Great Ajax (RPT) Stock Price, News & Analysis

Company Overview

RPT Realty owns and operates a national portfolio of open-air shopping destinations principally located in top U.S. markets. The Company's shopping centers offer diverse, locally-curated consumer experiences that reflect the lifestyles of their surrounding communities and meet the modern expectations of the Company's retail partners. The Company is a fully integrated and self-administered REIT publicly traded on the New York Stock Exchange (the "NYSE"). The common shares of the Company, par value $0.01 per share (the "common shares") are listed and traded on the NYSE under the ticker symbol "RPT". As of September 30, 2023, the Company's property portfolio (the "aggregate portfolio") consisted of 43 wholly-owned shopping centers, 13 shopping centers owned through its grocery-anchored joint venture, and 49 retail properties owned through its net lease joint venture, which together represent 14.9 million square feet of gross leasable area ("GLA"). As of September 30, 2023, the Company's pro-rata share of the aggregate portfolio was 93.5% leased.

Key Stats

• Today's Range: $2.61 to $2.66
• 50-Day Range: $11.41 to $13.66
• 52-Week Range: $8.62 to $13.78
• Volume: 149,221 shs
• Average Volume: 242,538 shs
• Market Capitalization: $118.55 million
• P/E Ratio: N/A
• Dividend Yield: 9.20%
• Price Target: $4.00
• Consensus Rating: Strong Buy

Great Ajax Stock Analysis - MarketRank™

Great Ajax scored higher than 64% of companies evaluated by MarketBeat, and ranked 570th out of 949 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.8 / 5
• Analyst Rating: Strong Buy

Consensus Rating

Great Ajax has received a consensus rating of Strong Buy. The company's average rating score is 3.50, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Upside Potential

Great Ajax has a consensus price target of $4.00, representing about 53.3% upside from its current price of $2.61.

Amount of Analyst Coverage

Great Ajax has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 35.00%

Earnings Growth

Earnings for Great Ajax are expected to grow by 35.00% in the coming year, from $0.20 to $0.27 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Great Ajax is -13.74, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Great Ajax is -13.74, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Great Ajax has a P/B Ratio of 0.48. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.12% of the float of Great Ajax has been sold short.

Short Interest Ratio / Days to Cover

Great Ajax has a short interest ratio ("days to cover") of 5.3.

Change versus previous month

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Great Ajax is a leading dividend payer. It pays a dividend yield of 9.20%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Great Ajax does not have a long track record of dividend growth.

Dividend Sustainability

Based on EPS estimates, Great Ajax will have a dividend payout ratio of 88.89% in the coming year. This indicates that Great Ajax may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.12% of the float of Great Ajax has been sold short.

Short Interest Ratio / Days to Cover

Great Ajax has a short interest ratio ("days to cover") of 5.3.

Change versus previous month

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

Search Interest

7 people have searched for RPT on MarketBeat in the last 30 days. This is an increase of 133% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Great Ajax insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.34% of the stock of Great Ajax is held by insiders.

Percentage Held by Institutions

58.60% of the stock of Great Ajax is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

RPT Stock Analysis - Frequently Asked Questions

How were Great Ajax's earnings last quarter?

Great Ajax Corp. (NYSE:RPT) issued its quarterly earnings results on Monday, April, 28th. The real estate investment trust reported $0.02 EPS for the quarter, hitting analysts' consensus estimates of $0.02. The real estate investment trust had revenue of $3.81 million for the quarter, compared to analysts' expectations of $4.83 million. Great Ajax had a negative trailing twelve-month return on equity of 1.04% and a negative net margin of 12.70%.
Read the conference call transcript.

Who are Great Ajax's major shareholders?

Great Ajax's top institutional investors include New York State Common Retirement Fund (0.08%).
View institutional ownership trends.

What other stocks do shareholders of Great Ajax own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Great Ajax investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Netflix (NFLX), Exxon Mobil (XOM) and ServiceNow (NOW).

Company Calendar

• Last Earnings: 4/28/2025
• Record date for 8/29 Dividend: 8/15/2025
• Dividend Payable: 8/29/2025
• Today: 9/18/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: REIT - EQTY TRUST - RESID
• Sub-Industry: Retail REITs
• Current Symbol: NYSE:RPT
• CIK: 842183
• Web: www.rptrealty.com
• Phone: (212) 221-1261
• Fax: 248-350-9925
• Employees: 138
• Year Founded: 1950

Price Target and Rating

• Average Price Target for Great Ajax: $4.00
• High Price Target: $4.00
• Low Price Target: $4.00
• Potential Upside/Downside: +53.3%
• Consensus Rating: Strong Buy
• Rating Score (0-4): 3.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): ($2.85)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 13.05
• P/E Growth: N/A
• Net Income: -$91.83 million
• Net Margins: -12.70%
• Pretax Margin: -14.98%
• Return on Equity: -1.04%
• Return on Assets: -0.26%

Debt

• Debt-to-Equity Ratio: 0.99
• Current Ratio: 1.06
• Quick Ratio: 1.06

Sales & Book Value

• Annual Sales: $52.87 million
• Price / Sales: 2.24
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $5.43 per share
• Price / Book: 0.48

Miscellaneous

• Outstanding Shares: 45,420,000
• Free Float: 45,267,000
• Market Cap: $118.55 million
• Optionable: No Data
• Beta: 1.47