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Upturn AI SWOT - About
DX 
Dynex Capital Inc (DX)
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Upturn Advisory Summary
08/14/2025: DX (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Number of Analysts
7 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $13.83
1 Year Target Price $13.83
| 4 | Strong Buy |
| 1 | Buy |
| 2 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -1.09% | Avg. Invested days 41 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.63B USD | Price to earnings Ratio 14.96 | 1Y Target Price 13.83 |
Price to earnings Ratio 14.96 | 1Y Target Price 13.83 | ||
Volume (30-day avg) 7 | Beta 0.9 | 52 Weeks Range 10.20 - 13.56 | Updated Date 08/14/2025 |
52 Weeks Range 10.20 - 13.56 | Updated Date 08/14/2025 | ||
Dividends yield (FY) 14.09% | Basic EPS (TTM) 0.84 |
Earnings Date
Report Date 2025-07-21 | When Before Market | Estimate 0.3628 | Actual -0.14 |
Profitability
Profit Margin 60.69% | Operating Margin (TTM) 1036.25% |
Management Effectiveness
Return on Assets (TTM) 0.73% | Return on Equity (TTM) 4.93% |
Valuation
Trailing PE 14.96 | Forward PE 9.03 | Enterprise Value 9929472000 | Price to Sales(TTM) 15.15 |
Enterprise Value 9929472000 | Price to Sales(TTM) 15.15 | ||
Enterprise Value to Revenue 16.23 | Enterprise Value to EBITDA - | Shares Outstanding 129912000 | Shares Floating 129048241 |
Shares Outstanding 129912000 | Shares Floating 129048241 | ||
Percent Insiders 1.06 | Percent Institutions 44.81 |
Upturn AI SWOT
Dynex Capital Inc
Company Overview
History and Background
Dynex Capital, Inc. (DX) is a mortgage real estate investment trust (REIT) founded in 1987. Initially focused on commercial real estate, it shifted its focus to residential mortgage-backed securities (MBS) over time.
Core Business Areas
- Agency RMBS Investments: Dynex Capital primarily invests in agency residential mortgage-backed securities (RMBS), which are guaranteed by government-sponsored enterprises (GSEs) like Fannie Mae and Freddie Mac. The company earns income from the net interest margin between the yield on its MBS investments and its cost of funds.
- CMO: The company invests in collateralized mortgage obligations (CMO). These are securities backed by pools of mortgages.
Leadership and Structure
The company is led by a management team with experience in mortgage finance and investments. The organizational structure is typical of a REIT, with a board of directors overseeing management.
Top Products and Market Share
Key Offerings
- Agency RMBS: Dynex Capital's primary offering is the investment in and management of agency RMBS portfolios. Market share data is difficult to pinpoint precisely for individual REITs, as it's a highly fragmented market. Competitors include other mortgage REITs and institutional investors. Revenue generated from this is the company's net interest income.
- CMO: Dynex Capital's secondary offering is the investment in and management of CMO portfolios. Market share data is difficult to pinpoint precisely for individual REITs, as it's a highly fragmented market. Competitors include other mortgage REITs and institutional investors. Revenue generated from this is the company's net interest income.
Market Dynamics
Industry Overview
The mortgage REIT industry is influenced by interest rates, housing market conditions, and government policies related to housing finance. REITs face risks related to interest rate fluctuations, prepayment speeds, and credit spreads.
Positioning
Dynex Capital positions itself as a specialized investor in agency RMBS, seeking to generate attractive risk-adjusted returns through active portfolio management and hedging strategies. A competitive advantage comes from management's expertise in navigating the complexities of the MBS market.
Total Addressable Market (TAM)
The TAM for agency RMBS is substantial, encompassing the total outstanding amount of agency-backed mortgage securities. Dynex Capital's position within this TAM is relatively small, focusing on specific segments of the market.
Upturn SWOT Analysis
Strengths
- Experienced management team
- Focus on agency RMBS (lower credit risk)
- Active portfolio management and hedging
- Strong dividend yield
Weaknesses
- High sensitivity to interest rate changes
- Reliance on leverage
- Prepayment risk
- External Management
Opportunities
- Expansion into other asset classes
- Increased market volatility creating investment opportunities
- Favorable changes in government policies
- Technological innovation within the Mortgage REIT space
Threats
- Rising interest rates
- Increased competition from other mortgage REITs
- Changes in government regulations
- Economic downturn affecting housing market
Competitors and Market Share
Key Competitors
- AGNC
- NLY
- ARR
- IVR
Competitive Landscape
Dynex Capital competes with other mortgage REITs for investment opportunities and capital. The competitive landscape is shaped by factors such as portfolio composition, leverage ratios, and management expertise.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been dependent on market conditions and the company's ability to manage its portfolio effectively.
Future Projections: Future growth prospects depend on the outlook for interest rates, the housing market, and the company's ability to generate attractive returns.
Recent Initiatives: Recent initiatives may include changes in portfolio composition, hedging strategies, and capital allocation decisions.
Summary
Dynex Capital is a mortgage REIT focused on agency RMBS. Its strengths include experienced management and a focus on lower-risk assets, while weaknesses include interest rate sensitivity and reliance on leverage. Future success depends on managing interest rate risk and capitalizing on market opportunities. Economic downturn can significantly impact the company, due to it's high levered balance sheet.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company SEC filings
- Financial websites (e.g., Yahoo Finance, Bloomberg)
Disclaimers:
This analysis is based on publicly available information and does not constitute financial advice. Market conditions and company performance can change over time. Conduct thorough research before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
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 | Website https://www.dynexcapital.com |
Full time employees 22 | Website https://www.dynexcapital.com | ||
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.
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