DX

Dynex Capital
DX

$12.96

1.09%

Market Cap: $968M

About: Dynex Capital Inc is an internally managed mortgage real estate investment trust, which invests in mortgage-backed securities. The company invests in residential and commercial mortgage-backed securities. Its objective is to provide attractive risk-adjusted returns to shareholders over the long term that are reflective of a leveraged, high quality fixed income portfolio with a focus on capital preservation. Its investments consist principally of Agency mortgage-backed securities including residential MBS and commercial MBS.

Employees: 22

Financials Real Estate Investment Trusts

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

150% more call options, than puts

Call options by funds: $2.76M | Put options by funds: $1.1M

141% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 27

84% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 19

20% more capital invested

Capital invested by funds: $374M [Q1] → $449M (+$75.2M) [Q2]

12% more funds holding

Funds holding: 129 [Q1] → 145 (+16) [Q2]

0.93% less ownership

Funds ownership: 51.37% [Q1] → 50.44% (-0.93%) [Q2]

See Fund Rankings

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target

$13.25

2%

upside

Avg. target

$13.25

2%

upside

High target

$13.25

2%

upside

1 analyst rating

1 positive

100%

0 neutral

0%

0 negative

0%

Jones Trading

Jason Weaver

81% 1-year accuracy

17 / 21 met price target

2%upside

$13.25

Buy

Maintained

22 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 5 articles about DX published over the past 30 days

Zacks Investment Research

All You Need to Know About Dynex Capital (DX) Rating Upgrade to Buy

Dynex Capital (DX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

All You Need to Know About Dynex Capital (DX) Rating Upgrade to Buy

24/7 Wall Street

Want $1,000 per Month in Passive Income? Invest $10,000 Into These Dividend Stocks

24/7 Wall St. Insights Passive income is a steady stream of unearned income that doesn't require active traditional work.

Want $1,000 per Month in Passive Income? Invest $10,000 Into These Dividend Stocks

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 $0.13 per share on its Common Stock (NYSE: DX) for September 2024 and the quarterly cash dividend of $0.43125 per share of its 6.900% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (NYSE: DXPRC) for the third quarter of 2024. The Common dividend is payable on October 1, 2024, to shareholders of record as of September 23, 2024. The Pre.

Dynex Capital, Inc. Declares Common and Preferred Stock Dividends

Zacks Investment Research

3 Real Estate Stocks to Grab Now on Slowing Mortgage Rates

Two Harbors (TWO), Tanger (SKT) and Dynex (DX) are three real estate stocks to look into as mortgage rates fall on imminent rate cuts.

3 Real Estate Stocks to Grab Now on Slowing Mortgage Rates

24/7 Wall Street

6 Stocks Trading Under $15 That Pay Huge Ultra-High-Yield Dividends

24/7 Wall St. Insights The Federal Reserve is expected to lower interest rates in September.

6 Stocks Trading Under $15 That Pay Huge Ultra-High-Yield Dividends

Chasing Goldilocks

U.S. equity markets rallied while benchmark interest rates remained near the lows of the year after a critical slate of inflation data showed further encouraging signs of cooling price pressures. The Consumer Price Index posted a downside surprise for a fourth straight month, underscored by a "2-Handle" on Headline CPI, which follows a period of historically high inflation from 2021 to 2023. Sparking a renewed "Goldilocks" narrative, Retail Sales data was notably stronger than expected in July - posting its strongest monthly increase in 18 months - while Jobless Claims also moderated.

Chasing Goldilocks

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 share and baby bond combinations appear to be slightly mispriced.

10% Or Higher Dividend Yields

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 payable on September 3, 2024, to shareholders of record on August 23, 2024. About Dynex Capital Dynex Capital, Inc. is a financial services company committed to ethical stewardship of stakeholders' capital; employing comprehensive risk management and disciplined capital allocation to generate dividen.

Dynex Capital, Inc. Declares Monthly Common Stock Dividend of $0.13

Zacks Investment Research

3 Real Estate Stocks to Buy on Falling Mortgage Rates

Two Harbors (TWO), Tanger (SKT) and Dynex (DX) are three real estate stocks to look into as mortgage rates fall on the Fed's rate-cut indications.

3 Real Estate Stocks to Buy on Falling Mortgage Rates

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% recommendation range upgrade. DX's hedging coverage ratio decreased slightly, but dividend stability is expected to remain over the foreseeable future.

Assessing Dynex Capital's Performance For Q2 2024

See News Rankings