Dynex Capital, Inc. with ticker code (DX) now have 5 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 16 and 15 calculating the average target price we see 15.45. Now with the previous closing price of 13.79 this indicates there is a potential upside of 12.0%. The day 50 moving average is 13.79 while the 200 day moving average is 14.43. The market cap for the company is $742m. Find out more information at: https://www.dynexcapital.com
The potential market cap would be $832m based on the market concensus.
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. The company was incorporated in 1987 and is headquartered in Glen Allen, Virginia.
