Great Ajax Corp. (AJX)

NYSE: AJX · Real-Time Price · USD
2.950
-0.080 (-2.64%)
Nov 20, 2024, 4:00 PM EST - Market closed
-2.64%
Market Cap 133.99M
Revenue (ttm) -90.33M
Net Income (ttm) -117.77M
Shares Out 45.42M
EPS (ttm) -3.31
PE Ratio n/a
Forward PE 12.29
Dividend $0.24 (8.14%)
Ex-Dividend Date Nov 15, 2024
Volume 136,340
Open 3.030
Previous Close 3.030
Day's Range 2.925 - 3.040
52-Week Range 2.925 - 6.010
Beta 1.85
Analysts Buy
Price Target 6.00 (+103.39%)
Earnings Date Oct 21, 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 2 analysts, the average rating for AJX stock is "Buy." The 12-month stock price forecast is $6.0, which is an increase of 103.39% from the latest price.

Price Target
$6.0
(103.39% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Great Ajax Establishes Effective Date of Previously Announced Rebrand to Rithm Property Trust

NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. (NYSE: AJX, “Great Ajax” or the “Company”) today announced it will complete its previously announced name change and rebrand to Rithm Property Trust Inc. on...

12 hours ago - Business Wire

Great Ajax Corp. (AJX) Q3 2024 Earnings Call Transcript

Great Ajax Corp. (NYSE:AJX) Q3 2024 Earnings Conference Call October 21, 2024 8:00 AM ET Company Participants Emma Bolla - Associate General Counsel, Rithm Capital Michael Nierenberg - CEO & Chairman...

4 weeks ago - Seeking Alpha

Great Ajax Corp. Announces Results for the Quarter Ended September 30, 2024 and Announces Intent to Rebrand to Rithm Property Trust Inc.

NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. (NYSE: AJX, “Great Ajax” or the “Company”) today announced the following financial results for the quarter ended September 30, 2024. Third Quarter Financial...

4 weeks ago - Business Wire

Great Ajax Corp. Schedules Its Third Quarter 2024 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. (NYSE: AJX, “Great Ajax” or the “Company”) announced today that it will release its financial results for the third quarter ended September 30, 2024 on Mond...

6 weeks ago - Business Wire

Great Ajax Corp. (AJX) Q4 2023 Earnings Call Transcript

Great Ajax Corp. (NYSE:AJX) Q4 2023 Earnings Conference Call July 24, 2023 8:00 AM ET Company Participants Michael Nierenberg - Chief Executive Officer Mary Doyle - Principal Financial Officer and Pr...

4 months ago - Seeking Alpha

Great Ajax Corp. Announces Results for the Quarter Ended June 30, 2024

NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. (NYSE: AJX, "Great Ajax" or the "Company"), a Maryland corporation today announced the following financial results for the quarter ended June 30, 2024. Seco...

4 months ago - Business Wire

Great Ajax Corp. Schedules Its Second Quarter 2024 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. Schedules Its Second Quarter 2024 Earnings Release and Conference Call For Wednesday, July 24, 2024.

4 months ago - Business Wire

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
5 months 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...

7 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...

7 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...

8 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
8 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, ...

9 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
9 months ago - Business Wire

Great Ajax Corp. (AJX) Q3 2023 Earnings Call Transcript

Great Ajax Corp. (NYSE:AJX) Q3 2023 Earnings Conference Call November 2, 2023 5:00 PM ET Company Participants Lawrence Mendelsohn - Chief Executive Officer Russell Schaub - President Mary Doyle - CFO...

1 year ago - Seeking Alpha

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,...

1 year 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
1 year 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...

1 year 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
1 year ago - Business Wire

REITs Are Historically Cheap

Rates Up, REITs Down. Commercial and residential real estate markets remain an easy transmission mechanism - or "punching bag" - of the Federal Reserve's historically swift monetary tightening cycle. ...

Other symbols: AMTDHCEFCEXRGNLKIMO
1 year ago - Seeking Alpha

Great Ajax Corp. (AJX) Q2 2023 Earnings Call Transcript

Great Ajax Corp. (NYSE:AJX) Q2 2023 Earnings Conference Call August 3, 2023 5:00 PM ET Company Participants Lawrence Mendelsohn – Chief Executive Officer Conference Call Participants Operator Good af...

1 year ago - Seeking Alpha

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...

1 year 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

Stick The Soft Landing

U.S. equity markets advanced to their highest levels of the year on an "inflation week" rally after the closely-watched CPI and PPI reports showed a continued sharp cooldown in price pressures. Closin...

Other symbols: AGNCAHTARECCIDXEARNEFC
1 year ago - Seeking Alpha

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