Dynex Capital found using ticker (DX) have now 5 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 20 and 17.25 with the average target price sitting at 18.35. Now with the previous closing price of 16.14 this now indicates there is a potential upside of 13.7%. The day 50 moving average is 16.5 and the 200 day moving average is 17.72. The market capitalisation for the company is $590m. Find out more information at: https://www.dynexcapital.com
The potential market cap would be $671m 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.
