(DX) Dynex Capital - Ratings and Ratios
Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US26817Q8868
DX: Mortgage, Securities, Investments, Stocks, Bonds, Loans, Finance
Dynex Capital, Inc. (NYSE:DX) is a mortgage real estate investment trust (REIT) that focuses on investing in mortgage-backed securities (MBS) in the United States. The company employs leverage to enhance returns, which is a common strategy in the REIT sector to amplify income and capital appreciation. Its portfolio is diversified across agency and non-agency MBS, which includes residential MBS, commercial MBS (CMBS), and CMBS interest-only securities. This diversification is key for managing risk and capturing opportunities across different market segments.
Agency MBS, which are guaranteed by U.S. government agencies like Fannie Mae and Freddie Mac, offer a layer of safety due to the government backing. However, they typically come with lower yields. On the other hand, non-agency MBS lack such guarantees but can offer higher returns for investors willing to take on more risk. Dynexs ability to navigate both sectors is crucial for balancing risk and reward in its portfolio.
As a REIT, Dynex is required to distribute at least 90% of its taxable income to shareholders, which makes it an attractive option for income-focused investors. This structure also allows the company to avoid federal income taxes at the corporate level, maximizing the income that can be passed on to shareholders. The companys market capitalization is approximately $1.165 billion, giving it a solid standing in the mortgage REIT space.
From a valuation perspective, Dynex trades at a price-to-earnings (P/E) ratio of 9.26 and a forward P/E of 7.79, suggesting that it may be undervalued relative to its earnings potential. The price-to-book (P/B) ratio of 1.08 indicates that the stock is trading close to its book value, which could be attractive to value investors. However, the price-to-sales (P/S) ratio of 7.75 is relatively high, which investors should consider in the context of the companys business model and industry norms.
Founded in 1987 and headquartered in Glen Allen, Virginia, Dynex Capital has a long history of operating in the mortgage REIT space. Its experience and expertise in managing a leveraged portfolio of MBS make it a notable player in the industry. For investors and fund managers, Dynex offers a combination of yield and exposure to the U.S. mortgage market, with the potential for both income and capital appreciation.
Additional Sources for DX Stock
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
DX Stock Overview
Market Cap in USD | 1,181m |
Sector | Real Estate |
Industry | REIT - Mortgage |
GiC Sub-Industry | Mortgage REITs |
IPO / Inception | 1989-06-30 |
DX Stock Ratings
Growth 5y | 57.3% |
Fundamental | 23.5% |
Dividend | 62.5% |
Rel. Strength | -1.75 |
Analysts | 4.29/5 |
Fair Price Momentum | 13.28 USD |
Fair Price DCF | 1.93 USD |
DX Dividends
Dividend Yield 12m | 13.76% |
Yield on Cost 5y | 28.72% |
Annual Growth 5y | -2.67% |
Payout Consistency | 66.3% |
DX Growth Ratios
Growth Correlation 3m | 78.8% |
Growth Correlation 12m | 96% |
Growth Correlation 5y | 20.3% |
CAGR 5y | 16.99% |
CAGR/Max DD 5y | 0.44 |
Sharpe Ratio 12m | 2.64 |
Alpha | 8.64 |
Beta | 1.340 |
Volatility | 28.36% |
Current Volume | 3671k |
Average Volume 20d | 3109.5k |
As of April 03, 2025, the stock is trading at USD 12.81 with a total of 3,670,966 shares traded.
Over the past week, the price has changed by -4.12%, over one month by -7.18%, over three months by +5.26% and over the past year by +20.11%.
Neither. Based on ValueRay Fundamental Analyses, Dynex Capital is currently (April 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 23.54 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of DX as of April 2025 is 13.28. This means that DX is currently overvalued and has a potential downside of 3.67%.
Dynex Capital has received a consensus analysts rating of 4.29. Therefor, it is recommend to buy DX.
- Strong Buy: 4
- Buy: 1
- Hold: 2
- Sell: 0
- Strong Sell: 0
According to ValueRays Forecast Model, DX Dynex Capital will be worth about 15.3 in April 2026. The stock is currently trading at 12.81. This means that the stock has a potential upside of +19.44%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 14.2 | 10.6% |
Analysts Target Price | 13.5 | 5.4% |
ValueRay Target Price | 15.3 | 19.4% |