The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. However, as I mentioned, best mREIT is not exactly a compliment. Within the VGM Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F. As an investor, you want to buy srocks with the highest probability of success. Certainly part of the problem is that mREITs generally issue shares over time to fund asset purchases, and Dynex is no different. To view the Companys historical dividends information, please visit the Dividend History page. Volume is a useful item in many ways. Dynex Capital, Inc. (NYSE:DX - Get Rating) declared a monthly dividend on Wednesday, April 12th, Wall Street Journal reports. Q4 has a shot at a number that is close to zero, but these are the risks I call out for mREITs; movement in the yield curve or other external events can completely ruin the model. mREIT Dynex Capital (DX) announced a surprise partial call of their 7.625% DX-B shares of preferred stock late today.There was no mention of a partial redemption of the 7.625% DX-B issue. I am not receiving compensation for it (other than from Seeking Alpha). The 52 Week Price Change displays the percentage price change over the most recently completed 52 weeks (260 trading days). A strong weekly advance (especially when accompanied by increased volume) is a sought after metric for putting potential momentum stocks onto one's radar. Dynex Capital Inc (DX) Price & News - Google Finance NASDAQ data is at least 15 minutes delayed. Zacks Premium - The way to access to the Zacks Rank. In general, a lower number or multiple is usually considered better that a higher one. Since there is a fair amount of discretion in what's included and not included in the 'ITDA' portion of this calculation, it is considered a non-GAAP metric. moderately growing. As of September 30, 2021, 89% of their capital is allocated to Agency RMBS. The PEG ratio is the P/E ratio divided by its growth rate. However, one cannot reasonably expect that to persist. Dynex Capital, Inc. is incorporated in Virginia. Robert Colligan Is The Executive VP of Dynex Capital, Inc. (NYSE:DX The Value Scorecard identifies the stocks most likely to outperform based on its valuation metrics. [BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad). Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers. The Preferred A and B stock pays a regular quarterly dividend. Who is Dynex Capital, Inc.'s independent auditor? Weve got net interest income and gain/loss on sales of investments on a trailing-twelve-months basis for the past few years, in millions of dollars. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank. Others look for those that have lagged the market, believing those are the ones ripe for the biggest increases to come. Our analysis of the ownership of the company, below,. Diversified Dividend Compounder ABM Industries Moves Higher, -458.82% based on the trailing year of earnings. Thats not my opinion; its EPS chart above will tell you that. Note: there are many factors that can influence the longer-term number, not the least of which is the overall state of the economy (recession will reduce this number for example, while a recovery will inflate it), which can skew comparisons when looking out over shorter time frames. Still as high as you'll find. Im not sure Im fully bearish at this point just because the stock isnt necessarily expensive. Learn more about Zacks Equity Research reports. To report a factual error in this article. On October 28, 2020, Dynex Capital, Inc. issued a press release, which is available on its website (www.dynexcapital.com under. Since 2013 the management cut the dividend 7 times. Stock-picking AI Predicts Top Stocks of 2023, Why 2023 Could Kick Off a "Cash Frenzy" in Stocks. Debt to Capital (or D/C ratio) is the fraction of debt (including mortgages and long-term leases) to long-term capitalization. Like the P/E ratio, a lower number is considered better. The company uses leverage to borrow capital to be able to relend it on higher interest. I have no business relationship with any company whose stock is mentioned in this article. Cash Flow is a measurement of a company's health. I dont like mREITs, and I dont like Dynex. This is a medium-term price change metric (like the 4 week price change). Dynex Capital (DX) Dividend Yield, Date & History $12.35 +0.29 (+2.40%) (As of 02:14 PM ET) Compare Today's Range $12.02 $12.37 50-Day Range $10.55 $12.54 52-Week Range $10.39 $17.06 Volume 333,383 shs Average Volume 1.03 million shs Market Capitalization $668.26 million P/E Ratio N/A Dividend Yield 12.63% Price Target $14.44 Enterprise Value / Earnings Before Interest, Taxes, Depreciation and Amortization is a valuation metric used to measure a company's value and is helpful in comparing one stock to another. Item 2.02 Results of Operations and Financial Condition. Ideally, an investor would like to see a positive EPS change percentage in all periods, i.e., 1 week, 4 weeks, and 12 weeks. 1 month ago - Business Wire. Advertisement. The bottom line on Dynex is that while the company has made the best of a tough situation, it faces very deep structural issues that every mREIT faces, so Im naturally skeptical. When evaluating DX stock's intrinsic value, we see an undervalued stock. Dynex Capital, Inc. (DX) Stock Price, Quote & News - Stock Analysis Learn more on DX's annual dividend history. If you have additional questions, please contact Investor Relations at 804-217-5897 or askdx@dynexcapital.com. So the PEG ratio tells you what you're paying for each unit of earnings growth. A company with an ROE of 10%, for example, means it created 10 cents of assets for every $1 of shareholder equity in a given year. The M Industry (aka Medium Sized Industry) is a subset of the of the larger Sector category, which is used to classify all of the stocks in the Zacks Universe. I added some more in 2020 when there was blood in the street. (844) 978-6257. For example, a stock trading at $35 with earnings of $3 would have an earnings yield of 0.0857 or 8.57%. And margin rates can vary significantly across these different groups. When was Dynex Capital's most recent dividend payment? DX - Dynex Capital Inc Stock Price Quote - NYSE | Morningstar The median P/B ratio for stocks in the S&P is just over 3. For the calculations, I used Graham's DCF model. