Should I buy or sell Great Ajax stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Great Ajax in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" AJX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AJX, but not buy additional shares or sell existing shares. View AJX analyst ratings or view top-rated stocks .

What is Great Ajax's stock price target for 2024?

3 brokerages have issued 12 month price objectives for Great Ajax's shares. Their AJX share price targets range from $6.00 to $10.00. On average, they predict the company's share price to reach $8.33 in the next year. This suggests a possible upside of 145.1% from the stock's current price. View analysts price targets for AJX or view top-rated stocks among Wall Street analysts .

How have AJX shares performed in 2024?

Great Ajax's stock was trading at $5.30 at the start of the year. Since then, AJX shares have decreased by 35.8% and is now trading at $3.40. View the best growth stocks for 2024 here .

Are investors shorting Great Ajax?

Great Ajax saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 229,000 shares, an increase of 10.6% from the March 15th total of 207,000 shares. Based on an average daily volume of 180,600 shares, the short-interest ratio is presently 1.3 days. View Great Ajax's Short Interest .

When is Great Ajax's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our AJX earnings forecast .

How were Great Ajax's earnings last quarter?

Great Ajax Corp. (NYSE:AJX) posted its earnings results on Monday, February, 26th. The real estate investment trust reported ($0.07) EPS for the quarter, missing analysts' consensus estimates of $0.21 by $0.28. The real estate investment trust earned $17.66 million during the quarter, compared to the consensus estimate of $5.65 million.

How often does Great Ajax pay dividends? What is the dividend yield for Great Ajax?

Great Ajax announced a quarterly dividend on Monday, February 26th. Investors of record on Friday, March 15th will be paid a dividend of $0.10 per share on Friday, March 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 11.76%. The ex-dividend date of this dividend is Thursday, March 14th. Read our dividend analysis for AJX .

Is Great Ajax a good dividend stock?

Great Ajax (NYSE:AJX) pays an annual dividend of $0.40 per share and currently has a dividend yield of 10.99%. AJX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for AJX .

What ETF holds Great Ajax's stock?

Kingsbarn Dividend Opportunity ETF holds 6,725 shares of AJX stock, representing 4.68% of its portfolio.

What other stocks do shareholders of Great Ajax own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Great Ajax investors own include Energy Transfer (ET) , AT&T (T) , AGNC Investment (AGNC) , Annaly Capital Management (NLY) , Verizon Communications (VZ) , Arbor Realty Trust (ABR) , CBL & Associates Properties (CBL) , Alibaba Group (BABA) , Chimera Investment (CIM) and Medical Properties Trust (MPW) .

When did Great Ajax IPO?

Great Ajax (AJX) raised $93 million in an initial public offering (IPO) on Friday, February 13th 2015. The company issued 5,800,000 shares at a price of $15.00-$17.00 per share. FBR, Sterne Agee and Nomura served as the underwriters for the IPO and Ladenburg Thalmann and MLV were co-managers.

How do I buy shares of Great Ajax?

Shares of AJX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:AJX

Great Ajax (AJX) Stock Price, News & Analysis

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Free AJX Stock Alerts

$3.40

-0.07 (-2.02%)

(As of 04:10 PM ET)

Compare

Today's Range: $3.35
▼
$3.46
50-Day Range: $3.36
▼
$5.01
52-Week Range: $3.30
▼
$7.20

Volume: 113,449 shs
Average Volume: 168,968 shs
Market Capitalization: $93.36 million

P/E Ratio: N/A
Dividend Yield: 11.76%
Price Target: $8.33

Get Great Ajax alerts:

Great Ajax MarketRank™ Stock Analysis

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 145.1% Upside
$8.33 Price Target
Short Interest: Healthy
0.83% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -2.48
Upright™ Environmental Score
News Sentiment: 1.40
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 2,150.00%
From $0.02 to $0.45 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.65 out of 5 stars

Finance Sector

176th out of 835 stocks

Real Estate Investment Trusts Industry

26th out of 179 stocks

3.2

Analyst's Opinion

Consensus Rating
Great Ajax has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Great Ajax has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.83% of the outstanding shares of Great Ajax have been sold short.
Short Interest Ratio / Days to Cover
Great Ajax has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Great Ajax has recently increased by 10.63%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Leadership
Great Ajax is a leading dividend payer. It pays a dividend yield of 10.99%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Great Ajax does not have a long track record of dividend growth.
Dividend Sustainability
Based on EPS estimates, Great Ajax will have a dividend payout ratio of 88.89% in the coming year. This indicates that Great Ajax may not be able to sustain their current dividend.

