Sifting through countless of stocks in the Mortgage Real Estate Investment Trusts (REITs) industry can be tedious, and sometimes two stocks are just too similar to judge which is the better investment. If you’re on the fence about investing in Blackstone Mortgage Trust, Inc., Dynex Capital or Inc. because you’re not sure how they measure up, it’s important to compare them on a few factors before making your decision.

Read on to learn how Blackstone Mortgage Trust, Inc., Dynex Capital and Inc. compare based on key financial metrics to determine which better meets your investment needs.

About Blackstone Mortgage Trust, Inc., Dynex Capital and Inc.

Blackstone Mortgage Trust, Inc., a real estate finance company, originates, acquires, and manages loans and other debt or credit-oriented investments collateralized by or relating to commercial real estate. The company's investment portfolio consists of senior floating rate mortgage loans that are secured by a first-priority mortgage on commercial real estate assets. It has operations in the United States, the United Kingdom, Ireland, Australia, Spain, Sweden, Canada, rest of Europe, and internationally. It operates as a real estate investment trust for federal income tax purposes. The company was formerly known as Capital Trust, Inc. and changed its name to Blackstone Mortgage Trust, Inc. in May 2013. Blackstone Mortgage Trust, Inc. was incorporated in 1998 and is headquartered in New York, New York.

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. government or a U.S. government-sponsored entity, such as Fannie Mae and Freddie Mac. Non-Agency MBS do not have a guaranty of principal or interest payments. The company has qualified as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal income taxes if it distributes at least 90% of its taxable income to its shareholders. The company was incorporated in 1987 and is headquartered in Glen Allen, Virginia.

Latest Mortgage Real Estate Investment Trusts (REITs) and Blackstone Mortgage Trust, Inc., Dynex Capital, Inc. Stock News

As of July 31, 2026, Blackstone Mortgage Trust, Inc. had a $2.5 billion market capitalization, compared to the Mortgage Real Estate Investment Trusts (REITs) median of $621.0 million. Blackstone Mortgage Trust, Inc.’s stock is down 24% in 2026, down 12.9% in the previous five trading days and down 22% in the past year.

Currently, Blackstone Mortgage Trust, Inc.’s price-earnings ratio is 159.8. Blackstone Mortgage Trust, Inc.’s trailing 12-month revenue is $402.6 million with a 3.8% net profit margin. Year-over-year quarterly sales growth most recently was -73.1%. Analysts expect adjusted earnings to reach $1.474 per share for the current fiscal year. Blackstone Mortgage Trust, Inc. currently has a 12.9% dividend yield.

As of July 31, 2026, Dynex Capital, Inc. had a $3.1 billion market cap, putting it in the 60th percentile of all stocks. Dynex Capital, Inc.’s stock is down 9.3% in 2026, up 0.9% in the previous five trading days and up 1.52% in the past year.

Currently, Dynex Capital, Inc.’s price-earnings ratio is 5.4. Dynex Capital, Inc.’s trailing 12-month revenue is $502.3 million with a 86.8% net profit margin. As of July 31, 2026, Dynex Capital, Inc. has not reported significant year-over-year quarterly sales. Analysts expect adjusted earnings to reach $1.408 per share for the current fiscal year. Dynex Capital, Inc. currently has a 16.1% dividend yield.

How We Compare Blackstone Mortgage Trust, Inc., Dynex Capital and Inc. Stock Grades

Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movements. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors streamline and work through such data.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A‐F grades for each of five key investing factors: value, growth, momentum, earnings estimate revisions and quality. Here, we’ll take a closer look at Blackstone Mortgage Trust, Inc., Dynex Capital and Inc.’s stock grades to see how they measure up against one another.

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Blackstone Mortgage Trust, Inc., Dynex Capital and Inc.’s Quality Grades

Company	Ticker	Quality
Blackstone Mortgage Trust, Inc.	BXMT	B
Dynex Capital, Inc.	DX	F

Like the Value Grade, AAII’s A+ Investor Quality Grade comes from the percentile rank of key metrics. Specifically, the Quality Score is the percentile rank of the average of the percentile ranks of return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and the F-Score.

The score is variable, meaning it can consider all eight measures or, should any of the eight measures not be valid, the remaining measures that are valid. To be assigned a Quality Score, stocks must have a valid (non-null) measure and corresponding ranking for at least four of the eight quality measures.

The Quality Score is used to assess the underlying “quality” of a particular stock. A higher-quality stock possesses traits associated with upside potential and reduced downside risk. Backtesting of the Quality Grade shows that stocks with higher grades, on average, outperformed stocks with lower grades over the period of 1998 through 2019.

Stocks receive better grades (higher scores) for having higher scores for the quality subcomponents and worse grades (lower scores) for lower scores for the subcomponents.

