Dynex Capital found using ticker (DX) now have 5 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 19 and 16.5 and has a mean target at 17.75. With the stocks previous close at 14.04 this would indicate that there is a potential upside of 26.4%. There is a 50 day moving average of 15.9 while the 200 day moving average is 16.6. The market capitalisation for the company is $596m. Find out more information at: https://www.dynexcapital.com
The potential market cap would be $753m 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.
