Dynex Capital

Dynex Capital, Inc. is an internally managed mortgage real estate investment trust, which invests in residential and commercial mortgage-backed securities on a leveraged basis. It primarily invests in Agency and non-Agency mortgage-backed securities (MBS) consisting of residential MBS (RMBS), commercial MBS (CMBS), and CMBS interest-only (IO) securities. The Agency RMBS investments include MBS collateralized by adjustable-rate mortgage loans and hybrid adjustable-rate mortgage loans. The firm generally invests in senior classes of non-Agency RMBS. The CMBS investments are primarily fixed-rate Agency-issued securities backed by multifamily housing loans, as well as both Agency and non-Agency issued securities backed by other commercial real estate property types such as office building, retail, hospitality, and healthcare. The CMBS IO include interest-only securities that are issued as part of a CMBS securitization. The firm invests in both Agency-issued and non-Agency issued CMBS IO. The company was founded on December 18, 1987 and is headquartered in Glen Allen, VA.

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Dynex Capital shows resilience in Q4 earnings amidst market challenges

Dynex Capital's Q4 performance reflects resilience and recovery in book value, supported by strong hedge gains and levered ROE.
The company's emphasis on long-term value creation, disciplined capital allocation, and adaptability to market uncertainties underpin its financial stability.
Challenges from the unpredictable macroeconomic environment and market inaccuracies in interest rate predictions require prudent risk management and strategic foresight.
Opportunities lie in maintaining liquidity, optimizing investment strategies, and leveraging insulation against rate moves for sustained income growth.

Dynex Capital capitalizes on mortgage market opportunities in Q1

Dynex Capital's Q1 earnings call highlighted their strong performance, strategic strengths in leverage management and investment opportunities in the mortgage-backed securities market. While challenges include navigating the macroeconomic environment and managing portfolio losses, the company is well-prepared for potential market changes and sees significant opportunities for investors.

Dynex Capital reports solid Q2 performance amidst market volatility

Dynex Capital delivered a strong performance in Q2 2023, with a total economic return of 5.7% and robust comprehensive income. The company's strategic portfolio management and focus on Agency RMBS underscore its ability to navigate market challenges. While facing volatility and yield curve risks, Dynex remains well-positioned to capitalize on opportunities and sustain its performance.

Dynex Capital reports Q3 results, focuses on agency RMBS

Dynex Capital's Q3 2023 earnings call highlighted a mixed performance with a focus on agency RMBS. The company faces challenges from global factors but sees opportunities in the current market environment.

Dynex Capital excels in 2023 with 12% shareholder return and strategic focus on Agency RMBS

Dynex Capital delivered strong financial performance in 2023, outperforming the bond index ETF. The company's strategic focus on Agency RMBS investments and skilled risk management were key drivers of success. While facing challenges such as prepayment risks, Dynex Capital remains well-positioned to capitalize on opportunities for growth and optimization.

Dynex Capital reports solid Q1 performance amid strategic growth focus

Dynex Capital's Q1 performance reflects a focus on capital raising for compelling returns in Agency MBS and long-term shareholder value. The company's strategic emphasis on risk management, high-quality assets, and income generation positions it well for future growth amidst a transitioning global economy.

Dynex Capital surpasses $1B equity, raises record capital for growth

Dynex Capital's Q2 2024 earnings call showcased significant achievements, strategic hires, and positive financial performance. Despite challenges in economic return and book value, the company's focus on prudent capital deployment and strategic investments presents opportunities for growth and returns.

Dynex Capital reports solid Q3 performance and boosts dividends

Dynex Capital's Q3 performance reflects financial strength, effective capital management, and a commitment to enhancing shareholder value through increased dividends.
The company's strategic focus on optimizing financing costs, generating alpha, and maintaining ample liquidity positions it well for future growth opportunities.
While navigating near-term event risks and potential leverage increases, Dynex Capital remains poised to capitalize on the favorable return environment and drive shareholder value.

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Dynex Capital, Inc. is an internally managed mortgage real estate investment trust. It engages in the business of investing in mortgage-backed securities. The company was founded on December 18, 1987 and is headquartered in Glen Allen, VA.

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It specializes in: Mezzanine Leveraged buyouts Management buyouts ESOPs Change of control transactions Acquisition financings Growth financing Recapitalizations in lower-middle market, mature, and later-stage companies It invests in manufacturing and distribution, business services and technology, transportation and logistics, and consumer products and services.

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Dynex Capital, Inc. (DX) Q4 2023 Earnings Call Transcript

GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. ("Dynex" or the "Company") (NYSE: DX) reported its fourth quarter and full year 2023 financial results today. Management will host a call today at 10:00 a.m. Eastern Time to discuss the results and business outlook. Details to access the call can be found below under "Earnings Conference Call." Financial Performance Summary Total economic return of $1.45 per common share, or 11.8% of beginning book value, for the fourth quarter of 2023, and.

