Dynex Capital Inc (DX) reported quarterly earnings results on Wednesday, Apr-27-2016. The company reported $0.22 earnings per share for the quarter, missing the analyst consensus estimate by $-0.02. Analysts had a consensus of $0.24. Analysts expectations of $18.21 million. During the same quarter in the previous year, the company posted $0.23 EPS.
Many Wall Street Analysts have commented on Dynex Capital Inc. Shares were Reiterated by Maxim Group on Feb 18, 2016 to “Buy” and Lowered the Price Target to $ 7.75 from a previous price target of $8.25 .
Dynex Capital Inc closed down -0.01 points or -0.15% at $6.7 with 1,31,680 shares getting traded on Friday. Post opening the session at $6.71, the shares hit an intraday low of $6.67 and an intraday high of $6.7299 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
In a different news, on Aug 12, 2015, James C Iii Wheat (director) purchased 18,000 shares at $6.49 per share price. According to the SEC, on May 29, 2015, Robert A Salcetti (director) purchased 5,500 shares at $7.76 per share price. On Apr 2, 2015, Barry Igdaloff (director) sold 5,000 shares at $8.56 per share price, according to the Form-4 filing with the securities and exchange commission.
Dynex Capital Inc. is an internally managed mortgage real estate investment trust (mortgage REIT) which invests in residential and commercial mortgage securities on a leveraged basis. The Firm’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. The Firm seeks to provide returns to its shareholders through regular quarterly dividends and through capital appreciation. The Firm’s operations consisted of originating and securitizing various types of loans principally single-family and commercial mortgage loans and manufactured housing loans. The Firm invests in Agency and non-Agency mortgage-backed securities (MBS). MBS consist of residential MBS (RMBS) and commercial MBS (CMBS) including CMBS interest-only (IO) securities.