Dynex Capital Inc (DX)

NYSE
Currency in USD
13.71
-0.08(-0.58%)
Closed
After Hours
13.87+0.16(+1.17%)
DX Scorecard
Full Analysis
3 analysts have revised their earnings upwards for the upcoming period
Trading near 52-week High
Fair Value
Day's Range
13.6913.85
52 wk Range
11.3613.85
Key Statistics
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Prev. Close
13.71
Open
13.77
Day's Range
13.69-13.85
52 wk Range
11.36-13.85
Volume
2.82M
Average Volume (3m)
2.12M
1-Year Change
10.39%
Book Value / Share
9.38
Fair Value
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Fair Value Upside
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Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
13.58
Downside
-0.92%
Members' Sentiments
Bearish
Bullish
ProTips
Pays a significant dividend to shareholders
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Dynex Capital Inc Company Profile

Dynex Capital, Inc., a mortgage real estate investment trust, invests in mortgage-backed securities (MBS) on a leveraged basis in the United States. It invests in agency and non-agency MBS consisting of residential MBS, commercial MBS (CMBS), and CMBS interest-only securities. Agency MBS have a guaranty of principal payment by an agency of the U.S. government or a U.S. government-sponsored entity, such as Fannie Mae and Freddie Mac. Non-Agency MBS have no such guaranty of payment. The company has qualified as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal income taxes if it distributes at least 90% of its taxable income to its stockholders as dividends. Dynex Capital, Inc. was incorporated in 1987 and is headquartered in Glen Allen, Virginia.

Dynex Capital Inc SWOT Analysis


Market Dynamics
Explore Dynex Capital's navigation of interest rate fluctuations and market uncertainties in the Agency mortgage REIT sector, impacting its financial performance.
Financial Resilience
Delve into Dynex's Q3 2024 performance, showcasing a 0.9% book value gain amidst challenging market conditions, reflecting portfolio stability.
Strategic Positioning
Uncover Dynex's competitive stance with a 0.93x book value ratio and 13.2% dividend yield, aligning with sector medians and recent strategic moves.
Future Projections
Analyze Dynex's outlook amid potential Fed rate cuts, with revised EAD estimates ranging from ($1.05) in 2024 to $0.08 in 2025, and an average price target of $12.62.
Read full SWOT analysis

Dynex Capital Inc Earnings Call Summary for Q3/2024

  • Dynex Capital reported 7% economic return in Q3, 6.5% YTD; raised common dividend 15% to $0.15/share
  • Favorable investment environment noted: declining funding costs, steeper yield curve support positive carry
  • Company raised $56M in new capital; book value at $13/share; optimistic outlook for 2025 despite near-term risks
  • Management anticipates Fed funds rate 3-4%, mortgage rates 5-7%; preparing for election-related market volatility
  • Strategic focus on MBS, capital raising via ATM program; confident in achieving returns exceeding dividend yield
Last Updated: 2024/10/21, 23:46
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Compare DX to Peers and Sector

Metrics to compare
DX
Peers
Sector
Relationship
P/E Ratio
10.9x14.0x9.0x
PEG Ratio
0.020.060.03
Price/Book
1.1x0.8x1.0x
Price / LTM Sales
7.7x5.6x2.8x
Upside (Analyst Target)
−3.0%14.8%12.2%
Fair Value Upside
Unlock22.8%3.4%Unlock

Analyst Ratings

5 Buy
2 Hold
0 Sell
Ratings:
7 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 13.58
(-0.92% Downside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 1.5
Dividend Yield
13.05%
Industry Median 5.09%
Annualised payout
1.80
Paid monthly
5-Years Growth
-4.46%
Growth Streak

Earnings

Latest Release
Jan 27, 2025
EPS / Forecast
0.60 / 0.01
Revenue / Forecast
6.89M / 23.10M
EPS Revisions
Last 90 days

FAQ

What Is the Dynex Capital (DX) Stock Price Today?

The Dynex Capital stock price today is 13.71

What Stock Exchange Does Dynex Capital Trade On?

Dynex Capital is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Dynex Capital?

The stock symbol for Dynex Capital is "DX."

Does Dynex Capital Pay Dividends? What’s The Current Dividend Yield?

The Dynex Capital dividend yield is 13.05%.

What Is the Dynex Capital Market Cap?

As of today, Dynex Capital market cap is 1.16B.

What is Dynex Capital Earnings Per Share?

The Dynex Capital EPS is 1.50.

What Is the Next Dynex Capital Earnings Date?

Dynex Capital will release its next earnings report on 22 Apr 2025.

From a Technical Analysis Perspective, Is DX a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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