Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
DX logo DX
Upturn stock ratingUpturn stock rating
DX logo

Dynex Capital Inc (DX)

Upturn stock ratingUpturn stock rating
$12.22
Last Close (24-hour delay)
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

06/30/2025: DX (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

7 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $13.42

1 Year Target Price $13.42

Analysts Price Target For last 52 week
$13.42Target price
Low$10.1
Current$12.22
high$13.74

Analysis of Past Performance

Type Stock
Historic Profit -5.01%
Avg. Invested days 42
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/30/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.30B USD
Price to earnings Ratio 15.34
1Y Target Price 13.42
Price to earnings Ratio 15.34
1Y Target Price 13.42
Volume (30-day avg) 7
Beta 0.92
52 Weeks Range 10.10 - 13.74
Updated Date 06/29/2025
52 Weeks Range 10.10 - 13.74
Updated Date 06/29/2025
Dividends yield (FY) 16.83%
Basic EPS (TTM) 0.79

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 65.46%
Operating Margin (TTM) -34.02%

Management Effectiveness

Return on Assets (TTM) 0.92%
Return on Equity (TTM) 6.01%

Valuation

Trailing PE 15.34
Forward PE 8.6
Enterprise Value 8288755200
Price to Sales(TTM) 12.02
Enterprise Value 8288755200
Price to Sales(TTM) 12.02
Enterprise Value to Revenue 13.02
Enterprise Value to EBITDA -
Shares Outstanding 107164000
Shares Floating 104482469
Shares Outstanding 107164000
Shares Floating 104482469
Percent Insiders 1.24
Percent Institutions 48.98

Analyst Ratings

Rating 3
Target Price 13.42
Buy 1
Strong Buy 4
Buy 1
Strong Buy 4
Hold 2
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Dynex Capital Inc

stock logo

Company Overview

overview logo History and Background

Dynex Capital, Inc. (DX) is a real estate investment trust (REIT) founded in 1987. It focuses on investing in mortgage-backed securities (MBS) on a leveraged basis. The company has evolved its investment strategies over time to adapt to changing market conditions.

business area logo Core Business Areas

  • Agency MBS: Investments in agency MBS, which are guaranteed by government-sponsored enterprises (GSEs) like Fannie Mae and Freddie Mac. The company focuses on credit risk and interest rate risk management related to these assets.

leadership logo Leadership and Structure

Dynex Capital is led by a board of directors and an executive management team. The organizational structure is designed to support its investment and risk management activities. As of 2024, Byron L. Boston is the Chief Executive Officer.

Top Products and Market Share

overview logo Key Offerings

  • Agency Residential MBS: Invests in residential MBS guaranteed by GSEs such as Fannie Mae and Freddie Mac. Market share data is difficult to isolate specifically for DX; however, the entire MBS market is vast, with trillions of dollars outstanding, and many REITs compete for a piece of this market. Competitors include AGNC Investment Corp, Annaly Capital Management, and others. DX focuses on specific segments within the agency MBS space.

Market Dynamics

industry overview logo Industry Overview

The REIT industry is highly sensitive to interest rate movements and economic conditions. The agency MBS market is influenced by factors such as housing market trends, mortgage rates, and government policies.

Positioning

Dynex Capital positions itself as an experienced investor in agency MBS with a focus on risk management and generating attractive returns for shareholders.

Total Addressable Market (TAM)

The total addressable market for mortgage-backed securities is massive, estimated in the trillions of dollars. Dynex Capital's TAM is focused on agency MBS within that broader market and it focuses on specific areas of that market with its expertise.

Upturn SWOT Analysis

Strengths

  • Experienced management team
  • Focus on risk management
  • Access to capital markets
  • Expertise in agency MBS

Weaknesses

  • High leverage
  • Interest rate sensitivity
  • Reliance on agency MBS market
  • Relatively smaller market capitalization compared to competitors

Opportunities

  • Expansion into new asset classes
  • Increased demand for agency MBS
  • Favorable interest rate environment
  • Strategic acquisitions

Threats

  • Rising interest rates
  • Increased competition
  • Changes in government regulations
  • Economic downturn

Competitors and Market Share

competitor logo Key Competitors

  • AGNC (AGNC)
  • Annaly Capital Management (NLY)
  • Invesco Mortgage Capital Inc. (IVR)

Competitive Landscape

Dynex Capital competes with other REITs for investment opportunities in the agency MBS market. Its competitive advantages may include its expertise in risk management and its focus on specific segments of the market.

Growth Trajectory and Initiatives

Historical Growth: Dynex Capital's historical growth is influenced by market conditions and its investment strategies.

Future Projections: Future growth projections are subject to analyst estimates and market conditions.

Recent Initiatives: Recent initiatives may include adjustments to its investment portfolio and risk management strategies.

Summary

Dynex Capital is a REIT focusing on agency MBS, offering dividends but susceptible to interest rate risk. Its experienced management and risk focus are strengths, but high leverage poses a challenge. Future growth hinges on adapting to market changes. Overall, it's a moderate risk-reward investment option within the REIT landscape.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company filings (SEC)
  • Financial news sources
  • Analyst reports

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be made based on individual circumstances and consultation with a financial professional. Market share data is estimated and may not be precise.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Dynex Capital Inc

Exchange NYSE
Headquaters Glen Allen, VA, United States
IPO Launch date 1989-06-30
Co-CEO & Chairman of the Board Mr. Byron L. Boston
Sector Real Estate
Industry REIT - Mortgage
Full time employees 22
Full time employees 22

Dynex Capital, Inc., a mortgage real estate investment trust, invests in mortgage-backed securities (MBS) in the United States. It invests in agency MBS consisting of residential MBS and commercial MBS (CMBS); and agency and non-agency CMBS interest-only securities. Agency MBS have a guaranty of principal payment by an agency of the U.S. government or a U.S. government-sponsored entity, such as Fannie Mae and Freddie Mac. Non-Agency MBS do not have a guaranty of principal or interest payments. The company has qualified as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal income taxes if it distributes at least 90% of its taxable income to its shareholders. Dynex Capital, Inc. was incorporated in 1987 and is headquartered in Glen Allen, Virginia.