YOLFTbeta
Dynex Capital Inc

Dynex Capital Inc

DX · NYSE · Real Estate / REIT - Mortgage

10.07USD+0.11 (+1.10%)

Price History

Full chart

Market Stats

Previous Close9.96
Open10.02
Day Range9.73 – 10.10
52-Week Range10.25 – 13.44
Volume8.98M
Market Cap2.81B
P/E (TTM)3.62
Forward P/E7.88
EPS3.13
Dividend Yield17.99%
Beta0.94
50-Day Avg12.76
200-Day Avg13.29

About

Dynex Capital, Inc., a mortgage real estate investment trust, invests in residential and commercial mortgage-backed securities (MBS) in the United States. 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. The company was incorporated in 1987 and is headquartered in Glen Allen, Virginia.

Company Details

  • SectorReal Estate
  • IndustryREIT - Mortgage
  • CEOMr. Byron L. Boston
  • Employees28
  • Headquarters140 East Shore Drive, Glen Allen, VA, United States, 23059-5755, USA
  • Websitehttps://www.dynexcapital.com

Leadership

  • Mr. Byron L. BostonCo-CEO & Chairman of the Board · b. 1959
  • Ms. Smriti Laxman Popenoe C.F.A.Co-CEO, President & Director · b. 1969
  • Mr. Michael SartoriChief Financial Officer · b. 1981
  • Ms. Meakin BennettChief Operating Officer
  • Mr. Terrence J. Connelly Jr.Chief Investment Officer
  • Mr. Jeffrey L. ChildressChief Accounting Officer
  • Ms. Kaitlyn J. MauritzHead of Capital Markets & Investor Relations
  • Mr. Michael AngeloChief Legal Counsel & Corporate Secretary
  • Mr. Wayne E. BrockwellSenior VP & Portfolio Manager
  • Mr. Robert M. Nilson Jr.Chief Risk Officer

