profit from every $100 of sales.
$0$100
Dynex Capital
$9.96-4.41% today
-27.4% in 1 year
1-year low $9.961-year high $14.74
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $8.10 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Dynex Capital sold, what it kept, and what it did with the cash.
Sales went from $177 million in 2022 to $372 million in 2025, with $319 million of profit last year.
SalesProfit
Dynex Capital handed back more cash to shareholders than it generated last year.
$247M
Free cash flow 2025$121M
Bought back its own shares–
Paid as dividends$247M
Dynex Capital vs. similar companies
Dynex Capital grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Dynex Capital | 8.1× · Cheap | ||
 Annaly Capital Management | 6.8× · Cheap | ||
 AGNC Investment | 6.3× · Cheap | ||
 Rithm Capital | 7.4× · Cheap | ||
 Starwood Property | 10.4× · Cheap |
AI analysis
An AI analyst reads Dynex Capital's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 177 | 27 | 150 | 372 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| 143 | -6 | 114 | 319 | |
| 3.17 | -0.25 | 1.49 | 2.47 | |
| – | – | – | – | |
| – | – | – | – | |
| 80.9% | -22.9% | 75.7% | 85.7% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 3,605 | 6,370 | 8,185 | 17,342 |
| Cash | 332 | 120 | 377 | 531 |
| Total debt | – | – | – | – |
| Total liabilities | 2,704 | 5,499 | 7,000 | 14,880 |
| 901 | 871 | 1,185 | 2,462 | |
| 43 | 55 | 71 | 125 | |
| – | – | – | – | |
| 15.9% | -0.7% | 9.6% | 13.0% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 126 | 62 | 14 | 121 | |
| – | – | – | – | |
| 126 | 62 | 14 | 121 | |
| Dividends paid | 72 | 93 | 118 | 247 |
| 0 | 0 | – | – | |
| 4 | 5 | 7 | 13 |
Valuation
- 8.1×
- 7.1×
- –
- 1.0×
- 6.9×
- 21.4×
- –
- 4.7%
- 12.3%
- 15.7%
Profitability
- 100.0%
- 129.4%
- 85.7%
- 129.4%
- 3.8%
- 6.4%
- 11.1%
- 1.0%
- 33.1%
- –
Growth
- +28.1%
- −8.0%
- +739.5%
- +3.6%
- +39.5%
Financial health
- 22.5×
- 7.73
- 86.5%
- 1.7×
- 0.06
- 0.06
- 0.03
How it ranks in Real Estate
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 42%of 744
Top 17%of 665
Top 11%of 760
Bottom 42%of 761
What analysts expect
- Average price target
- $16.83
- Range
- $14.50 – $20.00
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 20, 2026 | 0.31 | 0.31 | −1.0% |
| Jan 26, 2026 | 0.22 | 0.38 | −42.0% |
| Oct 20, 2025 | 0.25 | 0.44 | −43.2% |
| Jul 21, 2025 | 0.22 | 0.49 | −55.1% |
| Apr 21, 2025 | 0.20 | 0.14 | +42.9% |
| Jan 27, 2025 | 0.10 | 0.38 | −73.7% |
| Oct 21, 2024 | -0.10 | 0.29 | −134.5% |
| Jul 22, 2024 | -0.12 | -0.19 | +36.8% |
15.7%of the share price, paid each year
On $1,000 invested$157a year at today's yield, before tax
+3.6%2020 to 2025
Raised1 yearin a row, in our data
Paid per share, each year
$2.88 in 2015 → $1.98 in 2025
How safe it looks
77.3% of its profit
Room to growStretchedMore than it earns: 204.1%
News
Dynex Capital, Inc. Q3 2026 Earnings Call SummaryYahoo Finance · Oct 19, 2026Dynex trades lower as Q3 net interest income and book value disappointSeeking Alpha · Oct 19, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
41No pass
Benjamin Graham
26No pass
Philip Fisher
48No pass
Peter Lynch
54No pass
Joel Greenblatt
52No pass
Charlie Munger
46No pass
Terry Smith
35No pass
Questions about Dynex Capital
Is Dynex Capital a good stock to buy?
A business with weak numbers, and the price looks low. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Dynex Capital AI analysis
What does Dynex Capital do?
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. It is in REIT - Mortgage, based in Glen Allen, VA, United States, with 28 employees.
Does Dynex Capital pay a dividend?
Yes. At today's price the dividend is 15.7% a year, about 77% of its yearly profit. In 2025 it paid out $247 million in dividends.
Is Dynex Capital stock halal?
No. Dynex Capital does not pass our halal screen: its main business, mortgage lending, is not permitted. How we check
How has Dynex Capital stock done over the past year?
Down 27.4% over the past twelve months, to $9.96. It traded between $9.96 and $14.74 and is 32.4% below its high.
Who are Dynex Capital's competitors?
The largest listed companies in the same industry are Annaly Capital Management, AGNC Investment, Rithm Capital and Starwood Property. The peers table on this page compares their profit, growth and price with Dynex Capital's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.