Jones Trading Maintains Buy on Dynex Cap, Lowers Price Target to $12.5
Jones Trading analyst Jason Weaver maintains Dynex Cap (NYSE:DX) with a Buy and lowers the price target from $14.75 to $12.5.
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Dynex Cap (NYSE:DX) reported quarterly earnings of $0.38 per share which missed the analyst consensus estimate of $0.40 by 5 percent. This is a 52 percent increase over earnings of $0.25 per share from the same period
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Jones Trading analyst Jason Weaver maintains Dynex Cap (NYSE:DX) with a Buy and lowers the price target from $14.75 to $12.5.
Dynex maintained leverage despite a 15.4% book value decline in Q3 2026 as 10-year Treasury yields exceeded 5%. The mortgage REIT is benefiting from low refinancing activity that stabilizes cash flows, attractive mortgage spreads, and reduced operating costs. Management expressed confidence in prospective returns without relying on rate cuts, citing stable funding and a scaled platform.
Dynex Cap (NYSE:DX) reported third-quarter financial results on Monday. The transcript from the company’s third-quarter earnings call has been provided below.This transcript is brought to you by Benzinga APIs. For
Fifth Third Bancorp headlines Monday’s reports as investors weigh whether merger synergies and loan trends can offset pressure on bank earnings. Cleveland-Cliffs and Dynex Capital report before the open; Steel Dynamics,
BTIG analyst Douglas Harter maintains Dynex Cap (NYSE:DX) with a Buy and lowers the price target from $14.5 to $12.