Great Ajax Corp. Company Profile (NYSE:AJX)

About Great Ajax Corp.

Great Ajax Corp. logoGreat Ajax Corp. is an externally managed real estate company. The Company is focused on acquiring, investing in and managing a portfolio of re-performing and non-performing mortgage loans secured by single-family residences and single-family properties. Its segment is focused on non-performing mortgages and re-performing mortgages. It also invests in loans secured by multi-family residential and commercial mixed use retail/residential properties, as well as in the properties directly. It also holds real estate-owned properties (REO) acquired upon the foreclosure or other settlement of its owned non-performing loans, as well as through outright purchases. It is managed by Thetis Asset Management LLC, an affiliated entity. Its mortgage loans and other real estate assets are serviced by Gregory Funding LLC, an affiliated entity. The Company conducts its business through its operating partnership, Great Ajax Operating Partnership L.P.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Diversified
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: AJX
  • CUSIP:
Key Metrics:
  • Previous Close: $13.22
  • 50 Day Moving Average: $13.26
  • 200 Day Moving Average: $13.54
  • 52-Week Range: $18,119,000.00 - $9.06
  • Trailing P/E Ratio: 7.15
  • Foreward P/E Ratio: 5.72
  • P/E Growth: 0.00
  • Market Cap: $240.44M
  • Outstanding Shares: 18,119,000
  • Beta: 0.92
Profitability:
  • Net Margins: 66.54%
  • Return on Equity: 11.53%
  • Return on Assets: 4.27%
Debt:
  • Debt-to-Equity Ratio: 1.48%
  • Current Ratio: 6.49%
  • Quick Ratio: 6.49%
Additional Links:
Companies Related to Great Ajax Corp.:

Analyst Ratings

Consensus Ratings for Great Ajax Corp. (NYSE:AJX) (?)
Ratings Breakdown: 1 Hold Rating, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.80)
Consensus Price Target: $15.90 (19.82% upside)

Analysts' Ratings History for Great Ajax Corp. (NYSE:AJX)
Show:
DateFirmActionRatingPrice TargetDetails
11/22/2016Raymond James Financial, Inc.Initiated CoverageOutperform$16.00View Rating Details
11/9/2016NomuraDowngradeBuy -> Neutral$16.00 -> $14.50View Rating Details
11/3/2016FBR & CoReiterated RatingBuyView Rating Details
10/20/2016JMP SecuritiesInitiated CoverageMkt Outperform$16.00View Rating Details
6/20/2016Piper Jaffray CompaniesInitiated CoverageOverweight$15.00View Rating Details
5/16/2016Sterne Agee CRTReiterated RatingBuyView Rating Details
(Data available from 2/19/2015 forward)

Earnings

Earnings History for Great Ajax Corp. (NYSE:AJX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/27/2017        
3/1/2016Q415$0.53$6.02 million$11.70 millionViewN/AView Earnings Details
11/2/2015Q315$0.54$0.50$6.02 millionViewN/AView Earnings Details
8/3/2015Q215$0.41$0.36$6.02 millionViewN/AView Earnings Details
5/4/2015Q115$0.35$0.28ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Great Ajax Corp. (NYSE:AJX)
Current Year EPS Consensus Estimate: $1.89 EPS
Next Year EPS Consensus Estimate: $2.32 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.65$0.65$0.65
Q2 20161$0.51$0.51$0.51
Q3 20161$0.50$0.50$0.50
Q4 20161$0.61$0.61$0.61
Q1 20171$0.64$0.64$0.64
Q2 20171$0.66$0.66$0.66
Q3 20171$0.67$0.67$0.67
Q4 20171$0.69$0.69$0.69
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Great Ajax Corp. (NYSE:AJX)
Annual Dividend:$1.00
Dividend Yield:7.54%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:53.48% (Based on Trailing 12 Months of Earnings)
52.91% (Based on Current Year Consensus EPS Estimate)
43.10% (Based on Next Year Consensus EPS Estimate)

