Media stories about Dynex Capital (NYSE:DX) have been trending somewhat positive on Monday, Accern reports. The research group identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Dynex Capital earned a daily sentiment score of 0.18 on Accern’s scale. Accern also assigned media stories about the real estate investment trust an impact score of 48.3937595758985 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the news articles that may have effected Accern Sentiment’s rankings:
A number of equities analysts have weighed in on DX shares. BidaskClub raised Dynex Capital from a “hold” rating to a “buy” rating in a research report on Saturday, August 26th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $7.25 price target on shares of Dynex Capital in a research report on Friday, October 6th. Finally, Ladenburg Thalmann Financial Services reaffirmed a “buy” rating and set a $7.50 price target on shares of Dynex Capital in a research report on Tuesday, October 10th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $7.38.
Shares of Dynex Capital (NYSE:DX) traded up $0.02 during trading on Monday, hitting $7.18. The stock had a trading volume of 322,906 shares, compared to its average volume of 332,082. Dynex Capital has a one year low of $6.58 and a one year high of $7.41. The company has a current ratio of 0.08, a quick ratio of 0.08 and a debt-to-equity ratio of 0.01. The company has a market cap of $381.05, a PE ratio of 9.81 and a beta of 0.81.
Dynex Capital (NYSE:DX) last posted its quarterly earnings results on Wednesday, November 1st. The real estate investment trust reported $0.19 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.01. Dynex Capital had a return on equity of 11.08% and a net margin of 86.86%. The business had revenue of $13.21 million for the quarter, compared to analysts’ expectations of $15.36 million. During the same quarter in the prior year, the business earned $0.20 EPS. The firm’s revenue for the quarter was down 12.3% on a year-over-year basis. analysts forecast that Dynex Capital will post 0.72 earnings per share for the current fiscal year.
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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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