Dynex Capital, Inc., a mortgage real estate investment trust, invests in mortgage-backed securities (MBS) in the United States. It invests in agency MBS consisting of residential MBS and commercial MBS (CMBS); and agency and non-agency CMBS interest-only securities. 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. Dynex Capital, Inc. was incorporated in 1987 and is headquartered in Glen Allen, Virginia.
Agency REIT Dynamics | Explore Dynex Capital's strategic positioning in the Agency mortgage REIT sector, navigating interest rate fluctuations and economic trends with a focus on security |
Dividend Powerhouse | Delve into Dynex's impressive 16.78% dividend yield and 18-year streak of consistent payouts, showcasing its strength in the income-focused REIT market |
Market Resilience | Uncover how Dynex Capital achieved a 0.9% book value gain amidst challenging conditions, trading near fair value with a price-to-book ratio of 0.99x |
Future Prospects | Analysts eye potential Federal Reserve rate cuts, with price targets ranging from Market Perform to bullish outlooks, as Dynex prepares for its Q1 2025 earnings report |
Metrics to compare | DX | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipDXPeersSector | |
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P/E Ratio | 28.3x | 5.8x | 9.5x | |
PEG Ratio | 0.05 | 0.03 | 0.03 | |
Price/Book | 1.1x | 0.7x | 1.0x | |
Price / LTM Sales | 15.0x | 4.3x | 2.8x | |
Upside (Analyst Target) | 8.7% | 31.2% | 13.1% | |
Fair Value Upside | Unlock | 6.3% | 2.3% | Unlock |