NYSE$DX
Dynex Capital Inc · Q4 2019 earnings
Q4 2019 earnings · · Investor relations
Briefing
Reported fourth quarter and full year results.
Dynex Capital, Inc. reported a comprehensive income of $0.37 per common share for the fourth quarter of 2019, which included $2.26 net income per common share. Core net operating income, a non-GAAP measure, was $0.66 per common share. The company's leverage, including TBA long positions, was 9.0x shareholders’ equity at the end of the quarter.
- Comprehensive income of $0.37 per common share comprised of $2.26 net income per common share and $(1.87) other comprehensive loss per common share on available-for-sale securities
- Core net operating income, a non-GAAP measure, of $0.66 per common share
- Net interest spread and adjusted net interest spread, a non-GAAP measure, of 1.10% and 1.53%, respectively
- Quarterly economic return to common shareholders of 2.2% based on dividends declared of $0.45 per common share less the decline in book value per common share of $(0.06) to $18.01 at December 31, 2019
Headline financials
Revenue & EPS history
Dynex Capital · Revenue · Quarterly
$16.2M
Forward guidance
Management estimates book value as of January 31, 2020 to be in the range of $19.30 to $19.50 per common share, 7-8% higher than book value per common share as of December 31, 2019
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 Q4 2019
-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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