NYSE:AJX Great Ajax (AJX) Stock Forecast, Price & News $5.70 +0.16 (+2.89%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$5.60▼$5.7850-Day Range$5.27▼$6.8552-Week Range$5.15▼$11.33Volume513,602 shsAverage Volume153,329 shsMarket Capitalization$133.95 millionP/E RatioN/ADividend Yield14.04%Price Target$9.88 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability Great Ajax MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside73.2% Upside$9.88 Price TargetShort InterestHealthy0.61% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-3.33Upright™ Environmental ScoreNews Sentiment-0.45Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth160.00%From $0.30 to $0.78 Per ShareSee 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.2.67 out of 5 starsFinance Sector281st out of 873 stocksReal Estate Investment Trusts Industry43rd out of 191 stocks 3.5 Analyst's Opinion Consensus RatingGreat Ajax has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $9.88, Great Ajax has a forecasted upside of 73.2% from its current price of $5.70.Amount of Analyst CoverageGreat Ajax has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.61% 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 1.1, 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 42.36%, 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 14.44%, 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.Dividend SustainabilityBased on EPS estimates, Great Ajax will have a dividend payout ratio of 102.56% in the coming year. This indicates that Great Ajax may not be able to sustain their current dividend. Previous Next 2.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreGreat Ajax has received a 24.36% 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 -3.33. Previous Next 2.0 News and Social Media Coverage News SentimentGreat Ajax has a news sentiment score of -0.45. 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 lower news sentiment than the 0.63 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Great Ajax this week, compared to 1 article on an average week.Search Interest13 people have searched for AJX on MarketBeat in the last 30 days. This is an increase of 44% compared to the previous 30 days.MarketBeat Follows4 people have added Great Ajax to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 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 Institutions74.63% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Great Ajax are expected to grow by 160.00% in the coming year, from $0.30 to $0.78 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Great Ajax is -3.26, 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 -3.26, 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 0.45. 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 is an externally managed real estate investment trust (REIT) that acquires, invests, and manages a portfolio of mortgage loans secured by single-family residences and single-family properties.Read More 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 Stock News HeadlinesJune 4, 2023 | americanbankingnews.comGreat Ajax (NYSE:AJX) Price Target Cut to $10.00 by Analysts at B. RileyJune 2, 2023 | americanbankingnews.comQ3 2024 Earnings Forecast for Great Ajax Corp. (NYSE:AJX) Issued By B. RileyJune 4, 2023 | Altimetry (Ad)Biden's latest bailout--terrible for America?And a consultant for the Dept. of Defense (Joel Litman) says this is all leading to an event in the next 20 months that could help some get vastly wealthier… but also make it harder than ever to hang onto any money you make.This might be the most important development affecting you and your money over the next few years—May 20, 2023 | americanbankingnews.comGreat Ajax (NYSE:AJX) Coverage Initiated at StockNews.comMay 11, 2023 | americanbankingnews.comGreat Ajax (NYSE:AJX) Price Target Lowered to $10.00 at Piper SandlerMay 8, 2023 | americanbankingnews.comGreat Ajax (NYSE:AJX) Rating Increased to Hold at StockNews.comMay 7, 2023 | finance.yahoo.comAJX Nov 2023 10.000 callMay 5, 2023 | msn.comGreat Ajax (AJX) Declares $0.20 DividendJune 4, 2023 | Legacy Research (Affiliate) (Ad)“One-Stock Millionaire” IGNORES 99.9% of the MarketDuring the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.May 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 EstimatesMay 1, 2023 | americanbankingnews.comGreat Ajax Corp. (NYSE:AJX) Receives $11.88 Average Price