Over the past three months, shares of Dynex Cap Inc. (NYSE:DX) increased by 27.96%. Before having a look at the importance of debt, let's look at how much debt Dynex Cap has.
Companies Reporting Before The Bell
• Franklin Resources (NYSE:BEN) is expected to report quarterly earnings at $0.54 per share on revenue of $1.86 billion.
During Fed tightening cycles due to inflation, real estate investment trusts posted positive total returns in 85% of periods with rising Treasury yields from the first quarter of 1992 to the fourth quarter of 2021, according to Nareit.
After reporting less than expected funds from operations, Dynex Capital Inc (NYSE: DX) dropped to a new 52-week low and then found enough buyers to bounce back a bit. The real estate investment trust ended up 1.73% on Tuesday, 10/25.