DX
Dynex Capital
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
0
Funds holding %
of 7,407 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
266% more call options, than puts
Call options by funds: $5.19M | Put options by funds: $1.42M
80% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 40
79% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 24
10% more funds holding
Funds holding: 162 [Q3] → 179 (+17) [Q4]
3% more capital invested
Capital invested by funds: $487M [Q3] → $500M (+$12.8M) [Q4]
1.82% less ownership
Funds ownership: 51.62% [Q3] → 49.81% (-1.82%) [Q4]
100% less funds holding in top 10
Funds holding in top 10: 2 [Q3] → 0 (-2) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$12.50
7%
upside
Avg. target
$12.88
10%
upside
High target
$13.25
14%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
Keefe, Bruyette & Woods Bose George 48% 1-year accuracy 22 / 46 met price target | 7%upside $12.50 | Outperform Maintained | 8 Apr 2025 |
Jones Trading Jason Weaver 16% 1-year accuracy 9 / 58 met price target | 14%upside $13.25 | Buy Maintained | 27 Jan 2025 |
Financial journalist opinion
Based on 8 articles about DX published over the past 30 days
Positive
Seeking Alpha
21 hours ago
Dynex Capital: Mortgage REIT With Strong Margins And High Yield For Long-Term Buy
For my initial rating of Dynex Capital stock, it gets a buy rating. Upside factors include strong profit margins, low leverage risk, a high dividend yield and monthly payouts supported by cashflow, and portfolio growth. The mortgage REIT market has grown and serves an important need, providing added liquidity to the mortgage financing market.
Neutral
Business Wire
6 days ago
Dynex Capital, Inc. Declares Monthly Common Stock Dividend of $0.17 Per Common Share for April 2025
GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. announced today the Company's Board of Directors has declared a cash dividend of $0.17 per share on its Common Stock (NYSE: DX) for April 2025. The dividend is payable on May 1, 2025, to shareholders of record as of April 23, 2025. 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 gene.
Neutral
Business Wire
1 week ago
Dynex Capital, Inc. Schedules First Quarter 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 first quarter of 2025 before market open and will host a conference call and live audio webcast to discuss its financial results at 10:00 a.m. EDT on Monday, April 21, 2025. Webcast Details The live audio webcast will be accessible online at www.dynexcapital.com on the Investors page. An archive of the webcast will be available on the Company website approximately.
Negative
Seeking Alpha
1 week ago
High Yield Smackdown
We warned investors against high price-to-book ratios, especially in agency mortgage REITs. We've got a new batch of charts as of market close on 04/08/2025. Unfortunately, they tend to get outdated within hours. Tariffs on China drastically increased, creating uncertainty and challenges, especially for industrial REITs.
Positive
Seeking Alpha
1 week ago
Floating Preferreds Have Monstrous Yields Due To Timing Phenomenon
Floating rate preferreds, initially created in a zero interest rate environment, now yield around 10% due to the timing phenomenon and changes in interest rates. Key factors for analysis include company stability, size of preferred issue relative to common equity, discount/premium to par value, and adjustment above SOFR. Risks include rapid yield curve fluctuations and potential Fed rate cuts, which could lower SOFR and subsequently reduce yields on floating rate preferreds.
Positive
Seeking Alpha
2 weeks ago
Preferreds Weekly Review: No News Is Great News For Dynex Capital Series C
We take a look at the action in preferreds and baby bonds through the third week of March and highlight some of the key themes we are watching. Preferred stocks gained alongside Treasuries, with credit spreads holding steady. DX.PR.C's switch to a floating coupon of SOFR + 5.723% in mid-April will result in a high yield of around 9.95%.
Neutral
Seeking Alpha
3 weeks ago
Let's Talk Mortgage REITs (But Not For Too Long)
A bunch of mortgage REITs were severely overvalued. Now they are less overvalued. But some others are actually bargains. Tons of charts because images are fun. Ellington Financial's higher price-to-book ratio may be due to lower volatility in the total economic return by period. Digital Realty Trust deserves to be mocked. I am reporting for duty!
Neutral
Seeking Alpha
4 weeks ago
15% Yields Want To Mug Your Dividends
Agency mortgage REITs are achieving exceptional price-to-book ratios. You want a high dividend yield? Great. But don't pay a huge premium in the share price. It's a great time for investors to capture some gains in this sector.
Neutral
Business Wire
1 month ago
Dynex Capital, Inc. Declares First Quarter 2025 Series C Preferred Stock Dividend
GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. (NYSE: DX) announced today that the Company's Board of Directors has declared the dividend on shares of its 6.900% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (NYSE: DXPRC) for the first quarter of 2025. The Company will pay the quarterly dividend of $0.43125 per share on April 15, 2025, to shareholders of record of the Series C Preferred Stock as of April 1, 2025. The Series C Preferred Stock pays a cumulative cash.
Positive
Seeking Alpha
1 month ago
Dividend Power Dogs: 3 Top Dividend Picks For March
Three top Dividend Power stocks, Golden Ocean, Diversified Energy, and Saratoga Investment Corp, offer "safer" dividends with free cash-flow yields exceeding dividend yields. The Dividend Power strategy focuses on high earnings yield and top dividend yield stocks, creating a resilient portfolio for both downturns and bull markets. Analysts predict significant net gains (39.97% to 168.6%) for the top ten Dividend Power stocks by March 2026, with an average net gain of 77.96%.
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