NYSE$DX
Dynex Capital Inc · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Dynex Capital reported financial results for the second quarter of 2023.
Dynex Capital reported a total economic return of $0.79 per common share, an increase in book value per common share to $14.20, and declared dividends of $0.39 per common share for the second quarter of 2023. The company purchased $2.2 billion of higher coupon Agency residential mortgage-backed securities during the quarter and maintained liquidity in excess of $561.5 million.
- Total economic return of $0.79 per common share, or 5.7% of beginning book value.
- Book value per common share increased $0.40 to $14.20 as of June 30, 2023.
- Dividends declared of $0.39 per common share for the second quarter of 2023.
- Purchased $2.2 billion of higher coupon Agency residential mortgage-backed securities during the second quarter.
Headline financials
Revenue & EPS history
Dynex Capital · Revenue · Quarterly
-$32.7M
Forward guidance
The company is focused on protecting book value through disciplined risk management while its net interest earnings continue to be impacted by increasing borrowing costs.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2023
-0.6%
Avg return
Earnings day
+0.3%
Avg return
5 days after
+0.3%
Avg return
30 days after
41%
27 / 66 earnings
Positive
+13.5%
Q1 2022
Best reaction
-10.4%
Q2 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.7% | +1.1% | -5.5% | |
| Q4 2025 | +0.0% | -5.1% | -4.5% | |
| Q3 2025 | +0.2% | +0.1% | +0.2% | |
| Q2 2025 | -0.5% | -1.1% | -0.8% | |
| Q1 2025 | -1.8% | +4.8% | +3.1% | |
| Q4 2024 | +1.2% | +5.1% | +10.5% | |
| Q3 2024 | -1.3% | -1.7% | -1.7% | |
| Q2 2024 | +1.0% | -1.0% | +0.3% | |
| Q1 2024 | +1.0% | +1.8% | +5.0% | |
| Q4 2023 | -1.5% | -2.8% | -4.3% | |
| Q3 2023 | -4.7% | -10.0% | +6.8% | |
| Q2 2023 | +5.9% | +5.6% | -1.4% | |
| Q1 2023 | -1.0% | +0.5% | -8.3% | |
| Q4 2022 | -3.8% | -2.4% | -13.8% | |
| Q3 2022 | -2.1% | +3.2% | +11.0% | |
| Q2 2022 | -0.5% | +1.9% | -4.4% | |
| Q1 2022 | +13.5% | +13.7% | +12.9% | |
| Q4 2021 | +0.8% | +3.6% | -3.5% | |
| Q3 2021 | -1.5% | -0.2% | -3.3% | |
| Q2 2021 | +2.0% | -0.2% | +1.8% | |
| Q1 2021 | +2.9% | +3.2% | -0.1% | |
| Q4 2020 | +3.6% | -2.3% | +2.0% | |
| Q3 2020 | +5.2% | +4.4% | +12.0% | |
| Q2 2020 | +1.0% | -0.1% | +4.6% | |
| Q1 2020 | -3.2% | -6.7% | +6.6% | |
| Q4 2019 | +5.1% | +5.9% | -2.4% | |
| Q3 2019 | +5.6% | +3.7% | +9.2% | |
| Q2 2019 | -3.7% | -6.3% | -16.8% | |
| Q1 2019 | -1.5% | -2.0% | -9.8% | |
| Q4 2018 | -2.6% | -1.6% | -1.6% | |
| Q3 2018 | +0.0% | +1.0% | +1.9% | |
| Q2 2018 | -2.7% | -3.9% | -2.7% | |
| Q1 2018 | -1.5% | +0.6% | -1.5% | |
| Q4 2017 | -0.6% | +1.8% | +1.3% | |
| Q3 2017 | +0.3% | -1.1% | +2.3% | |
| Q2 2017 | +3.2% | +2.9% | +4.0% | |
| Q1 2017 | -5.9% | -6.0% | -5.7% | |
| Q4 2016 | +1.3% | +1.5% | +3.3% | |
| Q3 2016 | -4.2% | -2.6% | -2.5% | |
| Q2 2016 | +2.1% | +4.5% | +7.3% | |
| Q1 2016 | -5.3% | — | — | |
| Q4 2015 | +2.9% | — | — | |
| Q3 2015 | +3.3% | — | — | |
| Q2 2015 | -10.4% | — | — | |
| Q1 2015 | -2.4% | — | — | |
| Q4 2014 | -0.4% | — | — | |
| Q3 2014 | +1.0% | — | — | |
| Q2 2014 | -1.7% | — | — | |
| Q1 2014 | -0.5% | — | — | |
| Q4 2013 | -2.4% | — | — | |
| Q3 2013 | -3.5% | — | — | |
| Q2 2013 | -10.2% | — | — | |
| Q1 2013 | -0.2% | — | — | |
| Q1 2010 | +0.3% | — | — | |
| Q4 2012 | -0.8% | — | — | |
| Q3 2012 | -0.9% | — | — | |
| Q2 2012 | +1.8% | — | — | |
| Q4 2011 | +1.8% | — | — | |
| Q1 2011 | +1.5% | — | — | |
| Q1 2012 | +0.7% | — | — | |
| Q3 2010 | -0.6% | — | — | |
| Q3 2011 | -0.6% | — | — | |
| Q2 2011 | -5.8% | — | — | |
| Q4 2010 | -5.8% | — | — | |
| Q4 2009 | -5.8% | — | — | |
| Q2 2010 | -5.8% | — | — |
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