GLDD, DX, MRX, GNTY and STN have been added to the Zacks Rank #1 (Strong Buy) List on May 30, 2025.
Dynex Capital's Series C preferreds offer a favorable risk/reward profile, with decent earnings, reduced leverage, and increased equity coverage enhancing security for preferred shareholders. The stock's equity coverage has tripled since pre-COVID levels, providing a significant buffer against market downturns and showcasing its resilient profile. We continue to hold DX.PR.C in our Income Portfolios, viewing it as one of the best risk/reward opportunities in the income market.
Dynex Capital, Inc. is a compelling buy due to strong Q1 2025 earnings, an increased dividend, and strategic positioning, offering a 17%+ yield. DX's Q1 2025 results show improved performance with increased comprehensive income, reduced leverage, and strategic capital management despite challenging macroeconomic conditions. DX's hedging strategy and capital raises at a premium to book value strengthen its position, ensuring consistent, high-yield monthly dividends.
Dynex Capital, Inc. (NYSE:DX ) Q1 2025 Earnings Conference Call April 21, 2025 10:00 AM ET Company Participants Alison Griffin - VP of IR Smriti Popenoe - Co-CEO and President Rob Colligan - CFO and COO T.J. Connelly - CIO Byron Boston - Chairman and Co-CEO Conference Call Participants Bose George - KBW Jason Weaver - Jones Trading Doug Harter - UBS Trevor Cranston - Citizens JMP Securities Eric Hagen - BTIG Jason Stewart - Janney Montgomery Scott Operator Greetings, and welcome to the Dynex Capital, Inc. First quarter 2025 Earnings Conference Call.
Dynex Capital (DX) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to loss of $0.30 per share a year ago.
Annaly Capital Management, AG Mortgage Investment Trust and Dynex Capital have been highlighted in this Industry Outlook article.
While volatile mortgage rates will likely hurt Zacks REIT and Equity Trust industry, companies like NLY, MITT and DX are well-poised to navigate the challenges.
Income should pour into your account, not dribble in. We take a three-legged approach to mREIT investing for income. Today, we dive into the third leg.
We take a look at the action in preferreds and baby bonds through the last week of January and highlight some of the key themes we are watching. Preferred stocks saw mixed performance with Energy and Utilities sectors gaining; January's gain nearly offset December's losses. Agency mortgage REITs like AGNC and Annaly reported earnings that are broadly positive for preferreds shareholders.
Dynex Capital, Inc. delivered strong Q4 results, beating revenue and EPS estimates, despite a slight decline in book value per share. Elevated interest rates and wide mortgage spreads are expected to persist, potentially benefiting Dynex's income and reducing refinancing risks. Dynex's portfolio strategy focuses on high coupon, government-insured agency products, likely providing an asymmetrical risk-return tradeoff.
Dynex Capital, Inc. (DX) Q4 2024 Earnings Call Transcript
Dynex Capital (DX) came out with quarterly earnings of $0.10 per share, missing the Zacks Consensus Estimate of $0.38 per share. This compares to loss of $0.24 per share a year ago.