Dynex CapitalDX 67 Market Cap is $2,829.2 Mil as of Jul. 12, 2026. GuruFocus rates DX with a GF Score™ of 67/100 and a GF Value™ of $19.80 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 976 REITs companies, Dynex Capital ranks better than 83.4% on this metric.
Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Dynex Capital's share price for the quarter that ended in Mar. 2026 was $12.76. Dynex Capital's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 207.2 Mil. Therefore, Dynex Capital's market cap for the quarter that ended in Mar. 2026 was $2,643.3 Mil.
Dynex Capital's quarterly market cap
increased
from Sep. 2025 ($1,790.8 Mil) to Dec. 2025 ($2,449.2 Mil) and
increased
from Dec. 2025 ($2,449.2 Mil) to Mar. 2026 ($2,643.3 Mil).
Dynex Capital's annual market cap
increased
from Dec. 2023 ($714.1 Mil) to Dec. 2024 ($1,068.8 Mil) and
increased
from Dec. 2024 ($1,068.8 Mil) to Dec. 2025 ($2,449.2 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Dynex Capital's Enterprise Value for Today is $2,163.9 Mil.
Dynex Capital (NYSE:DX) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Dynex Capital Market Cap Related Terms
Dynex Capital Market Cap Historical Data
* Premium members only.
The historical data trend for Dynex Capital's Market Cap 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.
For the REIT - Mortgage subindustry, Dynex Capital's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs REITs Industry
For the REITs industry and Real Estate sector, Dynex Capital's Market Cap distribution charts can be found below:
* The bar in red indicates where Dynex Capital's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Dynex Capital's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (DX) has a Market Cap of $2,829.2 Mil as of Jul. 12, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Dynex Capital and its competitors. According to the industry distribution chart, Dynex Capital ranks #162 out of 976 companies in the REITs industry, placing it in the top 16.6%.
Is Dynex Capital's Market Cap too high?
Dynex Capital's current Market Cap is $2,829.2 Mil. The REITs industry median Market Cap is 285.57. Dynex Capital's value of $2,829.2 Mil is 890.7% above this industry median. Based on the distribution chart, Dynex Capital ranks #162 out of 976 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. 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 Market Cap compare to BXMT and ARR?
According to the REITs industry distribution chart, Dynex Capital ranks #162 out of 976 companies for Market Cap. This places Dynex Capital in the top 17% of its industry — outperforming the majority of peers. The industry median Market Cap is 285.57. Dynex Capital's value of $2,829.2 Mil is 890.7% 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 Market Cap for a REITs company?
The median Market Cap among REITs companies is 285.57, based on 976 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dynex Capital's current Market Cap of $2,829.2 Mil is 890.7% 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Dynex Capital and its competitors. For the REITs industry, the median Market Cap is 285.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dynex Capital's current Market Cap is $2,829.2 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 $19.80, compared to a current price of $13.15 — trading 33.6% below its estimated fair value. The current Market Cap is $2,829.2 Mil and 890.7% above the REITs industry median of 285.57. 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 Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Dynex Capital (DX), the current Market Cap is $2,829.2 Mil as of Jul. 12, 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 $13.15 is trading 33.6% below its estimated GF Value™ of $19.80.
GuruFocus considers Dynex Capital to be Significantly Undervalued.
Key valuation signals for DX:
Market Cap: $2,829.2 Mil
GF Value™: $19.80 vs. price of $13.15 (33.6% below fair value)
Industry Position: 890.7% above the REITs median (#162 of 976)
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 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
Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
DX has been successfully added to your 
