Great Ajax Stock Price, News & Analysis (NYSE:AJX)

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

Great Ajax announced a quarterly dividend on Monday, July 22nd. Shareholders of record on Monday, August 19th will be paid a dividend of $0.32 per share on Friday, August 30th. This represents a $1.28 annualized dividend and a yield of 8.14%. The ex-dividend date is Friday, August 16th. View Great Ajax's Dividend History.

Great Ajax Corp (NYSE:AJX) issued its earnings results on Tuesday, August, 6th. The real estate investment trust reported $0.31 EPS for the quarter, missing analysts' consensus estimates of $0.40 by $0.09. The real estate investment trust earned $20.70 million during the quarter, compared to analyst estimates of $14.90 million. Great Ajax had a net margin of 51.93% and a return on equity of 8.05%. View Great Ajax's Earnings History.

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

1 brokerages have issued 12-month price targets for Great Ajax's shares. Their predictions range from $15.00 to $15.00. On average, they anticipate Great Ajax's share price to reach $15.00 in the next year. This suggests that the stock has a possible downside of 4.6%. View Analyst Price Targets for Great Ajax.

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

News articles about AJX stock have trended somewhat negative this week, according to InfoTrie. The research group scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Great Ajax earned a news impact score of -1.7 on InfoTrie's scale. They also assigned media headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Great Ajax.

Great Ajax saw a increase in short interest during the month of September. As of September 15th, there was short interest totalling 569,700 shares, an increase of 48.0% from the August 15th total of 385,000 shares. Based on an average trading volume of 110,600 shares, the days-to-cover ratio is presently 5.2 days. Currently, 3.6% 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 Summit Hotel Properties (INN), NexPoint Residential Trust (NXRT), KKR Real Estate Finance Trust (KREF), RPT Realty (RPT), Granite Point Mortgage Trust (GPMT), ARMOUR Residential REIT (ARR), Urstadt Biddle Properties (UBA), Investors Real Estate Trust Reit (IRET), Community Healthcare Trust (CHCT), Northstar Realty Europe (NRE), Chatham Lodging Trust (CLDT), istar (STAR), Washington Prime Group (WPG), Urstadt Biddle Properties (UBP) and Ready Capital (RC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Great Ajax investors own include Energy Transfer LP Unit (ET), ANNALY CAP MGMT/SH (NLY), CBL & Associates Properties (CBL), Martin Midstream Partners (MMLP), Cornerstone Total Return Fund (CRF), AT&T (T), Arlington Asset Investment (AI), Ford Motor (F), SandRidge Permian Trust (PER) and SunCoke Energy Partners (SXCP).

(AJX) raised $93 million in an 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's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include KG&L Capital Management LLC (0.45%), Navellier & Associates Inc (0.35%), Meeder Asset Management Inc. (0.12%) and Nisa Investment Advisors LLC (0.01%). View Institutional Ownership Trends for Great Ajax.

AJX stock was sold by a variety of institutional investors in the last quarter, including KG&L Capital Management LLC. View Insider Buying and Selling for Great Ajax.

AJX stock was bought by a variety of institutional investors in the last quarter, including Navellier & Associates Inc, Meeder Asset Management Inc. and Nisa Investment Advisors LLC. View Insider Buying and Selling 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 $15.73.

Great Ajax has a market capitalization of $309.16 million and generates $58.16 million in revenue each year. The real estate investment trust earns $28.34 million in net income (profit) each year or $1.46 on an earnings per share basis. View Additional Information About Great Ajax.

The official website for Great Ajax is http://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.