Financials

Income Statement

Currency: USD1988-12-311989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue--21.10M34.30M60.10M71.80M73.60M55.10M93.80M104.50M78.40M73.52M31.49M39.98M22.91M40.96M122.22M74.39M50.45M30.78M31.97M39.41M51.67M73.79M122.01M119.91M121.87M56.14M82.05M86.02M83.22M164.41M232.26M66.76M-2.37M-40.24M318.03M533.52M
Growth (%)---+62.56%+75.22%+19.47%+2.51%-25.14%+70.24%+11.41%-24.98%-6.23%-57.17%+26.98%-42.70%+78.79%+198.38%-39.13%-32.19%-38.99%+3.87%+23.27%+31.12%+42.81%+65.34%-1.72%+1.63%-53.94%+46.16%+4.83%-3.25%+97.57%+41.27%-71.26%-103.55%-1596.29%+890.41%+67.76%
Cost of Revenue------------43.73M46.04M37.98M45.71M26.21M11.46M4.51M2.71M6.62M7.50M-8.18M10.83M-824.00K-19.14M9.51M-499.00K-103.00K-75.00K59.57M136.65M32.62M5.67M18.30M2.15M20.50M419.17M
Gross Profit--21.10M34.30M60.10M71.80M73.60M55.10M93.80M104.50M78.40M73.52M31.49M39.98M22.91M40.96M37.77M23.52M49.91M30.20M30.38M36.94M39.31M73.79M122.01M119.91M121.87M56.14M82.05M86.02M83.22M164.41M232.26M66.76M-2.37M-42.39M318.03M533.52M
Gross Margin--100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%30.90%31.62%98.93%98.11%95.04%93.73%76.08%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%105.35%100.00%100.00%
Operating Expense---110.70M-114.40M-95.50M-109.50M-157.10M-193.30M-216.40M-215.80M-273.70M-128.63M-136.32M-131.61M-89.46M-51.17M40.70M23.18M43.56M22.20M16.99M19.50M11.90M23.90M48.25M52.50M86.89M40.38M39.97M52.00M76.19M317.08M22.12M-41.18M-189.15M30.73M-109.53M-204.71M
Operating Income10.20M100.00K131.80M148.70M155.60M181.30M230.70M248.40M310.20M320.30M352.10M202.15M167.81M171.59M112.37M92.14M-2.93M340.00K6.35M7.99M13.39M17.44M27.41M49.89M73.76M67.41M34.98M15.75M42.09M34.01M7.02M-152.67M210.15M107.93M186.77M-73.11M427.56M738.23M
Operating Margin--624.64%433.53%258.90%252.51%313.45%450.82%330.70%306.51%449.11%274.96%532.95%429.19%490.46%224.93%-2.40%0.46%12.58%25.97%41.88%44.25%53.05%67.61%60.46%56.22%28.70%28.06%51.29%39.54%8.44%-92.86%90.48%161.68%-7874.07%181.72%134.44%138.37%
EBITDA10.20M100.00K131.80M153.50M159.80M188.10M238.70M262.50M333.20M347.00M396.00M230.28M183.93M183.87M118.82M95.21M796.00K2.95M45.04M29.55M35.81M34.73M50.01M52.29M123.64M106.04M55.83M40.99M69.58M71.36M67.83M-36.87M212.13M110.24M189.13M-73.11M429.42M740.33M
EBITDA Margin--624.64%447.52%265.89%261.98%324.32%476.41%355.22%332.06%505.10%313.23%584.14%459.90%518.60%232.43%0.65%3.96%89.28%96.02%112.01%88.13%96.78%70.86%101.33%88.44%45.81%73.01%84.80%82.96%81.51%-22.43%91.33%165.14%-7973.31%181.72%135.03%138.76%
Net Income10.20M100.00K12.80M21.60M38.20M54.10M49.90M36.90M73.00M74.00M19.50M-75.14M-91.86M-3.08M-14.84M-21.11M-3.38M9.59M4.91M8.90M15.12M17.58M29.47M39.81M74.04M68.07M27.81M16.54M43.10M33.89M7.02M-152.67M177.53M102.26M143.16M-6.13M113.90M319.07M
Net Income Margin--60.66%62.97%63.56%75.35%67.80%66.97%77.83%70.81%24.87%-102.20%-291.75%-7.72%-64.79%-51.53%-2.76%12.88%9.73%28.91%47.30%44.61%57.04%53.95%60.69%56.77%22.82%29.47%52.53%39.40%8.44%-92.86%76.44%153.19%-6035.46%15.24%35.81%59.80%
R&D-----------------------000000.530.390.080.930.761.5360.350.05--
R&D as % of Total Revenue-----------------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-0.00%-0.00%--
Interest Expense00119.00M127.10M117.40M127.20M180.80M211.50M237.20M245.20M332.60M277.28M259.67M174.68M127.21M113.24M98.94M62.51M39.36M20.09M19.11M14.67M14.36M24.08M35.15M39.03M25.91M22.61M25.23M36.18M59.57M114.11M32.62M5.67M43.61M215.45M313.66M419.17M
Interest Expense % of Total Revenue--563.98%370.55%195.34%177.16%245.65%383.85%252.88%234.64%424.23%377.16%824.70%436.90%555.25%276.46%80.95%84.02%78.02%65.29%59.76%37.23%27.78%32.64%28.81%32.55%21.26%40.27%30.75%42.06%71.59%69.41%14.04%8.50%-1838.62%-535.46%98.63%78.57%

