Dynex Capital, Inc. (DX) Stock Analysis & Investment Frameworks
Dynex Capital, Inc. (DX) stock analysis on Invetso. Review Dynex Capital, Inc.’s key financial metrics, company overview and 10 institutional-grade investment frameworks including SWOT Analysis, Economic Moat, Porter’s Five Forces and the Invetso Quality Score.
Dynex Capital, Inc. Company Overview
- Exchange: New York Stock Exchange
- Sector: Real Estate
- Industry: REIT - Mortgage
- Country: US
Dynex Capital, Inc. Key Financial Metrics
- Market Cap: $2.77B
- Revenue: $533.52M
- P/E Ratio: 8.68
- ROE: -1.74%
- ROIC: 2.65%
- Dividend Yield: 19.10%
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.