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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NYSE:AJX

Great Ajax (AJX) Stock Price, News & Analysis

$3.81
+0.19 (+5.25%)
(As of 03/28/2024 ET)
Today's Range
$3.65
$3.84
50-Day Range
$3.36
$5.90
52-Week Range
$3.30
$7.20
Volume
116,312 shs
Average Volume
188,531 shs
Market Capitalization
$104.62 million
P/E Ratio
N/A
Dividend Yield
10.50%
Price Target
$8.33

Great Ajax MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
119.3% Upside
$8.33 Price Target
Short Interest
Healthy
0.75% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.48
Upright™ Environmental Score
News Sentiment
1.41mentions of Great Ajax in the last 14 days
Based on 8 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.

4.80 out of 5 stars

Finance Sector

69th out of 850 stocks

Real Estate Investment Trusts Industry

10th out of 179 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

StockNews.com Lowers Great Ajax (NYSE:AJX) to Sell
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Great Ajax Corp (AJX)
Great Ajax (NYSE:AJX) Given Buy Rating at B. Riley
AJX Apr 2024 5.000 call
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Great Ajax Corp.
AJX Mar 2024 2.500 call
Q3 2023 Great Ajax Corp Earnings Call
Why Great Ajax Corp. Stock Plummeted Today
Ajax’s 10 biggest sales of all time
See More Headlines
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Company Calendar

Last Earnings
2/26/2024
Ex-Dividend for 3/29 Dividend
3/14/2024
Today
3/28/2024
Dividend Payable
3/29/2024
Next Earnings (Estimated)
5/02/2024
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
$8.33
High Stock Price Target
$10.00
Low Stock Price Target
$6.00
Potential Upside/Downside
+121.0%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$-47,070,000.00
Pretax Margin
-173.88%

Debt

Sales & Book Value

Annual Sales
$72.33 million
Book Value
$10.06 per share

Miscellaneous

Free Float
26,417,000
Market Cap
$103.52 million
Optionable
Not Optionable
Beta
1.88
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AJX Stock Analysis - Frequently Asked Questions

Should I buy or sell Great Ajax stock right now?

3 Wall Street equities research 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 equities research 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 brokers have issued 12-month price targets for Great Ajax's stock. Their AJX share price targets range from $6.00 to $10.00. On average, they anticipate the company's stock price to reach $8.33 in the next year. This suggests a possible upside of 119.3% 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 shares have decreased by 28.3% and is now trading at $3.80.
View the best growth stocks for 2024 here
.

Are investors shorting Great Ajax?

Great Ajax saw a drop in short interest in February. As of February 15th, there was short interest totaling 194,400 shares, a drop of 29.0% from the January 31st total of 273,700 shares. Based on an average daily trading volume, of 170,000 shares, the short-interest ratio is currently 1.1 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, May 2nd 2024.
View our AJX earnings forecast
.

How were Great Ajax's earnings last quarter?

Great Ajax Corp. (NYSE:AJX) issued its quarterly earnings results on Monday, February, 26th. The real estate investment trust reported ($0.07) EPS for the quarter, missing analysts' consensus estimates of $0.21 by $0.28. The real estate investment trust earned $17.66 million during the quarter, compared to analyst estimates 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 Monday, February 26th. Investors of record on Friday, March 15th will be paid a dividend of $0.10 per share on Friday, March 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 10.53%. The ex-dividend date is Thursday, March 14th.
Read our dividend analysis for AJX
.

Is Great Ajax a good dividend stock?

Great Ajax (NYSE:AJX) pays an annual dividend of $0.40 per share and currently has a dividend yield of 11.05%. 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 ETF holds Great Ajax's stock?

iShares Mortgage Real Estate ETF holds 322,178 shares of AJX stock, representing 0.34% of its portfolio.

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 acted 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 a number of institutional and retail investors. Top institutional investors include Beach Point Capital Management LP (8.28%), EMG Holdings L.P. (7.06%), Vanguard Group Inc. (4.02%), Vanguard Group Inc. (4.02%), State of Michigan Retirement System (2.93%) and Pacific Ridge Capital Partners LLC (2.68%). 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 3/28/2024 by MarketBeat.com Staff

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