DX (Dynex Capital) Earnings per Share (Diluted): $2.63 (TTM As of Mar. 2026)

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DX Dynex Capital Inc DX
67 GF Score
Price $12.60
GF Value $19.75
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Dynex Capital Earnings per Share (Diluted)?

Dynex Capital DX 67 Earnings per Share (Diluted) is $2.63 as of Mar. 2026. GuruFocus rates DX with a GF Score™ of 67/100 and a GF Value™ of $19.75 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 672 REITs companies, Dynex Capital ranks worse than 68.3% on this metric.

Dynex Capital's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was $-0.41. Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $2.63.

Dynex Capital's EPS (Basic) for the three months ended in Mar. 2026 was $-0.41. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was $2.65.

Dynex Capital's EPS without NRI for the three months ended in Mar. 2026 was $-0.41. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was $2.63.

During the past 12 months, Dynex Capital's average EPS without NRIGrowth Rate was 119.50% per year. During the past 3 years, the average EPS without NRIGrowth Rate was -8.00% per year.

During the past 13 years, Dynex Capital's highest 3-Year average EPS without NRI Growth Rate was 382.70% per year. The lowest was -71.30% per year. And the median was 7.55% per year.


Dynex Capital  (NYSE:DX) Earnings per Share (Diluted) Explanation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Dynex Capital Earnings per Share (Diluted) Related Terms


Dynex Capital Earnings per Share (Diluted) Historical Data

* Premium members only.

The historical data trend for Dynex Capital's Earnings per Share (Diluted) 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 Earnings per Share (Diluted) Chart

Dynex Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings per Share (Diluted)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.78 3.17 -0.25 1.49 2.47

Dynex Capital Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Earnings per Share (Diluted) 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 -0.14 1.08 1.16 -0.41 0.80

DX vs BXMT, ARR, EFC: Earnings per Share (Diluted) Comparison

For the REIT - Mortgage subindustry, Dynex Capital's PE Ratio, along with its competitors' market caps and PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dynex Capital PE Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Dynex Capital's PE Ratio distribution charts can be found below:

* The bar in red indicates where Dynex Capital's PE Ratio falls into.


DX
67GF Score
Dynex Capital Inc DX
Earnings per Share (Diluted) is just one metric. See GF Score™, valuation, warning signs, and more.
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Dynex Capital Earnings per Share (Diluted) Calculation

Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.

Dynex Capital's Earnings Per Share (Diluted) for the fiscal year that ended in Dec. 2025 is calculated as

Diluted Earnings Per Share (A: Dec. 2025 ) = (Net Income - Preferred Dividends) / Shares Outstanding (Diluted Average)
=(319.066-10.191)/125.067
=2.47

Dynex Capital's Earnings Per Share (Diluted) for the quarter that ended in Mar. 2026 is calculated as

Diluted Earnings Per Share (Q: Mar. 2026 )=(Net Income - Preferred Dividends / Shares Outstanding (Diluted Average)
=(-80.362-2.658)/200.084
=-0.41

Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.63

* 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.

Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.

What does a Earnings per Share (Diluted) of $2.63 mean?
Dynex Capital (DX) has a Earnings per Share (Diluted) of $2.63 as of Mar. 2026. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Dynex Capital and its competitors. According to the industry distribution chart, Dynex Capital ranks #459 out of 672 companies in the REITs industry, placing it in the top 68.3%.
Is Dynex Capital's Earnings per Share (Diluted) too high?
Dynex Capital's current Earnings per Share (Diluted) is $2.63. The REITs industry median Earnings per Share (Diluted) is 1.00. Dynex Capital's value of $2.63 is 163% above this industry median. Based on the distribution chart, Dynex Capital ranks #459 out of 672 companies in the REITs industry, which is below the industry midpoint. 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 Earnings per Share (Diluted) compare to BXMT and ARR?
According to the REITs industry distribution chart, Dynex Capital ranks #459 out of 672 companies for Earnings per Share (Diluted). This places Dynex Capital in the lower half of its industry. The industry median Earnings per Share (Diluted) is 1.00. Dynex Capital's value of $2.63 is 163% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings per Share (Diluted) for a REITs company?
The median Earnings per Share (Diluted) among REITs companies is 1.00, based on 672 companies in the industry. Companies in the top quartile (top 25%) have a Earnings per Share (Diluted) significantly above this median, while those in the bottom quartile fall well below. However, Earnings per Share (Diluted) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dynex Capital's current Earnings per Share (Diluted) of $2.63 is 163% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings per Share (Diluted) mean?
A high Earnings per Share (Diluted) can signal that a stock is expensive relative to its fundamentals. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Dynex Capital and its competitors. For the REITs industry, the median Earnings per Share (Diluted) is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dynex Capital's current Earnings per Share (Diluted) is $2.63. 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 $19.75, compared to a current price of $12.60 — trading 36.2% below its estimated fair value. The current Earnings per Share (Diluted) is $2.63 and 163% above the REITs industry median of 1.00. Dynex Capital's overall GF Score™ is 67/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings per Share (Diluted) calculated?
Earnings per Share (Diluted) is calculated from a company's financial statements. For Dynex Capital (DX), the current Earnings per Share (Diluted) is $2.63 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 $12.60 is trading 36.2% below its estimated GF Value™ of $19.75. GuruFocus considers Dynex Capital to be Significantly Undervalued.

Key valuation signals for DX:

  • Earnings per Share (Diluted): $2.63
  • GF Value™: $19.75 vs. price of $12.60 (36.2% below fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 163% above the REITs median (#459 of 672)

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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Earnings per Share (Diluted) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$12.60
Price
$19.75
GF Value