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NYSE:AJX

Great Ajax Stock Forecast, Price & News

$9.32
+0.12 (+1.30 %)
(As of 09/28/2020 12:48 AM ET)
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Today's Range
$9.13
Now: $9.32
$9.42
50-Day Range
$8.86
MA: $9.44
$9.93
52-Week Range
$3.96
Now: $9.32
$15.96
Volume39,700 shs
Average Volume166,160 shs
Market Capitalization$213.66 million
P/E Ratio9.71
Dividend Yield7.30%
Beta1.58
Great Ajax Corp. acquires, invests in, and manages a portfolio of residential mortgage and small balance commercial mortgage loans. It also holds real estate-owned properties acquired upon the foreclosure or other settlement of its non-performing loans, as well as through outright purchases. 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 founded in 2014 and is based in Beaverton, Oregon.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.4Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 3.8 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.80 out of 5 stars


Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone503-505-5670

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$64.92 million
Cash Flow$1.12 per share
Book Value$18.88 per share

Profitability

Net Income$34.71 million

Miscellaneous

EmployeesN/A
Market Cap$213.66 million
Next Earnings Date11/3/2020 (Estimated)
OptionableNot Optionable
$9.32
+0.12 (+1.30 %)
(As of 09/28/2020 12:48 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Great Ajax (NYSE:AJX) Frequently Asked Questions

How has Great Ajax's stock been impacted by Coronavirus (COVID-19)?

Great Ajax's stock was trading at $12.73 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, AJX shares have decreased by 26.8% and is now trading at $9.32.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Great Ajax?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Great Ajax in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Great Ajax
.

When is Great Ajax's next earnings date?

Great Ajax is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020.
View our earnings forecast for Great Ajax
.

How were Great Ajax's earnings last quarter?

Great Ajax Corp (NYSE:AJX) issued its quarterly earnings data on Tuesday, August, 4th. The real estate investment trust reported $0.27 EPS for the quarter, topping the consensus estimate of $0.24 by $0.03. Great Ajax had a return on equity of 6.36% and a net margin of 39.56%.
View Great Ajax's earnings history
.

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

Great Ajax declared a quarterly dividend on Tuesday, August 4th. Shareholders of record on Friday, August 14th will be paid a dividend of $0.17 per share on Monday, August 31st. This represents a $0.68 dividend on an annualized basis and a dividend yield of 7.30%. The ex-dividend date of this dividend is Thursday, August 13th.
View Great Ajax's dividend history
.

What price target have analysts set for AJX?

2 brokers have issued 1-year target prices for Great Ajax's shares. Their forecasts range from $11.50 to $12.00. On average, they anticipate Great Ajax's share price to reach $11.75 in the next twelve months. This suggests a possible upside of 26.1% from the stock's current price.
View analysts' price targets for Great Ajax
.

Are investors shorting Great Ajax?

Great Ajax saw a increase in short interest in August. As of August 31st, there was short interest totaling 428,600 shares, an increase of 19.1% from the August 15th total of 359,800 shares. Based on an average daily trading volume, of 121,600 shares, the short-interest ratio is currently 3.5 days.
View Great Ajax's Short Interest
.

Who are some of Great Ajax's key competitors?

What other stocks do shareholders of Great Ajax own?

Who are Great Ajax's key executives?

Great Ajax's management team includes the following people:
  • Mr. Lawrence A. Mendelsohn, Chairman & CEO (Age 58)
  • Mr. Russell A. Schaub, Pres & Director (Age 55)
  • Ms. Mary B. Doyle CPA, Chief Financial Officer (Age 55)
  • Irving Potter, Sec.

When did Great Ajax IPO?

(AJX) raised $93 million in an initial public offering 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.

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 number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.37%), FMR LLC (8.33%), Pacific Ridge Capital Partners LLC (2.65%), WINTON GROUP Ltd (1.40%), Goldman Sachs Group Inc. (0.76%) and KG&L Capital Management LLC (0.66%).
View institutional ownership trends for Great Ajax
.

Which major investors are selling Great Ajax stock?

AJX stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Nuveen Asset Management LLC, FMR LLC, Monarch Partners Asset Management LLC, UBS Group AG, and Bank of America Corp DE.
View insider buying and selling activity for Great Ajax
.

Which major investors are buying Great Ajax stock?

AJX stock was purchased by a variety of institutional investors in the last quarter, including WINTON GROUP Ltd, Pacific Ridge Capital Partners LLC, Emerald Mutual Fund Advisers Trust, KG&L Capital Management LLC, Goldman Sachs Group Inc., Prudential Financial Inc., Advisor Group Holdings Inc., and Sei Investments Co..
View insider buying and selling activity for Great Ajax
.

How do I buy shares of Great Ajax?

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

What is Great Ajax's stock price today?

One share of AJX stock can currently be purchased for approximately $9.32.

How big of a company is Great Ajax?

Great Ajax has a market capitalization of $213.66 million and generates $64.92 million in revenue each year. The real estate investment trust earns $34.71 million in net income (profit) each year or $1.51 on an earnings per share basis.

What is Great Ajax's official website?

The official website for Great Ajax is www.great-ajax.com.

How can I contact Great Ajax?

Great Ajax's mailing address is 9400 SW BEAVERTON-HILLSDALE HIGHWAY SUITE 131, BEAVERTON OR, 97005. The real estate investment trust can be reached via phone at 503-505-5670.

This page was last updated on 9/28/2020 by MarketBeat.com Staff

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