Dynex Capital (DX) vs National Health Investors (NHI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
National Health Investors (NHI) has outperformed Dynex Capital (DX) over the past year, losing 15.5% versus a loss of 18.1%. Over five years, NHI leads with a +13.2% price change compared with -40.1% for DX. National Health Investors is the larger company by market cap ($3.17 billion vs $2.66 billion), about 1.2 times the size.
On valuation, Dynex Capital trades at a lower forward P/E (6.9x vs 19.9x for National Health Investors). Dynex Capital offers the higher dividend yield (19.07% vs 5.70%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | DX | NHI |
|---|---|---|
| Share price | $10.70 | $64.58 |
| Market cap | $2.66B | $3.17B |
| 1-day change | +1.23% | +0.97% |
| YTD return | -23.63% | -16.25% |
| 1-year return | -18.13% | -15.53% |
| 5-year return | -40.06% | +13.20% |
| P/E ratio (TTM) | 3.70 | 18.66 |
| Forward P/E | 6.95 | 19.89 |
| EPS (TTM) | $2.89 | $3.46 |
| Dividend yield | 19.07% | 5.70% |
| Annual dividend | $2.04 | $3.68 |
| Revenue (latest FY) | — | $375.63M |
| Revenue growth (YoY) | — | +12.07% |
| Net income (latest FY) | $319.07M | $142.18M |
| Net margin | — | 37.85% |
| 52-week high | $14.93 | $91.38 |
| 52-week low | $10.36 | $63.51 |
| Distance from 52-week high | -28.33% | -29.33% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +33.18% | +26.79% |
| Average volume | 6.17M | 377.04K |
| Shares outstanding | 248.17M | 49.11M |
| Employees | 28 | 32 |
| Sector | Real Estate | Real Estate |
| Industry | Real Estate Investment Trusts | Real Estate Investment Trusts |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- National Health Investors trades at a higher earnings multiple (18.7x vs 3.7x trailing P/E).
- Dynex Capital offers a meaningfully higher dividend yield (19.07% vs 5.70%).
About Dynex Capital
DX stock →Dynex Capital, Inc., a mortgage real estate investment trust, invests in residential and commercial mortgage-backed securities (MBS) in the United States. Agency MBS have a guaranty of principal payment by an agency of the U.S.
Real Estate · Real Estate Investment Trusts · 28 employees
About National Health Investors
NHI stock →National Health Investors, Inc. is a self-managed real estate investment trust (REIT).
Real Estate · Real Estate Investment Trusts · 32 employees
DX vs NHI FAQ
Which is bigger, Dynex Capital or National Health Investors?
National Health Investors (NHI) is larger, with a market capitalization of $3.17B compared with $2.66B for Dynex Capital (DX).
Which stock has performed better over the past year, DX or NHI?
NHI returned -15.53% over the past 12 months, compared with -18.13% for DX (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, DX or NHI?
DX has the lower trailing P/E at 3.7, versus 18.7 for NHI. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Dynex Capital or National Health Investors?
Dynex Capital has the higher yield at 19.07%, compared with 5.70% for National Health Investors.
Are Dynex Capital and National Health Investors in the same industry?
Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.