Today, the EVP and Co-CIO of Dynex Capital (DX), Smriti Laxman Popenoe, bought shares of DX for $15K.
In addition to Smriti Laxman Popenoe, 4 other DX executives reported Buy trades in the last month. This recent transaction increases Smriti Laxman Popenoe’s holding in the company by 1.75% to a total of $886.8K.
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Based on Dynex Capital’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $44.7 million and quarterly net profit of $25.59 million. In comparison, last year the company earned revenue of $35.9 million and had a net profit of $21.96 million. DX’s market cap is $354.1M and the company has a P/E ratio of 3.48. Currently, Dynex Capital has an average volume of 1.64M.
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Dynex Capital, Inc. is an internally managed mortgage real estate investment trust, which invests in residential and commercial mortgage-backed securities on a leveraged basis. It primarily invests in Agency and non-Agency mortgage-backed securities (MBS) consisting of residential MBS (RMBS), commercial MBS (CMBS), and CMBS interest-only (IO) securities.
