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AMZN   125.98 (-4.03%)
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NVDA   419.11 (-0.74%)
NIO   8.40 (+0.60%)
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AMD   95.96 (-1.46%)
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AMZN   125.98 (-4.03%)
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NVDA   419.11 (-0.74%)
NIO   8.40 (+0.60%)
BABA   85.88 (-1.54%)
AMD   95.96 (-1.46%)
T   15.02 (-0.27%)
F   12.44 (-1.11%)
MU   67.94 (-0.93%)
CGC   0.92 (-2.12%)
GE   109.94 (-1.59%)
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NYSE:AJX

Great Ajax (AJX) Stock Forecast, Price & News

$6.27
-0.23 (-3.54%)
(As of 09/26/2023 ET)
Compare
Today's Range
$6.27
$6.45
50-Day Range
$6.41
$7.13
52-Week Range
$5.15
$9.24
Volume
132,323 shs
Average Volume
138,449 shs
Market Capitalization
$148.16 million
P/E Ratio
N/A
Dividend Yield
12.76%
Price Target
$9.88

Great Ajax MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
57.5% Upside
$9.88 Price Target
Short Interest
Healthy
0.60% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-3.15
Upright™ Environmental Score
News Sentiment
1.25mentions of Great Ajax in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

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

2.30 out of 5 stars

Finance Sector

491st out of 836 stocks

Real Estate Investment Trusts Industry

106th out of 178 stocks


AJX stock logo

About Great Ajax (NYSE:AJX) Stock

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. It generally would not be subject to federal corporate income taxes, if it distributes at least 90% of its taxable income to its stockholders. Great Ajax Corp. was incorporated in 2014 and is based in Tigard, Oregon.

AJX Price History

AJX Stock News Headlines

U.S. drive to onshore battery supply chains could create big winners in lithium
Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons
U.S. drive to onshore battery supply chains could create big winners in lithium
Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons
Why Great Ajax Stock Was Surging This Week
AJX Nov 2023 10.000 call
Great Ajax cuts dividend by 20% to $0.20
See More Headlines
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AJX Company Calendar

Last Earnings
8/04/2022
Ex-Dividend for 8/31 Dividend
8/14/2023
Dividend Payable
8/31/2023
Today
9/26/2023
Next Earnings (Estimated)
11/02/2023
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
+55.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$-15,010,000.00
Net Margins
-134.34%
Pretax Margin
-316.63%

Debt

Sales & Book Value

Annual Sales
$35.64 million
Cash Flow
$1.47 per share
Book Value
$13.23 per share

Miscellaneous

Free Float
22,730,000
Market Cap
$150.05 million
Optionable
Not Optionable
Beta
1.80
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Key Executives

  • Mr. Lawrence A. Mendelsohn (Age 62)
    Chairman & CEO
  • Mr. Russell A. Schaub (Age 59)
    Pres & Director
  • Ms. Mary B. Doyle CPA (Age 59)
    Chief Financial Officer
    Comp: $613k
  • Lauren DeMasi
    Sec.













AJX Stock - 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 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" AJX shares.
View AJX analyst ratings
or view top-rated stocks.

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

3 Wall Street analysts have issued 1-year price targets for Great Ajax's shares. Their AJX share price forecasts range from $9.00 to $10.50. On average, they anticipate the company's stock price to reach $9.88 in the next twelve months. This suggests a possible upside of 55.5% 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 stock has decreased by 12.4% and is now trading at $6.35.
View the best growth stocks for 2023 here
.

Are investors shorting Great Ajax?

Great Ajax saw a increase in short interest in August. As of August 31st, there was short interest totaling 132,400 shares, an increase of 82.9% from the August 15th total of 72,400 shares. Based on an average daily volume of 190,800 shares, the short-interest ratio is currently 0.7 days. Approximately 0.6% of the company's shares are short sold.
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, November 2nd 2023.
View our AJX earnings forecast
.

How were Great Ajax's earnings last quarter?

Great Ajax Corp. (NYSE:AJX) announced its earnings results 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 1.72% and a negative net margin of 134.34%. During the same quarter in the previous year, the company earned $0.42 EPS.

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

Great Ajax declared a quarterly dividend on Thursday, August 3rd. Stockholders of record on Tuesday, August 15th will be paid a dividend of $0.20 per share on Thursday, August 31st. This represents a $0.80 annualized dividend and a dividend yield of 12.60%. The ex-dividend date of this dividend is Monday, August 14th.
Read our dividend analysis for AJX
.

What ETF holds Great Ajax's stock ?

iShares Mortgage Real Estate ETF holds 322,178 shares of AJX stock, representing 0.34% of its portfolio.

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 12.33%. 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 retail and institutional investors. Top institutional investors include BlackRock Inc. (5.83%), Almitas Capital LLC (3.05%), Hotchkis & Wiley Capital Management LLC (1.79%), Beach Point Capital Management LP (1.69%), Wolverine Asset Management LLC (0.98%) and Wiley BROS. Aintree Capital LLC (0.90%). 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 $6.35.

How much money does Great Ajax make?

Great Ajax (NYSE:AJX) has a market capitalization of $150.05 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 ($1.87) 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 9/26/2023 by MarketBeat.com Staff

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