FKnol.com

Financial Knowledge & Information Portal

Dynex Capital (DX) Company Profile

Updated Jul 3, 2019
Dynex Capital has the following business profile:
Company's Full Name:Dynex Capital, Inc.
Short Name:Dynex Capital
Trading Ticker Symbol:DX
Primary Exchange:NYSE
Headquarter City/Country:Virginia, VA
Primary Industry Sector:Consumer Services
Seconday Sub-sector:Real Estate Investment Trusts
Main Business Areas: Residential REIT, REIT, Consumer Services, Real Estate Investment Trusts, REITs, Real Estate
Dividend Payments:Dividend History

Market and Trading Information for Dynex Capital

The following details were available for trading and market data about the stock of Dynex Capital as of writing:
Current Share Price:$16.53
Previous Year's Closing Price:$5.72
Percentage Price Change (YTD):188.99%
Market Cap:$403.98 million
52-week Price Range:$16.23 - $20.46
Dividend Per Share:$2.16
EPS (TTM):-5
Price-Earnings (Trailing):0
Price-Earnings (Forward):7.38

Company Profile and Business Description for Dynex Capital

Dynex Capital, Inc., incorporated on January 28, 2015, is an internally managed mortgage real estate investment trust (mortgage REIT), which invests in residential and commercial mortgage-backed securities on a leveraged basis. The Company's objective is to provide attractive risk-adjusted returns to its shareholders over the long term that is reflective of a leveraged fixed income portfolio with a focus on capital preservation. The Company seeks to provide returns to its shareholders through regular quarterly dividends and through capital appreciation. The Company invests in Agency and non-Agency mortgage-backed securities (MBS). MBS consist of residential MBS (RMBS), commercial MBS (CMBS) and CMBS interest-only (IO) securities. Agency MBS have a guaranty of principal payment by an agency of the United States Government or a government-sponsored entity (GSE), such as Fannie Mae and Freddie Mac. Non-Agency MBS have no such guaranty of payment. The Company invests its capital pursuant to its Operating Policies, such as investment philosophy and strategy, financing strategy and hedging strategy.

RMBS

The Company's Agency RMBS investments include MBS collateralized by adjustable-rate mortgage loans (ARMS), which have interest rates that generally will adjust at least annually to an increment over a specified interest rate index and hybrid adjustable-rate mortgage loans (hybrid ARMs), which are loans that have a fixed rate of interest for a specified period (typically 3 to 10 years) and then adjust their interest rate at least annually to an increment over a specified interest rate index. Agency ARMs also include hybrid Agency ARMs that are past their fixed-rate periods or within over 12 months of their initial reset period. The Company may also invest in fixed-rate Agency RMBS from time to time. Additionally, it invests in non-Agency RMBS, which are Non-Agency RMBS are collateralized by non-conforming residential mortgage loans and are tranched into different classes of securities with payments to junior classes subordinate to senior classes. The Company invests in senior classes of non-Agency RMBS.

CMBS

The Company's Agency and non-Agency CMBS are collateralized by first mortgage loans and are primarily fixed-rate securities backed by multifamily housing and other commercial real estate property types, such as office building, retail, hospitality and healthcare. Loans underlying CMBS generally are geographically diverse, are fixed-rate, mature in 08 to 18 years and have amortization terms of up to 30 years. These loans have some form of prepayment protection provisions (such as prepayment lock-out) or prepayment compensation provisions (such as yield maintenance or prepayment penalty). Non-Agency CMBS also includes securities that are backed by pools of single-family rental homes, which have variable-rates that reset monthly based on an index rate, such as London Inter Bank Offered Rate (LIBOR).

CMBS IO

The Company's CMBS IO are interest-only securities issued as part of a CMBS securitization and represent the right to receive interest payments (but not principal cash flows) based on the unpaid principal balance of the underlying pool of commercial mortgage loans. It invests in both Agency-issued and non-Agency issued CMBS IO. CMBS IO securities have a level of prepayment protection, including absolute loan prepayment lock-outs, loan prepayment penalties, or yield maintenance requirements associated with the underlying loans similar to CMBS.

