Analyst Price Target is $13.35
▲ +7.49% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Dynex Capital in the last 3 months. The average price target is $13.35, with a high forecast of $14.50 and a low forecast of $12.25. The average price target represents a 7.49% upside from the last price of $12.42.
Current Consensus is
Moderate Buy
The current consensus among 6 investment analysts is to moderate buy stock in Dynex Capital. This rating has held steady since November 2023, when it changed from a Buy consensus rating.
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.
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