Dynex Capital, Inc. (NYSE:DX) Q3 2024 Earnings Conference Call October 21, 2024 10:00 AM ET Company Participants Alison Griffin - Vice President, Investor Relations Byron Boston - Chairman and Co-Chief Executive Officer Smriti Popenoe - Co-Chief Executive Officer, President and Chief Investment Officer T.J. Connelly - Senior Vice President, Strategy and Research Rob Colligan - Chief Financial Officer and Chief Operating Officer Conference Call Participants Bose George - KBW Eric Hagen - BTIG Trevor Cranston ...

X DYNEX CAPITAL INC. Third Quarter 2024 Earnings Presentation October 21, 2024 Safe Harbor Statement NOTE: This presentation contains certain statements that are not historical facts and that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this presentation addressing expectations, assumptions, beliefs, projections, estimates, future plans, strategies, and events, developments that we expect or anticipate will occur in the fut ...

Dynex Capital (DX) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of $0.29. This compares to loss of $0.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -134.48%. A quarter ago, it was expected that this mortgage real estate investment trust would post earnings of $0.18 per share when it actually produced a loss of $0.12, delivering a surprise of -166.67%.Over the last four quarters, th ...

PRESS RELEASE FOR IMMEDIATE RELEASE CONTACT: Alison Griffin OCTOBER 21, 2024 (804) 217-5897 DYNEX CAPITAL, INC. ANNOUNCES THIRD QUARTER 2024 RESULTS GLEN ALLEN, Va. -- Dynex Capital, Inc. ("Dynex" or the "Company") (NYSE: DX) reported its third quarter 2024 financial results today. Management will host a call today at 10:00 a.m. Eastern Time to discuss the results and business outlook. Details to access the call can be found below under "Earnings Conference Call." Financial Performance Summary • Total econo ...

You can get access to everything we have to offer right now. Try our service and decide for yourself. Want the best research? It's time to raise your game. Get access to several features you won't find on the public side. I'll be reviewing a preferred share issued by Dynex Capital ( DX ). For investors interested in the common stock, we recently had an article come out on Seeking Alpha about their Q2 2024 performance . DX is one Analyst's Disclosure: I/we have a beneficial long position in the shares of DX. ...

Dynex Capital (DX) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Since a chang ...

Real estate has been having a decent 2024. The S&P 500 Real Estate Select Sector SPDR (XLRE) has advanced 11.1% year to date as of Sept. 4. The sector declined till the end of June. However, optimism about the Fed introducing rate cuts in the economy and falling mortgage rates seem to have triggered a turnaround. Buoyed by signals from the Fed, the benchmark 30-year average mortgage rate fell to 6.5% late last week, its lowest level since May 2023. The 30-year fixed-rate mortgage fell further on Aug. 30 to ...

The real estate sector is having a moderate 2024. The S&P 500 Real Estate Select Sector SPDR (XLRE) has advanced 5.5% year to date as of Aug 6. This wasn't the scenario in the first part of the year, with the sector declining till the end of June. However, optimism about the Fed introducing rate cuts in the economy and falling mortgage rates seem to have triggered a turnaround. Buoyed by signals from the Fed, the benchmark 30-year average mortgage rate fell to 6.5% late last week, its lowest level since May ...

t_kimura By Scott Kennedy, produced with Colorado Wealth Management Fund. DX Commentary An "as expected" quarter regarding Dynex Capital's (NYSE:DX) BV, in my opinion. DX recorded a modest quarterly BV decrease, which was correctly anticipated. DX modestly increased the company's on-balance sheet fixed-rate agency MBS portfolio, while slightly increasing (proportionately speaking) its off-balance sheet net long TBA MBS position. The size of DX's investment portfolio increase was slightly larger vs. what I a ...

filo Mortgage real estate investment trusts are poised to become more attractive as passive income investments in a lower-rate environment. The central bank, after June's CPI report showed an ongoing cooling of inflation, is poised to lower rates soon. One mortgage real estate investment trust that I think could do well as the central bank cuts short-term interest rates is Dynex Capital, Inc. (NYSE:DX) which owns a big portfolio of Agency mortgage-backed securities in the residential market. With the centra ...