JMP Securities Reiterates Market Perform Rating for Dynex Capital (NYSE:DX)

Dynex Capital (NYSE:DX)‘s stock had its “market perform” rating reiterated by investment analysts at JMP Securities in a research report issued on Wednesday, Benzinga reports.

Other research analysts have also issued reports about the stock. StockNews.com lowered shares of Dynex Capital from a “hold” rating to a “sell” rating in a report on Wednesday, July 31st. Janney Montgomery Scott started coverage on shares of Dynex Capital in a report on Thursday, June 6th. They issued a “buy” rating and a $13.50 target price for the company. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $13.35.

Dynex Capital Trading Up 0.3 %

Shares of DX opened at $12.62 on Wednesday. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.20 and a quick ratio of 1.20. Dynex Capital has a 1 year low of $9.57 and a 1 year high of $13.40. The company has a 50 day simple moving average of $12.17 and a two-hundred day simple moving average of $12.16. The firm has a market cap of $809.98 million, a P/E ratio of 10.78 and a beta of 1.34.

Dynex Capital (NYSE:DX) last announced its quarterly earnings data on Monday, July 22nd. The real estate investment trust reported ($0.12) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.30). Dynex Capital had a net margin of 4.63% and a negative return on equity of 6.08%. The company had revenue of $76.05 million for the quarter. During the same period in the prior year, the business posted ($0.27) earnings per share. On average, equities analysts expect that Dynex Capital will post 1 earnings per share for the current fiscal year.

Institutional Trading of Dynex Capital

A number of institutional investors have recently bought and sold shares of DX. Westend Capital Management LLC bought a new stake in Dynex Capital in the first quarter worth $35,000. Allspring Global Investments Holdings LLC bought a new stake in shares of Dynex Capital during the second quarter worth $81,000. Valley Brook Capital Group Inc. bought a new stake in shares of Dynex Capital during the first quarter worth $103,000. ProShare Advisors LLC bought a new stake in shares of Dynex Capital during the first quarter worth $126,000. Finally, Squarepoint Ops LLC bought a new stake in shares of Dynex Capital during the second quarter worth $128,000. 38.34% of the stock is currently owned by institutional investors.

Dynex Capital Company Profile

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.