4991 Lake Brook Dr Ste 100

Peer / Competitor Companies of Real Estate Investment Trusts Sector

Along with Dynex Capital, Inc., the following other peer (competitor) companies also exist within the same Real Estate Investment Trusts - Consumer Services sector whose company profile and dividend history is as follows:

▶ Acadia Realty Trust (AKR): Acadia Realty Trust is an equity real estate investment trust focused on delivering long-term, profitable growth via its dual - Core and Fund - operating platforms and its disciplined, location-driven....See Detailed Company Profile  and Dividend History.

▶ ACRE Realty Investors (AIII): ACRE Realty Investors Inc., formerly Roberts Realty Investors, Inc., incorporated on July 22, 1994, is a commercial real estate investment and operating company. The Company is focused on commercial real ....See Detailed Company Profile  and Dividend History.

▶ AGNC Investment (AGNC): AGNC Investment Corp., formerly American Capital Agency Corp., incorporated on January 7, 2008, is a real estate investment trust (REIT). The Company primarily invests in agency residential mortgage-backed securities on ....See Detailed Company Profile  and Dividend History.

▶ AGNC Investment (AGNCB): AGNC Investment Corp., formerly American Capital Agency Corp., incorporated on January 7, 2008, is a real estate investment trust (REIT). The Company primarily invests in agency residential mortgage-backed securities on ....See Detailed Company Profile  and Dividend History.

▶ AGNC Investment (AGNCP): AGNC Investment Corp., formerly American Capital Agency Corp., incorporated on January 7, 2008, is a real estate investment trust (REIT). The Company primarily invests in agency residential mortgage-backed securities on ....See Detailed Company Profile  and Dividend History.

▶ Agree Realty (ADC): Agree Realty Corporation (Agree Realty), incorporated on December 15, 1993, is an integrated real estate investment trust (REIT) primarily focused on the ownership, acquisition, development and management of retail properties. ....See Detailed Company Profile  and Dividend History.

▶ Alexander's (ALX): Alexanders, Inc., incorporated on May 16, 1955, is a real estate investment trust (REIT). The Company is engaged in leasing, managing, developing and redeveloping its properties. The Company is managed ....See Detailed Company Profile  and Dividend History.

▶ Alexandria Real Estate Equities (ARE): Alexandria Real Estate Equities, Inc. (NYSE:ARE), an S&P 500 company, is an urban office real estate investment trust ....See Detailed Company Profile  and Dividend History.

▶ American Assets Trust (AAT): American Assets Trust, Inc., incorporated on July 16, 2010, is a full service, vertically integrated and self-administered real estate investment trust (REIT). The Company owns, operates, acquires and develops retail, ....See Detailed Company Profile  and Dividend History.

▶ American Campus Communities (ACC): American Campus Communities, Inc. (ACC), incorporated on March 9, 2004, is a self-managed and self-administered equity real estate investment trust (REIT). The Company holds interest in American Campus Communities Operating ....See Detailed Company Profile  and Dividend History.

▶ American Farmland (AFCO): American Farmland Company is an internally managed real estate company. The Company owns a portfolio of farmland, consisting of mature permanent, specialty/vegetable row and commodity row crop farms, including farmland ....See Detailed Company Profile  and Dividend History.

▶ American Homes 4 Rent (AMH): American Homes 4 Rent, incorporated on October 19, 2012, is an internally managed real estate investment trust (REIT) focused on acquiring, renovating, leasing and operating single-family homes as rental properties. ....See Detailed Company Profile  and Dividend History.

▶ American Homes 4 Rent (AMH^A): ....See

▶ American Homes 4 Rent (AMH^B): ....See

▶ American Homes 4 Rent (AMH^C): ....See

▶ American Homes 4 Rent (AMH^D): ....See

▶ American Homes 4 Rent (AMH^E): ....See

▶ American Tower REIT (AMT): American Tower Corporation (ATC), incorporated on September 24, 1996, is a holding company. The Company operates as a real estate investment trust (REIT), which owns, operates and develops multitenant communications ....See Detailed Company Profile  and Dividend History.

