Dynex Capital found using ticker (DX) now have 5 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 18 and 17 calculating the average target price we see 17.35. With the stocks previous close at 15.38 this would imply there is a potential upside of 12.8%. The 50 day MA is 16.2 and the 200 moving average now moves to 16.2. The company has a market capitalisation of $680m. You can visit the company’s website by visiting: https://www.dynexcapital.com
The potential market cap would be $767m 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.
