Great Ajax - AJX Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Great Ajax in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" AJX shares.
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4 analysts have issued twelve-month price targets for Great Ajax's shares. Their AJX share price forecasts range from $11.00 to $16.00. On average, they anticipate the company's stock price to reach $13.50 in the next year. This suggests a possible upside of 79.0% from the stock's current price.
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Great Ajax's stock was trading at $13.16 at the start of the year. Since then, AJX shares have decreased by 42.7% and is now trading at $7.54.
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Great Ajax saw a drop in short interest in the month of November. As of November 15th, there was short interest totaling 65,200 shares, a drop of 8.3% from the October 31st total of 71,100 shares. Based on an average trading volume of 69,800 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.3% of the shares of the stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, March 2nd 2023.
View our AJX earnings forecast.

Great Ajax Corp. (NYSE:AJX) posted its quarterly earnings data on Thursday, August, 4th. The real estate investment trust reported ($0.14) EPS for the quarter, missing the consensus estimate of $0.30 by $0.44. Great Ajax had a net margin of 1.10% and a trailing twelve-month return on equity of 9.81%. During the same period in the prior year, the firm posted $0.42 earnings per share.

Great Ajax declared a quarterly dividend on Thursday, November 3rd. Investors of record on Tuesday, November 15th will be given a dividend of $0.27 per share on Tuesday, November 29th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 14.32%. The ex-dividend date is Monday, November 14th.
Read our dividend analysis for AJX.

Great Ajax (NYSE:AJX) pays an annual dividend of $1.08 per share and currently has a dividend yield of 14.29%. AJX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for AJX.

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 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 a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.75%), Vanguard Group Inc. (4.27%), Pacific Ridge Capital Partners LLC (3.34%), Almitas Capital LLC (2.90%), Family Management Corp (1.41%) and State Street Corp (1.35%).
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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.
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One share of AJX stock can currently be purchased for approximately $7.54.

Great Ajax (NYSE:AJX) has a market capitalization of $172.61 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 ($0.64) on an earnings per share basis.

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.