Analysts have clear opinions on DX.
There are 1 analyst offering 12 month price targets for Dynex Capital in the last 3 months. The average price target is $17.50 with a high forecast of $17.50 and a low forecast of $17.50. The average price target represents a -2.72% decrease from the last price of $17.99.
Dynex Capital, Inc. (DX) is followed by 1 analysts on the street.
Bose George from KBW rates it a Buy with a target of $17.50.
Similarly, 3 months ago Matthew Howlett of Nomura Reiterated a Buy with a target of $21.00.
The consensus on the street is Moderate Buy.
What does Dynex Capital, Inc.(DX) do ?
Dynex Capital, Inc. is an internally managed mortgage real estate investment trust, which invests in residential and commercial mortgage-backed securities on a leveraged basis. It primarily invests in Agency and non-Agency mortgage-backed securities (MBS) consisting of residential MBS (RMBS), commercial MBS (CMBS), and CMBS interest-only (IO) securities. The Agency RMBS investments include MBS collateralized by adjustable-rate mortgage loans and hybrid adjustable-rate mortgage loans. The firm generally invests in senior classes of non-Agency RMBS. The CMBS investments are primarily fixed-rate Agency-issued securities backed by multifamily housing loans; as well as both Agency and non-Agency issued securities backed by other commercial real estate property types such as office building, retail, hospitality, and healthcare. The CMBS IO include interest-only securities that are issued as part of a CMBS securitization. The company invests in both Agency-issued and non-Agency issued CMBS IO. Dynex Capital was founded on December 18, 1987 and is headquartered in Glen Allen, VA.
Dynex Capital, Inc. (DX) Insider Trades
Multiple company employees have indulged in significant insider trading. Dynex Capital, Inc. disclosed the following in a document filed with the US Securities and Exchange Commission (SEC):
EVP, CFO, COO, Benedetti Stephen J : P – Purchase(+$58,713) of DX in the trading session of 2019-08-15.
EVP, Co-CIO Popenoe Smriti Laxman : P – Purchase(+$20,566) of DX in the trading session of 2019-08-15.
CEO, Pres, co-CIO Boston Byron L : P – Purchase(+$100,300) of Dynex Capital, Inc. in the trading session of 2019-01-31.
Looking for stocks just like DX?
Based on Wall Street analyst research, several stocks are similar to DX
– RC [Info can be found here: https://www.nasdaq.com/market-activity/stocks/RC ]
– NLY [Info can be found here: https://www.nasdaq.com/market-activity/stocks/NLY ]
– STWD [Info can be found here: https://www.nasdaq.com/market-activity/stocks/STWD ]