Dynex Capital, Inc. Aktie News

Dynex Capital and AGNC Investment posted substantial 2025 book value gains from agency MBS spread tightening. Current low earnings multiples for DX and AGNC are misleading, as recent results are driven by one-time unrealized gains. Common dividends for both mREITs are unsustainably supported by unrealized gains; long-term cuts are likely as recurring earnings lag payouts.

Multiple mortgage REITs fell by over 10% on the day. The stock driving the bus of bad dropped 33% on Friday and is continuing lower today. Preferred shares and baby bonds have consistently outperformed on a risk-adjusted basis, prompting a portfolio shift towards these instruments for better yield and stability.

Dynex Capital delivered a 28.6% total return since September, outperforming expectations but not altering my overall cautious stance. DX's Q4 saw improved net interest income, lower financing costs, and significant unrealized gains, driving a recovery in book value per share. Despite positive momentum, DX continues to pay out more in dividends than it generates in distributable earnings, raisin...

Dynex Capital (DX) Preferred C (DX.PR.C) offers a compelling 9.14% stripped yield but currently trades above an attractive entry point. DX.PR.C's floating rate and high spread are unmatched among similarly low-risk mREIT preferreds, but significant call risk limits upside. Call risk is material: a call could result in immediate downside exceeding $0.60 per share at current prices.

Dynex Capital, Inc. (DX) Q4 2025 Earnings Call Transcript

GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. (the "Company") (NYSE: DX), a REIT with a long track record of generating dividends from high-quality mortgage assets, reported its fourth quarter and full year 2025 financial 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 ...

The Dividend Power strategy highlights 35 high-yield, low-valuation stocks, with 6 identified as 'safer' due to strong free cash flow coverage. The top ten DiviPower stocks are projected to deliver an average net gain of 40.62% by January 2027, with risk/volatility 14% below the market. Seventeen of thirty-five Dividend Power Dogs show negative free cash flow margins, signaling unsustainable di...

GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. (NYSE: DX) announced today that it will release its financial results for the fourth quarter and full year 2025 before market open and will host a conference call and live audio webcast to discuss its financial results at 10:00 a.m. ET on Monday, January 26, 2026. Webcast Details The live audio webcast will be accessible online at www.dynexc...