Target from AnalystsApril 27, 2023 | finance.yahoo.comGreat Ajax Corp. Schedules Its First Quarter 2023 Financial Results Release For Thursday, May 4, 2023April 27, 2023 | americanbankingnews.comStockNews.com Lowers Great Ajax (NYSE:AJX) to SellApril 22, 2023 | msn.comJMP Securities Maintains Great Ajax (AJX) Outperform RecommendationApril 21, 2023 | americanbankingnews.comGreat Ajax (NYSE:AJX) Price Target Cut to $9.00April 8, 2023 | americanbankingnews.comGreat Ajax Corp. (NYSE:AJX) Receives $12.38 Consensus Price Target from AnalystsApril 2, 2023 | finance.yahoo.comGreat Ajax Corp. (NYSE:AJX) is a favorite amongst institutional investors who own 65%March 16, 2023 | markets.businessinsider.comPiper Sandler Reaffirms Their Buy Rating on Great Ajax (AJX)March 12, 2023 | benzinga.comGreat Ajax Recent Insider ActivityMarch 12, 2023 | benzinga.comDirector of Great Ajax Makes $53K BuyMarch 11, 2023 | finance.yahoo.comQ4 2022 Great Ajax Corp Earnings CallMarch 11, 2023 | finance.yahoo.comThe Best-Performing Mortgage REITs In 2023March 4, 2023 | seekingalpha.comGreat Ajax decreases quarterly dividend by -7.4% to $0.25/shareMarch 2, 2023 | finance.yahoo.comGreat Ajax Corp. Announces Results for the Quarter and Year Ended December 31, 2022See More Headlines AJX Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AJX Company Calendar Last Earnings8/04/2022Ex-Dividend for 3/31 Dividend3/16/2023Dividend Payable3/31/2023Ex-Dividend for 5/31 Dividend5/12/2023Dividend Payable5/31/2023Today6/03/2023Next Earnings (Estimated)8/03/2023Fiscal 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+73.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($1.75) Trailing P/E RatioN/A Forward P/E Ratio19.00 P/E GrowthN/ANet Income$-15,010,000.00 Net Margins-72.82% Pretax Margin-63.85% Return on Equity5.46% Return on Assets1.14% Debt Debt-to-Equity Ratio1.87 Current Ratio1.93 Quick Ratio1.93 Sales & Book Value Annual Sales$35.64 million Price / Sales3.76 Cash Flow$1.54 per share Price / Cash Flow3.70 Book Value$12.68 per share Price / Book0.45Miscellaneous Outstanding Shares23,500,000Free Float22,612,000Market Cap$133.95 million OptionableNot Optionable Beta1.79 Key ExecutivesLawrence A. MendelsohnChairman & Chief Executive OfficerRussell A. SchaubPresident & Non-independent DirectorMary B. DoyleChief Financial OfficerIrving PotterSecretaryKey CompetitorsCherry Hill Mortgage InvestmentNYSE:CHMIIndustrial Logistics Properties TrustNASDAQ:ILPTAshford Hospitality TrustNYSE:AHTCreative Media & Community Trust Co.NASDAQ:CMCTArlington Asset InvestmentNYSE:AAICView All CompetitorsInsiders & InstitutionsAmeriprise Financial Inc.Bought 25,700 shares on 5/22/2023Ownership: 0.234%State Street CorpBought 4,900 shares on 5/16/2023Ownership: 1.352%Family Management CorpSold 2,582 shares on 5/16/2023Ownership: 1.259%Susquehanna International Group LLPBought 33,763 shares on 5/16/2023Ownership: 0.363%First Trust Advisors LPBought 4,645 shares on 5/16/2023Ownership: 0.259%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 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. What is Great Ajax's stock price forecast for 2023? 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. 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 shares have decreased by 21.4% and is now trading at $5.70. View the best growth stocks for 2023 here. Are investors shorting Great Ajax? 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. When is Great Ajax's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our AJX earnings forecast. How were Great Ajax's earnings last quarter? 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. How often does Great Ajax pay dividends? What is the dividend yield for Great Ajax? 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. What ETFs hold Great Ajax's stock? 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). 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 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. 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 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. 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 $5.70. How much money does Great Ajax make? 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. 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 6/4/2023 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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