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Dynex Capital, Inc. DX-PC
Real Estate - REIT - Mortgage - NYSE - US
Watchlist
$ 25.4
0.665 %
$ 988 M
Market Cap
9.55
P/E
1. INTRINSIC VALUE

Dynex Capital, Inc., a mortgage real estate investment trust, invests in mortgage-backed securities (MBS) on a leveraged basis in the United States. It invests in agency and non-agency MBS consisting of residential MBS, commercial MBS (CMBS), and 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 have no such guaranty of payment. 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 stockholders.[ Read More ]

The intrinsic value of one DX-PC stock under the base case scenario is HIDDEN Compared to the current market price of 25.4 USD, Dynex Capital, Inc. is HIDDEN

DX-PC Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart DX-PC

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FINANCIALS
133 M REVENUE
-25.08%
Growth Rates
1Year -25.08%
3Years -12.75%
5Years 41.18%
7Years 12.87%
10Years 5.00%
0 OPERATING INCOME
0.00%
Growth Rates
1Year 0.00%
3Years 0.00%
5Years 0.00%
7Years 0.00%
10Years 0.00%
-6.13 M NET INCOME
-4.28%
Growth Rates
1Year -4.28%
3Years -1.14%
5Years -13.37%
7Years -1.92%
10Years -0.87%
62.2 M OPERATING CASH FLOW
-50.77%
Growth Rates
1Year -50.77%
3Years -29.02%
5Years -19.20%
7Years -15.98%
10Years -11.40%
-2.96 B INVESTING CASH FLOW
-4423.31%
Growth Rates
1Year -4423.31%
3Years -31.25%
5Years -27.77%
7Years -72.01%
10Years -33.46%
2.69 B FINANCING CASH FLOW
8404.49%
Growth Rates
1Year 8404.49%
3Years 46.46%
5Years 31.22%
7Years 42.86%
10Years 57.04%
38.8 M REVENUE
-47.94%
Growth Rates
1Year -25.08%
3Years -12.75%
5Years 41.18%
7Years 12.87%
10Years 5.00%
0 OPERATING INCOME
0.00%
Growth Rates
1Year 0.00%
3Years 0.00%
5Years 0.00%
7Years 0.00%
10Years 0.00%
31 M NET INCOME
473.28%
Growth Rates
1Year -4.28%
3Years -1.14%
5Years -13.37%
7Years -1.92%
10Years -0.87%
-2.26 M OPERATING CASH FLOW
-12.12%
Growth Rates
1Year -50.77%
3Years -29.02%
5Years -19.20%
7Years -15.98%
10Years -11.40%
-955 M INVESTING CASH FLOW
-184.90%
Growth Rates
1Year -4423.31%
3Years -31.25%
5Years -27.77%
7Years -72.01%
10Years -33.46%
954 M FINANCING CASH FLOW
210.08%
Growth Rates
1Year 8404.49%
3Years 46.46%
5Years 31.22%
7Years 42.86%
10Years 57.04%
Balance Sheet Decomposition Dynex Capital, Inc.
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Current Assets 150 M
Cash & Short-Term Investments 120 M
Receivables 30 M
Other Current Assets 0
Non-Current Assets 6.05 B
Long-Term Investments 158 M
PP&E 0
Other Non-Current Assets 5.89 B
Current Liabilities 5.44 B
Accounts Payable 53.2 M
Short-Term Debt 5.38 B
Other Current Liabilities 10.4 M
Non-Current Liabilities 0
Long-Term Debt 0
Other Non-Current Liabilities 0
EFFICIENCY
Earnings Waterfall Dynex Capital, Inc.
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Revenue 133 M
Cost Of Revenue 2.15 M
Gross Profit 130 M
Operating Expenses 26.7 M
Operating Income 0
Other Expenses 6.13 M
Net Income -6.13 M
RATIOS
98.38% GROSS MARGIN
98.38%
Averages
1Year 98.38%
3Years 96.01%
5Years 117.61%
7Years 112.58%
10Years 108.80%
0.00% OPERATING MARGIN
0.00%
Averages
1Year 0.00%
3Years 61.87%
5Years 77.25%
7Years 115.50%
10Years 117.17%
-4.62% NET MARGIN
-4.62%
Averages
1Year -4.62%
3Years 43.90%
5Years 66.47%
7Years 61.44%
10Years 62.06%
-0.70% ROE
-0.70%
Averages
1Year -0.70%
3Years 7.87%
5Years 5.09%
7Years 4.69%
10Years 5.00%
-0.10% ROA
-0.10%
Averages
1Year -0.10%
3Years 1.81%
5Years 1.67%
7Years 1.36%
10Years 1.20%
0.00% ROIC
0.00%
Averages
1Year 0.00%
3Years 5.64%
5Years 7.12%
7Years 4.70%
10Years 3.73%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Dynex Capital, Inc.
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Net Income -6.13 M
Depreciation & Amortization 2.32 M
Capital Expenditures 0
Stock-Based Compensation 4.83 M
Change in Working Capital 21.2 M
Others 61.2 M
Free Cash Flow 62.2 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Dynex Capital, Inc.
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DX-PC has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
3.23% DIVIDEND YIELD
0.431 USD DIVIDEND PER SHARE
5. COMPETITION

