0.91%
4.90%
8.68%
9.04%
8.42%
-17.48%
-25.53%
AI Spotlight on DX
Company Description
Dynex Capital, Inc., a mortgage real estate investment trust, invests in mortgage-backed securities (MBS) on a leveraged basis in the United States.It invests in agency and non-agency MBS consisting of residential MBS, commercial MBS (CMBS), and 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 have no such guaranty of payment.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 stockholders.
The company was incorporated in 1987 and is headquartered in Glen Allen, Virginia.
Market Data
| Last Price | 13.27 |
| Change Percentage | 0.91% |
| Open | 13.15 |
| Previous Close | 13.15 |
| Market Cap ( Millions) | 1052 |
| Volume | 2689548 |
| Year High | 13.43 |
| Year Low | 11.36 |
| M A 50 | 12.56 |
| M A 200 | 12.31 |
Financial Ratios
| FCF Yield | 1.50% |
| Dividend Yield | 13.19% |
| ROE | 8.67% |
| Debt / Equity | 562.93% |
| Net Debt / EBIDTA | 3382.39% |
| Price To Book | 0.88 |
| Price Earnings Ratio | 11.55 |
| Price To FCF | 66.52 |
| Price To sales | 38.31 |
| EV / EBITDA | 39.6 |
News
- Jan -27 - Dynex Capital, Inc. (DX) Q4 2024 Earnings Call Transcript
- Jan -27 - Dynex Capital (DX) Q4 Earnings and Revenues Lag Estimates
- Jan -23 - Past Time To Take Gains On These Big Yielders
- Jan -15 - High Yield REITs Whacked By Higher Rates
- Jan -15 - Dynex Capital, Inc. Schedules Fourth Quarter and Full Year 2024 Earnings Release and Conference Call
- Jan -13 - Dynex Capital, Inc. Declares Monthly Common Stock Dividend of $0.15
- Jan -13 - Dynex Capital: Re-Rating Catalyst In 2025
- Dec -31 - 86 MoPay Dividend Stocks, 80 Funds And 25 'Safer' Buys From December
- Dec -20 - Want Over $1,000 Every Month in Passive Income: Invest $10,000 Into These Dividend Stocks
- Dec -13 - Huge Yields, Brief Notes
- Dec -06 - Caveat Emptor: 2 REITs To Avoid
- Nov -26 - Select High Yield Preferreds Remain Opportunistically Priced
- Nov -22 - Assessing Dynex Capital's Performance For Q3 2024
- Nov -21 - Want $3,000 per Year in Passive Income Paid Monthly? Invest Just $2,500 in These Dividend Stocks
- Nov -19 - Dynex Capital: A Tactical Play In Motion
- Nov -18 - Ultra-High-Yield Wake-Up Call: 4 Monthly Dividend Stocks Yielding as Much as 14.5%
- Nov -01 - Dynex Capital Series C: Strong Risk/Reward For This Preferred Stock
- Oct -30 - These 15 Stocks Are Among the Top Dividend Payers in the Wilshire 5000
- Oct -27 - Brace For Volatility
- Oct -22 - Encouraging Signs For Mortgage REITs
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Real Estate Investment Trust
Expected Growth : 7.03 %
What the company do ?
Dynex Capital, Inc.'s Real Estate Investment Trust (REIT) invests in mortgage-backed securities, providing a diversified portfolio of residential and commercial mortgage assets.
Why we expect these perspectives ?
Dynex Capital, Inc.'s 7.03% growth in Real Estate Investment Trust (REIT) is driven by increasing demand for mortgage-backed securities, expansion of its investment portfolio, and strategic asset allocation. Additionally, the company's focus on agency-backed securities and its ability to navigate interest rate fluctuations have contributed to its growth.
Dynex Capital, Inc. Products
| Product Range | What is it ? |
|---|---|
| Mortgage Servicing | Dynex Capital, Inc. offers mortgage servicing solutions to clients, providing loan administration, payment processing, and customer service. |
| Whole Loan Trading | Dynex Capital, Inc. engages in whole loan trading, purchasing and selling mortgage loans on the secondary market. |
| Mortgage-Backed Securities (MBS) | Dynex Capital, Inc. invests in and manages mortgage-backed securities, providing investors with access to the mortgage market. |
| Commercial Mortgage-Backed Securities (CMBS) | Dynex Capital, Inc. invests in and manages commercial mortgage-backed securities, providing investors with access to the commercial mortgage market. |
| Asset Management | Dynex Capital, Inc. provides asset management services, managing mortgage-backed securities and other mortgage-related assets on behalf of clients. |
Dynex Capital, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Dynex Capital, Inc. is medium due to the presence of alternative investment options for customers.
Bargaining Power Of Customers
The bargaining power of customers is low for Dynex Capital, Inc. as customers have limited negotiating power.
Bargaining Power Of Suppliers
The bargaining power of suppliers is medium for Dynex Capital, Inc. as suppliers have some negotiating power.
Threat Of New Entrants
The threat of new entrants is high for Dynex Capital, Inc. due to the relatively low barriers to entry in the industry.
Intensity Of Rivalry
The intensity of rivalry is high for Dynex Capital, Inc. due to the presence of several competitors in the industry.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 86.07% |
| Debt Cost | 6.43% |
| Equity Weight | 13.93% |
| Equity Cost | 10.55% |
| WACC | 7.01% |
| Leverage | 618.00% |
Dynex Capital, Inc. : Quality Control
Dynex Capital, Inc. passed 1 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| IVR | Invesco Mortgage Capital Inc. operates as a real estate investment trust (REIT) that primarily focuses on investing in, financing, and managing mortgage-backed securities and other mortgage-related assets. It invests in … |
| NREF | NexPoint Real Estate Finance, Inc. operates as a real estate finance company in the United States. It focuses on originating, structuring, and investing in first mortgage loans, mezzanine loans, preferred … |
| KREF | KKR Real Estate Finance Trust Inc., a mortgage real estate investment trust, focuses primarily on originating and acquiring senior loans secured by commercial real estate (CRE) assets. It engages in … |
| GPMT | Granite Point Mortgage Trust Inc., a real estate investment trust, originates, invests in, and manages senior floating-rate commercial mortgage loans, and other debt and debt-like commercial real estate investments in … |
| MFA | MFA Financial, Inc., together with its subsidiaries, operates as a real estate investment trust (REIT) in the United States. The company invests in residential mortgage assets, including non-agency mortgage-backed securities … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Dynex Capital
A-Score
1-Year Total Return ->
🥈
MFA Financial
A-Score
1-Year Total Return ->
🥉
NexPoint Real Estate Finance
A-Score
1-Year Total Return ->
4
Invesco Mortgage Capital
A-Score
1-Year Total Return ->
5
KKR Real Estate Finance Trust
A-Score
1-Year Total Return ->
6