▶ Annaly Capital Management (NLY): Annaly Capital Management, Inc. (Annaly), incorporated on November 25, 1996, is a mortgage real estate investment trust (REIT). The Company owns a portfolio of real estate related investments. The Companys ....See Detailed Company Profile  and Dividend History.

▶ Anworth Mortgage Asset (ANH): Anworth Mortgage Asset Corporation, incorporated on October 16, 1997, is a real estate investment trust (REIT). The Companys investment objective is to provide risk-adjusted total returns to its stockholders over ....See Detailed Company Profile  and Dividend History.

... See Full List of All Stocks of Real Estate Investment Trusts Sector.

Stock List of Other Consumer Services Sub-sectors

▶ Stocks of Advertising Sector

▶ Stocks of Amusement and Recreation Sector

▶ Stocks of Automotive Aftermarket Sector

▶ Stocks of Books Sector

▶ Stocks of Broadcasting Sector

▶ Stocks of Building Operators Sector

▶ Stocks of Business Services Sector

▶ Stocks of Catalog and Specialty Distribution Sector

▶ Stocks of Clothing Shoes and Accessory Sector

▶ Stocks of Consumer Electronics - Video Sector

▶ Stocks of Consumer Specialties Sector

▶ Stocks of Diversified Commercial Services Sector

▶ Stocks of Electronics Distribution Sector

▶ Stocks of Farming Seeds and Milling Sector

▶ Stocks of Food Chains Sector

▶ Stocks of Greeting Cards Sector

▶ Stocks of Home Furnishings Sector

▶ Stocks of Homebuilding Sector

▶ Stocks of Hotels Resorts Sector

▶ Stocks of Marine Transportation Sector

▶ Stocks of Military Government and Technical Sector

▶ Stocks of Miscellaneous Sector

▶ Stocks of Motor Vehicles Sector

▶ Stocks of Movies Entertainment Sector

▶ Stocks of Newspapers Magazines Sector

▶ Stocks of Office Equipment Supplies and Services Sector

▶ Stocks of Other Consumer Services Sector

▶ Stocks of Other Specialty Stores Sector

▶ Stocks of Paper Sector

▶ Stocks of Professional Services Sector

▶ Stocks of Publishing Sector

▶ Stocks of Real Estate Sector

▶ Stocks of Recreational Products and Toys Sector

▶ Stocks of REITs Sector

▶ Stocks of Rental Leasing Companies Sector

▶ Stocks of Restaurants Sector

▶ Stocks of Retail Building Materials Sector

▶ Stocks of Retail Stores Sector

▶ Stocks of Telecommunications Equipment Sector

▶ Stocks of Television Services Sector

▶ Stocks of Transportation Services Sector


Stock List of Other Top-level Sectors

▶ Stocks of Sector

▶ Stocks of Basic Industries Sector

▶ Stocks of Basic Materials Sector

▶ Stocks of Capital Goods Sector

▶ Stocks of Communication Services Sector

▶ Stocks of Consumer Cyclical Sector

▶ Stocks of Consumer Defensive Sector

▶ Stocks of Consumer Durables Sector

▶ Stocks of Consumer Non-Durables Sector

▶ Stocks of Consumer Services Sector

▶ Stocks of Energy Sector

▶ Stocks of Finance Sector

▶ Stocks of Financial Services Sector

▶ Stocks of Health Care Sector

▶ Stocks of Industrials Sector

▶ Stocks of Miscellaneous Sector

▶ Stocks of Public Utilities Sector

▶ Stocks of Real Estate Sector

▶ Stocks of Services Sector

▶ Stocks of Technology Sector

▶ Stocks of Transportation Sector

▶ Stocks of Utilities Sector