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NYSE:AJXGreat Ajax Stock Price, Forecast & News

$8.20
0.00 (0.00 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$7.95
Now: $8.20
$8.34
50-Day Range
$7.04
MA: $7.80
$8.88
52-Week Range
$3.96
Now: $8.20
$15.96
Volume103,173 shs
Average Volume168,154 shs
Market Capitalization$187.94 million
P/E Ratio6.56
Dividend Yield8.29%
Beta1.63
Great Ajax Corp. acquires, invests in, and manages a portfolio of residential mortgage and small balance commercial mortgage loans. It also holds real estate-owned properties acquired upon the foreclosure or other settlement of its non-performing loans, as well as through outright purchases. 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 founded in 2014 and is based in Beaverton, Oregon.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.5Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 3.8 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.82 out of 5 stars


Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone503-505-5670

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$64.92 million
Cash Flow$1.14 per share
Book Value$15.59 per share

Profitability

Net Income$34.71 million

Miscellaneous

EmployeesN/A
Market Cap$187.94 million
Next Earnings Date8/4/2020 (Estimated)
OptionableNot Optionable

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Great Ajax (NYSE:AJX) Frequently Asked Questions

How has Great Ajax's stock been impacted by COVID-19 (Coronavirus)?

Great Ajax's stock was trading at $12.73 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, AJX shares have decreased by 35.6% and is now trading at $8.20. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Great Ajax?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Great Ajax in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Great Ajax.

When is Great Ajax's next earnings date?

Great Ajax is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Great Ajax.

How were Great Ajax's earnings last quarter?

Great Ajax Corp (NYSE:AJX) released its earnings results on Tuesday, May, 5th. The real estate investment trust reported $0.02 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.28 by $0.26. The real estate investment trust earned $14.22 million during the quarter, compared to analyst estimates of $11.85 million. Great Ajax had a net margin of 43.43% and a return on equity of 5.75%. View Great Ajax's earnings history.

How often does Great Ajax pay dividends? What is the dividend yield for Great Ajax?

Great Ajax announced a quarterly dividend on Sunday, May 3rd. Investors of record on Friday, May 15th will be given a dividend of $0.17 per share on Friday, May 29th. This represents a $0.68 dividend on an annualized basis and a yield of 8.29%. The ex-dividend date is Thursday, May 14th. View Great Ajax's dividend history.

What price target have analysts set for AJX?

3 equities research analysts have issued 1-year price objectives for Great Ajax's stock. Their forecasts range from $10.50 to $15.00. On average, they anticipate Great Ajax's stock price to reach $12.50 in the next twelve months. This suggests a possible upside of 52.4% from the stock's current price. View analysts' price targets for Great Ajax.

Has Great Ajax been receiving favorable news coverage?

Media coverage about AJX stock has been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Great Ajax earned a daily sentiment score of -1.4 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an impact on the stock's share price in the near future. View the latest news aboutGreat Ajax.

Are investors shorting Great Ajax?

Great Ajax saw a increase in short interest in April. As of April 30th, there was short interest totaling 435,600 shares, an increase of 16.1% from the April 15th total of 375,100 shares. Based on an average daily trading volume, of 234,100 shares, the days-to-cover ratio is presently 1.9 days. Approximately 2.3% of the shares of the company are sold short. View Great Ajax's Current Options Chain.

Who are some of Great Ajax's key competitors?

What other stocks do shareholders of Great Ajax own?

Who are Great Ajax's key executives?

Great Ajax's management team includes the following people:
  • Mr. Lawrence A. Mendelsohn, Chairman & CEO (Age 58)
  • Mr. Russell A. Schaub, Pres & Director (Age 55)
  • Ms. Mary B. Doyle CPA, Chief Financial Officer (Age 55)
  • Irving Potter, Sec.

When did Great Ajax IPO?

(AJX) raised $93 million in an initial public offering (IPO) on Friday, February 13th 2015. The company issued 5,800,000 shares at a price of $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 shareholders include Wellington Management Group LLP (13.30%), BlackRock Inc. (7.81%), State of Michigan Retirement System (4.21%), State Street Corp (2.84%), Almitas Capital LLC (2.73%) and Family Management Corp (1.27%). View institutional ownership trends for Great Ajax.

Which institutional investors are selling Great Ajax stock?

AJX stock was sold by a variety of institutional investors in the last quarter, including State of Michigan Retirement System, Nuveen Asset Management LLC, Navellier & Associates Inc, WINTON GROUP Ltd, Arkadios Wealth Advisors, Wolverine Asset Management LLC, UBS Group AG, and JPMorgan Chase & Co.. View insider buying and selling activity for Great Ajax.

Which institutional investors are buying Great Ajax stock?

AJX stock was acquired by a variety of institutional investors in the last quarter, including State Street Corp, Almitas Capital LLC, Wellington Management Group LLP, Family Management Corp, Russell Investments Group Ltd., Advisor Group Holdings Inc., Parametric Portfolio Associates LLC, and Acadian Asset Management LLC. View insider buying and selling activity for Great Ajax.

How do I buy shares of Great Ajax?

Shares of AJX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Great Ajax's stock price today?

One share of AJX stock can currently be purchased for approximately $8.20.

How big of a company is Great Ajax?

Great Ajax has a market capitalization of $187.94 million and generates $64.92 million in revenue each year. The real estate investment trust earns $34.71 million in net income (profit) each year or $1.51 on an earnings per share basis.

What is Great Ajax's official website?

The official website for Great Ajax is www.great-ajax.com.

How can I contact Great Ajax?

Great Ajax's mailing address is 9400 SW BEAVERTON-HILLSDALE HIGHWAY SUITE 131, BEAVERTON OR, 97005. The real estate investment trust can be reached via phone at 503-505-5670.

This page was last updated on 5/30/2020 by MarketBeat.com Staff

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