Dynex Capital, Inc. (DX)

NYSE: DX · Real-Time Price · USD
12.93
-0.29 (-2.19%)
At close: Mar 18, 2026, 4:00 PM EDT
13.02
+0.09 (0.70%)
After-hours: Mar 18, 2026, 7:57 PM EDT
Market Cap2.61B +106.6%
Revenue (ttm)372.11M +147.4%
Net Income308.88M +180.1%
EPS2.47 +65.8%
Shares Out 201.98M
PE Ratio5.23
Forward PE11.04
Dividend$2.04 (15.78%)
Ex-Dividend DateMar 23, 2026
Volume7,199,216
Open13.13
Previous Close13.22
Day's Range12.93 - 13.19
52-Week Range10.79 - 14.93
Beta0.96
AnalystsBuy
Price Target14.25 (+10.21%)
Earnings DateApr 20, 2026

About DX

Dynex Capital, Inc., a mortgage real estate investment trust, invests in residential and commercial mortgage-backed securities (MBS) in the United States. 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 do not have a guaranty of principal or interest payments. 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 distri... [Read more]

Founded 1987
Employees 28
Stock Exchange NYSE
Ticker Symbol DX
Full Company Profile

Financial Performance

In 2025, Dynex Capital's revenue was $372.11 million, an increase of 147.42% compared to the previous year's $150.40 million. Earnings were $308.88 million, an increase of 190.83%.

Financial Statements

Analyst Summary

According to 3 analysts, the average rating for DX stock is "Buy." The 12-month stock price target is $14.25, which is an increase of 10.21% from the latest price.

Price Target
$14.25
(10.21% upside)
Analyst Consensus: Buy
Stock Forecasts

News

26 Ideal 'Safer' MoPay Buyable March Dividends From 81 Equities And 80 Funds

March's top-yielding monthly pay (MoPay) equities offer annual dividends from $1K invested exceeding their share price, presenting volatile but potentially lucrative opportunities. Analyst estimates s...

5 days ago - Seeking Alpha

Dynex Capital, Inc. Declares Common and Preferred Stock Dividends

GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc., a REIT with a long track record of generating dividends from high-quality mortgage assets, announced today that the Company's Board of Directors ...

7 days ago - Business Wire

DX And NLY: A 13.6% Yield Barbell Strategy For Turbulent Times

Combining DX and NLY offers a defensive, high-yield mREIT strategy amid market turbulence and rising interest rate volatility. DX provides higher leverage (7.3x) and yield (14.99%), while NLY offers s...

Other symbols: NLY
9 days ago - Seeking Alpha

Buy Any Of March's 5 Ideal 'Safer' Dividend Power Dogs

Dividend Power's March 2026 list highlights 35 high-yield, low-priced financial stocks, with five 'safer' picks showing free cash flow yields above dividend yields. Analyst forecasts project average n...

13 days ago - Seeking Alpha

Dynex Capital, Inc. Announces CFO Transition

GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. (the "Company") (NYSE: DX), a REIT with a long track record of generating dividends from high-quality mortgage assets, today announced that Michae...

19 days ago - Business Wire

Agency mREITs: Which Are Gold, Which Are Yield Traps

Minimal Credit Risk: Agency MBS are guaranteed by GSEs. Historically, MBS prices rise during economic downturns, leading to higher book values and sustainable payouts for mREITs. Despite a recent rall...

Other symbols: ADAMARRORC
24 days ago - Seeking Alpha

Dynex Capital, Inc. Declares Monthly Common Stock Dividend of $0.17

GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. (NYSE: DX), a REIT with a long track record of generating dividends from high-quality mortgage assets, announced today the Company's Board of Dire...

5 weeks ago - Business Wire

Dynex Co-CEO Smriti Popenoe on Mortgage REITs, the Fed and Risk Management in Housing Finance

Ann Berry is joined by Dynex Capital Co-CEO Smriti Popenoe, who explains how mortgage REITs operate and how Dynex invests in agency mortgage-backed securities. Popenoe walks through the mechanics of l...

5 weeks ago - After Earnings

Dynex And AGNC: Don't Fall For The Massive Earnings, But Consider AGNC's Preferreds

Dynex Capital and AGNC Investment posted substantial 2025 book value gains from agency MBS spread tightening. Current low earnings multiples for DX and AGNC are misleading, as recent results are drive...