ARMOUR Residential REIT, Inc. invests in residential mortgage-backed securities (MBS) in the United States. The company's securities portfolio primarily consists of the United States Government-sponsored entity's (GSE) and the Government National Mortgage Administration's issued or guaranteed securities backed by fixed rate, hybrid adjustable rate, and adjustable-rate home loans, as well as unsecured notes and bonds issued by the GSE and the United States treasuries, as well as money market instruments.

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-5.09 USD
ARR-PC
Overvalued 122.40%

Annaly Capital Management, Inc., a diversified capital manager, engages in mortgage finance and corporate middle market lending. The company invests in agency mortgage-backed securities, mortgage servicing rights, Agency commercial mortgage-backed securities, non-Agency residential mortgage assets, residential mortgage loans, credit risk transfer securities, corporate debts, and other commercial real estate investments.

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3.01 USD
NLY-PI
Overvalued 88.35%

AGNC Investment Corp. operates as a real estate investment trust (REIT) in the United States. The company invests in residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by the United States government-sponsored enterprise or by the United States government agency.

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0.748 USD
AGNCO
Overvalued 97.05%

Two Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), non-agency securities, mortgage servicing rights, and other financial assets in the United States.

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-11.6 USD
TWO-PB
Overvalued 147.43%

Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States. The company, through its subsidiaries, invests in a portfolio of mortgage assets, including residential mortgage loans, agency and non-agency residential mortgage-backed securities, agency mortgage-backed securities secured by pools of residential, commercial mortgage loans, and other real estate related securities.

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12.2 USD
CIM-PA
Overvalued 49.06%
6. Ownership
Insider Ownership Dynex Capital, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 year ago
Mar 14, 2023
Bought 97.3 K USD
COLLIGAN ROBERT S
EVP and CFO
+ 8000
 12.16 USD
2 years ago
Oct 26, 2022
Bought 29 K USD
BOSTON BYRON L
CEO and Co-CIO
+ 2500
 11.61 USD
2 years ago
Oct 25, 2022
Bought 131 K USD
BOSTON BYRON L
CEO and Co-CIO
+ 12000
 10.9165 USD
7. News
8. Profile Summary

Dynex Capital, Inc. DX-PC

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COUNTRY US
INDUSTRY REIT - Mortgage
MARKET CAP $ 988 M
Dividend Yield 3.23%
Description Dynex Capital, Inc., a mortgage real estate investment trust, invests in mortgage-backed securities (MBS) on a leveraged basis in the United States. It invests in agency and non-agency MBS consisting of residential MBS, commercial MBS (CMBS), and 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 have no such guaranty of payment. 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 stockholders. The company was incorporated in 1987 and is headquartered in Glen Allen, Virginia.
Contact 4991 Lake Brook Drive, Glen Allen, VA, 23060-9245 https://www.dynexcapital.com
IPO Date Feb. 14, 2020
Employees 22
Officers Mr. Robert M. Nilson Jr. Chief Risk Officer Ms. Alison G. Griffin Vice President of Investor Relations Mr. Byron L. Boston Co-Chief Executive Officer & Chairman of the Board Mr. Jeffrey L. Childress Chief Accounting Officer Ms. Smriti Laxman Popenoe C.F.A. Co-Chief Executive Officer, President, Chief Investment Officer & Director Mr. Robert S. Colligan CPA Executive Vice President, Chief Operating Officer, Chief Financial Officer & Secretary Mr. Wayne E. Brockwell Senior Vice President of Portfolio Mr. Harman Sahni Chief Technology Officer Mr. Terrence J. Connelly CFA Head of Strategy & Research Ms. Rebecca Imhof Controller