analysts expect that Dynex Capital will post $0.68 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Friday, July 28th. Stockholders of record on Thursday, July 6th were issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 10.13%. The ex-dividend date of this dividend was Monday, July 3rd. Dynex Capital’s dividend payout ratio is 46.75%.
A number of research firms have commented on DX. Zacks Investment Research raised Dynex Capital from a “sell” rating to a “hold” rating in a report on Tuesday, July 11th. BidaskClub downgraded Dynex Capital from a “buy” rating to a “hold” rating in a report on Tuesday, July 11th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $7.00 target price on shares of Dynex Capital in a report on Wednesday, April 26th. Five research analysts have rated the stock with a hold rating, The stock has an average rating of “Hold” and a consensus target price of $7.13.
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In related news, Director Barry Igdaloff sold 7,693 shares of the stock in a transaction dated Thursday, June 1st. The stock was sold at an average price of $6.90, for a total value of $53,081.70. Following the completion of the sale, the director now directly owns 317,185 shares of the company’s stock, valued at approximately $2,188,576.50. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 7.14% of the stock is currently owned by corporate insiders.
Dynex Capital Company Profile
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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