NYSE:AJX Great Ajax (AJX) Stock Forecast, Price & News $6.27 -0.23 (-3.54%) (As of 09/26/2023 ET) Add Compare Share Share Today's Range$6.27▼$6.4550-Day Range$6.41▼$7.1352-Week Range$5.15▼$9.24Volume132,323 shsAverage Volume138,449 shsMarket Capitalization$148.16 millionP/E RatioN/ADividend Yield12.76%Price Target$9.88 ProfileProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability Great Ajax MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside57.5% Upside$9.88 Price TargetShort InterestHealthy0.60% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-3.15Upright™ Environmental ScoreNews Sentiment1.25Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details 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 starsFinance Sector491st out of 836 stocksReal Estate Investment Trusts Industry106th out of 178 stocks 3.3 Analyst's Opinion Consensus RatingGreat Ajax has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $9.88, Great Ajax has a forecasted upside of 57.5% from its current price of $6.27.Amount of Analyst CoverageGreat Ajax has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.60% of the float of Great Ajax has been sold short.Short Interest Ratio / Days to CoverGreat Ajax has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Great Ajax has recently increased by 82.87%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipGreat Ajax is a leading dividend payer. It pays a dividend yield of 12.33%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthGreat Ajax does not have a long track record of dividend growth. Previous Next 2.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreGreat Ajax has received a 22.30% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is driven by its "Real estate funds investing in apartment buildings" and "Real estate funds investing in rental apartments" products. See details.Environmental SustainabilityThe Environmental Impact score for Great Ajax is -3.15. Previous Next 3.5 News and Social Media Coverage News SentimentGreat Ajax has a news sentiment score of 1.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Great Ajax this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for AJX on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat Follows4 people have added Great Ajax to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Great Ajax insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.80% of the stock of Great Ajax is held by insiders.Percentage Held by Institutions58.60% of the stock of Great Ajax is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Great Ajax is -3.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Great Ajax is -3.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioGreat Ajax has a P/B Ratio of 0.47. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Great Ajax (NYSE:AJX) StockGreat 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.Read More AJX Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AJX Stock News HeadlinesSeptember 26, 2023 | americanbankingnews.comReviewing Great Ajax (NYSE:AJX) & Industrial Logistics Properties Trust (NASDAQ:ILPT)September 23, 2023 | americanbankingnews.comGreat Ajax (NYSE:AJX) Receives New Coverage from Analysts at StockNews.comSeptember 26, 2023 | Micro-Cap Stock Trader (Ad)U.S. drive to onshore battery supply chains could create big winners in lithiumInvestor Find Lithium Gold and Crush the Bear Market with 32k Metric TonsAugust 10, 2023 | finance.yahoo.comGreat Ajax Corp. (NYSE:AJX) Q2 2023 Earnings Call TranscriptAugust 4, 2023 | finance.yahoo.comGreat Ajax (AJX) Reports Q2 Loss, Misses Revenue EstimatesJuly 28, 2023 | finance.yahoo.comGreat Ajax Corp. Schedules Its Second Quarter 2023 Financial Results Release For Thursday, August 3, 2023July 26, 2023 | finance.yahoo.comStrength Seen in AFC Gamma Inc. (AFCG): Can Its 7.8% Jump Turn into More Strength?July 21, 2023 | msn.comJMP Securities Reiterates Great Ajax (AJX) Market Outperform RecommendationSeptember 26, 2023 | Micro-Cap Stock Trader (Ad)U.S. drive to onshore battery supply chains could create big winners