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Great Ajax (AJX) Stock Price, News & Analysis

$3.52
-0.07 (-1.95%)
(As of 02:58 PM ET)
Today's Range
$3.48
$3.68
50-Day Range
$3.36
$4.02
52-Week Range
$3.30
$7.20
Volume
65,284 shs
Average Volume
152,738 shs
Market Capitalization
$130.17 million
P/E Ratio
N/A
Dividend Yield
6.82%
Price Target
$7.50

Great Ajax MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
108.9% Upside
$7.50 Price Target
Short Interest
Healthy
0.53% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.48
Upright™ Environmental Score
News Sentiment
1.69mentions of Great Ajax in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
2,150.00%
From $0.02 to $0.45 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.88 out of 5 stars

Finance Sector

41st out of 860 stocks

Real Estate Investment Trusts Industry

8th out of 178 stocks

AJX stock logo

About Great Ajax Stock (NYSE:AJX)

Great Ajax Corp. operates as a mortgage real estate investment trust. It acquires re-performing and non-performing loans; acquires or originates small balance commercial mortgage loans that are secured by multi-family residential and commercial mixed use retail/residential properties; and invests in single-family and smaller commercial properties. The company elected to be taxed as a real estate investment trust for U.S. federal income tax purposes. Great Ajax Corp. was incorporated in 2014 and is based in Tigard, Oregon.

AJX Stock Price History

AJX Stock News Headlines

Great Ajax Announces Final Conversion Price For Convertible Notes
AJX Great Ajax Corp.
Great Ajax Corp (AJX)
AJX Apr 2024 5.000 call
Great Ajax Corp.
AJX Mar 2024 2.500 call
Q3 2023 Great Ajax Corp Earnings Call
Why Great Ajax Corp. Stock Plummeted Today
See More Headlines

Company Calendar

Last Earnings
2/26/2024
Ex-Dividend for 3/29 Dividend
3/14/2024
Dividend Payable
3/29/2024
Ex-Dividend for 5/30 Dividend
5/14/2024
Today
5/20/2024
Dividend Payable
5/30/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$7.50
High Stock Price Target
$9.00
Low Stock Price Target
$6.00
Potential Upside/Downside
+108.9%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$-47,070,000.00
Pretax Margin
-230.29%

Debt

Sales & Book Value

Annual Sales
$72.33 million
Book Value
$6.93 per share

Miscellaneous

Free Float
36,132,000
Market Cap
$132.76 million
Optionable
Not Optionable
Beta
1.87

AJX Stock Analysis - Frequently Asked Questions

Should I buy or sell Great Ajax stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Great Ajax in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" AJX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AJX, but not buy additional shares or sell existing shares.
View AJX analyst ratings
or view top-rated stocks.

What is Great Ajax's stock price target for 2024?

3 brokerages have issued 1 year price targets for Great Ajax's shares. Their AJX share price targets range from $6.00 to $9.00. On average, they predict the company's stock price to reach $7.50 in the next twelve months. This suggests a possible upside of 108.9% 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 2024?

Great Ajax's stock was trading at $5.30 at the beginning of 2024. Since then, AJX stock has decreased by 32.3% and is now trading at $3.59.
View the best growth stocks for 2024 here
.

Are investors shorting Great Ajax?

Great Ajax saw a drop in short interest in April. As of April 30th, there was short interest totaling 196,300 shares, a drop of 16.6% from the April 15th total of 235,300 shares. Based on an average daily volume of 152,500 shares, the days-to-cover ratio is presently 1.3 days.
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, August 1st 2024.
View our AJX earnings forecast
.

How were Great Ajax's earnings last quarter?

Great Ajax Corp. (NYSE:AJX) released its quarterly earnings data on Monday, February, 26th. The real estate investment trust reported ($0.07) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.21 by $0.28. The real estate investment trust had revenue of $17.66 million for the quarter, compared to the consensus estimate of $5.65 million.

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

Great Ajax announced a quarterly dividend on Friday, May 3rd. Investors of record on Wednesday, May 15th will be given a dividend of $0.06 per share on Thursday, May 30th. This represents a $0.24 annualized dividend and a yield of 6.69%. The ex-dividend date is Tuesday, May 14th.
Read our dividend analysis for AJX
.

Is Great Ajax a good dividend stock?

Great Ajax (NYSE:AJX) pays an annual dividend of $0.24 per share and currently has a dividend yield of 6.69%. 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.

What other stocks do shareholders of Great Ajax own?
When did Great Ajax IPO?

Great Ajax (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 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 many different retail and institutional investors. Top institutional investors include Magnetar Financial LLC (26.59%), Vanguard Group Inc. (3.29%), Pacific Ridge Capital Partners LLC (1.89%), Jacobs Levy Equity Management Inc. (0.25%), KG&L Capital Management LLC (0.27%) and Camelot Portfolios LLC (0.09%). Insiders that own company stock include Magnetar Financial Llc and Mary B Doyle.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:AJX) was last updated on 5/20/2024 by MarketBeat.com Staff

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