3.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Great Ajax has received a 30.12% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is driven by its "Real estate funds investing in apartment buildings" and "Real estate funds investing in rental apartments" products. See details.
Environmental Sustainability
The Environmental Impact score for Great Ajax is -2.48.

4.1

News and Social Media Coverage

News Sentiment
Great Ajax has a news sentiment score of 1.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Great Ajax this week, compared to 1 article on an average week.
Search Interest
13 people have searched for AJX on MarketBeat in the last 30 days. This is an increase of 550% compared to the previous 30 days.
MarketBeat Follows
3 people have added Great Ajax to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Great Ajax insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 3.80% of the stock of Great Ajax is held by insiders.
Percentage Held by Institutions
58.60% of the stock of Great Ajax is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Great Ajax are expected to grow by 2,150.00% in the coming year, from $0.02 to $0.45 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Great Ajax is -1.73, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Great Ajax is -1.73, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Great Ajax has a P/B Ratio of 0.34. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Great Ajax Stock (NYSE:AJX)

Great Ajax Corp. operates as a mortgage real estate investment trust. It acquires re-performing and non-performing loans; acquires or originates small balance commercial mortgage loans that are secured by multi-family residential and commercial mixed use retail/residential properties; and invests in single-family and smaller commercial properties. The company elected to be taxed as a real estate investment trust for U.S. federal income tax purposes. Great Ajax Corp. was incorporated in 2014 and is based in Tigard, Oregon.

AJX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

AJX Stock News Headlines

April 17, 2024 | americanbankingnews.com

Great Ajax Corp. (NYSE:AJX) Sees Large Growth in Short Interest

April 10, 2024 | businesswire.com

Great Ajax Corp. Announces Record Date for Stockholders Meeting to Approve Strategic Transaction With Rithm Capital Corp.

April 18, 2024 | DTI (Ad)

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March 29, 2024 | seekingalpha.com

AJX Great Ajax Corp.

March 28, 2024 | msn.com

Key Atlanta United ace wanted by Ajax, as ‘payment strategy’ drawn up amid financial concerns

March 23, 2024 | investing.com

Great Ajax Corp (AJX)

March 18, 2024 | benzinga.com

Top 3 Financial Stocks That May Explode This Quarter - AtlasClear Holdings (AMEX:ATCH), Great Ajax (NYSE:AJX)

March 16, 2024 | finance.yahoo.com

AJX Apr 2024 5.000 call

April 18, 2024 | DTI (Ad)

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February 28, 2024 | finance.yahoo.com

Great Ajax Corp Reports Fourth Quarter Loss and Decline in Book Value

February 26, 2024 | businesswire.com

Great Ajax Corp. Announces Results for the Quarter Ended December 31, 2023

February 26, 2024 | businesswire.com

Rithm Capital Corp. and Great Ajax Corp. Announce a Strategic Transaction

February 17, 2024 | wsj.com

Great Ajax Corp.

February 17, 2024 | finance.yahoo.com

AJX Mar 2024 2.500 call

January 18, 2024 | msn.com

Jordan Henderson abandoning Al-Ettifaq for Ajax is a disaster for the Saudi Pro League: GOAL grades 2024's biggest January transfers

November 3, 2023 | finance.yahoo.com

Q3 2023 Great Ajax Corp Earnings Call

November 3, 2023 | msn.com

Great Ajax cut quarterly dividend by -45% to $0.11/share

November 2, 2023 | finance.yahoo.com

Great Ajax Corp. Announces Results for the Quarter Ended September 30, 2023; Provides Strategic Update

November 2, 2023 | finance.yahoo.com

Great Ajax Corp (AJX) Reports Q3 2023 Earnings, Net Loss of $6.1 Million

October 23, 2023 | benzinga.com

Why Great Ajax Corp. Stock Plummeted Today

October 20, 2023 | msn.com

Ellington Financial and Great Ajax announce mutual termination of merger agreement

October 20, 2023 | marketwatch.com

Ellington Financial and Great Ajax Agree to Terminate Acquisition Agreement

October 20, 2023 | marketwatch.com

Great Ajax Shares Tumble 16% After Acquisition by Ellington Financial Is Terminated

October 20, 2023 | markets.businessinsider.com

Ellington Financial, Great Ajax Announce Mutual Termination Of Merger Agreement

October 20, 2023 | finance.yahoo.com

Ellington Financial and Great Ajax Corp. Announce Mutual Termination of Merger Agreement