Dividend History for Great Ajax Corp. (NYSE:AJX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/2/2016quarterly$0.257.42%11/14/201611/16/201611/30/2016
8/3/2016quarterly$0.257.22%8/12/20168/16/20168/31/2016
4/26/2016quarterly$0.257.18%5/11/20165/13/20165/20/2016
3/2/2016quarterly$0.249.32%3/9/20163/11/20163/24/2016
11/3/2015quarterly$0.247.3%11/10/201511/13/201511/27/2015
8/5/2015quarterly$0.226.38%8/12/20158/14/20158/28/2015
5/5/2015special$0.185/13/20155/15/20155/29/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Great Ajax Corp. (NYSE:AJX)
Insider Ownership Percentage: 3.80%
Institutional Ownership Percentage: 76.40%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/5/2016Lawrence MendelsohnInsiderBuy8,000$12.64$101,120.00View SEC Filing  
6/13/2016Mary B DoyleCFOBuy4,271$13.10$55,950.10View SEC Filing  
6/10/2016Lawrence MendelsohnCEOBuy18,000$13.25$238,500.00View SEC Filing  
6/10/2016Russell SchaubPresidentBuy7,547$13.25$99,997.75View SEC Filing  
5/4/2016Mary B DoyleCFOBuy3,148$13.91$43,788.68View SEC Filing  
3/2/2016Jonathan Bradford Handley JrDirectorBuy10,000$10.22$102,200.00View SEC Filing  
12/9/2015Lawrence MendelsohnCEOBuy3,610$12.01$43,356.10View SEC Filing  
8/31/2015Russell SchaubPresidentBuy3,000$12.85$38,550.00View SEC Filing  
8/20/2015Lawrence MendelsohnCEOBuy1,000$13.30$13,300.00View SEC Filing  
5/13/2015Daniel Jay HoffmanDirectorBuy1,000$12.94$12,940.00View SEC Filing  
5/13/2015Lawrence MendelsohnCEOBuy2,000$12.97$25,940.00View SEC Filing  
5/12/2015Glenn J OhlCFOBuy1,000$13.69$13,690.00View SEC Filing  
5/12/2015Lawrence MendelsohnCEOBuy2,000$13.46$26,920.00View SEC Filing  
5/7/2015Daniel Jay HoffmanDirectorBuy1,000$13.77$13,770.00View SEC Filing  
5/6/2015Lawrence MendelsohnCEOBuy2,000$14.00$28,000.00View SEC Filing  
2/19/2015Lawrence MendelsohnCEOBuy80,000$14.25$1,140,000.00View SEC Filing  
2/19/2015Russell SchaubPresidentBuy72,000$14.25$1,026,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Great Ajax Corp. (NYSE:AJX)
DateHeadline
News IconBuilding a Beautiful Online Store: 15 Design Experts Share Their Tips and Advice (NYSE:AJX)
www.shopify.com - December 8 at 8:37 PM
News IconTurning IT Departments into Superheroes | @CloudExpo #ITaaS #Cloud #Virtualization (NYSE:AJX)
ajax.sys-con.com - December 8 at 8:37 PM
thestreet.com logo3 Financial Stocks for a Private Equity-Like Portfolio (NYSE:AJX)
realmoney.thestreet.com - December 1 at 3:30 PM
seekingalpha.com logoGreat Ajax Q3 - Operational Cash Flow Still Negative (NYSE:AJX)
seekingalpha.com - November 14 at 12:09 PM
finance.yahoo.com logoEdited Transcript of AJX earnings conference call or presentation 1-Nov-16 9:00pm GMT (NYSE:AJX)
finance.yahoo.com - November 2 at 12:34 PM
businesswire.com logoGreat Ajax Corp. Announces Results for the Quarter Ended September 30, 2016 (NYSE:AJX)
www.businesswire.com - November 1 at 8:55 PM
biz.yahoo.com logoQ3 2016 Great Ajax Corp Earnings Release - After Market Close (NYSE:AJX)
biz.yahoo.com - November 1 at 9:17 AM
benzinga.com logoGreat Ajax Corp. Schedules Its Third Quarter 2016... (NYSE:AJX)
www.benzinga.com - October 29 at 3:24 PM
finance.yahoo.com logoGreat Ajax Corp. Schedules Its Third Quarter 2016 Financial Results Release For Tuesday, November 1, 2016 (NYSE:AJX)
finance.yahoo.com - October 28 at 1:01 PM
biz.yahoo.com logoGREAT AJAX CORP. Files SEC form 8-K, Entry into a Material Definitive Agreement (NYSE:AJX)
biz.yahoo.com - October 4 at 8:11 AM
seekingalpha.com logoGreat Ajax: Negative Trends Continue, Waiting For Short Opportunity (NYSE:AJX)
seekingalpha.com - August 17 at 11:38 AM
finance.yahoo.com logoEdited Transcript of AJX earnings conference call or presentation 1-Mar-16 10:00pm GMT (NYSE:AJX)
finance.yahoo.com - August 10 at 3:45 PM
finance.yahoo.com logoEdited Transcript of AJX earnings conference call or presentation 3-May-16 9:00pm GMT (NYSE:AJX)
finance.yahoo.com - August 10 at 3:45 PM
finance.yahoo.com logoEdited Transcript of AJX earnings conference call or presentation 2-Aug-16 9:00pm GMT (NYSE:AJX)
finance.yahoo.com - August 10 at 3:45 PM
sg.finance.yahoo.com logoGreat Ajax posts 2Q profit (NYSE:AJX)
sg.finance.yahoo.com - August 2 at 9:01 PM
4-traders.com logoGREAT AJAX CORP. : Schedules Its Second Quarter Financial Results Release For .. (NYSE:AJX)
www.4-traders.com - July 31 at 3:23 PM
finance.yahoo.com logoGreat Ajax Corp. Schedules Its Second Quarter Financial Results Release For Tuesday, August 2, 2016 (NYSE:AJX)
finance.yahoo.com - July 29 at 4:01 PM
