NYSE:AJXGreat Ajax Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. Log In and Add $7.51 +0.46 (+6.52 %) (As of 04/10/2020 03:24 PM ET) Add Compare Share Today's Range$7.25Now: $7.51▼$8.4150-Day Range$4.11MA: $10.12▼$15.2652-Week Range$3.96Now: $7.51▼$15.96Volume381,022 shsAverage Volume374,462 shsMarket Capitalization$166.27 millionP/E Ratio4.72Dividend Yield18.16%Beta1.41 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 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 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $15.50, Great Ajax has a potential upside of 106.4% from its current price of $7.51.Amount of Analyst CoverageGreat Ajax has only been the subject of 1 research reports in the past 90 days. Previous Next 2.5 Community Rank Outperform VotesGreat Ajax has received 219 “outperform” votes. (Add your “outperform” vote.)Underperform VotesGreat Ajax has received 227 “underperform” votes. (Add your “underperform” vote.)Community SentimentGreat Ajax has received 50.90% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Great Ajax and other stocks. Vote “Outperform” if you believe AJX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe AJX will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend LeadershipGreat Ajax is a leading dividend payer. It pays a dividend yield of 18.16%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthGreat Ajax has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Great Ajax is 84.77 %. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Great Ajax will have a dividend payout ratio of 78.53 % in the coming year. This indicates that Great Ajax may not be able to sustain their current dividend. Previous Next 1.0 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 6.30% of the stock of Great Ajax is held by insiders.Percentage Held by Institutions68.59% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Great Ajax are expected to decrease by 0.00% in the coming year, from $1.63 to $1.63 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Great Ajax is 4.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 12.42.Price to Earnings Ratio vs. SectorThe P/E ratio of Great Ajax is 4.72, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 13.51.Price to Book Value per Share RatioGreat Ajax has a P/B Ratio of 0.40. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.5Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.11 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:AJX Previous Symbol CUSIPN/A CIK1614806 Webhttp://www.great-ajax.com/ Phone503-505-5670Debt Debt-to-Equity Ratio2.01 Current Ratio2.94 Quick Ratio2.94Price-To-Earnings Trailing P/E Ratio4.72 Forward P/E Ratio4.61 P/E GrowthN/A Sales & Book Value Annual Sales$64.92 million Price / Sales2.56 Cash Flow$1.22 per share Price / Cash Flow6.18 Book Value$18.88 per share Price / Book0.40Profitability EPS (Most Recent Fiscal Year)$1.51 Net Income$34.71 million Net Margins53.46% Return on Equity7.78% Return on Assets1.76%Miscellaneous EmployeesN/A Outstanding Shares22,140,000Market Cap$166.27 million Next Earnings Date5/5/2020 (Estimated) OptionableNot Optionable Receive AJX News and Ratings via Email Sign-up to receive the latest news and ratings for AJX and its competitors with MarketBeat's FREE daily newsletter. AJX Rates by TradingView 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 reached pandemic status according to the World Health Organization (WHO). Since then, AJX stock has decreased by 41.0% and is now trading at $7.51. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Great Ajax? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Great Ajax in the last year. There are currently 2 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, May 5th 2020. View our earnings forecast for Great Ajax. How were Great Ajax's earnings last quarter? Great Ajax Corp (NYSE:AJX) issued its quarterly earnings results on Tuesday, March, 3rd. The real estate investment trust reported $0.31 EPS for the quarter, missing the consensus estimate of $0.38 by $0.07. The real estate investment trust had revenue of $13.72 million for the quarter, compared to the consensus estimate of $15.51 million. Great Ajax had a net margin of 53.46% and a return on equity of 7.78%. 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 Thursday, February 27th. Shareholders of record on Tuesday, March 17th will be paid a dividend of $0.32 per share on Friday, March 27th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 17.04%. The ex-dividend date is Monday, March 16th. View Great Ajax's dividend history. What price target have analysts set for AJX? 2 brokers have issued 1 year price objectives for Great Ajax's stock. Their forecasts range from $15.00 to $16.00. On average, they expect Great Ajax's stock price to reach $15.50 in the next twelve months. This suggests a possible upside of 106.4% 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 trended very negative this week, InfoTrie reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. 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 -3.3 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutGreat Ajax. Are investors shorting Great Ajax? Great Ajax saw a decline in short interest in the month of March. As of March 13th, there was short interest totaling 418,000 shares, a decline of 35.0% from the February 27th total of 643,200 shares. Based on an average trading volume of 136,500 shares, the days-to-cover ratio is presently 3.1 days. Approximately 2.3% of the shares of the stock are sold short. View Great Ajax's Current Options Chain. Who are some of Great Ajax's key competitors? Some companies that are related to Great Ajax include Tanger Factory Outlet Centers (SKT), Brookfield Property Reit (BPR), Colony Credit Real Estate (CLNC), Easterly Government Properties (BPYU), Urstadt Biddle Properties (UBA), ARMOUR Residential REIT (ARR), TPG RE Finance Trust (TRTX), UMH PROPERTIES/SH SH (UMH), Global Medical REIT (GMRE), RPT Realty (RPT), Urstadt Biddle Properties (UBP), City Office REIT (CIO), CAPSTEAD MTG CO/SH (CMO), Summit Hotel Properties (INN) and Redwood Trust (RWT). 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 LP Unit (ET), AT&T (T), Verizon Communications (VZ), ANNALY CAP MGMT/SH (NLY), AGNC Investment (AGNC), Alibaba Group (BABA), CBL & Associates Properties (CBL), Ford Motor (F), ARBOR RLTY TR I/SH (ABR) and Arlington Asset Investment (AI). 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 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 number of institutional and retail investors. Top institutional shareholders include KG&L Capital Management LLC (0.48%). View institutional ownership trends for Great Ajax. Which institutional investors are buying Great Ajax stock? AJX stock was purchased by a variety of institutional investors in the last quarter, including KG&L Capital 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 $7.51. How big of a company is Great Ajax? Great Ajax has a market capitalization of $166.27 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. View additional information about Great Ajax. What is Great Ajax's official website? The official website for Great Ajax is http://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 4/10/2020 by MarketBeat.com StaffFeatured Article: Stock Market - What is a circuit breaker?
