NYSE:AJXGreat Ajax Stock Price, Forecast & News

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 shares have decreased by 31.7% and is now trading at $8.70. View which stocks have been most impacted by Coronavirus.

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.

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

Great Ajax Corp (NYSE:AJX) announced its earnings results on Tuesday, May, 5th. The real estate investment trust reported $0.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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.

Great Ajax declared 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 dividend yield of 7.82%. The ex-dividend date of this dividend is Thursday, May 14th. View Great Ajax's dividend history.

3 brokerages have issued 12-month price objectives for Great Ajax's shares. Their forecasts range from $10.50 to $15.00. On average, they expect Great Ajax's stock price to reach $12.50 in the next year. This suggests a possible upside of 43.7% from the stock's current price. View analysts' price targets for Great Ajax.

Media coverage about AJX stock has been trending very negative recently, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Great Ajax earned a daily sentiment score of -3.1 on InfoTrie's scale. They also assigned media coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next several days. View the latest news aboutGreat Ajax.

Great Ajax saw a increase in short interest during the month of 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 volume of 234,100 shares, the days-to-cover ratio is presently 1.9 days. Currently, 2.3% of the shares of the stock are short sold. View Great Ajax's Current Options Chain.

Some companies that are related to Great Ajax include Saul Centers (BFS), Summit Hotel Properties (INN), Colony Credit Real Estate (CLNC), Tanger Factory Outlet Centers (SKT), Redwood Trust (RWT), TPG RE Finance Trust (TRTX), Easterly Government Properties (BPYU), Urstadt Biddle Properties (UBA), Brookfield Property Reit (BPR), ARMOUR Residential REIT (ARR), UMH PROPERTIES/SH SH (UMH), RPT Realty (RPT), Global Medical REIT (GMRE), CAPSTEAD MTG CO/SH (CMO) and Urstadt Biddle Properties (UBP). View all competitors.

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), ARBOR RLTY TR I/SH (ABR), ANNALY CAP MGMT/SH (NLY), Alibaba Group (BABA), CBL & Associates Properties (CBL), Ford Motor (F), Arlington Asset Investment (AI) and Home Depot (HD).

(AJX) raised $93 million in an initial public offering (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 served 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 number of institutional and retail 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.

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.

AJX stock was bought 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.

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.

One share of AJX stock can currently be purchased for approximately $8.70.

Great Ajax has a market capitalization of $199.42 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.

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

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.