Dynex Capital (NYSE:DX) Hits New 12-Month High – Here’s What Happened

23 Jan 2026, 21:30 by Mitch Edgeman · The Markets Daily

Dynex Capital, Inc. (NYSE:DX – Get Free Report) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $14.67 and last traded at $14.6050, with a volume of 5645932 shares changing hands. The stock had previously closed at $14.44.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on DX shares. Keefe, Bruyette & Woods raised their price target on shares of Dynex Capital from $14.00 to $14.50 and gave the company an “outperform” rating in a research note on Thursday, December 18th. UBS Group set a $13.25 price target on Dynex Capital and gave the company a “neutral” rating in a research report on Wednesday, October 8th. Jones Trading reaffirmed a “buy” rating and issued a $14.00 price objective on shares of Dynex Capital in a research note on Monday, October 20th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Dynex Capital in a research report on Monday, December 29th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $13.92.

Get Our Latest Report on Dynex Capital

Dynex Capital Trading Up 1.1%

The company has a debt-to-equity ratio of 0.01, a current ratio of 1.19 and a quick ratio of 1.19. The firm has a fifty day simple moving average of $13.90 and a 200-day simple moving average of $13.16. The firm has a market cap of $2.14 billion, a P/E ratio of 9.87 and a beta of 0.98.

Dynex Capital (NYSE:DX – Get Free Report) last released its quarterly earnings data on Monday, October 20th. The real estate investment trust reported $0.25 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.19). The business had revenue of $421.91 million during the quarter, compared to the consensus estimate of $32.06 million. Dynex Capital had a net margin of 41.53% and a return on equity of 6.65%. On average, equities research analysts expect that Dynex Capital, Inc. will post 1.94 earnings per share for the current year.

Dynex Capital Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, February 2nd. Investors of record on Wednesday, January 21st will be issued a $0.17 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 14.0%. The ex-dividend date is Wednesday, January 21st. Dynex Capital’s dividend payout ratio is currently 137.84%.

Institutional Trading of Dynex Capital

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Allworth Financial LP grew its stake in Dynex Capital by 18,921.9% in the 2nd quarter. Allworth Financial LP now owns 52,881 shares of the real estate investment trust’s stock valued at $646,000 after purchasing an additional 52,603 shares during the period. SG Americas Securities LLC grew its position in Dynex Capital by 557.1% during the third quarter. SG Americas Securities LLC now owns 156,172 shares of the real estate investment trust’s stock valued at $1,919,000 after buying an additional 132,404 shares during the period. Edgestream Partners L.P. bought a new stake in Dynex Capital in the second quarter worth about $1,795,000. Nisa Investment Advisors LLC raised its position in Dynex Capital by 265.6% in the third quarter. Nisa Investment Advisors LLC now owns 140,953 shares of the real estate investment trust’s stock worth $1,756,000 after acquiring an additional 102,400 shares during the period. Finally, IFG Advisory LLC purchased a new position in Dynex Capital in the second quarter valued at about $255,000. 38.34% of the stock is owned by institutional investors.

Dynex Capital Company Profile

(Get Free Report)

Dynex Capital, Inc is a mortgage real estate investment trust (REIT) that specializes in acquiring and managing mortgage-related assets. The company’s primary business involves investing in residential mortgage-backed securities (RMBS), including agency-backed pools issued or guaranteed by government-sponsored entities such as Fannie Mae, Freddie Mac and Ginnie Mae, as well as selected non-agency RMBS. Dynex Capital seeks to generate net interest income by earning interest on its portfolio while employing leverage through secured repurchase agreements and other debt facilities.