NYSE:AJXGreat Ajax Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Great Ajax Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $8.06 -0.62 (-7.14 %) (As of 07/10/2020 08:54 AM ET) Add Compare Share Today's Range$8.02Now: $8.06▼$8.6550-Day Range$8.10MA: $8.95▼$10.7152-Week Range$3.96Now: $8.06▼$15.96Volume145,800 shsAverage Volume174,159 shsMarket Capitalization$184.82 millionP/E Ratio6.45Dividend Yield7.83%Beta1.63 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial Media 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 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 based in Beaverton, Oregon.Read More Beat the Market (BTM) Rank™ 3.5 Analyst's Opinion Consensus RatingGreat Ajax has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $12.50, Great Ajax has a potential upside of 55.1% from its current price of $8.06.Amount of Analyst CoverageGreat Ajax has only been the subject of 2 research reports in the past 90 days. Previous Next 2.5 Community Rank Outperform VotesGreat Ajax has received 222 “outperform” votes. (Add your “outperform” vote.)Underperform VotesGreat Ajax has received 230 “underperform” votes. (Add your “underperform” vote.)Community SentimentGreat Ajax has received 50.88% “underperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipGreat Ajax is a leading dividend payer. It pays a dividend yield of 7.83%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthGreat Ajax has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Great Ajax is 45.03%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Great Ajax will have a dividend payout ratio of 51.91% next year. This indicates that Great Ajax will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Great Ajax insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 6.60% of the stock of Great Ajax is held by insiders.Percentage Held by Institutions66.94% of the stock of Great Ajax is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Great Ajax are expected to grow by 72.37% in the coming year, from $0.76 to $1.31 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Great Ajax is 6.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.72.Price to Earnings Ratio vs. SectorThe P/E ratio of Great Ajax is 6.45, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.13.Price to Book Value per Share RatioGreat Ajax has a P/B Ratio of 0.43. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.5Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 3.8 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.82 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:AJX Previous Symbol CUSIPN/A CIK1614806 Webwww.great-ajax.com Phone503-505-5670Debt Debt-to-Equity Ratio2.08 Current Ratio2.63 Quick Ratio2.63Price-To-Earnings Trailing P/E Ratio6.45 Forward P/E Ratio10.61 P/E GrowthN/A Sales & Book Value Annual Sales$64.92 million Price / Sales2.85 Cash Flow$1.06 per share Price / Cash Flow7.61 Book Value$18.88 per share Price / Book0.43Profitability EPS (Most Recent Fiscal Year)$1.51 Net Income$34.71 million Net Margins43.43% Return on Equity5.75% Return on Assets1.34%Miscellaneous EmployeesN/A Outstanding Shares22,930,000Market Cap$184.82 million Next Earnings Date8/4/2020 (Estimated) OptionableNot Optionable AJX Rates by TradingView Receive AJX News and Ratings via Email Sign-up to receive the latest news and ratings for AJX and its competitors with MarketBeat's FREE daily newsletter. Great Ajax (NYSE:AJX) Frequently Asked Questions How has Great Ajax's stock been impacted by COVID-19 (Coronavirus)? Great Ajax's stock was trading at $12.73 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, AJX stock has decreased by 36.7% and is now trading at $8.06. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Great Ajax? 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. When is Great Ajax's next earnings date? Great Ajax is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Great Ajax. How were Great Ajax's earnings last quarter? Great Ajax Corp (NYSE:AJX) posted its quarterly earnings results on Tuesday, May, 5th. The real estate investment trust reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by $0.26. The real estate investment trust earned $14.22 million during the quarter, compared to analysts' expectations 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. How often does Great Ajax pay dividends? What is the dividend yield for Great Ajax? Great Ajax announced a quarterly dividend on Sunday, May 3rd. Shareholders 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 annualized dividend and a dividend yield of 8.44%. The ex-dividend date is Thursday, May 14th. View Great Ajax's dividend history. What price target have analysts set for AJX? 3 Wall Street analysts 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 twelve months. This suggests a possible upside of 55.1% from the stock's current price. View analysts' price targets for Great Ajax. Has Great Ajax been receiving favorable news coverage? Media coverage about AJX stock has trended neutral recently, InfoTrie reports. The research group identifies negative and positive press coverage by analyzing 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 news sentiment score of 0.5 on InfoTrie's scale. They also gave news coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news about Great Ajax. Who are some of Great Ajax's key competitors? Some companies that are related to Great Ajax include Colony Credit Real Estate (CLNC), Redwood Trust (RWT), Brookfield Property Reit (BPR), Saul Centers (BFS), Brookfield Property REIT (BPYU), Tanger Factory Outlet Centers (SKT), TPG RE Finance Trust (TRTX), ARMOUR Residential REIT (ARR), Summit Hotel Properties (INN), CAPSTEAD MTG CO/SH (CMO), RPT Realty (RPT), Invesco Mortgage Capital (IVR), UMH PROPERTIES/SH SH (UMH), Global Medical REIT (GMRE) and Ready Capital (RC). View all competitors. What other stocks do shareholders of Great Ajax own? 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). Who are Great Ajax's key executives? Great Ajax's management team includes the following 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 (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 acted 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 many different institutional and retail investors. Top institutional investors include KG&L Capital Management LLC (0.66%). View institutional ownership trends for Great Ajax. Which major investors are buying Great Ajax stock? AJX stock was bought by a variety of institutional investors in the last quarter, including KG&L Capital Management LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Great Ajax's stock price today? One share of AJX stock can currently be purchased for approximately $8.06. How big of a company is Great Ajax? Great Ajax has a market capitalization of $184.82 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. What is Great Ajax's official website? The official website for Great Ajax is 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. This page was last updated on 7/10/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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