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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Earnings season is about to start. Compared to the recent consensus estimates for Q2 2023, we expect to see a few “surprises." Valuation became less compelling as interest rates and share prices both ripped higher in June.

Why We Sold 1 Big Dividend Stock

GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. (NYSE: DX) announced today that it will release its financial results for the second quarter 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, July 24, 2023. 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 Company website approxim.

Dynex Capital, Inc. Schedules Second Quarter 2023 Earnings Release and Conference Call

GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. (NYSE: DX) announced today that the Company's Board of Directors has declared the dividend on shares of its 6.900% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (NYSE: DXPRC) for the second quarter of 2023. The Company will pay the regular quarterly dividend of $0.43125 per share on July 17, 2023, to shareholders of record of the Series C Preferred Stock as of July 1, 2023. About Dynex Capital Dynex Capital, Inc. is a.

Dynex Capital, Inc. Declares Second Quarter 2023 Series C Preferred Stock Dividend

Dynex Capital faces short-term financing struggles and uncertainty in dividend sustainability, as well as a large share dilution which seems set to continue. The company's focus on agency MBS products could prove advantageous in the long term as rates reverse and costs of finance shrink, narrowing spreads. A liquid position and small size allow them to rapidly adjust to market conditions and capitalize on opportunity changes before larger competitors.

Dynex Capital: Patience Is Key But The Short-Term Still Looks Rocky

AGNC Investment

ARMOUR Residential REIT

Quadratic Deflation ETF

Ellington Residential Mortgage REIT

Eagle Point Credit

Ellington Financial

Gladstone Commercial

Kraneshares China Internet And Covered Call Strategy Etf

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN

Orchid Island Capital

PIMCO Dynamic Income Fund

PIMCO Dynamic Income Opportunities Fund

PennantPark Floating Rate Capital

Stellus Capital Investment

SL Green Realty

Solar Capital

ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN

Yieldmax Tsla Option Income Etf

Credit Suisse X-Links Crude Oil Shares Covered Call ETN

Imagine stocks or funds that pay out their dividends once a month!  Your angst waiting for money is reduced by 300%, or more; unlike waiting for quarterly, semi-annual or (ugh) annual payouts. These May 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 >9.97% (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 6/16/23.

81 Monthly-Paying Dividend Stocks And 80 Funds For June

Franklin International Aggregate Bond ETF

Modiv

Neuberger Berman High Yield Strategies Fund Inc

PIMCO Access Income Fund

Sabine Royalty Trust

Credit Suisse X-Links Silver Shares Covered Call ETN

Simplify Volatility Premium ETF

Imagine stocks or funds that pay out their dividends once-a-month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst waiting for money is reduced by 300%, or more! These May 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 >9.56% (80).

83 Monthly-Paying Dividend Stocks And 80 Funds For May

AGNC Investment Corp - FXDFR PRF PERPETUAL USD 25 - Ser D 1/1000th int

AGNC Investment Corp. Deposit Shs Repr 1/1000th Cum Conv Red Pfd Registered Shs Series C

Annaly Capital

We take a look at the action in preferreds and baby bonds through the last week of April and highlight some of the key themes we are watching. Preferreds gained over April as risk sentiment turned positive in the absence of further bank tremors.

Preferreds Weekly Review: Agency mREIT Preferreds Kick Off Earnings

Apollo Commercial Real Estate Finance

AvalonBay Communities

JPMorgan BetaBuilders MSCI US REIT ETF

Blackstone Mortgage Trust

Boston Properties

Camden Property

Cousins Properties

Digital Realty Trust

Direxion Daily Real Estate Bull 3x Shares

Direxion Daily Real Estate Bear 3x Shares

Empire State Realty Trust

Essex Property Trust

Fidelity MSCI Real Estate ETF

First Trust S&P REIT Index Fund

Highwoods Properties

iShares Cohen & Steers REIT ETF

Summit Hotel Properties

iShares U.S. Real Estate ETF

Nuveen Real Estate Income Fund

Invesco KBW Premium Yield Equity REIT ETF

Kimco Realty

KKR Real Estate Finance Trust

Ladder Capital

Mid-America Apartment Communities

U.S. equity markets extended their rebound this week as a strong slate of earnings reports clashed with renewed concerns over financial instability and economic data that provided fodder for both bulls and bears. Closing at its highest levels since early February, the S&P 500 advanced 0.9%, but gains were skewed towards larger companies. The Mid-Cap 400 slipped 0.3%, and the Small-Cap 600 declined 1.0%.

Tale Of 2 Cities

Cherry Hill Mortgage

Rithm Capital Corp

Two stocks to drop. Frequent losers. Shareholder value keeps falling. A history of dividend reductions goes along with the declining price.

19% Dividend Yields And Big Short Interest

Dynex Capital, Inc. (DX) Q1 2023 Earnings Call Transcript.

Dynex Capital, Inc. (DX) Q1 2023 Earnings Call Transcript

GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. ("Dynex" or the "Company") (NYSE: DX) reported its first quarter 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 Book value per common share of $13.80 as of March 31, 2023 Dividends declared of $0.39 per common share for the first quarter of 2023.

Dynex Capital, Inc. Announces First Quarter 2023 Results

American Tower

Alexandria Real Estate Equities

Brookfield Asset Management

Brandywine Realty

BrightSpire Capital

Crown Castle International

D.R. Horton

Equity LifeStyle Properties

Equity Residential

Franklin BSP Realty Trust Inc

First Industrial Realty Trust

Gaming and Leisure Properties

Housing Recession Is Over

Aberdeen Income Credit Strategies Fund

Yieldmax Arkk Option Income Etf

San Juan Basin Royalty Trust

Imagine stocks or funds that pay-out their dividends once-a-month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst waiting for money is reduced by 300%, or more!

89 Monthly Paying Dividend Stocks And 80 Funds For April

Arlington Asset Investment

Arbor Realty Trust

Ares Commercial Real Estate

AFC Gamma

Great Ajax

Angel Oak Mortgage

Broadmark Realty Capital Inc.

Claros Mortgage Trust

Hannon Armstrong Sustainable Infrastructure Capital

Invesco Mortgage Capital

Lument Finance Trust

Manhattan Bridge

MFA Financial

AG Mortgage Investment Trust

Mortgage REITs Ranked By Quality (And Some Words Of Caution)

Agree Realty

Ashford Hospitality Trust

Blackstone Group

Diversified Healthcare Trust

Industrial Logistics Properties

Macerich

Neuberger Berman Real Estate Securities Income Fund Inc

Office Properties Income Trust

US Diversified Real Estate ETF

Invesco Active US Real Estate

U.S. equity markets finished broadly higher this past week after a critical slate of inflation data provided further evidence of a definitive cool-down in inflationary pressures. After narrowly snapping a three-week winning streak in the prior week, the S&P 500 advanced 0.8% this week, while the Mid-Cap 400 and Small-Cap 600 posted gains of over 1%.

Inflation's Last Stand

News for Dynex Capital Stock (DX)