Dynex Capital found using ticker (DX) now have 5 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 20 and 17.25 calculating the mean target price we have 18.35. Given that the stocks previous close was at 15.51 this is indicating there is a potential upside of 18.3%. There is a 50 day moving average of 16.38 while the 200 day moving average is 17.64. The market cap for the company is $564m. Visit the company website at: https://www.dynexcapital.com
The potential market cap would be $667m 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.
