Dynex Capital, Inc. Provides Earnings Guidance for Fourth Quarter Ended December 31, 2018
January 29, 2019 at 03:05 am IST
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Dynex Capital, Inc. provided earnings guidance for fourth quarter ended December 31, 2018. Net loss to common shareholders of approximately $81.5 million versus net income to common shareholders of $22.6 million for the quarter ended September 30, 2018, or net loss per common share of approximately $1.34 versus net income of $0.39 per common share for the quarter ended September 30, 2018. Core net operating income to common shareholders of approximately $10.9 million, or $0.18 on a per share basis for the quarter ended December 31, 2018 versus $10.8 million and $0.19 per common share for the quarter ended September 30, 2018.
Dynex Capital, Inc. is an internally managed mortgage real estate investment trust (REIT), which invests in mortgage-backed securities (MBS). The Companyâs objective is to provide attractive risk-adjusted returns to its shareholders over the long term that are reflective of a leveraged, high quality fixed income portfolio with a focus on capital preservation. The Company seeks to provide returns to its shareholders primarily through the payment of regular dividends and through capital appreciation of its investments. The Company primarily invested in Agency MBS, including residential MBS (Agency RMBS). Its investment portfolio also comprised of Agency commercial MBS (Agency CMBS) and Agency and non-Agency CMBS interest-only (CMBS IO) securities.
DYNEX CAPITAL, INC. 
