DX Share Price | Dynex Capital, Inc. Stock Analysis & Recommendation

Q: How big is Dynex Capital, Inc.?

Market Cap: As of Jun 18, Dynex Capital, Inc. has a market capitalization of 1,293.47 million, categorizing it as a Micro Cap company.Recent Quarterly Performance: For the latest four quarters, Dynex Capital, Inc. reported net sales of 341.57 million and a net profit of 70.71 million.Balance Sheet Snapshot: As of Dec 24, the company reported shareholder's funds of 1,184.94 million and total assets of 8,184.58 million.

Q: What does Dynex Capital, Inc. do?

Overview:Dynex Capital, Inc. is an internally managed mortgage real estate investment trust that invests in residential and commercial mortgage securities on a leveraged basis, operating within the Realty industry and classified as a Micro Cap company.Financial Snapshot:Most recent Net Sales: 95 Million (Quarterly Results - Mar 2025) Most recent Net Profit: -3 Million (Quarterly Results - Mar 2025) Market cap: USD 1,293.47 Million (Micro Cap)Key Metrics:P/E: 18.00 Dividend Yield: 737.55% Debt Equity: -999,999.00 Return on Equity: 5.07% Price to Book: 0.93Contact Details:Address: 4991 Lake Brook Dr Ste 100, GLEN ALLEN VA : 23060-9245 Tel: ['1 804 2175800', '1 804 2175897'] Fax: 1 804 2175860 Website: http://www.dynexcapital.com

Q: Is Dynex Capital, Inc. overvalued or undervalued?

As of 22 April 2024, the valuation grade for Dynex Capital, Inc. has moved from risky to very attractive, indicating a significant improvement in its investment appeal. Based on the current metrics, the company appears undervalued, particularly with a P/E ratio of 18, a price to book value of 0.93, and an EV to EBITDA of 2.52. In comparison, peers such as CBL & Associates Properties, Inc. have a P/E of 14.63 and an EV to EBITDA of 2.86, while Piedmont Office Realty Trust, Inc. shows a negative P/E of -24.40, highlighting Dynex's relative valuation strength.Despite its attractive valuation, Dynex has underperformed against the S&P 500 over various periods, with a 1-year return of -3.51% compared to the index's 17.14%. This trend of underperformance continues over longer horizons, suggesting that while the stock may be undervalued, market sentiment has not favored it recently.

Q: Is Dynex Capital, Inc. technically bullish or bearish?

As of 31 October 2025, the technical trend for Dynex Capital, Inc. has changed from mildly bullish to bullish. The weekly MACD is bullish, and both the weekly and monthly Bollinger Bands are bullish, supporting the bullish stance. The daily moving averages also indicate a bullish trend. However, the KST shows a mildly bearish signal on the monthly timeframe, and there are no signals from the RSI or trends in Dow Theory and OBV.In terms of performance, Dynex Capital has underperformed the S&P 500 over the longer term, with a 3-year return of 17.81% compared to the S&P's 76.66%, and a 5-year return of -19.81% versus the S&P's 109.18%. Over the past month, however, it has outperformed the S&P 500 with a return of 4.95% compared to 1.92%. Overall, the current technical stance is bullish, but the strength is tempered by mixed signals in some indicators.

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

2.25 M

Shareholding (Dec 2025)

FII

4.17%

Held by 59 FIIs

DII

75.11%

Held by 29 DIIs

Promoter

0.00%

How big is Dynex Capital, Inc.?

22-Jun-2025

As of Jun 18, Dynex Capital, Inc. has a market capitalization of 1,293.47 million, with net sales of 341.57 million and a net profit of 70.71 million over the latest four quarters. The company reported shareholder's funds of 1,184.94 million and total assets of 8,184.58 million as of Dec 24.

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What does Dynex Capital, Inc. do?

22-Jun-2025

Dynex Capital, Inc. is a mortgage real estate investment trust that invests in residential and commercial mortgage securities using leverage. As of March 2025, it has a market cap of approximately $1.29 billion, with a recent net profit of -$3 million and a dividend yield of 737.55%.

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Who are in the management team of Dynex Capital, Inc.?

22-Jun-2025

As of March 2022, the management team of Dynex Capital, Inc. includes Independent Chairman Mr. Michael Hughes, President and CEO Mr. Byron Boston, and several Independent Directors: Dr. Julia Coronado, Mr. Barry Igdaloff, Ms. Joy Palmer, Mr. Robert Salcetti, and Mr. David Stevens. This team provides governance and strategic direction for the company.

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Is Dynex Capital, Inc. overvalued or undervalued?

20-Sep-2025

As of April 22, 2024, Dynex Capital, Inc. has improved to a very attractive valuation grade, appearing undervalued with a P/E ratio of 18 and a price to book value of 0.93, but has underperformed the S&P 500 with a 1-year return of -3.51%.

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Is Dynex Capital, Inc. technically bullish or bearish?