Blackstone Mortgage Trust, Inc. has a Quality Score of 61, which is Strong. Dynex Capital, Inc. has a Quality Score of 8, which is Very Weak.

The Quality Grade Winner: Blackstone Mortgage Trust, Inc.

As you can clearly see from the Quality Grade breakdown above, Blackstone Mortgage Trust, Inc. has a better overall quality grade than Dynex Capital, Inc.. For investors who are looking for companies with higher quality than others in the same industry, Blackstone Mortgage Trust, Inc. could be a good stock to add to their portfolios. However, it’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Blackstone Mortgage Trust, Inc., Dynex Capital and Inc.’s Momentum Grades

Company	Ticker	Momentum
Blackstone Mortgage Trust, Inc.	BXMT	F
Dynex Capital, Inc.	DX	D

Momentum grades help to uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming. Momentum is based on the price change of a stock over a specified period relative to all other stocks.

Typically, AAII looks at the weighted relative strength over the trailing four quarters. The weighted four-quarter relative strength rank is the relative price change for each of the past four quarters. The most recent quarterly price change is given a weight of 40% and each of the three previous quarters are given a weighting of 20%.

Blackstone Mortgage Trust, Inc. has a Momentum Score of 20, which is Very Weak. Dynex Capital, Inc. has a Momentum Score of 37, which is Weak.

The Momentum Stock Winner: No Clear Winner

Neither Blackstone Mortgage Trust, Inc., Dynex Capital or Inc. has a strong enough Momentum Grade to be considered a “winner.” Investors considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolios. It’s important to look at a wide range of financial metrics in order to determine if Blackstone Mortgage Trust, Inc., Dynex Capital or Inc. is the better investment when it comes to momentum.

Blackstone Mortgage Trust, Inc., Dynex Capital and Inc.’s Estimate Revisions Grades

Company	Ticker	Earnings Estimate
Blackstone Mortgage Trust, Inc.	BXMT	C
Dynex Capital, Inc.	DX	B

Earnings estimate revisions scores consider the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. Often, positive surprises beget further positive surprises‐or at least continued sales growth (the exact opposite is generally true, too).

Estimate revisions offer an indication of what analysts are thinking about the short-term prospects of a firm. Estimate revisions are based on the statistical significance of a firm’s last two quarterly earnings surprises and the percentage change in its consensus estimate for the current fiscal year over the past month and past three months.

Blackstone Mortgage Trust, Inc. has a Earnings Estimate Score of 48, which is Neutral. Dynex Capital, Inc. has a Earnings Estimate Score of 61, which is Positive.

The Earnings Estimate Revisions Grade Winner: Dynex Capital, Inc.

As you can clearly see from the Earnings Estimate Revisions Grade breakdown above, Dynex Capital, Inc. has a better Earnings Estimate Revisions Grade than Blackstone Mortgage Trust, Inc.. For those who are specifically looking for companies with better short-term prospects when compared to other companies in the same industry, Dynex Capital, Inc. could be a good stock to invest in. However, it’s important to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Other Blackstone Mortgage Trust, Inc., Dynex Capital and Inc. Grades

In addition to Momentum, Estimate Revisions and Quality, A+ Investor also provides grades for Value and Growth.

Growth investing builds on the idea that stocks of companies exhibiting strong, consistent and prolonged growth outperform those of slower-growth companies. AAII measures growth through consistency of annual sales growth, five-year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations.

Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection. Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point.

These 2 key factors, when combined with the above, provide a holistic view into a particular stock. Further, by joining A+ Investor you can see whether Blackstone Mortgage Trust, Inc., Dynex Capital and Inc. pass any of our 60+ stock screens that have outperformed the market since their creation.

So, Which Is the Better Investment, Blackstone Mortgage Trust, Inc., Dynex Capital or Inc. Stock?

Overall, Blackstone Mortgage Trust, Inc. stock has a Momentum Score of 20, Estimate Revisions Score of 48 and Quality Score of 61.

Dynex Capital, Inc. stock has a Momentum Score of 37, Estimate Revisions Score of 61 and Quality Score of 8.

Comparing Blackstone Mortgage Trust, Inc., Dynex Capital and Inc.’s grades, scores and metrics can act as a solid basis to determine whether they may be a good investment or not. You’ll also want to look at your portfolio’s asset allocation as well as your risk tolerance and financial goals to see if either of these stocks would make a good fit for you. AAII can help you figure out which investments align with your individual needs and preferences.

Investors are encouraged to do their own due diligence and research. In this way, individuals can effectively become managers of their own assets‐without having to rely on others for financial independence. You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis.

A+ Investor adds to our qualitative teaching with a powerful data suite to help you whittle down investment choices to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

AAII Disclaimer

We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith, and we accept no liability for any errors or omissions. The full disclaimer can be read here.