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

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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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.

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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.

GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. (NYSE: DX) reported its third quarter 2021 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." Management Remarks “We believe the current environment remains favorable for us to generate solid long-term returns. We are pleased to once again have generated returns in excess of our dividend in the

Dynex Capital, Inc. Reports Third Quarter 2021 Results

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GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. (NYSE: DX) is scheduled to release its financial results for the third quarter 2021 on Wednesday, October 27, 2021, before the market opens. In connection with this report, the Company will host a conference call and live audio webcast at 10:00 am ET to discuss its financial results and business outlook. Webcast Details The live audio webcast will be accessible online at www.dynexcapital.com on the homepage under “Current Events.” An archive

Dynex Capital, Inc. to Announce Third Quarter 2021 Results

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 third quarter of 2021. The Company will pay the regular quarterly dividend of $0.43125 per share on October 15, 2021, to shareholders of record of the Series C Preferred Stock as of October 1, 2021. Dynex Capital, Inc. is an internally ma

Dynex Capital, Inc. Declares Third Quarter 2021 Series C Preferred Stock Dividend

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Agency mREIT Preferreds Update

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Dynex Capital, Inc. (DX) CEO Byron Boston on Q2 2021 Results - Earnings Call Transcript

GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. (NYSE: DX) reported its second quarter 2021 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." Management Remarks "We began this year believing we would have multiple opportunities to invest capital at attractive returns, as the yield curve steepened or spreads widened. As such, we have raised

Dynex Capital, Inc. Reports Second Quarter 2021 Results

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GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. (NYSE: DX) is scheduled to release its financial results for the second quarter 2021 on Wednesday, July 28, 2021, before the market opens. In connection with this report, the Company will host a conference call and live audio webcast at 10:00 am ET to discuss its financial results and business outlook. Webcast Details The live audio webcast will be accessible online at www.dynexcapital.com on the homepage under “Current Events.” An archive o

Dynex Capital, Inc. to Announce Second Quarter 2021 Results

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 2021. The Company will pay the regular quarterly dividend of $0.43125 per share on July 15, 2021, to shareholders of record of the Series C Preferred Stock as of July 1, 2021. Dynex Capital, Inc. is an internally managed

Dynex Capital, Inc. Declares Second Quarter 2021 Series C Preferred Stock Dividend

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Agency Mortgage REIT Preferreds Q1 Update

Several mortgage REITs are trading around book value. Thanks to changes in the spreads on agency MBS, book value has also increased substantially.

A Year Late For Buying Mortgage REITs

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Dynex Capital, Inc. (DX) CEO Byron Boston on Q1 2021 Results - Earnings Call Transcript

GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. (NYSE: DX) reported its first quarter 2021 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". Management Remarks “I am extremely pleased with our first quarter results, as we continued to demonstrate the power of our investment strategy and the exceptional skills and experience of our team,” st

Dynex Capital, Inc. Reports First Quarter 2021 Results

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GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. (NYSE: DX) is scheduled to release its financial results for the first quarter 2021 on Wednesday, April 28, 2021, before the market opens. In connection with this report, the Company will host a conference call and live audio webcast at 10:00 am ET to discuss its financial results and business outlook. Webcast Details The live audio webcast will be accessible online at www.dynexcapital.com on the homepage under “Current Events.” An archive o

Dynex Capital, Inc. to Announce First Quarter 2021 Results and Conference Call

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News for Dynex Capital Stock (DX)