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DYNEX CAPITAL INC

DXNYSE
πŸ† #1576 by market capEarnings Oct 19US Equity
$13.03β–² $0.10 (+0.76%)
Live
1hβ–² 0.0%
24hβ–² 0.8%
7dβ–² 1.4%
14dβ–² 1.6%
30dβ–² 0.3%
1yβ–² 5.0%
🏦Market Cap
$4.53B
Small Cap
πŸ“ˆRevenue Growth (YoY)
+136.4%
High Growth
πŸ“ŠGross Margin
28.6%
Moderate
πŸ’΅FCF Margin
26.4%
Strong
βš–οΈP/S Ratio
3.5x
Fair
Otter Score
56
Weak

Trading Snapshot

Day Range
$12.94 – $13.13
52-Week Range
$11.83 – $14.93
Volume
$3.45B
Avg Volume
$3.54B
Shares Outstanding
347.5M
Next Earnings
Sep 19, 2026

Fundamentals Snapshot

Annual Revenue
$534M
Last Q Revenue
$303M
P/E Ratio
7.2
P/S Ratio
3.5x
EPS (TTM)
$2.68
Dividend Yield
11.54%

Why Investors Own DX

  • βœ“High-growth profile β€” revenue up +18.8% YoY with expanding US Equity exposure.
  • βœ“Healthy economics β€” 71% gross margin and 17% free-cash-flow margin.
  • βœ“New products and segments could unlock additional revenue streams.
⚠️ Key Risks

Execution delays, intensifying competition, and valuation compression if growth decelerates.

Financial Trends

Revenue (TTM)
$534Mβ–² +12.9% YoY
Gross Margin (TTM)
70.7%β–Ό βˆ’0.3% YoY
Operating Income (TTM)
$178Mβ–² +12.9% YoY
Free Cash Flow (TTM)
$93Mβ–² +12.9% YoY

About DYNEX CAPITAL INC

Dynex Capital, Inc. operates as a mortgage real estate investment trust (mREIT), primarily engaging in the leveraged acquisition of various mortgage-backed securities (MBS) within the United States. Its investment portfolio includes both agency and non-agency MBS. Agency MBS are distinguished by a principal payment guarantee from a U.S. government entity or a government-sponsored enterprise (GSE), such as Fannie Mae or Freddie Mac. In contrast, non-agency MBS do not possess this governmental backing. Dynex's holdings specifically encompass residential MBS, commercial MBS (CMBS), and certain CMBS interest-only instruments. For federal income tax purposes, the company holds the designation of a real estate investment trust. This status typically exempts Dynex Capital from federal corporate income tax liabilities, provided it distributes a minimum of 90% of its taxable earnings to its shareholders. Established in 1987, the firm maintains its corporate headquarters in Glen Allen, Virginia.

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Otter Score Breakdown

β“˜
πŸ’ŽQualityβ˜…β˜…β˜…β˜…β˜…
πŸš€Growthβ˜…β˜…β˜…β˜…β˜…
βš–οΈValuationβ˜…β˜…β˜…β˜…β˜…
⚑Momentumβ˜…β˜…β˜…β˜…β˜…
Overall Score
Weak
56/100

Analyst Ratings

β“˜
Consensus
Buy
14 analysts
Strong Buy5
Buy6
Hold3
Sell0
Strong Sell0
Ratings as of Aug 2026

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SeekingAlphaΒ·10d ago

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YahooΒ·21d ago

How Dynex’s Q2 Earnings Beat and Agency MBS Expansion Will Impact Dynex Capital (DX) Investors

Dynex Capital, Inc. has reported its Q2 2026 results, posting net income of US$180.79 million and diluted earnings per share of US$0.80, alongside a July 2026 cash dividend of US$0.17 per common share. An interesting angle is how Dynex’s expanded Agency MBS portfolio, larger capital base, and higher book value per share align with its focus on this asset class. With that backdrop, we’ll examine how Dynex’s earnings beat and Agency MBS expansion shape the company’s broader investment...