# Dynex Capital Inc. (DX) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Real Estate / Equity Real Estate Investment Trusts (REITs). Price $12.90, market value $3.2 billion.

## Valuation
- **P/E (trailing): 4.1×** (5-yr avg 4.3×, 3-yr avg 5.8×). Dynex Capital Inc. trades at 4.1× trailing earnings, close to its own five-year average of 4.3×. The Real Estate median in the September 2026 study was 25.2×. Forward P/E is 8.2×, higher than trailing, so analysts expect earnings to fall.
- **PEG: 0.13**. A PEG of 0.13 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / book: 1.0×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **Earnings yield: 24.3%**. The inverse of the P/E: 24.3% of the price is earned each year.

## Profitability
- **Return on equity: 13.0%**. 13.0% on shareholders' equity is solid.

## Growth
- **EPS growth (1 yr): 65.8%** (3-yr -8.0%/yr, 5-yr -18.6%/yr). Earnings per share rose 65.8%.

## Financial health
- **Debt to equity: 0.00**. Debt is 0.00 times equity: a conservative balance sheet.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 15.81%** ($2.04 per share, trailing). Dynex Capital Inc. yields 15.81%, high enough to check carefully: yields this high often precede a cut.
- **Payout ratio: 77%**. 77% of earnings goes out as dividends, leaving a thin cushion.
- **Consecutive years of increases: 1**. 1 straight year of increases.
- **Dividend growth (5 yr): 3.6%/yr** (1-yr 36.6%). The dividend has grown 3.6% a year over five years.

## Price and momentum
- **Total return (1 yr): 16.4%** (YTD 2.0%, 3-mo 2.9%). The shares are up 16.4% over twelve months including dividends.
- **From 52-week high: -13.6%** (9.0% above the low). Trading 14% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 49**. An RSI of 49 is neutral.
- **Beta (1 yr): 0.53** (volatility 17%). Beta of 0.53 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=DX · Page: https://foliofundamentals.com/stocks/dx

Not investment advice.