Dynex Capital, Inc. which can be found using ticker (DX) have now 5 confirmed 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 16 and 15 calculating the average target price we see $15.45. Now with the previous closing price of $12.12 this would indicate that there is a potential upside of 27.5%. The day 50 moving average is $13.19 while the 200 day moving average is $13.88. The market cap for the company is $652m. You can visit the company’s website by visiting: https://www.dynexcapital.com
The potential market cap would be $832m based on the market consensus.
Dynex Capital, Inc., 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 as dividends. Dynex Capital, Inc. was incorporated in 1987 and is headquartered in Glen Allen, Virginia.
The company is not paying dividends at this time.
