Dynex Capital (NYSE:DX) released its quarterly earnings results on Wednesday. The real estate investment trust reported $0.36 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.28 by $0.08, MarketWatch Earnings reports. Dynex Capital had a positive return on equity of 14.39% and a negative net margin of 118.97%.

Shares of DX traded down $0.19 during mid-day trading on Thursday, reaching $15.54. The company had a trading volume of 13,595 shares, compared to its average volume of 260,195. The firm has a 50-day moving average price of $14.35 and a 200 day moving average price of $14.82. Dynex Capital has a 52 week low of $7.04 and a 52 week high of $20.34. The company has a market capitalization of $358.95 million, a price-to-earnings ratio of -1.73 and a beta of 1.33.

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, August 4th. Shareholders of record on Thursday, July 23rd will be given a dividend of $0.13 per share. The ex-dividend date of this dividend is Wednesday, July 22nd. This represents a $1.56 annualized dividend and a yield of 10.04%. Dynex Capital’s payout ratio is 74.64%.

A number of research firms have weighed in on DX. Zacks Investment Research upgraded Dynex Capital from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 7th. ValuEngine downgraded Dynex Capital from a “sell” rating to a “strong sell” rating in a research report on Friday, July 3rd. Finally, LADENBURG THALM/SH SH upgraded Dynex Capital from a “neutral” rating to a “buy” rating in a research report on Wednesday.

About Dynex Capital

Dynex Capital, Inc, a mortgage real estate investment trust, invests in mortgage-backed securities (MBS) on a leveraged basis in the United States. It invests in agency and non-agency MBS consisting of residential MBS, commercial MBS (CMBS), and CMBS interest-only securities. Agency MBS have a guaranty of principal payment by an agency of the U.S.

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Earnings History for Dynex Capital (NYSE:DX)

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