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. The M Industry values displayed in this column are the median values for all of the stocks within their respective industry. The Current Ratio is defined as current assets divided by current liabilities. Zacks Style Scores Education - Learn more about the Zacks Style Scores, NAValue | NAGrowth | NAMomentum | NAVGM. What Kind Of Shareholders Own Dynex Capital, Inc. (NYSE:DX)? - Nasdaq Dynex Capital, Inc. Declares Monthly Common Stock Dividend Of $0.13. Dynex Capital is a mortgage REIT (mREIT) and it provides financing for income-producing real estate by purchasing or originating mortgages and mortgage-backed securities (MBS) and earning income from the interest on these investments. Why not invest in an industry that doesn't have constant headwinds instead? Constellation Brands Stock Swings After Earnings Announcement, Freeport-McMoRan: Analysts Bullish Ahead Of Growth Copper's Spurt, The Nike Rebound Is Over; Buying Opportunity Ahead, Dividend King H.B. We transferred to the NYSE in 1989. For example, a regional bank would be classified in the Finance Sector. Its often used to measure a companys size. If you wish to go to ZacksTrade, click OK. It measures a company's ability to pay short-term obligations. 3:17-CV-1147 Before King, Stewart, and Southwick, Circuit Judges. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. Suite 520
Get short term trading ideas from the MarketBeat Idea Engine. Dynex trades for 0.9X TBV today, which is about in line with recent years. Using this item along with the 'Current Cash Flow Growth Rate' (in the Growth category above), and the 'Price to Cash Flow ratio' (several items above in this same Value category), will give you a well-rounded indication of the amount of cash they are generating, the rate of their cash flow growth, and the stock price relative to its cash flow. The company invests in both Agency-issued and non-Agency issued CMBS IO. In-depth profiles and analysis for 20,000 public companies. A potential interest rate rise will decrease DX's profitably and hurt its profit margin. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. The Momentum Scorecard focuses on price and earnings momentum and indicates when the timing is right to enter a stock. If a stock's Q1 estimate revision decreases leading up to its earnings release, that's usually a negative sign, whereas an increase is typically a positive sign. A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). 7 to IHCC's Master Repurchase and Securities Contract (as amended, the 'Repurchase Agreement') with Wells Fargo Bank, N.A. DX Stock Price | Dynex Capital Inc. Stock Quote (U.S.: NYSE With the currently undervalued stock growth and value investors might find a good place for their money but for income investors there are several red flags not to buy Dynex Capital. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. You can sign-up for e-mail notifications for press releases and SEC filings on our Investor Information/E-mail Notification page of this site. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. In other words, shareholders are rewarded modestly for taking undue risk and then get destroyed when that risk comes to fruition, such as what we can see below with Dynex Capitals (NYSE:DX) chart. Value Style - Learn more about the Value Style. Style is calculated by combining value and growth scores, which are first individually calculated. Only taking into consideration Dynex Capital's P/E ratio, intrinsic value, and recent performance the stock is a buy for both value and growth investors. Publicly traded REITs are owned by a variety of investors, including individuals, pension funds, endowment funds, insurance companies, bank trust departments and mutual funds. $. I have no business relationship with any company whose stock is mentioned in this article. A P/B of 0.5 means its selling at half its book value. ROE is always expressed as a percentage. With 12 weeks representing a meaningful part of a year, this time period will show whether a stock has been enjoying strong investor demand, or if it's in consolidation, or distress. A rising stock on above average volume is typically a bullish sign whereas a declining stock on above average volume is typically bearish. Eventually the Fed can only print so much money without igniting a Wiemar Republic rerun of run away inflation. Glen Allen, Virginia, which is near Richmond, Virginia. An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's. Upgrade to MarketBeat All Access to add more stocks to your watchlist. With a market capitalization of US$590m, Dynex Capital is a small cap stock, so it might not be well known by many institutional investors. Dynex has remained an outperformer of the mREITs as a group, but thats hardly an achievement. Appeal from the United States District Court for the Northern District of Texas USDC No. Return on Common Equity For Dynex Capital, Inc. (DX) The tested combination of price performance, and earnings momentum (both actual and estimate revisions), creates a powerful timeliness indicator to help you identify stocks on the move so you know when to get in and when to get out. It's an integral part of the Zacks Rank and a critical part in effective stock evaluation. But given the enormous headwinds the company is facing simply due to the yield curve, a typical historical valuation is too rich for my blood, particularly with a constantly declining dividend. Dynex Capital's next monthly dividend payment of $0.13 per share will be made to shareholders on Monday, July 3, 2023. A P/B of 2 means it's selling at 2 times its book value. This time period essentially shows you how the consensus estimate has changed from the time of their last earnings report. Click on a specific question below to view the answer. That does not mean that all companies with large growth rates will have a favorable Growth Score. Schedules First Quarter 2023 Earnings Release and . Ive made no secret of the fact that Im not exactly bullish on mREITs. You can contact us by e-mail at askdx@dynexcapital.com or by calling 1-804-217-5897. I don't anticipate a dividend reduction now. Mortgage REITs get destroyed anytime there is a disruption in the financial markets, and that description certainly fits the period of March 2020 for Dynex.