Balance Sheet

Currency: USD1988-12-311989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets--1.41B1.83B2.26B3.73B3.60B3.49B3.99B5.38B5.18B4.19B3.16B2.57B2.24B1.87B1.40B805.98M466.56M374.76M607.19M958.06M1.65B2.58B4.28B4.22B3.69B3.67B3.40B3.31B3.89B5.37B3.09B3.69B3.61B6.37B8.18B17.34B
Total Liabilities--1.29B1.71B2.09B3.47B3.40B3.14B3.48B4.82B4.73B3.87B3.00B2.33B2.01B1.72B1.25B656.64M330.02M232.82M466.78M789.31M1.36B2.21B3.66B3.63B3.08B3.18B2.93B2.75B3.36B4.79B2.45B1.36M2.70B5.50B7.00B14.88B
Total Equity--120.40M121.40M177.40M253.00M197.50M354.80M503.50M560.90M452.80M325.07M157.13M242.11M223.42M149.85M148.77M149.33M136.54M141.94M140.41M168.75M292.36M371.35M616.71M585.88M607.30M492.02M467.18M557.06M527.15M582.99M633.45M3.69B901.33M870.74M1.18B2.46B
Cash--300.00K800.00K1.10M1.50M6.30M22.20M11.40M18.30M30.10M48.60M26.77M7.13M15.08M7.39M52.52M45.23M56.88M35.35M24.34M30.17M18.84M48.78M55.81M69.33M43.94M33.94M74.12M40.87M34.60M62.58M295.60M366.02M332.04M119.64M377.10M930.39M
Total Debt--75.50M230.60M2.03B3.42B3.36B3.09B2.70B4.78B4.70B3.82B2.99B2.32B2.01B1.69B1.18B649.89M323.84M204.38M185.69M143.08M107.11M70.89M73.04M12.91M2.84B3.12B2.91B2.57B3.27B4.75B2.44B2.85B2.64B5.38B6.59B13.91B
Net Debt--75.20M229.80M2.02B3.42B3.36B3.06B2.69B4.76B4.67B3.77B2.96B2.32B2.00B1.68B1.12B604.66M266.96M169.03M161.36M112.91M88.27M22.12M-25.30M-56.42M-33.16M494.51M-67.68M-35.35M-31.14M-59.85M-295.49M2.48B2.31B-119.64M6.21B12.98B

Cash Flow

Currency: USD1990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-14.70M-48.40M115.00M-607.60M306.90M335.30M58.50M105.70M83.40M54.03M20.47M72.37M37.25M29.82M23.03M12.34M7.42M8.03M6.79M19.63M30.07M70.64M149.39M208.76M214.55M216.99M210.51M204.45M180.56M175.35M173.95M146.97M126.35M62.20M14.39M120.82M
Investing Cash Flow13.00M-310.40M-434.70M-806.90M-151.20M-41.40M-464.10M-1.39B-1.70M862.91M746.30M625.69M285.02M283.55M268.59M221.04M108.51M72.67M-250.47M-345.23M-685.66M-915.75M-1.69B-165.14M424.20M-209.37M67.97M87.43M-869.34M-1.60B2.35B-555.38M-65.44M-2.96B-1.03B-8.07B
Financing Cash Flow1.10M359.20M320.10M1.41B-150.90M-279.60M394.70M1.29B-70.00M-898.45M-786.41M-694.41M-314.32M-321.06M-246.49M-240.66M-104.29M-102.22M232.66M331.44M644.25M875.05M1.55B-30.10M-664.14M-8.66M-264.72M-303.57M690.28M1.47B-2.35B519.98M-32.34M2.69B1.40B8.26B
Capital Expenditure001.60M700.00K2.00M900.00K3.20M2.90M400.00K281.00K92.00K109.00K175.00K00000029.08M0000000000000000
Free Cash Flow-14.70M-48.40M113.40M-608.30M304.90M334.40M55.30M107.70M83.00M53.75M20.38M69.44M37.08M29.82M23.03M12.34M7.42M8.03M6.79M19.63M30.07M70.64M149.39M208.76M214.55M216.99M210.51M204.45M180.56M175.35M173.95M146.97M126.35M62.20M14.39M120.82M
Dividends Paid9.20M20.00M32.20M58.70M59.80M25.00M51.70M70.50M68.20M9.68M-1.62M1.20M1.79M2.60M5.35M4.38M4.01M9.85M15.76M18.89M40.87M59.06M69.33M64.88M61.02M51.90M47.53M52.79M68.04M52.44M58.90M72.37M93.04M117.84M246.60M
FCF to OCF100.00%100.00%98.61%100.12%99.35%99.73%94.53%101.89%99.52%99.48%99.55%95.95%99.53%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
Dividend Paid to FCF-62.59%-41.32%28.40%-9.65%19.61%7.48%93.49%65.46%82.17%18.01%-2.33%3.23%5.99%11.28%43.34%58.96%49.97%145.07%80.28%62.83%57.86%39.54%33.21%30.24%28.12%24.65%23.25%29.24%38.80%30.14%40.07%57.27%149.58%818.82%204.10%

