With a 12 month low of $6.22 and a 12 month high of $8.67, Dynex has a market cap of $341.33 million. The company reported $0.24 earning per share (EPS) in its quarterly earnings Oct. 28, 2015, beating the Zacks consensus of $0.21 by $0.03. The same quarter last year Dynex posted an EPS of $0.25. Analysts project that the company will post earnings per share for the year of $1.23.
A quarterly dividend of $0.24 per share was paid on Oct. 30, 2015 to shareholders of record as of Oct. 6, 2015, representing an annualized dividend of $0.96, and dividend yield of 14.22 percent.
In a research note dated Oct. 29, Keefe, Bruyette & Woods cut their price objective from $7.75 to $7.40, while the Maxim Group lowered their target price for Dynex Capital from $8.75 to $8.25. Ladenburg Thalmann, which issued a “buy” rating on the stock, also lowered their price objective from $8.75 to $8.25 on Oct.29. Five of eight analysts have issued a buy rating on the stock, with a consensus target price of $7.86.
In trading Mon., Nov. 9, shares fell -1.78 percent to close at $6.63. ##
(Image credit: Dynex Capital)
