NYSE:AJX - Great Ajax Stock Price, News, & Analysis

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$12.68 -0.09 (-0.70 %)
(As of 01/18/2019 04:00 PM ET)
Previous Close$12.77
Today's Range$12.68 - $12.84
52-Week Range$11.56 - $13.95
Volume18,300 shs
Average Volume46,723 shs
Market Capitalization$239.48 million
P/E Ratio8.08
Dividend Yield10.08%
Beta0.66
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, such as one to four unit homes and smaller commercial 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 headquartered in Beaverton, Oregon.

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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$54.79 million
Cash Flow$1.9689 per share
Book Value$17.39 per share

Profitability

Net Income$28.92 million

Miscellaneous

EmployeesN/A
Market Cap$239.48 million
OptionableNot Optionable

Great Ajax (NYSE:AJX) Frequently Asked Questions

What is Great Ajax's stock symbol?

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

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

Great Ajax announced a special dividend on Wednesday, January 2nd. Investors of record on Tuesday, January 15th will be given a dividend of $0.05 per share on Thursday, January 31st. This represents a yield of 10.43%. The ex-dividend date is Monday, January 14th. View Great Ajax's Dividend History.

How were Great Ajax's earnings last quarter?

Great Ajax Corp (NYSE:AJX) issued its earnings results on Tuesday, November, 6th. The real estate investment trust reported $0.34 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.44 by $0.10. The real estate investment trust earned $14.75 million during the quarter, compared to analyst estimates of $15.22 million. Great Ajax had a net margin of 48.10% and a return on equity of 9.04%. View Great Ajax's Earnings History.

When is Great Ajax's next earnings date?

Great Ajax is scheduled to release their next quarterly earnings announcement on Tuesday, March 5th 2019. View Earnings Estimates for Great Ajax.

What price target have analysts set for AJX?

2 brokers have issued 12-month price objectives for Great Ajax's stock. Their forecasts range from $18.00 to $18.00. On average, they anticipate Great Ajax's share price to reach $18.00 in the next year. This suggests a possible upside of 42.0% from the stock's current price. View Analyst Price Targets for Great Ajax.

What is the consensus analysts' recommendation for Great Ajax?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Great Ajax in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Great Ajax.

Has Great Ajax been receiving favorable news coverage?

Headlines about AJX stock have trended positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Great Ajax earned a media sentiment score of 2.8 on InfoTrie's scale. They also assigned headlines about the real estate investment trust a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the stock's share price in the immediate future.

Who are some of Great Ajax's key competitors?

Who are Great Ajax's key executives?

Great Ajax's management team includes the folowing 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 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.

Who are Great Ajax's major shareholders?

Great Ajax's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Virtu Financial LLC (0.08%). View Institutional Ownership Trends for Great Ajax.

Which institutional investors are buying Great Ajax stock?

AJX stock was bought by a variety of institutional investors in the last quarter, including Virtu Financial LLC. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Great Ajax's stock price today?

One share of AJX stock can currently be purchased for approximately $12.68.

How big of a company is Great Ajax?

Great Ajax has a market capitalization of $239.48 million and generates $54.79 million in revenue each year. The real estate investment trust earns $28.92 million in net income (profit) each year or $1.57 on an earnings per share basis.

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.


MarketBeat Community Rating for Great Ajax (NYSE AJX)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  167 (Vote Outperform)
Underperform Votes:  161 (Vote Underperform)
Total Votes:  328
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.
This page was last updated on 1/18/2019 by MarketBeat.com Staff

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