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 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

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

Earnings data Q4 2025

Earnings data Q1 2026

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.

Dynex Capital reports strong Q4 performance amidst market challenges

Dynex Capital's Q4 2024 earnings call showcased strong performance, robust risk management, and a focus on sustainable growth in the housing finance market.
While facing challenges such as hedge strategy concerns and GSE reform implications, the company remains well-positioned to capitalize on opportunities in mortgage-backed securities.
Management's commitment to delivering shareholder value and navigating market uncertainties underscores Dynex Capital's resilience and strategic focus.

Dynex Capital reports increased income and resilience amidst market turbulence

Dynex Capital's Q1 2025 earnings call highlighted increased net interest income, capital strength, and proactive risk management strategies. The company faces challenges from market turbulence and raised analyst concerns about funding costs stability and investment strategies. Despite challenges, Dynex Capital's transparent approach, long-term investment strategy, and alignment with shareholder interests position it for opportunities in a changing market environment.

Dynex Capital reports robust Q2 performance and strategic growth plans

Dynex Capital's Q2 2025 earnings call highlighted strong performance, strategic growth initiatives, and a focus on risk management and liquidity. The company's organizational enhancements, increased dividend levels, and market capitalization growth underscore operational strength and resilience. While facing challenges in market dynamics and leverage optimization, Dynex Capital is well-positioned to leverage opportunities for further growth and value creation.

Dynex Capital reports strong Q3 performance amidst market uncertainties

Dynex Capital's Q3 earnings call highlighted strong performance, strategic focus on growth, and preparedness for market uncertainties. The company faces challenges from global economic vulnerabilities but sees opportunities in the evolving policy environment and mortgage market dynamics.

Dynex Capital reports robust Q4 performance and eyes growth opportunities

Dynex Capital's Q4 2025 earnings call highlighted strong financial performance, strategic capital deployment, and a focus on long-term value creation. The company faces challenges in optimizing returns amidst market uncertainties but has opportunities to capitalize on MBS market stability and refine its strategies for growth.

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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.