capitalcube.com logoAlexium International Group Ltd. :AJX-AU: Earnings Analysis: For the six months ended December 31, 2015 : July 25, 2016 (NYSE:AJX)
www.capitalcube.com - July 25 at 3:04 AM
seekingalpha.com logoGreat Ajax: Short In The Making (NYSE:AJX)
seekingalpha.com - July 22 at 11:36 AM
biz.yahoo.com logoGREAT AJAX CORP. Files SEC form 8-K, Change in Directors or Principal Officers (NYSE:AJX)
biz.yahoo.com - June 30 at 4:32 PM
seekingalpha.com logoThe Insider Report (NYSE:AJX)
seekingalpha.com - June 20 at 9:55 AM
finance.yahoo.com logoCoverage initiated on Great Ajax by Piper Jaffray (NYSE:AJX)
finance.yahoo.com - June 20 at 6:42 AM
biz.yahoo.com logoGREAT AJAX CORP. Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Exhibits (NYSE:AJX)
biz.yahoo.com - June 15 at 4:17 PM
streetinsider.com logoGreat Ajax Corp (AJX) Prices 2.27M Stock Offering for Proceeds of ~$30M (NYSE:AJX)
www.streetinsider.com - June 12 at 3:23 PM
proactiveinvestors.co.uk logoUS stocks tumble in line with oil prices but gold comes into its own (NYSE:AJX)
www.proactiveinvestors.co.uk - June 10 at 3:24 PM
proactiveinvestors.co.uk logoStocks tumble in line with oil prices but gold comes into its own (NYSE:AJX)
www.proactiveinvestors.co.uk - June 10 at 11:49 AM
publicnow.com logoGreat Ajax Corp. Announces Pricing of Public Offering of Common Stock (NYSE:AJX)
www.publicnow.com - June 10 at 9:29 AM
finance.yahoo.com logo4:47 pm Great Ajax commences underwritten public offering of common stock; size undisclsoed (NYSE:AJX)
finance.yahoo.com - June 9 at 4:47 PM
finance.yahoo.com logoGreat Ajax Corp. Announces Public Offering of Common Stock (NYSE:AJX)
finance.yahoo.com - June 9 at 4:46 PM
biz.yahoo.com logoGREAT AJAX CORP. Files SEC form 8-K, Submission of Matters to a Vote of Security Holders (NYSE:AJX)
biz.yahoo.com - June 7 at 4:36 PM
benzinga.com logoThis Stock Has A 7.24% Yield And Sells For Less Than Book (NYSE:AJX)
www.benzinga.com - June 2 at 3:28 PM
capitalcube.com logoAgJunction, Inc. :AJX-CA: Earnings Analysis: Q1, 2016 By the Numbers : June 1, 2016 (NYSE:AJX)
www.capitalcube.com - June 1 at 12:52 PM
finance.yahoo.com logoGREAT AJAX CORP. Financials (NYSE:AJX)
finance.yahoo.com - May 24 at 1:04 PM
finance.yahoo.com logoGreat Ajax (AJX) is in Overbought Territory: What's Next? (NYSE:AJX)
finance.yahoo.com - May 12 at 9:49 AM
sg.finance.yahoo.com logoGreat Ajax posts 1Q profit (NYSE:AJX)
sg.finance.yahoo.com - May 3 at 4:35 PM
publicnow.com logoGreat Ajax Corp. Announces Results for the Quarter Ended March 31, 2016 (NYSE:AJX)
www.publicnow.com - May 3 at 4:20 PM
publicnow.com logoGreat Ajax Corp. Schedules Its First Quarter Financial Results Release For Tuesday, May 3, 2016 (NYSE:AJX)
www.publicnow.com - May 3 at 4:20 PM
biz.yahoo.com logoQ1 2016 Great Ajax Corp Earnings Release - After Market Close (NYSE:AJX)
biz.yahoo.com - May 3 at 7:07 AM
finance.yahoo.com logoWill Great Ajax (AJX) Continue to Surge Higher? (NYSE:AJX)
finance.yahoo.com - April 15 at 8:45 AM
biz.yahoo.com logoGREAT AJAX CORP. Files SEC form 10-K, Annual Report (NYSE:AJX)
biz.yahoo.com - March 29 at 4:07 PM
News Icon13G Filing: American Financial Group Inc and Great Ajax Corp. (AJX) (NYSE:AJX)
feedproxy.google.com - March 2 at 4:44 PM
sg.finance.yahoo.com logoGreat Ajax posts 4Q profit (NYSE:AJX)
sg.finance.yahoo.com - March 1 at 4:19 PM
finance.yahoo.com logoGreat Ajax Corp (AJX) (NYSE:AJX)
finance.yahoo.com - January 16 at 2:28 PM
sg.finance.yahoo.com logoGreat Ajax posts 3Q profit (NYSE:AJX)
sg.finance.yahoo.com - November 2 at 4:35 PM
biz.yahoo.com logoGREAT AJAX CORP. Files SEC form 8-K, Entry into a Material Definitive Agreement, Results of Operations and Financial (NYSE:AJX)
biz.yahoo.com - November 2 at 4:19 PM
finance.yahoo.com logoGreat Ajax Corp. Announces Results for the Quarter Ended September 30, 2015 (NYSE:AJX)
finance.yahoo.com - November 2 at 4:01 PM
noodls.com logoGreat Ajax Corp. Schedules Its Third Quarter Financial Results Release for Monday, November 2, 2015 (NYSE:AJX)
www.noodls.com - October 27 at 5:27 PM
finance.yahoo.com logoEdited Transcript of AJX earnings conference call or presentation 3-Aug-15 9:00pm GMT (NYSE:AJX)
finance.yahoo.com - September 2 at 9:52 AM
noodls.com logoGreat Ajax Corp. Announces Results for the Quarter Ended June 30, 2015 (NYSE:AJX)
www.noodls.com - August 14 at 10:01 AM
biz.yahoo.com logoGREAT AJAX CORP. Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Disclosure, Other E (NYSE:AJX)
biz.yahoo.com - August 3 at 4:37 PM