Dynex Capital, Inc. Announces Fourth Quarter and Full Year 2023 Results

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U.S. equity markets notched another week of gains after a busy slate of economic data and corporate earnings results were broadly consistent with a "soft landing" trend for the domestic economy. Ahead of the Federal Reserve's first policy meeting of 2024, the FOMC's favored inflation gauge - Core PCE - showed a "2-handle" for the first time in nearly two years. Notching a series of record highs through the week, the S&P 500 advanced 1.2%, extending its impressive rally since late October to 12 of the past 13 weeks.

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GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. (NYSE: DX) announced today that it will release its financial results for the fourth quarter and full year 2023 before market open and will host a conference call and live audio webcast at 10:00 am ET to discuss its financial results on Monday, January 29, 2024. Webcast Details The live audio webcast will be accessible online at www.dynexcapital.com on the homepage under “Current Events.” An archive of the webcast will be available on the Co.

Dynex Capital, Inc. Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference Call

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Big Yields Meet Big Trouble

GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. (NYSE: DX) (the “Company”) today announced with great sadness the passing of David H. Stevens, a member of its Board of Directors. Mr. Stevens served on the Dynex Capital Board of Directors since January 2019, and led a spectacular career in the real estate and mortgage banking industries. During his time with the Company, Mr. Stevens leveraged his extensive industry experience and deep knowledge of mortgage finance, capital markets, and hou.

Dynex Capital, Inc. Mourns Passing of Board Member David H. Stevens

REITs, including mortgage REITs, may begin to recover in 2024 as the Federal Reserve hints at lowering interest rates. Economic uncertainty has negatively impacted REIT share prices, but signs of recovery have been seen since November 2023. Dynex Capital is well positioned to benefit from the strong US economy, a potential recovery in the housing market in 2024, and the potential for lower interest rates.

Dynex Capital: This REIT Yields 12% And Is Poised To Outperform In 2024

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Imagine stocks or funds that pay-out their dividends once-a-month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst awaiting money is reduced by 300%, or more!. These January U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks by-yield (83); 2. Stocks by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by-yield >10.4% (80). Items: 1. Top MoPay stock gains; 2. Overall best MoPay gainers; 3. Funds vs. Equities; 4. Fund risks/rewards. All per prices as of 1/11/24.

January's 83 Monthly Paid Dividend Stocks And 80 Funds

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The company also offers various mining technology products and services, including: Data networks Communication and tracking systems Mining proximity detection systems Industrial collision avoidance systems Data and analytics software Arbor Realty Trust Source: ewg3D / Getty Images This company trades at a ridiculous 6.9 times trailing earnings and pays a massive 11.33% dividend.

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Some agency mortgage REITs have high price-to-trailing-book ratios, while others do not. Q4 2023 has been a favorable quarter for the sector, with MBS outperforming Treasuries and swaps. One in particular has a high price-to-book ratio. The price-to-current-book isn't nearly as bad, but it is still materially higher than peers.

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Imagine stocks or funds that pay out their dividends once a month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst awaiting money is reduced by 300% or more! These December U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net gains include: 1. Stocks by yield (79); 2. Stocks by price upside (30); 3. Closed-End-Investments, Exchange-Traded Funds & Notes (CEICs/ETFs/ETNs) by yield >9.5% (80). Items: 1. Top MoPay stock gains; 2. Overall best MoPay gainers; 3. Funds vs. Equities; 4. Fund risks/rewards. All per prices as of 12/8/23.

79 Monthly-Paying Dividend Stocks And 80 Funds For December

Each share has a yield of at least 12%, or will after the call date passes. Most are common shares, including one I haven't published anything positive about in a very long time. Discount to book value is a huge factor in evaluating the potential upside. We want shares that can see prices rally in addition to a big yield.

12% Yield Or Greater Plus Upside

GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. (NYSE: DX) (the “Company”) today announced that its Board of Directors has appointed Chief Executive Officer Byron L. Boston as Chairman of the Board and current Board member Dr. Julia L. Coronado as Lead Independent Director, effective immediately. In line with Dynex's succession plan, Mr. Boston succeeds Michael R. Hughes, who has served on the Board of Directors since November 2010 and as Chairman since March 2017. President and Chief Inv.

Dynex Capital, Inc. Appoints CEO Byron L. Boston as Chairman of the Board and Dr. Julia L.

Despite big yields, these shares are still cheap. Fat dividends that grow with short-term rates are a nice hedge. The yields are between 9% and 9.5% today, but they are due for a big dividend increase starting in March 2024. Bigger dividends should increase valuation.

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U.S. equity markets extended their rebound to a third-straight week as benchmark interest rates dipped on economic data and corporate earnings reports showing a more distinct cooldown in economic activity. Gaining for a third-straight week and extending its rebound to nearly 10% since dipping into "correction territory" at the end of October, the S&P 500 gained another 2.4% this week. Lifted by the retreat in benchmark interest rates, real estate equities have roared back to life over the past three weeks. Equity REITs and Mortgage REITs each gained another 4.7%.

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News for Dynex Capital Stock (DX)