Great Ajax Stock Price, News & Analysis (NYSE:AJX)

3 Wall Street equities research 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 equities research 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 target prices for Great Ajax's shares. Their AJX share price targets range from $9.00 to $10.50. On average, they anticipate the company's share price to reach $9.88 in the next year. This suggests a possible upside of 107.5% 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 2023. Since then, AJX stock has decreased by 34.3% and is now trading at $4.76.
View the best growth stocks for 2023 here.

Great Ajax saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 250,800 shares, an increase of 16.9% from the October 31st total of 214,600 shares. Based on an average daily trading volume, of 219,100 shares, the short-interest ratio is currently 1.1 days.
View Great Ajax's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 7th 2024.
View our AJX earnings forecast.

Great Ajax Corp. (NYSE:AJX) issued its earnings results on Thursday, August, 4th. The real estate investment trust reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by $0.44. Great Ajax had a negative trailing twelve-month return on equity of 2.20% and a negative net margin of 134.34%. During the same quarter last year, the business posted $0.42 earnings per share.

Great Ajax announced a quarterly dividend on Thursday, November 2nd. Stockholders of record on Wednesday, November 15th will be paid a dividend of $0.11 per share on Thursday, November 30th. This represents a $0.44 dividend on an annualized basis and a yield of 9.24%. The ex-dividend date of this dividend is Tuesday, November 14th.
Read our dividend analysis for AJX.

Great Ajax (NYSE:AJX) pays an annual dividend of $0.44 per share and currently has a dividend yield of 9.50%. 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.

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

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 initial public offering 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's stock is owned by a number of institutional and retail investors. Top institutional shareholders include FMR LLC (6.06%), Almitas Capital LLC (2.94%), Pacific Ridge Capital Partners LLC (2.25%), Alberta Investment Management Corp (1.03%), Cowen AND Company LLC (0.74%) and Trium Capital LLP (0.57%). 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.
Compare Top Brokerages Here.