Social

What is Great Ajax Corp.'s stock symbol?

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

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

Great Ajax Corp. declared a quarterly dividend on Wednesday, November 2nd. Investors of record on Wednesday, November 16th will be paid a dividend of $0.25 per share on Wednesday, November 30th. This represents a $1.00 dividend on an annualized basis and a yield of 7.54%. The ex-dividend date is Monday, November 14th.

Where is Great Ajax Corp.'s stock going? Where will Great Ajax Corp.'s stock price be in 2017?

5 equities research analysts have issued 12-month price targets for Great Ajax Corp.'s stock. Their forecasts range from $14.50 to $18.00. On average, they anticipate Great Ajax Corp.'s stock price to reach $15.90 in the next twelve months.

When will Great Ajax Corp. announce their earnings?

Great Ajax Corp. is scheduled to release their next quarterly earnings announcement on Monday, February, 27th 2017.

Who owns Great Ajax Corp. stock?

Great Ajax Corp.'s stock is owned by a number of of retail and institutional investors. Top institutional investors include FMR LLC (8.60%), Bard Associates Inc. (1.04%), State Street Corp (1.00%), Martingale Asset Management L P (0.77%), Renaissance Technologies LLC (0.68%) and Ativo Capital Management LLC (0.48%). Company insiders that own Great Ajax Corp. stock include Daniel Jay Hoffman, Glenn J Ohl, Jonathan Bradford Handley Jr, Lawrence Mendelsohn, Mary B Doyle and Russell Schaub.

Who sold Great Ajax Corp. stock? Who is selling Great Ajax Corp. stock?

Great Ajax Corp.'s stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, Bard Associates Inc. and Ativo Capital Management LLC.

Who bought Great Ajax Corp. stock? Who is buying Great Ajax Corp. stock?

Great Ajax Corp.'s stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Martingale Asset Management L P, State Street Corp, Bessemer Group Inc., FMR LLC, Russell Investments Group Ltd., Ladenburg Thalmann Financial Services Inc. and Menta Capital LLC. Company insiders that have bought Great Ajax Corp. stock in the last two years include Daniel Jay Hoffman, Glenn J Ohl, Jonathan Bradford Handley Jr, Lawrence Mendelsohn, Mary B Doyle and Russell Schaub.

How do I buy Great Ajax Corp. stock?

Shares of Great Ajax Corp. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Great Ajax Corp. stock cost?

One share of Great Ajax Corp. stock can currently be purchased for approximately $13.27.

Great Ajax Corp. (NYSE:AJX) Chart for Sunday, February, 19, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Great Ajax Corp. (NYSE:AJX)

Earnings History Chart

Earnings by Quarter for Great Ajax Corp. (NYSE:AJX)

Dividend History Chart

Dividend Payments by Quarter for Great Ajax Corp. (NYSE:AJX)

Last Updated on 2/19/2017 by MarketBeat.com Staff