Great Ajax Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Great Ajax in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Great Ajax stock.
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Wall Street analysts have given Great Ajax a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Great Ajax wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Great Ajax saw a increase in short interest in May. As of May 14th, there was short interest totaling 365,300 shares, an increase of 22.5% from the April 29th total of 298,100 shares. Based on an average trading volume of 111,200 shares, the short-interest ratio is currently 3.3 days.
View Great Ajax's Short Interest.

Great Ajax is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021.
View our earnings forecast for Great Ajax.

Great Ajax Corp. (NYSE:AJX) issued its quarterly earnings data on Thursday, May, 6th. The real estate investment trust reported $0.30 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.28 by $0.02. Great Ajax had a trailing twelve-month return on equity of 9.63% and a net margin of 60.35%.
View Great Ajax's earnings history.

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 increased by 0.7% and is now trading at $12.82.
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Great Ajax declared a quarterly dividend on Thursday, May 6th. Investors of record on Thursday, May 20th will be given a dividend of $0.19 per share on Monday, May 31st. This represents a $0.76 annualized dividend and a yield of 5.93%. The ex-dividend date is Wednesday, May 19th. This is a boost from Great Ajax's previous quarterly dividend of $0.17.
View Great Ajax's dividend history.

Great Ajax pays an annual dividend of $0.76 per share and currently has a dividend yield of 5.96%. AJX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Great Ajax does not yet have a strong track record of dividend growth. The dividend payout ratio of Great Ajax is 81.72%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Great Ajax will have a dividend payout ratio of 56.72% next year. This indicates that Great Ajax will be able to sustain or increase its dividend.
View Great Ajax's dividend history.

4 equities research analysts have issued 12 month target prices for Great Ajax's stock. Their forecasts range from $15.00 to $16.00. On average, they anticipate Great Ajax's share price to reach $15.67 in the next twelve months. This suggests a possible upside of 22.2% from the stock's current price.
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Some companies that are related to Great Ajax include Community Healthcare Trust (CHCT), Ready Capital (RC), Apartment Investment and Management (AIV), TPG RE Finance Trust (TRTX), Saul Centers (BFS), RPT Realty (RPT), Investors Real Estate Trust (CSR), Summit Hotel Properties (INN), UMH Properties (UMH), Invesco Mortgage Capital (IVR), Diversified Healthcare Trust (DHC), NETSTREIT (NTST), Global Medical REIT (GMRE), The GEO Group (GEO) and American Finance Trust (AFIN).
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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 (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.

Great Ajax trades on the New York Stock Exchange (NYSE) under the ticker symbol "AJX."

Great Ajax's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (8.97%), Pacific Ridge Capital Partners LLC (3.59%), Geode Capital Management LLC (1.36%), Family Management Corp (1.32%), Northern Trust Corp (0.89%) and Goldman Sachs Group Inc. (0.82%).
View institutional ownership trends for Great Ajax.

AJX stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Northern Trust Corp, Squarepoint Ops LLC, Prudential Financial Inc., Alliancebernstein L.P., State Board of Administration of Florida Retirement System, BlackRock Inc., and Bank of Montreal Can.
View insider buying and selling activity for Great Ajax or view top insider-selling stocks.

AJX stock was purchased by a variety of institutional investors in the last quarter, including Pacific Ridge Capital Partners LLC, Price T Rowe Associates Inc. MD, Renaissance Technologies LLC, Centiva Capital LP, JPMorgan Chase & Co., Ark Global Emerging Companies LP, Adams Street Partners LLC, and Grosvenor Holdings L.L.C..
View insider buying and selling activity for Great Ajax or or view top insider-buying stocks.

Shares of AJX 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 $12.82.

Great Ajax has a market capitalization of $294.72 million and generates $51.38 million in revenue each year. The real estate investment trust earns $28.50 million in net income (profit) each year or $0.93 on an earnings per share basis.

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

Great Ajax is headquartered at 9400 SW BEAVERTON-HILLSDALE HIGHWAY SUITE 131, BEAVERTON OR, 97005.

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.