3-May-2024
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Dynex Capital, Inc. Announces First Quarter 2024 Results
Business Wire (Mon, 22-Apr 8:00 AM ET)
Dynex Capital, Inc. Declares Monthly Common Stock Dividend of $0.13
Business Wire (Fri, 12-Apr 9:22 AM ET)
Dynex Capital, Inc. Schedules First Quarter 2024 Earnings Release and Conference Call
Business Wire (Wed, 10-Apr 4:29 PM ET)
Dynex Capital, Inc. Declares First Quarter 2024 Series C Preferred Stock Dividend
Business Wire (Fri, 22-Mar 5:04 PM ET)
Business Wire (Tue, 12-Mar 4:26 PM ET)
Dynex Capital Inc is an internally managed mortgage real estate investment trust, which invests in mortgage-backed securities. The company invests in residential and commercial mortgage-backed securities. Its objective is to provide attractive risk-adjusted returns to shareholders over the long term that are reflective of a leveraged, high quality fixed income portfolio with a focus on capital preservation. Its investments consist principally of Agency mortgage-backed securities including residential MBS and commercial MBS.
Dynex Capital trades on the NYSE stock market under the symbol DX.
As of May 3, 2024, DX stock price climbed to $12.08 with 959,803 million shares trading.
DX has a beta of 1.78, meaning it tends to be more sensitive to market movements. DX has a correlation of 0.58 to the broad based SPY ETF.
DX has a market cap of $775.06 million. This is considered a Small Cap stock.
Last quarter Dynex Capital reported $-3 million in Revenue and -$.30 earnings per share. This fell short of revenue expectation by $-3 million and missed earnings estimates by -$.21.
In the last 3 years, DX stock traded as high as $20.51 and as low as $9.57.
The top ETF exchange traded funds that DX belongs to (by Net Assets): VTI, IWM, KBWD, VXF, REM.
DX has underperformed the market in the last year with a return of +25.1%, while the SPY ETF gained +27.0%. In the last 3 month period, DX fell short of the market, returning +1.1%, while SPY returned +3.7%. However, in the most recent 2 weeks DX has outperformed the stock market by returning +5.4%, while SPY returned +3.3%.
DX support price is $11.79 and resistance is $12.19 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DX stock will trade within this expected range on the day.