in lithiumInvestor Find Lithium Gold and Crush the Bear Market with 32k Metric TonsJuly 11, 2023 | benzinga.comSHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Great Ajax Corp. (NYSE – AJX)July 11, 2023 | businesswire.comGREAT AJAX INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Great Ajax Corp. - AJXJuly 8, 2023 | msn.comSoccer great Edwin van der Sar in intensive care following bleed around brain, says former club AjaxJuly 7, 2023 | finance.yahoo.comWhy Great Ajax Stock Was Surging This WeekJuly 5, 2023 | msn.comRaymond James Downgrades Great Ajax (AJX)July 3, 2023 | businesswire.comAJX Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Great Ajax Corp. Is Fair to ShareholdersJuly 2, 2023 | thestreet.comGreat Ajax Corp. 7.25% Convertible Senior Notes due 2024June 29, 2023 | finance.yahoo.comToo Cheap to Ignore: 2 Dividend Stocks Under $10 With at Least 11% Dividend Yield — Analysts Say ‘Buy’June 16, 2023 | msn.comGreat Ajax: An Otherwise Unimpressive High-Yielding mREIT Poised For RecoveryMay 7, 2023 | finance.yahoo.comAJX Nov 2023 10.000 callMay 5, 2023 | msn.comGreat Ajax (AJX) Declares $0.20 DividendMay 5, 2023 | forbes.comNew Economic Data Suggests A Recession Is Getting Closer, But Q1 Earnings Season Starts Strong - Forbes AI Newsletter April 29thMay 5, 2023 | seekingalpha.comGreat Ajax cuts dividend by 20% to $0.20May 4, 2023 | finance.yahoo.comGreat Ajax Corp. Announces Results for the Quarter Ended March 31, 2023May 4, 2023 | finance.yahoo.comGreat Ajax (AJX) Reports Q1 Loss, Misses Revenue EstimatesApril 27, 2023 | finance.yahoo.comGreat Ajax Corp. Schedules Its First Quarter 2023 Financial Results Release For Thursday, May 4, 2023April 22, 2023 | msn.comJMP Securities Maintains Great Ajax (AJX) Outperform RecommendationApril 2, 2023 | finance.yahoo.comGreat Ajax Corp. (NYSE:AJX) is a favorite amongst institutional investors who own 65%See More Headlines Receive AJX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Great Ajax and its competitors with MarketBeat's FREE daily newsletter. Email Address AJX Company Calendar Last Earnings8/04/2022Ex-Dividend for 8/31 Dividend8/14/2023Dividend Payable8/31/2023Today9/26/2023Next Earnings (Estimated)11/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:AJX CUSIPN/A CIK1614806 Webwww.great-ajax.com Phone(503) 505-5670FaxN/AEmployeesN/AYear FoundedN/APrice 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 RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($1.87) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-15,010,000.00 Net Margins-134.34% Pretax Margin-316.63% Return on Equity1.72% Return on Assets0.35% Debt Debt-to-Equity Ratio1.92 Current Ratio1.91 Quick Ratio1.91 Sales & Book Value Annual Sales$35.64 million Price / Sales4.21 Cash Flow$1.47 per share Price / Cash Flow4.33 Book Value$13.23 per share Price / Book0.48Miscellaneous Outstanding Shares23,630,000Free Float22,730,000Market Cap$150.05 million OptionableNot Optionable Beta1.80 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for October 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. 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: $613kLauren DeMasiSec.Key CompetitorsBraemar Hotels & ResortsNYSE:BHRArlington Asset InvestmentNYSE:AAICCity Office REITNYSE:CIOFranklin Street PropertiesNYSE:FSPAG Mortgage Investment TrustNYSE:MITTView All CompetitorsInsiders & InstitutionsBarclays PLCSold 11,234 shares on 9/21/2023Ownership: 0.034%Osaic Holdings Inc.Sold 4,374 shares on 8/21/2023Ownership: 0.418%Goldman Sachs Group Inc.Bought 21,004 shares on 8/15/2023Ownership: 0.089%Royal Bank of CanadaSold 17,000 shares on 8/15/2023Ownership: 0.082%Citadel Advisors LLCBought 4,100 shares on 8/15/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions 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? 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). 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Great Ajax Corp. Please log in to your account or sign up in order to add this asset to your watchlist. 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