Great Ajax Corp. (AJX)

NYSE: AJX · IEX Real-Time Price · USD
3.420
-0.080 (-2.29%)
Jul 2, 2024, 4:00 PM EDT - Market closed
-2.29%
Market Cap 135.31M
Revenue (ttm) -67.00M
Net Income (ttm) -115.64M
Shares Out 39.56M
EPS (ttm) -4.08
PE Ratio n/a
Forward PE n/a
Dividend $0.47 (13.62%)
Ex-Dividend Date May 14, 2024
Volume 69,368
Open 3.490
Previous Close 3.500
Day's Range 3.410 - 3.530
52-Week Range 3.110 - 7.200
Beta 1.83
Analysts Buy
Price Target 7.50 (+119.3%)
Earnings Date Aug 1, 2024

About 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. [Read more]

Industry REIT - Mortgage
Sector Real Estate
IPO Date Feb 13, 2015
Country United States
Stock Exchange NYSE
Ticker Symbol AJX
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for AJX stock is "Buy." The 12-month stock price forecast is $7.5, which is an increase of 119.30% from the latest price.

Price Target
$7.5
(119.30% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Wall Street's Most Accurate Analysts Spotlight On 3 Financial Stocks Delivering High-Dividend Yields

During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash ...

Other symbols: COLBOMF
5 days ago - Benzinga

Rithm Capital Corp. and Great Ajax Corp. Complete Transaction

NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE: RITM; “Rithm”), a global asset manager focused on real estate, credit and financial services, and Great Ajax Corp. (NYSE: AJX; “Great Ajax”), a re...

Other symbols: RITM
21 days ago - Business Wire

Great Ajax Corp. Announces Results for the Quarter Ended March 31, 2024

NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. (NYSE: AJX), a Maryland corporation that is a real estate investment trust ("REIT"), announces its results of operations for the quarter ended March 31, 202...

2 months ago - Business Wire

Great Ajax Corp. Announces Final Conversion Rate for Its Convertible Notes

NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. (NYSE: AJX; the “Company”), a real estate investment trust, in advance of the upcoming maturity of its outstanding convertible notes on April 30, 2024, anno...

2 months ago - Business Wire

Great Ajax Corp. Announces Record Date for Stockholders Meeting to Approve Strategic Transaction With Rithm Capital Corp.

NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. (NYSE: AJX; the “Company”), a real estate investment trust, announced today that its board of directors has fixed a record date of April 22, 2024 for its 20...

2 months ago - Business Wire

Top 3 Financial Stocks That May Explode This Quarter - AtlasClear Holdings (AMEX:ATCH), Great Ajax (NYSE:AJX)

The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies.

Other symbols: ATCHTPVG
3 months ago - Benzinga

Great Ajax Corp. Announces Results for the Quarter Ended December 31, 2023

NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. (NYSE: AJX), a Maryland corporation that is a real estate investment trust ("REIT"), announces its results of operations for the quarter ended December 31, ...

4 months ago - Business Wire

Rithm Capital Corp. and Great Ajax Corp. Announce a Strategic Transaction

NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE: RITM; “Rithm”), a global asset manager focused on real estate, credit and financial services, and Great Ajax Corp. (NYSE: AJX; “Great Ajax”), a re...

Other symbols: RITM
4 months ago - Business Wire

Great Ajax Corp. Announces Results for the Quarter Ended September 30, 2023; Provides Strategic Update

NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. (NYSE: AJX), a Maryland corporation that is a real estate investment trust ("REIT"), announces its results of operations for the quarter ended September 30,...

8 months ago - Business Wire

Top 5 Financial Stocks That Could Lead To Your Biggest Gains In Q4 - AMTD IDEA Group (NYSE:AMTD), Great Ajax (NYSE:AJX)

The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies.

Other symbols: AMTDBENFBOKFSIEB
8 months ago - Benzinga

Great Ajax Corp. Schedules Its Third Quarter 2023 Financial Results Release For Thursday, November 2, 2023

NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. (NYSE: AJX), a Maryland corporation that is a real estate investment trust, today announces that it intends to release its financial results for the third q...

8 months ago - Business Wire

Ellington Financial and Great Ajax Corp. Announce Mutual Termination of Merger Agreement

OLD GREENWICH, Conn. & NEW YORK--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) ("Ellington Financial"), a real estate investment trust investing in a diverse array of financial assets includin...

Other symbols: EFC
9 months ago - Business Wire

Great Ajax Corp. Announces Results for the Quarter Ended June 30, 2023

NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. (NYSE: AJX), a Maryland corporation that is a real estate investment trust ("REIT"), announces its results of operations for the quarter ended June 30, 2023...

11 months ago - Business Wire

Great Ajax Corp. Schedules Its Second Quarter 2023 Financial Results Release For Thursday, August 3, 2023

NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. (NYSE: AJX), a Maryland corporation that is a real estate investment trust, today announces that it intends to release its financial results for the second ...

1 year ago - Business Wire

GREAT AJAX INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Great Ajax Corp. - AJX

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Great Ajax Corp....

Other symbols: EFC
1 year ago - Business Wire

AJX Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Great Ajax Corp. Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Great Ajax Corp. (NYSE: AJX) to Ellington Financial Inc. is fair to Great Ajax shareholde...

1 year ago - Business Wire

Shareholder Alert: Ademi LLP investigates whether Great Ajax Corp. has obtained a Fair Price in its Private Placement and its transaction with Ellington Financial

MILWAUKEE , July 3, 2023 /PRNewswire/ -- Ademi LLP is investigating Great Ajax (NYSE: AJX) for possible breaches of fiduciary duty and other violations of law in its private placement and its transact...

1 year ago - PRNewsWire

Great Ajax stock rallies after Ellington Financial agrees to buy it at a premium in REIT merger

Great Ajax Corp. AJX, +2.00% stock is rallying 9% in premarket trades Monday after it agreed to be acquired by Ellington Financial Inc. EFC, +0.44% for about $173 million in stock. Ellington Financial...

Other symbols: EFC
1 year ago - Market Watch

Ellington Financial and Great Ajax Corp. Announce Definitive Merger Agreement

OLD GREENWICH, Conn. & NEW YORK--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (“Ellington Financial”), a real estate investment trust investing in a diverse array of financial assets includin...

Other symbols: EFC
1 year ago - Business Wire

Great Ajax Corp. Announces Results for the Quarter Ended March 31, 2023

NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. (NYSE: AJX), a Maryland corporation that is a real estate investment trust ("REIT"), announces its results of operations for the quarter ended March 31, 202...

1 year ago - Business Wire

Great Ajax Corp. Schedules Its First Quarter 2023 Financial Results Release For Thursday, May 4, 2023

NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. (NYSE: AJX), a Maryland corporation that is a real estate investment trust, today announces that it intends to release its financial results for the first q...

1 year ago - Business Wire

Great Ajax Corp. Announces Results for the Quarter and Year Ended December 31, 2022

NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. (NYSE: AJX), a Maryland corporation that is a real estate investment trust ("REIT"), announces its results of operations for the quarter and year ended Dece...

1 year ago - Business Wire

Great Ajax Corp. Schedules Its Fourth Quarter and Year End 2022 Financial Results Release for Thursday, March 2, 2023

NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. (NYSE: AJX), a Maryland corporation that is a real estate investment trust, today announces that it intends to release its financial results for the fourth ...

1 year ago - Business Wire

Great Ajax Corp. Announces Results for the Quarter Ended September 30, 2022

NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. (NYSE: AJX), a Maryland corporation that is a real estate investment trust ("REIT"), today announces its results of operations for the quarter ended Septemb...

1 year ago - Business Wire

Great Ajax Corp. Schedules Its Third Quarter 2022 Financial Results Release For Thursday, November 3, 2022

NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. (NYSE: AJX), a Maryland corporation that is a real estate investment trust, today announces that it intends to release its financial results for the third q...

1 year ago - Business Wire