earnings
confidence high
sentiment negative
materiality 0.75
Dynex Capital reports Q3 2023 net loss of $0.82/sh; book value falls to $12.25
DYNEX CAPITAL INC
2023-Q3 EPS reported
-$0.67
- Total economic loss of $(1.56) per common share, or (11.0)% of beginning book value.
- Book value per common share declined to $12.25 from $14.20 at June 30, 2023.
- Comprehensive loss of $(1.59) per share; net loss of $(0.82) per diluted share.
- Purchased $865.3M of higher coupon Agency RMBS; leverage at 8.5x equity.
- Dividends declared $0.39 per common share for the quarter.