Earnings

Report DateMar 31, 1998Jun 30, 1998Sep 30, 1998Dec 31, 1998Mar 31, 1999Jul 20, 1999Nov 15, 1999May 9, 2000Aug 2, 2000Sep 30, 2000Apr 2, 2001Jun 30, 2001Sep 30, 2001Dec 31, 2001Mar 31, 2002Jun 30, 2002Sep 30, 2002Dec 31, 2002Mar 31, 2003Aug 11, 2003Nov 10, 2003Mar 15, 2004May 11, 2004Aug 17, 2004Nov 16, 2004Mar 17, 2005May 12, 2005Aug 15, 2005Nov 16, 2005Mar 1, 2006May 10, 2006Aug 10, 2006Nov 13, 2006Feb 14, 2007May 10, 2007Aug 3, 2007Oct 31, 2007Feb 13, 2008May 12, 2008Jul 23, 2008Nov 6, 2008Mar 5, 2009May 6, 2009Aug 6, 2009Nov 9, 2009Feb 18, 2010Apr 27, 2010Jul 27, 2010Nov 4, 2010Feb 10, 2011May 5, 2011Jul 28, 2011Nov 1, 2011Feb 21, 2012May 2, 2012Jul 30, 2012Nov 1, 2012Feb 20, 2013May 1, 2013Jul 31, 2013Nov 5, 2013Feb 19, 2014May 7, 2014Jul 30, 2014Nov 4, 2014Feb 18, 2015Apr 29, 2015Aug 6, 2015Oct 28, 2015Feb 17, 2016Apr 27, 2016Jul 27, 2016Nov 1, 2016Feb 15, 2017Apr 27, 2017Aug 2, 2017Nov 1, 2017Feb 21, 2018May 2, 2018Aug 2, 2018Oct 31, 2018Feb 7, 2019May 1, 2019Jul 31, 2019Oct 31, 2019Feb 6, 2020May 6, 2020Jul 29, 2020Oct 28, 2020Feb 4, 2021Apr 28, 2021Jul 28, 2021Oct 27, 2021Feb 3, 2022Apr 27, 2022Jul 25, 2022Oct 24, 2022Jan 30, 2023Apr 24, 2023Jul 24, 2023Oct 23, 2023Jan 29, 2024Apr 22, 2024Jul 22, 2024Oct 21, 2024Jan 27, 2025Apr 21, 2025Jul 21, 2025Oct 20, 2025Jan 26, 2026Apr 20, 2026Jul 20, 2026Oct 19, 2026
EPS Estimate-----0.24-0.330.210.21------------------------0.240.39-------0.470.850.730.900.980.870.820.930.960.990.950.990.951.020.970.960.950.960.850.850.800.760.790.720.710.710.670.710.710.650.640.600.580.490.560.560.590.550.530.560.540.490.430.460.520.230.470.500.460.470.490.440.450.420.310.190.20-0.20-0.34-0.20-0.08-0.20-0.100.040.370.330.260.270.280.340.37
EPS Actual2.943.240.85-5.29-0.540.12-0.75-3.66-18.84-1.06-3.903.48-1.98-1.77-0.53-0.55-1.56-4.213.08-3.68-0.47-3.54-1.81-2.85-0.352.50-0.101.62-0.80-0.090.040.15-0.300.330.240.420.420.140.970.790.500.360.540.751.020.690.901.140.991.200.931.020.961.080.991.051.021.020.960.900.810.870.750.780.750.690.690.630.720.750.660.630.600.600.450.570.570.600.540.540.570.540.540.430.480.660.510.360.610.450.460.510.540.450.440.400.240.03-0.16-0.27-0.28-0.24-0.30-0.12-0.100.100.210.220.250.220.310.36-
Surprise------50.00%-127.27%-1842.86%-9071.43%------------------------37.50%-38.46%-------14.89%-11.76%39.73%-23.33%-8.16%31.03%20.73%29.03%-3.13%3.03%1.05%9.09%4.21%2.94%5.15%6.25%1.05%-6.25%-4.71%2.35%-6.25%2.63%-5.06%-4.17%-2.82%-11.27%7.46%5.63%-7.04%-3.08%-6.25%0.00%-22.41%16.33%1.79%7.14%-8.47%-1.82%7.55%-3.57%0.00%-12.24%11.63%43.48%-1.92%56.52%29.79%-10.00%0.00%8.51%10.20%2.27%-2.22%-4.76%-22.58%-84.21%-180.00%-35.00%17.65%-20.00%-275.00%40.00%0.00%150.00%-43.24%-33.33%-3.85%-18.52%10.71%5.88%-
Timing-----After-hoursAfter-hoursAfter-hoursAfter-hours-After-hours------------------------------------After-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hours-After-hoursPre-marketPre-marketPre-market-After-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap2.81B
Enterprise Value24.95B
Trailing P/E3.62
Forward P/E7.88
PEG Ratio0.71
Price / Sales5.59
Price / Book0.99
EPS3.13
Book Value12.92
Revenue (TTM)502.28M
Gross Profit (TTM)502.28M
Profit Margin86.84%
Operating Margin91.77%
Return on Equity18.23%
Return on Assets2.31%
Shares Outstanding247.43M
Shares Float246.28M
Beta0.94
Dividend Yield17.99%
Dividend Rate2.04
Payout Ratio59.65%

