DX (Dynex Capital) FFO per Share: $1.03 (TTM As of Mar. 2026)


DX Dynex Capital Inc DX
67 GF Score
Price $13.18
GF Value $19.85
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Dynex Capital FFO per Share?

Dynex Capital DX +0.30% 67 FFO per Share is $1.03 as of Mar. 2026. GuruFocus rates DX with a GF Score™ of 67/100 and a GF Value™ of $19.85 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Dynex Capital's FFO per Share for the three months ended in Mar. 2026 was $0.80. Dynex Capital's FFO per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $1.03.

Dynex Capital FFO per Share Related Terms

Dynex Capital FFO per Share Historical Data

* Premium members only.

The historical data trend for Dynex Capital's FFO per Share 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 FFO per Share Chart

Dynex Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FFO per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.09 10.29 -1.44 3.54 -0.48

Dynex Capital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FFO per Share 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 -1.27 -0.44 0.04 0.62 0.80

DX vs BXMT, ARR, EFC: FFO per Share Comparison

For the REIT - Mortgage subindustry, Dynex Capital's Price-to-FFO, along with its competitors' market caps and Price-to-FFO 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 Price-to-FFO vs REITs Industry

For the REITs industry and Real Estate sector, Dynex Capital's Price-to-FFO distribution charts can be found below:

* The bar in red indicates where Dynex Capital's Price-to-FFO falls into.


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

FFO per Share is the amount of funds from operations per outstanding share of the REITs stock.

Dynex Capital's FFO per Share for the fiscal year that ended in Dec. 2025 is calculated as

FFO per Share (A: Dec. 2025 )=FFO (A: Dec. 2025 /Shares Outstanding (Diluted Average) (A: Dec. 2025 )
=-59.877/125.067
=-0.48

Dynex Capital's FFO per Share for the quarter that ended in Mar. 2026 is calculated as

FFO per Share (Q: Mar. 2026 )=FFO (Q: Mar. 2026 )/Shares Outstanding (Diluted Average) (Q: Mar. 2026 )
=160.615/200.084
=0.80

FFO per Share 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 $1.03

* 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.

Frequently Asked Questions Learn more about FFO per Share →
What does a FFO per Share of $1.03 mean?
Dynex Capital (DX) has a FFO per Share of $1.03 as of Mar. 2026. For REITs, funds from operations equal earnings plus depreciation less gain on sales. View historical data on Dynex Capital and its competitors.
Is Dynex Capital's FFO per Share too high?
Dynex Capital's current FFO per Share is $1.03. 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 FFO per Share compare to BXMT and ARR?
Dynex Capital's FFO per Share of $1.03 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 FFO per Share for a REITs company?
A good FFO per Share depends on the REITs industry context. However, FFO per Share 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 FFO per Share mean?
A high FFO per Share can signal that a stock is expensive relative to its fundamentals. For REITs, funds from operations equal earnings plus depreciation less gain on sales. View historical data on Dynex Capital and its competitors. Dynex Capital's current FFO per Share is $1.03. 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 $19.85, compared to a current price of $13.18 — trading 33.6% below its estimated fair value. The current FFO per Share is $1.03. 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 FFO per Share calculated?
FFO per Share is calculated from a company's financial statements. For Dynex Capital (DX), the current FFO per Share is $1.03 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 $13.18 is trading 33.6% below its estimated GF Value™ of $19.85. GuruFocus considers Dynex Capital to be Significantly Undervalued.

Key valuation signals for DX:

  • FFO per Share: $1.03
  • GF Value™: $19.85 vs. price of $13.18 (33.6% 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

Get the complete analysis for DX

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

$13.18
Price
$19.85
GF Value