Dynex Capital Inc (DX)vsAnnaly Capital Management, Inc. (NLY)
DX
Dynex Capital Inc
$13.02
+0.39%
REAL ESTATE · Cap: $3.09B
NLY
Annaly Capital Management, Inc.
$23.39
+1.21%
REAL ESTATE · Cap: $17.12B
Smart Verdict
WallStSmart Research — data-driven comparison
Annaly Capital Management, Inc. generates 548% more annual revenue ($3.25B vs $502.28M). NLY leads profitability with a 90.7% profit margin vs 86.8%. DX appears more attractively valued with a PEG of 0.71. DX earns a higher WallStSmart Score of 84/100 (A-).
DX
Exceptional Buy84
out of 100
Grade: A-
NLY
Strong Buy77
out of 100
Grade: B+
Intrinsic Value Comparison
Multi-model valuation · Graham Formula
Margin of Safety
+70.2%
Fair Value
$46.91
Current Price
$13.02
$33.89 discount
Margin of Safety
-8.7%
Fair Value
$20.98
Current Price
$23.39
$2.41 premium
Key Strengths & Concerns
Side-by-side fundamental analysis
Key Strengths
Attractively priced relative to earnings
Reasonable price relative to book value
Keeps 87 of every $100 in revenue as profit
Strong operational efficiency at 91.8%
Revenue surging 234.8% year-over-year
Earnings expanding 92.3% YoY
Attractively priced relative to earnings
Reasonable price relative to book value
Keeps 91 of every $100 in revenue as profit
Strong operational efficiency at 91.6%
Revenue surging 479.4% year-over-year
Earnings expanding 3426.0% YoY
Areas to Watch
Weak financial health signals
Distress zone — elevated risk
Elevated debt levels
Weak financial health signals
Expensive relative to growth rate
Distress zone — elevated risk
Elevated debt levels
Comparative Analysis Report
WallStSmart ResearchBull Case : DX
The strongest argument for DX centers on P/E Ratio, Price/Book, Profit Margin. Profitability is solid with margins at 86.8% and operating margin at 91.8%. Revenue growth of 234.8% demonstrates continued momentum.
Bull Case : NLY
The strongest argument for NLY centers on P/E Ratio, Price/Book, Profit Margin. Profitability is solid with margins at 90.7% and operating margin at 91.6%. Revenue growth of 479.4% demonstrates continued momentum.
Bear Case : DX
The primary concerns for DX are Piotroski F-Score, Altman Z-Score, Debt/Equity. Debt-to-equity of 7.13 is elevated, increasing financial risk.
Bear Case : NLY
The primary concerns for NLY are Piotroski F-Score, PEG Ratio, Altman Z-Score. Debt-to-equity of 7.38 is elevated, increasing financial risk.
Key Dynamics to Monitor
NLY carries more volatility with a beta of 1.24 — expect wider price swings.
NLY is growing revenue faster at 479.4% — sustainability is the question.
NLY generates stronger free cash flow (1.4B), providing more financial flexibility.
Monitor REIT - MORTGAGE industry trends, competitive dynamics, and regulatory changes.
Bottom Line
DX scores higher overall (84/100 vs 77/100), backed by strong 86.8% margins and 234.8% revenue growth. Both earn "Exceptional Buy" and "Strong Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.
This analysis is generated from publicly available financial data. Not financial advice.
Dynex Capital Inc
REAL ESTATE · REIT - MORTGAGE · USA
Dynex Capital, Inc., a mortgage real estate investment trust, invests in Mortgage-Backed Securities (MBS) on a leveraged basis in the United States. The company is headquartered in Glen Allen, Virginia.
Annaly Capital Management, Inc.
REAL ESTATE · REIT - MORTGAGE · USA
Annaly Capital Management, Inc., a diversified capital manager, invests in and finances residential and commercial assets. The company is headquartered in New York, New York.
Visit Website →Compare with Other REIT - MORTGAGE Stocks
Want to dig deeper into these stocks?