Dynex Capital (DX) Stock Price, News & Analysis

Company Overview

Dynex Capital, Inc. is a mortgage real estate investment trust (REIT) that invests primarily in residential and commercial mortgage-backed securities. Its portfolio generally focuses on agency securities, which are issued or guaranteed by U.S. government-sponsored entities such as Fannie Mae, Freddie Mac and Ginnie Mae.

The company finances its investments through repurchase agreements and other forms of secured borrowing and uses hedging strategies to manage interest-rate and financing risks. Dynex seeks to generate income for shareholders through the spread between the returns on its mortgage assets and its funding and operating costs.

Founded in 1987, Dynex Capital is headquartered in Glen Allen, Virginia, and is internally managed. The company operates primarily in the U.S. mortgage and capital markets and is led by Byron L. Boston, who serves as chief executive officer and chief investment officer.

Key Stats

• Today's Range: $11.12 to $11.42
• 50-Day Range: $11.34 to $13.33
• 52-Week Range: $11.12 to $14.93
• Volume: 5.88 million shs
• Average Volume: 5.83 million shs
• Market Capitalization: $2.80 billion
• P/E Ratio: 4.31
• Dividend Yield: 18.01%
• Price Target: $14.56
• Consensus Rating: Moderate Buy

Dynex Capital Stock Analysis - MarketRank™

Dynex Capital scored higher than 76% of companies evaluated by MarketBeat, and ranked 348th out of 851 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.9 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Dynex Capital has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on no strong buy ratings, 2 buy ratings, 2 hold ratings, and no sell ratings.

Upside Potential

Dynex Capital has a consensus price target of $14.56, representing about 30.3% upside from its current price of $11.18.

Amount of Analyst Coverage

Dynex Capital has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Dynex Capital is 4.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.91.

Price to Earnings Ratio vs. Sector

The P/E ratio of Dynex Capital is 4.25, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 24.94.

Price to Book Value per Share Ratio

Dynex Capital has a P/B Ratio of 0.83. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

6.74% of the float of Dynex Capital has been sold short.

Short Interest Ratio / Days to Cover

Dynex Capital has a short interest ratio ("days to cover") of 3.21, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Dynex Capital has recently increased by 27.12%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Dynex Capital is a leading dividend payer. It pays a dividend yield of 16.86%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Dynex Capital has been increasing its dividend for 5 years.

Dividend Coverage

The dividend payout ratio of Dynex Capital is 77.57%. Payout ratios above 75% are not desirable because they may not be sustainable.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: -0.01

News Sentiment

Dynex Capital has a news sentiment score of -0.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.69 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Dynex Capital this week, compared to 2 articles on an average week.

Search Interest

Only 35 people have searched for DX on MarketBeat in the last 30 days. This is a decrease of -10% compared to the previous 30 days.

MarketBeat Follows

24 people have added Dynex Capital to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 0.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Dynex Capital insiders have not sold or bought any company stock.

Percentage Held by Insiders

0.76% of the stock of Dynex Capital is held by insiders.

Percentage Held by Institutions

38.34% of the stock of Dynex Capital is held by institutions.

Company Calendar

• Last Earnings: 7/20/2026
• Record date for 9/1 Dividend: 8/21/2026
• Ex-Dividend for 9/1 Dividend: 8/21/2026
• Dividend Payable: 9/01/2026
• Record date for 10/1 Dividend: 9/21/2026
• Ex-Dividend for 10/1 Dividend: 9/21/2026
• Today: 9/25/2026
• Dividend Payable: 10/01/2026
• Next Earnings (Estimated): 10/19/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Mortgage Real Estate Investment Trusts (REITs)
• Sub-Industry: Mortgage REITs
• Current Symbol: NYSE:DX
• CIK: 826675
• Web: www.dynexcapital.com
• Phone: (804) 217-5800
• Fax: 804-217-5860
• Employees: 28
• Year Founded: 1987

Price Target and Rating

• Average Price Target for Dynex Capital: $14.56
• High Price Target: $14.75
• Low Price Target: $14.50
• Potential Upside/Downside: +28.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.63
• Trailing P/E Ratio: 4.31
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $319.07 million
• Net Margins: 49.18%
• Pretax Margin: 49.18%
• Return on Equity: 8.85%
• Return on Assets: 1.06%

Debt

• Debt-to-Equity Ratio: 0.01
• Current Ratio: 1.16
• Quick Ratio: 1.16

Sales & Book Value

• Annual Sales: $533.52 million
• Price / Sales: 5.26
• Cash Flow: $0.79 per share
• Price / Cash Flow: 14.34
• Book Value: $13.47 per share
• Price / Book: 0.84

Miscellaneous

• Outstanding Shares: 247,430,000
• Free Float: 245,550,000
• Market Cap: $2.80 billion
• Optionable: Optionable
• Beta: 0.96