Dynex Capital with ticker code (DX) now have 5 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 16 and 14 calculating the mean target price we have 15.15. Given that the stocks previous close was at 14.98 this now indicates there is a potential upside of 1.1%. The 50 day moving average now sits at 13.38 and the 200 day MA is 14.53. The market cap for the company is $655m. Company Website: https://www.dynexcapital.com
The potential market cap would be $663m based on the market concensus.
Dynex Capital, a mortgage real estate investment trust, invests in mortgage-backed securities (MBS) on a leveraged basis in the United States. It invests in agency and non-agency MBS consisting of residential MBS, commercial MBS (CMBS), and CMBS interest-only securities. 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 have no such guaranty of payment. 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 stockholders. The company was incorporated in 1987 and is headquartered in Glen Allen, Virginia.
