Dynex Capital found using ticker (DX) have now 5 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 21 and 17.75 with a mean TP of 19.05. Given that the stocks previous close was at 16.99 this is indicating there is a potential upside of 12.1%. There is a 50 day moving average of 17.09 and the 200 day MA is 18.14. The market cap for the company is $620m. Visit the company website at: https://www.dynexcapital.com
The potential market cap would be $696m 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. Dynex Capital was founded in 1987 and is headquartered in Glen Allen, Virginia.
