The earnings call highlighted significant growth in market capitalization and portfolio size, successful capital raising, and increased dividends, which are positive indicators. However, challenges such as market volatility and demand concerns in the mortgage markets create some uncertainty. Overall, the positive aspects notably outweigh the negative, suggesting a strong performance outlook.

Company Guidance -

Q3 2025

In the recent Dynex Capital, Inc. Second Quarter Earnings Conference Call, held on July 21, 2025, several key metrics and strategic updates were discussed. The company's market capitalization exceeded $1.5 billion as of June 30, 2025, marking an almost 50% growth since June 2024. The investment portfolio expanded by over $3 billion this quarter, reaching $14 billion, a 25% increase from the previous quarter and over 50% year-over-year growth. Dynex raised $560 million in new capital this year, with a focus on deploying it into agency RMBS and CMBS markets. The portfolio's leverage was increased from 7.4 in the previous quarter to 8.3, while maintaining a liquidity of $891 million, or 55% of total equity. The company reported that its net interest income is on the rise, and the ROEs on newly acquired positions range from the mid-teens to low 20% range. The strategic focus remains on disciplined risk management, leveraging the stable mortgage repo market, and capitalizing on wide mortgage spreads to deliver strong risk-adjusted returns.

Significant Market Capitalization Growth

Dynex's market capitalization as of June 30 is over $1.5 billion, representing nearly 50% growth since June 2024.

Increased Portfolio Size and Liquidity

Dynex's portfolio is 25% larger since the end of the first quarter, standing at $14 billion compared to $11 billion, with liquidity at $891 million or 55% of total equity.

Successful Capital Raising

Raised $560 million of new capital, with stock performing well, allowing capital raising at a premium to book value.

Strong ROE on New Acquisitions

ROEs on newly acquired positions when fully hedged with interest rate swaps range from mid-teens to low 20%.

Increased Dividend

Dividends have been increased above pre-COVID levels, reflecting a focus on generating long-term returns for shareholders.

Dynex Capital (DX) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

DX Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 27, 2025	2025 (Q3)	0.30 / -	-0.1	―	―	―
Jul 21, 2025	2025 (Q2)	0.33 / 0.22	-0.12	283.33% (+0.34)
Apr 21, 2025	2025 (Q1)	0.30 / 0.21	-0.3	169.00% (+0.51)
Jan 27, 2025	2024 (Q4)	0.02 / 0.10	-0.24	141.67% (+0.34)
Oct 21, 2024	2024 (Q3)	-0.10 / -0.10	-0.28	64.29% (+0.18)
Jul 22, 2024	2024 (Q2)	-0.20 / -0.12	-0.27	55.56% (+0.15)
Apr 22, 2024	2024 (Q1)	-0.12 / -0.30	-0.16	-87.50% (-0.14)
Jan 29, 2024	2023 (Q4)	-0.13 / -0.24	0.03	-900.00% (-0.27)
Oct 23, 2023	2023 (Q3)	-0.20 / -0.28	0.24	-216.67% (-0.52)
Jul 24, 2023	2023 (Q2)	-0.20 / -0.27	0.4	-167.50% (-0.67)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

DX Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 21, 2025	$12.19	$12.20	+0.08%
Apr 21, 2025	$10.88	$10.68	-1.84%
Jan 27, 2025	$11.51	$11.64	+1.13%
Oct 21, 2024	$10.99	$10.92	-0.64%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Dynex Capital (DX) report earnings?

Dynex Capital (DX) is schdueled to report earning on Oct 27, 2025, Before Open (Confirmed).

What is Dynex Capital (DX) earnings time?

Dynex Capital (DX) earnings time is at Oct 27, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is DX EPS forecast?

DX EPS forecast for the fiscal quarter 2025 (Q3) is 0.3.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing