NYSE:AJX

Great Ajax (AJX) Stock Price, News & Analysis

$3.55
-0.08 (-2.20%)
(As of 05/6/2024 ET)
Today's Range
$3.41
$3.57
50-Day Range
$3.36
$4.28
52-Week Range
$3.30
$7.20
Volume
138,886 shs
Average Volume
156,923 shs
Market Capitalization
$131.31 million
P/E Ratio
N/A
Dividend Yield
11.27%
Price Target
$8.33

Great Ajax MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
134.7% Upside
$8.33 Price Target
Short Interest
Healthy
0.64% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.48
Upright™ Environmental Score
News Sentiment
-0.66mentions of Great Ajax in the last 14 days
Based on 4 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.

4.28 out of 5 stars

Finance Sector

245th out of 876 stocks

Real Estate Investment Trusts Industry

42nd out of 181 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
Do NOT read if you believe in “woke” politics
I have to warn you, however: This CEO of a publicly traded company is not afraid to mince words. Many on Wall Street have refused to work with him.
AJX Great Ajax Corp.
Great Ajax Corp (AJX)
Do NOT read if you believe in “woke” politics
I have to warn you, however: This CEO of a publicly traded company is not afraid to mince words. Many on Wall Street have refused to work with him.
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
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Company Calendar

Last Earnings
2/26/2024
Ex-Dividend for 3/29 Dividend
3/14/2024
Dividend Payable
3/29/2024
Today
5/07/2024
Ex-Dividend for 5/30 Dividend
5/14/2024
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
$8.33
High Stock Price Target
$10.00
Low Stock Price Target
$6.00
Potential Upside/Downside
+134.7%
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
36,138,000
Market Cap
$131.31 million
Optionable
Not Optionable
Beta
1.87
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AJX Stock Analysis - Frequently Asked Questions

Should I buy or sell Great Ajax stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Great Ajax in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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 analysts have issued 12-month target prices for Great Ajax's stock. Their AJX share price targets range from $6.00 to $10.00. On average, they expect the company's stock price to reach $8.33 in the next twelve months. This suggests a possible upside of 134.7% 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 start of the year. Since then, AJX shares have decreased by 33.0% and is now trading at $3.55.
View the best growth stocks for 2024 here
.

Are investors shorting Great Ajax?

Great Ajax saw a increase in short interest in March. As of March 31st, there was short interest totaling 229,000 shares, an increase of 10.6% from the March 15th total of 207,000 shares. Based on an average daily volume of 180,600 shares, the short-interest ratio is currently 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) posted its earnings results on Monday, February, 26th. The real estate investment trust reported ($0.07) earnings per share 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 analysts' expectations of $5.65 million.

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

Great Ajax declared a quarterly dividend on Monday, May 6th. Investors of record on Wednesday, May 15th will be paid a dividend of $0.06 per share on Thursday, May 30th. This represents a $0.24 annualized dividend and a yield of 6.76%. 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 $0.40 per share and currently has a dividend yield of 11.02%. 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 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 many different institutional and retail investors. Top institutional shareholders include KG&L Capital Management LLC (0.27%). 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 5/7/2024 by MarketBeat.com Staff

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