Dynex Capital (NYSE:DX) CEO Smriti Laxman Popenoe Buys 12,000 Shares of Stock

Posted by Brenda Bartman on Oct 21st, 2026

Dynex Capital, Inc. (NYSE:DX – Get Free Report) CEO Smriti Popenoe bought 12,000 shares of the business’s stock in a transaction on Tuesday, October 20th. The stock was bought at an average price of $13.05 per share, with a total value of $156,600.00. Following the purchase, the chief executive officer owned 541,098 shares in the company, valued at $7,061,328.90. This trade represents a 2.27% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Dynex Capital Stock Up 3.5%

DX stock opened at $10.93 on Wednesday. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $2.70 billion, a PE ratio of 8.31 and a beta of 0.98. Dynex Capital, Inc. has a twelve month low of $10.31 and a twelve month high of $14.93. The stock has a 50-day simple moving average of $12.07 and a two-hundred day simple moving average of $12.73.

Dynex Capital (NYSE:DX – Get Free Report) last announced its quarterly earnings results on Monday, October 19th. The real estate investment trust reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.01). Dynex Capital had a negative net margin of 4.65% and a positive return on equity of 10.45%. The company had revenue of $101.56 million for the quarter, compared to the consensus estimate of $113.48 million.

Dynex Capital Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, November 2nd. Investors of record on Thursday, October 22nd will be paid a dividend of $0.17 per share. The ex-dividend date of this dividend is Thursday, October 22nd. This represents a $2.04 annualized dividend and a yield of 18.7%. Dynex Capital’s payout ratio is currently 77.57%.

Institutional Trading of Dynex Capital

Several institutional investors and hedge funds have recently made changes to their positions in the stock. BlackRock Inc. lifted its holdings in shares of Dynex Capital by 14.6% during the 2nd quarter. BlackRock Inc. now owns 18,437,985 shares of the real estate investment trust’s stock worth $241,722,000 after acquiring an additional 2,355,906 shares during the last quarter. State Street Corp increased its stake in Dynex Capital by 12.8% in the second quarter. State Street Corp now owns 5,113,743 shares of the real estate investment trust’s stock valued at $67,862,000 after acquiring an additional 579,022 shares during the last quarter. Wellington Management Group LLP increased its stake in Dynex Capital by 142.9% in the second quarter. Wellington Management Group LLP now owns 2,221,800 shares of the real estate investment trust’s stock valued at $29,128,000 after acquiring an additional 1,307,100 shares during the last quarter. Callodine Capital Management LP bought a new position in Dynex Capital in the first quarter valued at $21,320,000. Finally, Segall Bryant & Hamill LLC purchased a new stake in Dynex Capital during the first quarter valued at about $19,581,000. Hedge funds and other institutional investors own 38.34% of the company’s stock.

Key Headlines Impacting Dynex Capital

Here are the key news stories impacting Dynex Capital this week:

Positive Sentiment: CEO Smriti Popenoe purchased 12,000 shares for approximately $156,600, while CFO Michael Sartori bought 1,000 shares for $10,700. The insider purchases increase their respective holdings and may signal management’s confidence that the stock is undervalued. CEO insider purchase filing CFO insider purchase filing
Positive Sentiment: Management said stable funding and limited refinancing needs are allowing Dynex to earn attractive spreads without relying on near-term interest-rate cuts. The company also believes wider mortgage-backed securities spreads could create better future investment opportunities. Dynex Capital earnings call highlights
Neutral Sentiment: JonesTrading lowered its price target from $14.75 to $12.50 but maintained a “buy” rating, implying analysts still see potential upside despite the weaker quarter. JonesTrading price target update
Negative Sentiment: Third-quarter results were disappointing: Dynex reported a $335.5 million net loss, or $1.34 per share, and book value per share fell to $10.91 from $12.90. Wider Agency MBS spreads reduced portfolio values, producing a negative economic return of $1.48 per share. EPS of $0.38 also narrowly missed estimates, while revenue of $101.6 million fell short of the $113.5 million consensus. Leverage increased to 9.0 times equity, adding risk. Dynex Capital third-quarter results

Wall Street Analysts Forecast Growth

Several analysts have issued reports on DX shares. Keefe, Bruyette & Woods reiterated an “outperform” rating on shares of Dynex Capital in a research note on Tuesday. JonesTrading cut their price target on shares of Dynex Capital from $14.75 to $12.50 and set a “buy” rating for the company in a report on Monday. Weiss Ratings lowered shares of Dynex Capital from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday. Finally, BTIG Research set a $12.00 price target on shares of Dynex Capital and gave the company a “buy” rating in a research report on Tuesday, October 6th. Three equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $13.38.

Check Out Our Latest Stock Report on DX

About Dynex Capital

(Get Free Report)

Dynex Capital, Inc (NYSE: DX) is an internally managed real estate investment trust that invests in mortgage-related assets. The company primarily focuses on agency mortgage-backed securities, including securities backed by the U.S. government or government-sponsored enterprises, as well as selected non-agency residential and commercial mortgage-backed securities.

Dynex Capital uses financing and other investment strategies to generate income from its portfolio of mortgage assets. Its investments are tied primarily to the U.S.