Dynex Capital (DX)
NYSE:DX
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DX Stock Chart & Stats
$13.61
-$0.06(-0.48%)
At close: 4:00 PM EST
$13.61
-$0.06(-0.48%)
Day’s Range― - ―
52-Week Range$11.83 - $14.93
Previous CloseN/A
Volume825.64K
Average Volume (3M)4.36M
Market Cap
$2.76B
Enterprise Value$22.25B
Total Cash (Recent Filing)$773.14M
Total Debt (Recent Filing)$21.05B
Price to Earnings (P/E)7.6
Beta0.50
Next Earnings
Jul 27, 2026EPS Estimate
0.37Next Dividend Ex-DateN/A
Dividend Yield14.63%
Share Statistics
EPS (TTM)1.71
Shares Outstanding215,150,910
10 Day Avg. Volume4,596,671
30 Day Avg. Volume4,361,153
Financial Highlights & Ratios
PEG Ratio0.09
Price to Book (P/B)0.71
Price to Sales (P/S)3.26
P/FCF Ratio14.39
Enterprise Value/Market Cap8.05
Enterprise Value/Revenue31.97
Enterprise Value/Gross Profit31.97
Enterprise Value/Ebitda28.92
Forecast
1Y Price Target
$14.83Price Target Upside8.99% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)1.46
Revenue Forecast (FY)$394.68M
Bulls Say, Bears Say
Bulls Say
Financial PerformanceDynex Capital has shown strong total stock return of +23% over the trailing 12 months, outperforming other mortgage REITs.
Investment RecommendationThe stock is recommended as a BUY due to its attractive yield and potential for capital appreciation if MBS spreads revert closer to their longer-term average.
Market StrategyThe company's leverage strategy is seen as a primary source of alpha creation, allowing for flexibility to adjust leverage and better prepare for market shocks.
Bears Say
Interest Rate SensitivityThe company's $500 million swaption position with a strike rate of 3.25% is considered a buffer for the 4% TBA position, which is among the more sensitive positions to extension risk.
Market RiskThere is preparation for unavoidable sensitivity to all mortgage REITs and servicers in a shock scenario where spreads widen sharply, expecting more convexity risk could appear for Agency MBS.
Dynex Capital News
DX FAQ
What was Dynex Capital’s price range in the past 12 months?
Dynex Capital lowest stock price was $11.82 and its highest was $14.93 in the past 12 months.
What is Dynex Capital’s market cap?
Dynex Capital’s market cap is $2.76B.
When is Dynex Capital’s upcoming earnings report date?
Dynex Capital’s upcoming earnings report date is Jul 27, 2026 which is in 33 days.
How were Dynex Capital’s earnings last quarter?
Dynex Capital released its earnings results on Apr 20, 2026. The company reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.313 by -$0.003.
Is Dynex Capital overvalued?
According to Wall Street analysts Dynex Capital’s price is currently Undervalued.
Does Dynex Capital pay dividends?
Dynex Capital pays a Monthly dividend of $0.17 which represents an annual dividend yield of 14.63%. See more information on Dynex Capital dividends here
What is Dynex Capital’s EPS estimate?
Dynex Capital’s EPS estimate is 0.37.
How many shares outstanding does Dynex Capital have?
Dynex Capital has 215,150,910 shares outstanding.
What happened to Dynex Capital’s price movement after its last earnings report?
Dynex Capital reported an EPS of $0.31 in its last earnings report, missing expectations of $0.313. Following the earnings report the stock price went up 0.81%.
Which hedge fund is a major shareholder of Dynex Capital?
Currently, no hedge funds are holding shares in DX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Dynex Capital Stock Smart Score
Outperform
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10
Analyst Consensus
Strong Buy
Average Price Target:
$14.83 (8.99% Upside)
$14.83 (8.99% Upside)
Blogger Sentiment
Bullish
DX Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 1.8M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $24.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.4%
Last 30 Days ▲ 0.5%
Last 30 Days ▲ 0.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
24.89%
12-Months-Change
Fundamentals
Return on Equity
11.05%
Trailing 12-Months
Asset Growth
169.14%
Trailing 12-Months
Company Description
Dynex Capital
Dynex Capital, Inc. operates as a mortgage real estate investment trust (mREIT), primarily engaging in the leveraged acquisition of various mortgage-backed securities (MBS) within the United States. Its investment portfolio includes both agency and non-agency MBS. Agency MBS are distinguished by a principal payment guarantee from a U.S. government entity or a government-sponsored enterprise (GSE), such as Fannie Mae or Freddie Mac. In contrast, non-agency MBS do not possess this governmental backing. Dynex's holdings specifically encompass residential MBS, commercial MBS (CMBS), and certain CMBS interest-only instruments. For federal income tax purposes, the company holds the designation of a real estate investment trust. This status typically exempts Dynex Capital from federal corporate income tax liabilities, provided it distributes a minimum of 90% of its taxable earnings to its shareholders. Established in 1987, the firm maintains its corporate headquarters in Glen Allen, Virginia.
DX Company Deck
DX Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call highlighted meaningful operational progress: significant capital base growth (18%), strong liquidity (>$1.3B and >46% of equity), opportunistic deployment of $442M, net interest income improvement (~42.9% increase q/q), reduced exposure to highly callable TBAs (from >16% to ~7%), and an estimated post-quarter book value rebound (+5.6% QTD to $13.31). Lowlights included a negative economic return of -2.5% for the quarter (a $0.85 per share decline in book value), increased leverage (8.6x), transient spread widening amid geopolitical-driven volatility, and a near-term rise in G&A from one-time items. On balance, management emphasizes durable liquidity, attractive forward returns (mid- to high-teens static ROEs), and policy-driven upside for tighter spreads, while acknowledging short-term volatility and policy dependence.View all DX earnings summariesDX Stock 12 Month Forecast
Average Price Target
$14.83
▲(8.99% Upside)
Technical Analysis
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Ownership Overview
0.84% Insiders
8.93% Mutual Funds
4.35% Other Institutional Investors
72.95% Public Companies and Individual Investors