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Chuck Todd leaving NBC political panel show 'Meet the Press' and being replaced by Kristen Welker
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
66,000% upside on tiny biotech? (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
With oil prices slumping, OPEC+ producers weigh more production cuts
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
15 A.I. Trading Opportunities a Day (Ad)
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
Chuck Todd leaving NBC political panel show 'Meet the Press' and being replaced by Kristen Welker
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
66,000% upside on tiny biotech? (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
With oil prices slumping, OPEC+ producers weigh more production cuts
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
15 A.I. Trading Opportunities a Day (Ad)
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
Chuck Todd leaving NBC political panel show 'Meet the Press' and being replaced by Kristen Welker
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
66,000% upside on tiny biotech? (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
With oil prices slumping, OPEC+ producers weigh more production cuts
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
15 A.I. Trading Opportunities a Day (Ad)
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
Chuck Todd leaving NBC political panel show 'Meet the Press' and being replaced by Kristen Welker
NYSE:AJX

Great Ajax (AJX) Stock Forecast, Price & News

$5.70
+0.16 (+2.89%)
(As of 06/2/2023 ET)
Compare
Today's Range
$5.60
$5.78
50-Day Range
$5.27
$6.85
52-Week Range
$5.15
$11.33
Volume
513,602 shs
Average Volume
153,329 shs
Market Capitalization
$133.95 million
P/E Ratio
N/A
Dividend Yield
14.04%
Price Target
$9.88

Great Ajax MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
73.2% Upside
$9.88 Price Target
Short Interest
Healthy
0.61% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-3.33
Upright™ Environmental Score
News Sentiment
-0.45mentions of Great Ajax in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
160.00%
From $0.30 to $0.78 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.67 out of 5 stars

Finance Sector

281st out of 873 stocks

Real Estate Investment Trusts Industry

43rd out of 191 stocks


AJX stock logo

About Great Ajax (NYSE:AJX) Stock

Great Ajax is an externally managed real estate investment trust (REIT) that acquires, invests, and manages a portfolio of mortgage loans secured by single-family residences and single-family properties.

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AJX Stock News Headlines

Biden's latest bailout--terrible for America?
And a consultant for the Dept. of Defense (Joel Litman) says this is all leading to an event in the next 20 months that could help some get vastly wealthier… but also make it harder than ever to hang onto any money you make.This might be the most important development affecting you and your money over the next few years—
Great Ajax (NYSE:AJX) Coverage Initiated at StockNews.com
AJX Nov 2023 10.000 call
“One-Stock Millionaire” IGNORES 99.9% of the Market
During the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.
Great Ajax cuts dividend by 20% to $0.20
StockNews.com Lowers Great Ajax (NYSE:AJX) to Sell
Great Ajax (NYSE:AJX) Price Target Cut to $9.00
Piper Sandler Reaffirms Their Buy Rating on Great Ajax (AJX)
Great Ajax Recent Insider Activity
Director of Great Ajax Makes $53K Buy
Q4 2022 Great Ajax Corp Earnings Call
The Best-Performing Mortgage REITs In 2023
See More Headlines

AJX Price History

AJX Company Calendar

Last Earnings
8/04/2022
Ex-Dividend for 3/31 Dividend
3/16/2023
Dividend Payable
3/31/2023
Ex-Dividend for 5/31 Dividend
5/12/2023
Dividend Payable
5/31/2023
Today
6/03/2023
Next Earnings (Estimated)
8/03/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$9.88
High Stock Price Forecast
$10.50
Low Stock Price Forecast
$9.00
Forecasted Upside/Downside
+73.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-15,010,000.00
Pretax Margin
-63.85%

Debt

Sales & Book Value

Annual Sales
$35.64 million
Cash Flow
$1.54 per share
Book Value
$12.68 per share

Miscellaneous

Free Float
22,612,000
Market Cap
$133.95 million
Optionable
Not Optionable
Beta
1.79

Key Executives

  • Lawrence A. Mendelsohn
    Chairman & Chief Executive Officer
  • Russell A. Schaub
    President & Non-independent Director
  • Mary B. Doyle
    Chief Financial Officer
  • Irving Potter
    Secretary













AJX Stock - Frequently Asked Questions

Should I buy or sell Great Ajax stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Great Ajax in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AJX shares.
View AJX analyst ratings
or view top-rated stocks.