September 27, 2023 | msn.com

Ajax’s 10 biggest sales of all time

August 10, 2023 | finance.yahoo.com

Great Ajax Corp. (NYSE:AJX) Q2 2023 Earnings Call Transcript

See More Headlines

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Company Calendar

Last Earnings: 2/26/2024
Ex-Dividend for 3/29 Dividend: 3/14/2024
Dividend Payable: 3/29/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/02/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: Real estate investment trusts
Sub-Industry: N/A
Current Symbol: NYSE:AJX
CUSIP: N/A
CIK: 1614806
Web: www.great-ajax.com
Phone: (503) 505-5670
Fax: N/A
Employees: N/A
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $8.33
High Stock Price Target: $10.00
Low Stock Price Target: $6.00
Potential Upside/Downside: +140.2%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.97)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 173.50
P/E Growth: N/A
Net Income: $-47,070,000.00
Net Margins: N/A
Pretax Margin: -173.88%
Return on Equity: -2.69%
Return on Assets: -0.55%

Debt

Debt-to-Equity Ratio: 1.86
Current Ratio: 1.99
Quick Ratio: 1.99

Sales & Book Value

Annual Sales: $72.33 million
Price / Sales: 1.32
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $10.06 per share
Price / Book: 0.34

Miscellaneous

Outstanding Shares: 27,460,000
Free Float: 26,417,000
Market Cap: $95.29 million
Optionable: Not Optionable
Beta: 1.87

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Key Executives

Mr. Lawrence A. Mendelsohn (Age 63)
Chairman & CEO
Mr. Russell A. Schaub (Age 60)
President & Director
Ms. Mary B. Doyle CPA (Age 60)
Chief Financial Officer
Comp: $613k
Lauren DeMasi
Secretary

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

AJX Stock Analysis - Frequently Asked Questions

Should I buy or sell Great Ajax stock right now?: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Great Ajax in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" AJX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AJX, but not buy additional shares or sell existing shares.
View AJX analyst ratings or view top-rated stocks.
What is Great Ajax's stock price target for 2024?: 3 brokerages have issued 12 month price objectives for Great Ajax's shares. Their AJX share price targets range from $6.00 to $10.00. On average, they predict the company's share price to reach $8.33 in the next year. This suggests a possible upside of 145.1% from the stock's current price.
View analysts price targets for AJX or view top-rated stocks among Wall Street analysts.
How have AJX shares performed in 2024?: Great Ajax's stock was trading at $5.30 at the start of the year. Since then, AJX shares have decreased by 35.8% and is now trading at $3.40.
View the best growth stocks for 2024 here.
Are investors shorting Great Ajax?: Great Ajax saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 229,000 shares, an increase of 10.6% from the March 15th total of 207,000 shares. Based on an average daily volume of 180,600 shares, the short-interest ratio is presently 1.3 days.
View Great Ajax's Short Interest.
When is Great Ajax's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our AJX earnings forecast.
How were Great Ajax's earnings last quarter?: Great Ajax Corp. (NYSE:AJX) posted its earnings results on Monday, February, 26th. The real estate investment trust reported ($0.07) EPS for the quarter, missing analysts' consensus estimates of $0.21 by $0.28. The real estate investment trust earned $17.66 million during the quarter, compared to the consensus estimate of $5.65 million.

How often does Great Ajax pay dividends? What is the dividend yield for Great Ajax?: Great Ajax announced a quarterly dividend on Monday, February 26th. Investors of record on Friday, March 15th will be paid a dividend of $0.10 per share on Friday, March 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 11.76%. The ex-dividend date of this dividend is Thursday, March 14th.
Read our dividend analysis for AJX.
Is Great Ajax a good dividend stock?: Great Ajax (NYSE:AJX) pays an annual dividend of $0.40 per share and currently has a dividend yield of 10.99%. AJX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for AJX.
What ETF holds Great Ajax's stock?: Kingsbarn Dividend Opportunity ETF holds 6,725 shares of AJX stock, representing 4.68% of its portfolio.
What other stocks do shareholders of Great Ajax own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Great Ajax investors own include Energy Transfer (ET), AT&T (T), AGNC Investment (AGNC), Annaly Capital Management (NLY), Verizon Communications (VZ), Arbor Realty Trust (ABR), CBL & Associates Properties (CBL), Alibaba Group (BABA), Chimera Investment (CIM) and Medical Properties Trust (MPW).
When did Great Ajax IPO?: Great Ajax (AJX) raised $93 million in an initial public offering (IPO) on Friday, February 13th 2015. The company issued 5,800,000 shares at a price of $15.00-$17.00 per share. FBR, Sterne Agee and Nomura served as the underwriters for the IPO and Ladenburg Thalmann and MLV were co-managers.
How do I buy shares of Great Ajax?: Shares of AJX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:AJX) was last updated on 4/18/2024 by MarketBeat.com Staff

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