Analyst Ratings

Buy
Based on 7 analystsTarget 14.75
  • Strong Buy
    4
  • Buy
    1
  • Hold
    2

Ownership Breakdown

Institutions
34.55%
Insiders
0.48%
Retail / Other
64.97%

Top Institutional Holders

  • BlackRock Inc
    16.08M6.48%
  • Vanguard Capital Management, LLC
    8.51M3.43%
  • Millennium Management LLC
    7.02M2.83%
  • Geode Capital Management, LLC
    4.74M1.91%
  • State Street Corp
    4.53M1.83%
  • Qube Research & Technologies
    3.71M1.49%
  • Two Sigma Investments LLC
    2.97M1.19%
  • Balyasny Asset Management LLC
    2.44M0.98%
  • Wellington Management Company LLP
    2.22M0.90%
  • Victory Capital Management Inc.
    2.13M0.86%
  • MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
    2.06M0.83%
  • Ameriprise Financial Inc
    1.95M0.78%
  • Northern Trust Corp
    1.78M0.72%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    6.48M2.61%
  • iShares Russell 2000 ETF
    5.66M2.28%
  • Fidelity Small Cap Index
    2.38M0.96%
  • iShares Russell 2000 Value ETF
    2.06M0.83%
  • iShares Mortgage Real Estate Capped ETF
    2.01M0.81%
  • Algebris Financial Income BD EUR Inc
    1.74M0.70%
  • Columbia Small Cap Value Discv A
    1.72M0.69%

Dividends

202611×
0.17Oct 22, 20260.17Sep 21, 20260.17Aug 21, 20260.17Jul 23, 20260.17Jun 22, 20260.17May 21, 20260.17Apr 23, 20260.17Mar 23, 20260.17Feb 23, 20260.17Jan 21, 20260.17Jan 2, 2026
202512×
0.17Nov 21, 20250.17Oct 23, 20250.17Sep 22, 20250.17Aug 22, 20250.17Jul 23, 20250.17Jun 23, 20250.17May 23, 20250.17Apr 23, 20250.17Mar 24, 20250.15Feb 24, 20250.15Jan 23, 20250.15Jan 2, 2025
20241×
0.15Nov 22, 2024

Stock Splits

  • Jun 21, 20191:3
  • Aug 2, 19991:4
  • May 27, 19972:1