Dynex Capital, Inc. (DX)

Dynex Capital Statistics

Total Valuation

Dynex Capital has a market cap or net worth of $1.44 billion. The enterprise value is $7.60 billion.

Market Cap	1.44B
Enterprise Value	7.60B

Important Dates

The next estimated earnings date is Monday, January 27, 2025, before market open.

Earnings Date	Jan 27, 2025
Ex-Dividend Date	Nov 22, 2024

Share Statistics

Dynex Capital has 114.77 million shares outstanding. The number of shares has increased by 23.13% in one year.

Current Share Class	114.77M
Shares Outstanding	114.77M
Shares Change (YoY)	+23.13%
Shares Change (QoQ)	+14.06%
Owned by Insiders (%)	0.60%
Owned by Institutions (%)	34.89%
Float	114.08M

Valuation Ratios

The trailing PE ratio is 10.28 and the forward PE ratio is 14.52.

PE Ratio	10.28
Forward PE	14.52
PS Ratio	6.60
Forward PS	22.13
PB Ratio	0.96
P/TBV Ratio	1.39
P/FCF Ratio	91.19
P/OCF Ratio	91.19
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	95.66
EV / Sales	61.68
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	480.23

Financial Position

The company has a current ratio of 0.07, with a Debt / Equity ratio of 5.63.

Current Ratio	0.07
Quick Ratio	0.05
Debt / Equity	5.63
Debt / EBITDA	n/a
Debt / FCF	406.27
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 8.95%.

Return on Equity (ROE)	8.95%
Return on Assets (ROA)	1.26%
Return on Capital (ROIC)	n/a
Revenue Per Employee	$5.60M
Profits Per Employee	$3.61M
Employee Count	22
Asset Turnover	0.02
Inventory Turnover	n/a

Taxes

Income Tax	n/a
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -1.33% in the last 52 weeks. The beta is 1.31, so Dynex Capital's price volatility has been higher than the market average.

Beta (5Y)	1.31
52-Week Price Change	-1.33%
50-Day Moving Average	12.48
200-Day Moving Average	12.28
Relative Strength Index (RSI)	51.64
Average Volume (20 Days)	1,779,117

Short Selling Information

The latest short interest is 5.11 million, so 4.46% of the outstanding shares have been sold short.

Short Interest	5.11M
Short Previous Month	5.58M
Short % of Shares Out	4.46%
Short % of Float	4.48%
Short Ratio (days to cover)	2.33

Income Statement

In the last 12 months, Dynex Capital had revenue of $123.18 million and earned $79.42 million in profits. Earnings per share was $1.22.

Revenue	123.18M
Gross Profit	123.18M
Operating Income	87.12M
Pretax Income	13.07M
Net Income	79.42M
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	$1.22

Balance Sheet

The company has $272.43 million in cash and $6.43 billion in debt, giving a net cash position of -$6.16 billion or -$53.63 per share.

Cash & Cash Equivalents	272.43M
Total Debt	6.43B
Net Cash	-6.16B
Net Cash Per Share	-$53.63
Equity (Book Value)	1.14B
Book Value Per Share	13.05
Working Capital	-6.03B

Cash Flow

Operating Cash Flow	15.82M
Capital Expenditures	n/a
Free Cash Flow	15.82M
FCF Per Share	$0.14

Margins

Gross margin is 100.00%, with operating and profit margins of 70.73% and 70.73%.

Gross Margin	100.00%
Operating Margin	70.73%
Pretax Margin	70.73%
Profit Margin	70.73%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	12.84%

Dividends & Yields

This stock pays an annual dividend of $1.80, which amounts to a dividend yield of 14.32%.

Dividend Per Share	$1.80
Dividend Yield	14.32%
Dividend Growth (YoY)	1.28%
Years of Dividend Growth	n/a
Payout Ratio	147.15%
Buyback Yield	-23.13%
Shareholder Yield	-8.81%
Earnings Yield	5.51%
FCF Yield	1.10%

Analyst Forecast

The average price target for Dynex Capital is $13.33, which is 6.05% higher than the current price. The consensus rating is "Strong Buy".

Price Target	$13.33
Price Target Difference	6.05%
Analyst Consensus	Strong Buy
Analyst Count	5
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

The last stock split was on June 21, 2019. It was a reverse split with a ratio of 0.3333333333:1.

Last Split Date	Jun 21, 2019
Split Type	Reverse
Split Ratio	0.3333333333:1

Scores

Altman Z-Score	n/a
Piotroski F-Score	4