Great Ajax (AJX) Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Great Ajax in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AJX shares.
View AJX analyst ratings or view top-rated stocks.

3 brokers have issued 12-month price objectives for Great Ajax's shares. Their AJX share price forecasts 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 73.2% 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 shares have decreased by 21.4% and is now trading at $5.70.
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Great Ajax saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 130,400 shares, an increase of 42.4% from the April 30th total of 91,600 shares. Based on an average daily trading volume, of 114,800 shares, the short-interest ratio is currently 1.1 days. Currently, 0.6% of the shares of the company are sold short.
View Great Ajax's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our AJX earnings forecast.

Great Ajax Corp. (NYSE:AJX) issued its quarterly earnings data 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 5.46% and a negative net margin of 72.82%. During the same quarter in the prior year, the company earned $0.42 EPS.

Great Ajax announced a quarterly dividend on Thursday, May 4th. Stockholders of record on Monday, May 15th will be given a dividend of $0.20 per share on Wednesday, May 31st. This represents a $0.80 dividend on an annualized basis and a yield of 14.04%. The ex-dividend date of this dividend is Friday, May 12th.
Read our dividend analysis for AJX.

ETFs with the largest weight of Great Ajax (NYSE:AJX) stock in their portfolio include iShares Mortgage Real Estate ETF (REM).First Trust Dow Jones Select Microcap Index Fund (FDM).

Great Ajax (NYSE:AJX) pays an annual dividend of $0.80 per share and currently has a dividend yield of 14.44%. 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 institutional and retail investors. Top institutional shareholders include Wellington Management Group LLP (16.32%), FMR LLC (8.06%), BlackRock Inc. (5.69%), State Street Corp (1.35%), Hotchkis & Wiley Capital Management LLC (1.27%) and Family Management Corp (1.26%). 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 $5.70.

Great Ajax (NYSE:AJX) has a market capitalization of $133.95 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 ($1.75) 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.