Other symbols: AGNC
5 weeks ago - Seeking Alpha

High-Yield Carnage In 2026

Multiple mortgage REITs fell by over 10% on the day. The stock driving the bus of bad dropped 33% on Friday and is continuing lower today. Preferred shares and baby bonds have consistently outperforme...

6 weeks ago - Seeking Alpha

Dynex Capital's Fat Yield Still Doesn't Make Sense

Dynex Capital delivered a 28.6% total return since September, outperforming expectations but not altering my overall cautious stance. DX's Q4 saw improved net interest income, lower financing costs, a...

7 weeks ago - Seeking Alpha

9% High Dividend Yield From Dynex Capital Preferred Share

Dynex Capital (DX) Preferred C (DX.PR.C) offers a compelling 9.14% stripped yield but currently trades above an attractive entry point. DX.PR.C's floating rate and high spread are unmatched among simi...

7 weeks ago - Seeking Alpha

Dynex Capital, Inc. (DX) Q4 2025 Earnings Call Transcript

Dynex Capital, Inc. (DX) Q4 2025 Earnings Call Transcript

7 weeks ago - Seeking Alpha

Dynex Capital, Inc. Announces Fourth Quarter and Full Year 2025 Results

GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. (the "Company") (NYSE: DX), a REIT with a long track record of generating dividends from high-quality mortgage assets, reported its fourth quarter...

7 weeks ago - Business Wire

Buy Any Of January's 6 Ideal 'Safer' Dividend Power Dogs

The Dividend Power strategy highlights 35 high-yield, low-valuation stocks, with 6 identified as 'safer' due to strong free cash flow coverage. The top ten DiviPower stocks are projected to deliver an...

2 months ago - Seeking Alpha

Dynex Capital, Inc. Schedules Fourth Quarter and Full Year 2025 Earnings Release and Conference Call

GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. (NYSE: DX) announced today that it will release its financial results for the fourth quarter and full year 2025 before market open and will host a...

2 months ago - Business Wire

MoneyShow's Best Investment Ideas For 2026: Part 3

MoneyShow presents top investment ideas for 2026 from their contributors. This year's edition presents a mix of metals plays, financial stocks, deep value names, high-octane growth and tech stocks, an...

Other symbols: CEGCLDXCOSTCRNTDOCN
2 months ago - Seeking Alpha

Bigger Dividends, Better Execution: Choosing Quality For The 2026 MBS Recovery

Agency mREITs are entering a powerful 2026 recovery as falling funding costs meet high asset coupons. By focusing on mortgages guaranteed by Fannie Mae and Freddie Mac, these companies avoid the defau...

Other symbols: IVR
2 months ago - Seeking Alpha

Wall Street's Most Accurate Analysts Give Their Take On 3 Financial Stocks With Over 10% Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: IVRMFA
2 months ago - Benzinga

Dynex Capital: A Falling-Rate Winner For 2026

Dynex Capital is a buy-rated mREIT positioned to benefit from anticipated Fed rate cuts and a favorable interest rate environment. DX's portfolio is 93% agency RMBS, offering low credit risk and stron...

3 months ago - Seeking Alpha

Buy Any Of Santa's 14 Ideal Safer Dividend Power Dogs

The December Dividend Power list identifies 35 high-yield stocks, with 14 offering 'safer' dividends backed by free cash flow yields exceeding dividend yields. Top actionable picks include Annaly Capi...

3 months ago - Seeking Alpha

Two Classes Of Mortgage REITs

Agency mortgage REITs duel to the dividend cut. There are 7 facing off. The top 3 are much better than the other 4. Valuations are important and awful. Deal with it.

3 months ago - Seeking Alpha

Dynex Capital: Positioned For Wide Spreads And Low Prepays

Agency MBS spreads remain historically wide, offering unusually high risk-adjusted yields despite low prepayment risk. The embedded option premium in RMBS spreads provides a persistent, systematic ris...

3 months ago - Seeking Alpha

6 Dividend Stocks Ready To Benefit From 2026's Rate-Shift Economy

Let's get our 2026 dividend shopping finished ahead of time, shall we?

Other symbols: DHRHSYNLYBMEZUTG
3 months ago - Forbes

Forget Market Speculation: My Dual-Pick Strategy For +15% Yield

Diversify your portfolio with Risk-On (OXLC) and Risk-Off (DX). DX (Agency MBS) is a low-credit-risk interest rate play. OXLC (CLO Equity) is a pure credit-risk high-yield bet.

Other symbols: OXLC
4 months ago - Seeking Alpha