Dynex Capital, Inc. with ticker code (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 16 and 15 with a mean TP of 15.45. With the stocks previous close at 13.08 this would imply there is a potential upside of 18.1%. The day 50 moving average is 13.83 and the 200 moving average now moves to 14.28. The market capitalisation for the company is $707m. Company Website: https://www.dynexcapital.com
The potential market cap would be $835m 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 as dividends. Dynex Capital, Inc. was incorporated in 1987 and is headquartered in Glen Allen, Virginia.
