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 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
580% more call options, than puts
Call options by funds: $5.23M | Put options by funds: $769K
89% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 18
83% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 35
10% more funds holding
Funds holding: 147 [Q2] → 162 (+15) [Q3]
6% more capital invested
Capital invested by funds: $462M [Q2] → $492M (+$29.8M) [Q3]
0.29% more ownership
Funds ownership: 51.87% [Q2] → 52.15% (+0.29%) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$13.25
4%
upside
Avg. target
$13.25
4%
upside
High target
$13.25
4%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Jones Trading Jason Weaver 51% 1-year accuracy 20 / 39 met price target | 4%upside $13.25 | Buy Maintained | 21 Oct 2024 |
Financial journalist opinion
Based on 5 articles about DX published over the past 30 days
Negative
Seeking Alpha
5 days ago
High Yield REITs Whacked By Higher Rates
Despite a single day of declining rates, the trend higher brought even more damage to mortgage REITs. Some may see book value fall by as much as 10% or more, but the average will probably be around the middle of the single-digit range.
Neutral
Business Wire
5 days ago
Dynex Capital, Inc. Schedules Fourth Quarter and Full Year 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 fourth quarter of 2024 before market open and will host a conference call and live audio webcast to discuss its financial results at 10:00 a.m. ET on Monday, January 27, 2025. Webcast Details The live audio webcast will be accessible online at www.dynexcapital.com on the homepage under “Current Events.” An archive of the webcast will be available on the Company web.
Neutral
Business Wire
1 week ago
Dynex Capital, Inc. Declares Monthly Common Stock Dividend of $0.15
GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. (NYSE: DX) announced today the Company's Board of Directors declared a cash dividend of $0.15 per common share for January 2025. The dividend is payable on February 3, 2025, to shareholders of record on January 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 generate divide.
Positive
Seeking Alpha
1 week ago
Dynex Capital: Re-Rating Catalyst In 2025
Dynex Capital is poised to benefit from anticipated interest rate cuts in 2025, despite the Fed's recent hawkish stance and inflation uptick. The stock is currently selling at a 4% discount to book value, offering substantial value for passive income investors with a stable 13% dividend yield. Lower interest rates should improve DX's negative net interest spread, enhancing profitability and potentially leading to a higher valuation.
Positive
Seeking Alpha
2 weeks ago
86 MoPay Dividend Stocks, 80 Funds And 25 'Safer' Buys From December
December's MoPay equities offer high-yield, volatile bargains with dividends from $1K investments exceeding share prices, making now an opportune time to buy. Top ten MoPay stocks could net 13.37% to 38.38% gains by December 2025, based on analyst target prices and dividends. Analysts' estimates show a 21.81% average net gain for $1K invested in each of the top ten MoPay stocks, with 16% higher risk/volatility.
Positive
24/7 Wall Street
1 month ago
Want Over $1,000 Every Month in Passive Income: Invest $10,000 Into These Dividend Stocks
Passive income is characterized by its ability to generate revenue without requiring the earner's continuous active effort, making it a desirable financial strategy for those seeking to diversify their income streams or achieve financial independence.
Neutral
Seeking Alpha
1 month ago
Huge Yields, Brief Notes
Preferred shares rallied, as predicted. Finding value is getting much harder. There are some common shares trading at discounts. Some big, some tiny. I would be interested in a few of the agency mortgage REITs, but the ones I would prefer remain unavailable. The valuation between those good ones and some of the weaker ones (as measured by things like destruction of shareholder wealth and me not liking them) is still small sometimes.
Neutral
Business Wire
1 month ago
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 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 fourth quarter of 2024. The Common dividend is payable on January 7, 2025, to shareholders of record as of January 2, 2025. The Prefer.
Negative
Seeking Alpha
1 month ago
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 operational performance, negative EPS, and unsustainable dividend payout ratios. Vornado Realty Trust is rated a sell due to declining AFFO, high geographic concentration risks, and a history of value erosion.
Positive
Seeking Alpha
1 month ago
24 November Ideal 'Safer' MoPay Dividend Dogs From 87 Equities And 80 Funds
Imagine stocks and funds paying you dividends monthly! Your angst awaiting payout is reduced 300%, or more, compared to quarterly, semi-annual, or (ugh) annual doles! These November U.S. exchanged monthly paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks by yield (87); 2. Stock by price upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by yield >10% (80); 4. 'Safer' Ideal-cash-rich (24). Items: 1. Top MoPay stock gains; 2. Overall best MoPay gainers; 3. Funds vs. Equities; 4. Fund risks/rewards. 5. Safer Equity Rankings, all per prices as of 11/22/24.
Charts implemented using Lightweight Charts™