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'A Gold Storm Is Coming' (Ad)
Judge rejects Justice Dept.'s bid to stop sugar merger
Will Wall Street's Enthusiasm About Datadog Lead To Big Gains?
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Closing prices for crude oil, gold and other commodities
Dow sinks to 2022 low as recession fears roil world markets
Sell every Stock except ONE (Ad)
MarketBeat: Week in Review 9/19 – 9/23
'Crucial' vote could move Italy to right; many might boycott
S&P 500   3,693.23
DOW   29,590.41
QQQ   275.51
Become an Ethical Hacking and Cybercrime Expert
'A Gold Storm Is Coming' (Ad)
Judge rejects Justice Dept.'s bid to stop sugar merger
Will Wall Street's Enthusiasm About Datadog Lead To Big Gains?
The One Ticker Retirement Plan Over the Shoulder Demo Now Available (Ad)
Closing prices for crude oil, gold and other commodities
Dow sinks to 2022 low as recession fears roil world markets
Sell every Stock except ONE (Ad)
MarketBeat: Week in Review 9/19 – 9/23
'Crucial' vote could move Italy to right; many might boycott
S&P 500   3,693.23
DOW   29,590.41
QQQ   275.51
Become an Ethical Hacking and Cybercrime Expert
'A Gold Storm Is Coming' (Ad)
Judge rejects Justice Dept.'s bid to stop sugar merger
Will Wall Street's Enthusiasm About Datadog Lead To Big Gains?
The One Ticker Retirement Plan Over the Shoulder Demo Now Available (Ad)
Closing prices for crude oil, gold and other commodities
Dow sinks to 2022 low as recession fears roil world markets
Sell every Stock except ONE (Ad)
MarketBeat: Week in Review 9/19 – 9/23
'Crucial' vote could move Italy to right; many might boycott
NYSE:AJX

Great Ajax - AJX Stock Forecast, Price & News

$8.51
-0.43 (-4.81%)
(As of 09/23/2022 12:00 AM ET)
Add
Compare
Today's Range
$8.50
$8.75
50-Day Range
$8.51
$11.11
52-Week Range
$8.50
$14.74
Volume
100,441 shs
Average Volume
64,322 shs
Market Capitalization
$193.43 million
P/E Ratio
18.91
Dividend Yield
12.08%
Price Target
$14.67

Great Ajax MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
72.3% Upside
$14.67 Price Target
Short Interest
Healthy
0.30% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-3.62
Upright™ Environmental Score
News Sentiment
0.98mentions of Great Ajax in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$24.83 M Sold Last Quarter
Proj. Earnings Growth
18.52%
From $1.08 to $1.28 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.38 out of 5 stars

Finance Sector

36th out of 890 stocks

Real Estate Investment Trusts Industry

5th out of 196 stocks

AJX stock logo

About Great Ajax (NYSE:AJX) Stock

Great Ajax Corp., real estate company, acquires, invests in, and manages a portfolio of residential mortgage and small balance commercial mortgage loans. The company also holds real estate owned properties acquired upon the foreclosure or other settlement of its non-performing loans, as well as through outright purchases. In addition, it acquires and originates small balance commercial loans (SBC) secured by multi-family residential and commercial mixed-use retail/residential properties; and invests in single-family and smaller commercial properties through a foreclosure event of a loan or a direct acquisition. 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 incorporated in 2014 and is based in Tigard, Oregon.

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AJX Stock News Headlines

Great Ajax Corp. (AJX)
Cherry Hill Mortgage (CHMI) Q2 Earnings Top Estimates
Great Ajax (AJX) Matches Q4 Earnings Estimates
Great Ajax Earnings Preview
Great Ajax Corp. Common Stock (AJX)
A Look Into Great Ajax's Price Over Earnings
Great Ajax Corp (AJX) Q3 2021 Earnings Call Transcript
Great Ajax (AJX) Surpasses Q3 Earnings Estimates
See More Headlines
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AJX Company Calendar

Last Earnings
8/04/2022
Ex-Dividend for 8/31 Dividend
8/12/2022
Dividend Payable
8/31/2022
Today
9/24/2022
Next Earnings (Estimated)
11/03/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$14.67
High Stock Price Forecast
$17.00
Low Stock Price Forecast
$11.00
Forecasted Upside/Downside
+72.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$41.85 million
Pretax Margin
36.33%

Debt

Sales & Book Value

Annual Sales
$77.95 million
Cash Flow
$0.87 per share
Book Value
$16.65 per share

Miscellaneous

Free Float
21,369,000
Market Cap
$193.43 million
Optionable
Not Optionable
Beta
1.77

Key Executives

  • Mr. Lawrence A. Mendelsohn (Age 61)
    Chairman & CEO
  • Mr. Russell A. Schaub (Age 58)
    Pres & Director
  • Ms. Mary B. Doyle CPA (Age 58)
    Chief Financial Officer
    Comp: $600k
  • Lauren DeMasi
    Sec.













AJX Stock - Frequently Asked Questions

Should I buy or sell Great Ajax stock right now?

3 Wall Street 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 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 2022?

3 analysts have issued 1-year price objectives for Great Ajax's shares. Their AJX share price forecasts range from $11.00 to $17.00. On average, they predict the company's share price to reach $14.67 in the next year. This suggests a possible upside of 72.3% 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 2022?

Great Ajax's stock was trading at $13.16 at the beginning of 2022. Since then, AJX shares have decreased by 35.3% and is now trading at $8.51.
View the best growth stocks for 2022 here
.

Are investors shorting Great Ajax?

Great Ajax saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 63,600 shares, a drop of 10.9% from the August 15th total of 71,400 shares. Based on an average trading volume of 154,600 shares, the short-interest ratio is currently 0.4 days. Currently, 0.3% of the company's shares 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, November 3rd 2022.
View our AJX earnings forecast
.

How were Great Ajax's earnings last quarter?

Great Ajax Corp. (NYSE:AJX) posted its quarterly earnings results on Thursday, August, 4th. The real estate investment trust reported ($0.14) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.30 by $0.44. Great Ajax had a net margin of 33.63% and a trailing twelve-month return on equity of 9.19%. During the same period last 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, August 4th. Stockholders of record on Monday, August 15th will be paid a dividend of $0.27 per share on Wednesday, August 31st. This represents a $1.08 annualized dividend and a dividend yield of 12.69%. The ex-dividend date of this dividend is Friday, August 12th. This is an increase from the stock's previous quarterly dividend of $0.26.
Read our dividend analysis for AJX
.

Is Great Ajax a good dividend stock?

Great Ajax (NYSE:AJX) pays an annual dividend of $1.08 per share and currently has a dividend yield of 12.08%. AJX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 240.01%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, AJX will have a dividend payout ratio of 84.38% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for AJX.

What other stocks do shareholders of Great Ajax own?
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 served 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 retail and institutional investors. Top institutional investors include Pacific Ridge Capital Partners LLC (3.38%), Beach Point Capital Management LP (1.44%), State Street Corp (1.38%), Millennium Management LLC (1.22%), EMG Holdings L.P. (0.93%) and Bard Associates Inc. (0.85%).
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 $8.51.

How much money does Great Ajax make?

Great Ajax (NYSE:AJX) has a market capitalization of $193.43 million and generates $77.95 million in revenue each year. The real estate investment trust earns $41.85 million in net income (profit) each year or $0.45 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 9/24/2022 by MarketBeat.com Staff

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