05-Nov-2025

As of October 31, 2025, Dynex Capital, Inc. shows a bullish technical trend supported by positive MACD and Bollinger Bands, despite mixed signals from the KST and underperformance against the S&P 500 over the long term, though it has outperformed the index in the past month.

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Compare Dynex Capital, Inc. with Similar Stocks

CBL & Associates Properties, Inc.Piedmont Office Realty Trust, Inc.Armada Hoffler Properties, Inc.

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 13.36%

With a growth in Net Profit of 342.33%, the company declared Outstanding results in Jun 25

With ROE of 5.07%, it has a very attractive valuation with a 0.93 Price to Book Value

Mojo Parameters

Stock DNA

Industry

Realty

Market cap

USD 2,820 Million (Small Cap)

P/E

27.00

Industry P/E

Dividend Yield

131.02%

Debt Equity

-999,999.00

Return on Equity

12.96%

Price to Book

1.15

Revenue and Profits:

Net Sales:

177 Million

(Quarterly Results - Dec 2025)

Net Profit:

185 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

-2.04%

6 Months

4.03%

1 Year

-6.61%

2 Years

7.36%

3 Years

7.1%

4 Years

-16.44%

5 Years

-27.07%

Dynex Capital, Inc. for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

No Recent News for the Company

Announcements

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

7.26%

EBIT Growth (5y)

28.57%

EBIT to Interest (avg)

6.23

Debt to EBITDA (avg)

Negative Net Debt

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

Tax Ratio

Dividend Payout Ratio

80.97%

Pledged Shares

Institutional Holding

48.68%

ROCE (avg)

41.35%

ROE (avg)

13.36%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

1.08

EV to EBIT

3.43

EV to EBITDA

3.43

EV to Capital Employed

1.11

EV to Sales

3.58

PEG Ratio

0.09

Dividend Yield

387.56%

ROCE (Latest)

32.40%

ROE (Latest)

4.06%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Mildly Bearish

Bullish

RSI

No Signal

Bollinger Bands

Bearish

Mildly Bullish

Moving Averages

Mildly Bullish (Daily)

KST

Mildly Bearish

Bullish

Dow Theory

Mildly Bearish

OBV

Mildly Bearish

Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Dec 2025

Shareholding Compare (%holding)

Majority shareholders

Domestic Funds

Held in 41 Schemes (20.7%)

Foreign Institutions

Held by 59 Foreign Institutions (4.17%)

Strategic Entities with highest holding

Highest Public shareholder

Financial

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          "val2": "0.00",
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          "field": "Consolidate Net Profit",
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          "val1": "419.20",
          "val2": "313.70",
          "chgp": "33.63%",
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Quarterly Results Snapshot (Consolidated) - Dec'25 - QoQ

Dec'25

Sep'25

Change(%)

Net Sales

177.00

149.70

18.24%

Operating Profit (PBDIT) excl Other Income

318.90

269.50

18.33%

Interest

133.60

119.10

12.17%

Exceptional Items

0.00

Consolidate Net Profit

185.40

150.40

23.27%

Operating Profit Margin (Excl OI)

1,801.40%

1,800.20%

0.12%

USD in Million.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Dec 2025 is 18.24% vs 34.02% in Sep 2025

Consolidated Net Profit

QoQ Growth in quarter ended Dec 2025 is 23.27% vs 1,205.88% in Sep 2025

All Quarterly Results

Annual Results Snapshot (Consolidated) - Dec'25

Dec'25

Dec'24

Change(%)

Net Sales

533.50

318.00

67.77%

Operating Profit (PBDIT) excl Other Income

738.20

427.60

72.64%

Interest

419.20

313.70

33.63%

Exceptional Items

0.00

Consolidate Net Profit

319.10

113.90

180.16%

Operating Profit Margin (Excl OI)

1,383.70%

1,344.40%

3.93%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Dec 2025 is 67.77% vs 139.82% in Dec 2024

Consolidated Net Profit

YoY Growth in year ended Dec 2025 is 180.16% vs 1,967.21% in Dec 2024

All Annual Results

Company CV

About Dynex Capital, Inc.

Dynex Capital, Inc.

Realty

Dynex Capital, Inc. is an internally managed mortgage real estate investment trust, which invests in residential and commercial mortgage securities on a leveraged basis. The Company's objective is to provide attractive risk-adjusted returns to its shareholders over the long term that is reflective of a leveraged fixed income portfolio with a focus on capital preservation. It seeks to provide returns to its shareholders through regular quarterly dividends and through capital appreciation. It invests in Agency and non-Agency mortgage-backed securities (MBS). MBS consists of residential MBS (RMBS), commercial MBS (CMBS) and CMBS interest-only securities. Agency MBS have a guaranty of principal payment by an agency of the United States Government or a government-sponsored entity (GSE), such as Fannie Mae and Freddie Mac.

Company Coordinates

Company Details

4991 Lake Brook Dr Ste 100 , GLEN ALLEN VA : 23060-9245

Tel: 1 804 21758001 804 2175897

http://www.dynexcapital.com

Registrar Details