What is Great Ajax's stock price forecast for 2023?

3 brokers have issued 12-month price objectives for Great Ajax's shares. Their AJX share price forecasts range from $9.00 to $10.50. On average, they anticipate the company's share price to reach $9.88 in the next year. This suggests a possible upside of 73.2% 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 2023?

Great Ajax's stock was trading at $7.25 at the beginning of the year. Since then, AJX shares have decreased by 21.4% and is now trading at $5.70.
View the best growth stocks for 2023 here
.

Are investors shorting Great Ajax?

Great Ajax saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 130,400 shares, an increase of 42.4% from the April 30th total of 91,600 shares. Based on an average daily trading volume, of 114,800 shares, the short-interest ratio is currently 1.1 days. Currently, 0.6% of the shares of the company are sold short.
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, August 3rd 2023.
View our AJX earnings forecast
.

How were Great Ajax's earnings last quarter?

Great Ajax Corp. (NYSE:AJX) issued its quarterly earnings data on Thursday, August, 4th. The real estate investment trust reported ($0.14) earnings per share for the quarter, missing analysts' consensus estimates of $0.30 by $0.44. Great Ajax had a positive trailing twelve-month return on equity of 5.46% and a negative net margin of 72.82%. During the same quarter in the prior year, the company earned $0.42 EPS.

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

Great Ajax announced a quarterly dividend on Thursday, May 4th. Stockholders of record on Monday, May 15th will be given a dividend of $0.20 per share on Wednesday, May 31st. This represents a $0.80 dividend on an annualized basis and a yield of 14.04%. The ex-dividend date of this dividend is Friday, May 12th.
Read our dividend analysis for AJX
.

What ETFs hold Great Ajax's stock?

ETFs with the largest weight of Great Ajax (NYSE:AJX) stock in their portfolio include iShares Mortgage Real Estate ETF (REM).First Trust Dow Jones Select Microcap Index Fund (FDM).

Is Great Ajax a good dividend stock?

Great Ajax (NYSE:AJX) pays an annual dividend of $0.80 per share and currently has a dividend yield of 14.44%. 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 other stocks do shareholders of Great Ajax own?
When did Great Ajax IPO?

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

What is Great Ajax's stock symbol?

Great Ajax trades on the New York Stock Exchange (NYSE) under the ticker symbol "AJX."

Who are Great Ajax's major shareholders?

Great Ajax's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Wellington Management Group LLP (16.32%), FMR LLC (8.06%), BlackRock Inc. (5.69%), State Street Corp (1.35%), Hotchkis & Wiley Capital Management LLC (1.27%) and Family Management Corp (1.26%). Insiders that own company stock include Magnetar Financial Llc and Mary B Doyle.
View institutional ownership trends
.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Great Ajax's stock price today?

One share of AJX stock can currently be purchased for approximately $5.70.

How much money does Great Ajax make?

Great Ajax (NYSE:AJX) has a market capitalization of $133.95 million and generates $35.64 million in revenue each year. The real estate investment trust earns $-15,010,000.00 in net income (profit) each year or ($1.75) on an earnings per share basis.

How can I contact Great Ajax?

Great Ajax's mailing address is 9400 SW BEAVERTON-HILLSDALE HIGHWAY SUITE 131, BEAVERTON OR, 97005. The official website for the company is www.great-ajax.com. The real estate investment trust can be reached via phone at (503) 505-5670.

This page (NYSE:AJX) was last updated on 6/4/2023 by MarketBeat.com Staff

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