Great Ajax (AJX) Stock Forecast, Price & News

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.

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.

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.
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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.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our AJX earnings forecast.

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.

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.

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

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.

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).

(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.

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

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.

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.
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One share of AJX stock can currently be purchased for approximately $6.35.

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.

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.