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Stock impact report

JonesResearch Maintains Buy on Dynex Capital (DX) Despite Near-Term Spread Noise [Yahoo! Finance]

Dynex Capital, Inc. (DX) 
Last dynex capital, inc. earnings: 11/1 08:00 am Check Earnings Report
US:NYSE Investor Relations: dynexcapital.com
Company Research Source: Yahoo! Finance
JonesResearch Maintains Buy on Dynex Capital (DX) Despite Near-Term Spread Noise Photo by Dan Dennis on Unsplash On April 20, JonesResearch analyst Jason Weaver lowered the firm's price recommendation on Dynex Capital, Inc. (NYSE:DX) to $14.75 from $15.25. It reiterated a Buy rating following the Q1 report. The firm said spread volatility is creating “near-term noise,” but it also extends Dynex's runway for attractive asset deployment. Mortgage spreads widened in the back half of the quarter, though the company's hedging portfolio performed well. The company reported Q1 2026 earnings on April 20. Book value was $12.60 per share at quarter-end. Chief Financial Officer Sartori said economic return for the period was negative 2.5%. This included $0.51 per share in common dividends and a $0.85 per share decline in book value. He also noted that leverage closed the quarter at 8.6x relative to total equity. At the same time, the company maintained a strong liquidity position, with $1 Show less Read more
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