DX (Dynex Capital) Beginning Cash Position: $930.4 Mil (As of Mar. 2026)


DX Dynex Capital Inc DX
67 GF Score
Price $13.01
GF Value $19.83
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Dynex Capital Beginning Cash Position?

Dynex Capital DX +0.39% 67 Beginning Cash Position is $930.4 Mil as of Mar. 2026. GuruFocus rates DX with a GF Score™ of 67/100 and a GF Value™ of $19.83 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Dynex Capital's Beginning Cash Position for the quarter that ended in Mar. 2026 was $930.4 Mil.

Dynex Capital's quarterly Beginning Cash Position increased from Sep. 2025 ($705.8 Mil) to Dec. 2025 ($823.8 Mil) and increased from Dec. 2025 ($823.8 Mil) to Mar. 2026 ($930.4 Mil).

Dynex Capital's annual Beginning Cash Position declined from Dec. 2023 ($449.9 Mil) to Dec. 2024 ($237.9 Mil) but then increased from Dec. 2024 ($237.9 Mil) to Dec. 2025 ($621.5 Mil).

Dynex Capital Beginning Cash Position Related Terms

Dynex Capital Beginning Cash Position Historical Data

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The historical data trend for Dynex Capital's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Dynex Capital Beginning Cash Position Chart

Dynex Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 309.74 421.31 449.88 237.86 621.54

Dynex Capital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 621.54 588.01 705.84 823.81 930.39
DX
67GF Score
Dynex Capital Inc DX
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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Dynex Capital Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of $930.4 Mil mean?
Dynex Capital (DX) has a Beginning Cash Position of $930.4 Mil as of Mar. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Dynex Capital and its competitors.
Is Dynex Capital's Beginning Cash Position too high?
Dynex Capital's current Beginning Cash Position is $930.4 Mil. Overall, Dynex Capital has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dynex Capital's Beginning Cash Position compare to BXMT and ARR?
Dynex Capital's Beginning Cash Position of $930.4 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a REITs company?
A good Beginning Cash Position depends on the REITs industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Dynex Capital and its competitors. Dynex Capital's current Beginning Cash Position is $930.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dynex Capital stock overvalued right now?
Based on GuruFocus' analysis, Dynex Capital (DX) is currently considered Significantly Undervalued. The stock's GF Value™ is $19.83, compared to a current price of $13.01 — trading 34.4% below its estimated fair value. The current Beginning Cash Position is $930.4 Mil. Dynex Capital's overall GF Score™ is 67/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Dynex Capital (DX), the current Beginning Cash Position is $930.4 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Dynex Capital (DX) Overvalued in 2026?

Based on GuruFocus' analysis, Dynex Capital stock appears to be undervalued. The current stock price of $13.01 is trading 34.4% below its estimated GF Value™ of $19.83. GuruFocus considers Dynex Capital to be Significantly Undervalued.

Key valuation signals for DX:

  • Beginning Cash Position: $930.4 Mil
  • GF Value™: $19.83 vs. price of $13.01 (34.4% below fair value)
  • GF Score™: 67/100 with 4 warning signs

No single metric tells the full story. See the DX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Dynex Capital Business Description

Industry Real EstateREITs
Other Exchanges DXpC.PFD:USADYT1:Germany
Address 140 East Shore Drive, Suite 100, Glen Allen, Richmond, VA, USA, 23059-5755
Dynex Capital Inc is a real estate investment trust (REIT) focused on delivering dividends supported by long term returns from investments in mortgage assets backed by U.S. housing and commercial real estate. The Company is internally managed and mainly invests in residential and commercial mortgage-backed securities (RMBS and CMBS), which are Agency securities guaranteed by U.S. government-sponsored enterprises (GSEs). It manages interest rate, prepayment, spread, liquidity, and counterparty risks and operates through one reportable segment investing in MBS funded with repurchase agreements and equity.
67GF Score

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Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$13.01
Price
$19.83
GF Value