Dynex Capital, Inc. (DX) Research

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.

Market snapshot

Symbol
DX
Price
$13.06
Day change
+0.08%
Market cap
$2.0B
P/E ratio
7.64x
52-week range
11.76-14.93
Sector
Real Estate
Industry
REIT - Mortgage
Next earnings
in 29 days
Analyst price target
$16.33

Peer companies

  • Arbor Realty Trust, Inc. (ABR)
  • Agree Realty Corporation (ADC)
  • ARMOUR Residential REIT, Inc. (ARR)
  • Ellington Financial Inc. (EFC)
  • Franklin BSP Realty Trust, Inc. (FBRT)
  • KKR Real Estate Finance Trust Inc. (KREF)
  • MFA Financial, Inc. (MFA)
  • PennyMac Mortgage Investment Trust (PMT)

Recent insider activity

  • Gray Andrew I. — A-Award (11400 shares) on 2026-05-22
  • Chandoha Marie A — A-Award (11400 shares) on 2026-05-22
  • Crawford Alexander I. — A-Award (11400 shares) on 2026-05-22
  • Coronado Julia Lynn — A-Award (11400 shares) on 2026-05-22
  • Connelly Terrence John JR — trade (0 shares) on 2026-05-25

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