Dynex Capital/$DX
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Dynex Capital
Dynex Capital Inc is a real estate investment trust (REIT) focused on delivering dividends supported by long term returns from investments in mortgage assets backed by U.S. housing and commercial real estate. The Company is internally managed and mainly invests in residential and commercial mortgage-backed securities (RMBS and CMBS), which are Agency securities guaranteed by U.S. government-sponsored enterprises (GSEs). It manages interest rate, prepayment, spread, liquidity, and counterparty risks and operates through one reportable segment investing in MBS funded with repurchase agreements and equity.
- Ticker
- $DX
- Sector
- Real Estate
- Primary listing
- NYSE
- Employees
- 28
- Headquarters
- Glen Allen, United States
- Website
- www.dynexcapital.com
Dynex Capital Metrics
BasicAdvanced
$2.8B
-
-$0.29
0.96
$2.04
19.15%
Price and volume
Market cap
$2.8B
Beta
0.96
52-week high
$14.93
52-week low
$10.31
Average daily volume
7.6M
Dividend rate
$2.04
Financial strength
Current ratio
0.082
Quick ratio
0.048
Total debt to equity
7.955
Profitability
Gross margin (TTM)
100.00%
Net profit margin (TTM)
-293.46%
Operating margin (TTM)
-293.46%
Revenue per employee (TTM)
$610,000
Management effectiveness
Return on assets (TTM)
-0.24%
Return on equity (TTM)
-1.99%
Valuation
Price to revenue (TTM)
130.536
Price to book
0.97
Price to tangible book (TTM)
0.97
Price to free cash flow (TTM)
8.861
Free cash flow yield (TTM)
11.29%
Free cash flow per share (TTM)
1.202
Dividend yield (TTM)
19.15%
Forward dividend yield
19.15%
Growth
Revenue change (TTM)
-92.64%
Earnings per share change (TTM)
-117.62%
3-year revenue growth (CAGR)
-27.92%
10-year revenue growth (CAGR)
-0.49%
3-year earnings per share growth (CAGR)
44.79%
10-year earnings per share growth (CAGR)
6.27%
3-year dividend per share growth (CAGR)
9.35%
10-year dividend per share growth (CAGR)
-2.43%
What the Analysts think about Dynex Capital
Analyst ratings (Buy, Hold, Sell) for Dynex Capital stock.
Analyst projections of the future price of Dynex Capital stock.
Bulls say / Bears say
Q3 net interest income rose to $101.6 million from $93.8 million, and the net interest spread edged up to 1.18% as portfolio growth lifted interest income faster than funding costs. This supports the income case if financing conditions remain stable. (Dynex Capital)
The second quarter showed how returns can recover when mortgage spreads tighten: Dynex reported a 6.4% total economic return and a $0.30 rise in book value per share, with hedges helping offset the impact of higher interest rates. That offers evidence of potential upside in a more favourable market. (Dynex Capital)
Dynex ended Q3 with $1.3 billion of cash and unpledged securities, equal to 42% of equity, and reported that 99.99% of its portfolio was in liquid Agency securities. This liquidity and asset quality may help it manage volatility and deploy capital when mortgage pricing improves. (Dynex Capital)
Wider Agency mortgage spreads drove a $1.99 fall in book value per share in Q3, to $10.91, and a negative 11.5% total economic return including dividends. Interest-rate hedges only partly offset the asset losses, leaving shareholders exposed to further spread widening. (Dynex Capital)
Leverage including TBA securities rose from 8.1 times equity in Q2 to 9.0 times in Q3 as book value fell. High leverage magnifies the effect of asset price declines and can increase sensitivity to funding and collateral demands. (Dynex Capital)
Q3 earnings available for distribution were $0.38 per share, below the $0.51 dividend declared, so the quarter's recurring income did not cover the payout. If that gap persists, the monthly dividend may be harder to sustain without stronger earnings or other support. (Dynex Capital)
Data summarised monthly by Lightyear AI. Last updated on 19 Oct 2026.
Dynex Capital Financial Performance
Revenues and expenses
Dynex Capital Earnings Performance
Company profitability
Upcoming events
Dynex Capital News
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Funds containing Dynex Capital
Fund name | Fund size | $DX weighting |
|---|---|---|
SPDR Russell 2000 US Small Cap£R2SC | $5.3B | 0.08% |
SPDR Russell 2000 US Small Cap€R2US | $5.3B | 0.08% |
iShares MSCI USA Small Cap ESG Enhanced CTB€SXRG | $3.2B | 0.06% |
iShares MSCI USA Small Cap CTB Enhanced ESG£CUS1 | $3.2B | 0.06% |
SPDR MSCI All Country World IM€SPYI | $7.7B | 0.05% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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