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How to buy Dynex Capital stock

Own Dynex Capital stock in just a few minutes.

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Dynex Capital, Inc is a reit—mortgage business based in the US. Dynex Capital shares (DX) are listed on the NYSE and all prices are listed in US Dollars. Dynex Capital employs 20 staff and has a trailing 12-month revenue of around USD$132.7 million.

How to buy shares in Dynex Capital

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Dynex Capital. Find the stock by name or ticker symbol: DX. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Dynex Capital reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Dynex Capital, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Dynex Capital. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Dynex Capital share price

Use our graph to track the performance of DX stocks over time.

Dynex Capital shares at a glance

Information last updated 2020-10-20.
52-week range USD$7.04 - USD$20.34
50-day moving average USD$15.7217
200-day moving average USD$14.5599
Wall St. target price USD$16.88
PE ratio 3.8138
Dividend yield USD$1.56 (9.74%)
Earnings per share (TTM) USD$4.174

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Dynex Capital stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Dynex Capital under- or over-valued?

Valuing Dynex Capital stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Dynex Capital's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Dynex Capital's P/E ratio

Dynex Capital's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 4x. In other words, Dynex Capital shares trade at around 4x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Dynex Capital financials

Revenue TTM USD$132.7 million
Operating margin TTM 86.55%
Gross profit TTM USD$-136,703,000
Return on assets TTM 2.35%
Return on equity TTM 19.71%
Profit margin 86.55%
Book value $16.973
Market capitalisation USD$370.2 million

TTM: trailing 12 months

Shorting Dynex Capital shares

There are currently 1.5 million Dynex Capital shares held short by investors – that's known as Dynex Capital's "short interest". This figure is 3.6% up from 1.5 million last month.

There are a few different ways that this level of interest in shorting Dynex Capital shares can be evaluated.

Dynex Capital's "short interest ratio" (SIR)

Dynex Capital's "short interest ratio" (SIR) is the quantity of Dynex Capital shares currently shorted divided by the average quantity of Dynex Capital shares traded daily (recently around 365736.05769231). Dynex Capital's SIR currently stands at 4.16. In other words for every 100,000 Dynex Capital shares traded daily on the market, roughly 4160 shares are currently held short.

However Dynex Capital's short interest can also be evaluated against the total number of Dynex Capital shares, or, against the total number of tradable Dynex Capital shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Dynex Capital's short interest could be expressed as 0.07% of the outstanding shares (for every 100,000 Dynex Capital shares in existence, roughly 70 shares are currently held short) or 0.0769% of the tradable shares (for every 100,000 tradable Dynex Capital shares, roughly 77 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Dynex Capital.

Find out more about how you can short Dynex Capital stock.

Dynex Capital share dividends

26%

Dividend payout ratio: 25.87% of net profits

Recently Dynex Capital has paid out, on average, around 25.87% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 9.74% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Dynex Capital shareholders could enjoy a 9.74% return on their shares, in the form of dividend payments. In Dynex Capital's case, that would currently equate to about $1.56 per share.

While Dynex Capital's payout ratio might seem fairly standard, it's worth remembering that Dynex Capital may be investing much of the rest of its net profits in future growth.

Dynex Capital's most recent dividend payout was on 1 October 2020. The latest dividend was paid out to all shareholders who bought their shares by 22 October 2020 (the "ex-dividend date").

Have Dynex Capital's shares ever split?

Dynex Capital's shares were split on a 1:3 basis on 21 June 2019. So if you had owned 3 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Dynex Capital shares – just the quantity. However, indirectly, the new 200% higher share price could have impacted the market appetite for Dynex Capital shares which in turn could have impacted Dynex Capital's share price.

Dynex Capital share price volatility

Over the last 12 months, Dynex Capital's shares have ranged in value from as little as $7.04 up to $20.34. A popular way to gauge a stock's volatility is its "beta".

DX.US volatility(beta: 1.29)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Dynex Capital's is 1.2885. This would suggest that Dynex Capital's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Dynex Capital overview

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 corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Dynex Capital, Inc. was founded in 1987 and is headquartered in Glen Allen, Virginia.

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