Dynex Capital, Inc. (DX)
| Market Cap | 1.44B |
| Revenue (ttm) | 123.18M |
| Net Income (ttm) | 79.42M |
| Shares Out | 114.77M |
| EPS (ttm) | 1.22 |
| PE Ratio | 10.28 |
| Forward PE | 14.52 |
| Dividend | $1.80 (14.32%) |
| Ex-Dividend Date | Nov 22, 2024 |
| Volume | 3,211,712 |
| Open | 12.35 |
| Previous Close | 12.43 |
| Day's Range | 12.35 - 12.69 |
| 52-Week Range | 11.36 - 13.13 |
| Beta | 1.31 |
| Analysts | Strong Buy |
| Price Target | 13.33 (+6.05%) |
| Earnings Date | Jan 27, 2025 |
About DX
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 ... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for DX stock is "Strong Buy." The 12-month stock price forecast is $13.33, which is an increase of 6.05% from the latest price.
News
Dynex Capital, Inc. Declares Common and Preferred Stock Dividends
GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. announced today that the Company's Board of Directors has declared a cash dividend of $0.15 per share on its Common Stock (NYSE: DX) for December ...
Caveat Emptor: 2 REITs To Avoid
Caveat Emptor series aims to help investors avoid “sucker yields,” “value traps,” and “ugly ducklings” by highlighting risks and conducting due diligence. Dynex Capital is rated a sell due to poor ope...
24 November Ideal 'Safer' MoPay Dividend Dogs From 87 Equities And 80 Funds
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Select High Yield Preferreds Remain Opportunistically Priced
Recent macroeconomic changes, including the yield curve uninverting and Fed rate cuts, have significantly impacted REIT preferreds, leading to price increases and varied forward return potentials. Des...
Assessing Dynex Capital's Performance For Q3 2024
Dynex Capital's Q3 2024 BV increase was modest and as expected, with minor portfolio adjustments and strategic derivative changes positively impacting core earnings/EAD. The company's hedging strategy...
Dynex Capital: A Tactical Play In Motion
Dynex Capital Inc.'s forward dividend yield and a changing U.S. inflation outlook make a strong case for a tactical opportunity. Shifting to specified pools to secure certainty might de-risk the vehic...
Dynex Capital Series C: Strong Risk/Reward For This Preferred Stock
Dynex Capital Series C preferred stock offers a compelling income opportunity with a 6.9% stripped yield, stepping up to 9.7% if not redeemed by Apr-2025. The stock benefits from a nearly 100% Agency ...
Encouraging Signs For Mortgage REITs
Mortgage REITs (mREITs) are becoming more attractive due to reduced RMBS spreads, alleviated negative convexity, lower cost of capital, and a positive carry from an uninverted yield curve. The macro e...
Dynex Capital Now Offers A Consistent High Yield Dividend Paid Monthly From Real Estate Mortgage Assets
As a retired income investor, I focus on high-yield distributions, particularly from REITs, which offer diversification and inflation hedging but are sensitive to interest rates. Despite the real esta...
Dynex Capital, Inc. (DX) Q3 2024 Earnings Call Transcript
Dynex Capital, Inc. (NYSE:DX) Q3 2024 Earnings Conference Call October 21, 2024 10:00 AM ET Company Participants Alison Griffin - Vice President, Investor Relations Byron Boston - Chairman and Co-Chi...
Dynex Capital, Inc. Declares Common Stock Dividends
GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. announced today that the Company's Board of Directors has declared a cash dividend of $0.15 per share on its Common Stock (NYSE: DX) for November ...
Dynex Capital, Inc. Announces Third Quarter 2024 Results
GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. ("Dynex" or the "Company") (NYSE: DX) reported its third quarter 2024 financial results today. Management will host a call today at 10:00 a.m. Eas...
3 Shares Yielding Over 9%
We've got three shares where big yields are offset by one flaw or another. I recently closed out my position in one of these shares for a gain of more than 40%. Great choice about 17 months ago. Not a...
Dynex Capital, Inc. Schedules Third Quarter 2024 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 third quarter 2024 before market open and will host a conference cal...
6.89% Preferred Share From Dynex Capital Better Than You Think
DX-C is a top pick among mortgage REIT preferred shares, offering lower risk due to Dynex Capital's strong management and high common equity to preferred liquidation ratio. The current stripped price ...
5 Shares Yielding 8% To 11%
We've got 5 shares in here plus a bonus. It's like 6, but easier to click. Some of these deals look better than others. Ex-dividend dates are coming up pretty soon for a few of them.
10% Or Higher Dividend Yields
BDCs, mortgage REITs, preferred shares, and one baby bond. Most are yielding over 10%. I hope you're ready for the weekend. We're going to do quick coverage on each share. Some of these preferred shar...
Dynex Capital, Inc. Declares Monthly Common Stock Dividend of $0.13
GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. (NYSE: DX) announced today the Company's Board of Directors declared a cash dividend of $0.13 per common share for August 2024. The dividend is pa...
Assessing Dynex Capital's Performance For Q2 2024
Quarterly BV decrease was as expected, with a slight underperformance due to a larger investment portfolio increase than anticipated. DX's core earnings/EAD outperformed expectations, leading to a 2.5...
Preferreds Weekly Review: New Issuance Is Coming
We take a look at the action in preferreds and baby bonds through the fourth week of July and highlight some of the key themes we are watching. Preferreds were flat on the week and up month-to-date du...
Dynex Capital: REITs, Yield, and the Fed's Next Move with co-CEO Smriti Popenoe
Katie Perry spoke with Smriti Popenoe, co-CEO, President, and Chief Investment Officer of Dynex Capital, about the company's success, including surpassing a billion dollars in equity value and maintai...
Dynex Capital: I Am Getting A 13% Yield On My Last Buy
Mortgage REITs like Dynex Capital are becoming more attractive for passive income investors in a lower-rate environment. Dynex Capital focuses on Agency residential mortgage-backed securities, poised ...