
Dynex Capital remains a Buy as the discount to book value has closed, but income-led returns and peer-relative value persist. DX's portfolio is now 90% specified pools, positioning for an AI-driven,

The Speedboat Era Ends: Formerly the smallest and most agile agency mREIT, Dynex Capital has systematically expanded its balance sheet to become a dominant player. Portfolio fair value reached $27.6 b
Dynex Capital, Inc. (DX) Q2 2026 Earnings Call Transcript