Great Ajax Corp. (AJX)

NYSE: AJX · IEX Real-Time Price · USD
7.51
-0.04 (-0.53%)
At close: Sep 30, 2022 4:00 PM
7.68
+0.17 (2.26%)
After-hours: Sep 30, 2022 7:16 PM EDT
-0.53%
Market Cap 170.73M
Revenue (ttm) 62.13M
Net Income (ttm) 11.08M
Shares Out 22.73M
EPS (ttm) 0.45
PE Ratio 16.69
Forward PE 8.42
Dividend $1.13 (15.05%)
Ex-Dividend Date Aug 12, 2022
Volume 101,696
Open 7.57
Previous Close 7.55
Day's Range 7.46 - 7.74
52-Week Range 7.46 - 14.74
Beta 1.74
Analysts Buy
Price Target 14.99 (+99.6%)
Earnings Date Nov 2, 2022

About AJX

Great Ajax Corp., real estate company, acquires, invests in, and manages a portfolio of residential mortgage and small balance commercial mortgage loans. The company also holds real estate owned properties acquired upon the foreclosure or other settlement of its non-performing loans, as well as through outright purchases. In addition, it acquires and originates small balance commercial loans (SBC) secured by multi-family residential and commercial mixed-use retail/residential properties; and invests in single-family and smaller commercial prope... [Read more...]

Industry Mortgage Real Estate Investment Trusts (REITs)
IPO Date Feb 13, 2015
CEO Lawrence Mendelsohn
Country United States
Stock Exchange NYSE
Ticker Symbol AJX
Full Company Profile

Financial Performance

In 2021, Great Ajax's revenue was $77.95 million, an increase of 22.54% compared to the previous year's $63.61 million. Earnings were $41.86 million, an increase of 46.88%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for AJX stock is "Buy." The 12-month stock price forecast is 14.99, which is an increase of 99.60% from the latest price.

Price Target
$14.99
(99.60% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Great Ajax Corp. Closes Offering of $110,000,000 of Senior Unsecured Notes

NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. (NYSE: AJX), (the “Company”) today announced that one of its subsidiaries, Great Ajax Operating Partnership L.P (the “Issuer”) has closed a private offering o...

1 month ago - Business Wire

Great Ajax (AJX) Q2 Earnings and Revenues Miss Estimates

Great Ajax (AJX) delivered earnings and revenue surprises of -16.67% and 15.81%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

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

NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. (NYSE: AJX), a Maryland corporation that is a real estate investment trust, today announces its results of operations for the quarter ended June 30, 2022. We ...

1 month ago - Business Wire

Great Ajax Corp. Schedules Its Second Quarter 2022 Financial Results Release For Thursday, August 4, 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 second qu...

2 months ago - Business Wire

Great Ajax (AJX) Expected to Beat Earnings Estimates: Should You Buy?

Great Ajax (AJX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

Great Ajax (AJX) Surges 5.3%: Is This an Indication of Further Gains?

Great Ajax (AJX) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

3 months ago - Zacks Investment Research

Great Ajax (AJX) Q1 Earnings and Revenues Miss Estimates

Great Ajax (AJX) delivered earnings and revenue surprises of -58.33% and 2.69%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Great Ajax Corp. Announces Results for the Quarter Ended March 31, 2022

NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. (NYSE: AJX), a Maryland corporation that is a real estate investment trust, today announces its results of operations for the quarter ended March 31, 2022. We...

4 months ago - Business Wire

Great Ajax Corp. Schedules Its First Quarter 2022 Financial Results Release For Thursday, May 5, 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 first qua...

5 months ago - Business Wire

Great Ajax (AJX) Matches Q4 Earnings Estimates

Great Ajax (AJX) delivered earnings and revenue surprises of 0% and 4.70%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Great Ajax Corp. Announces Results for the Quarter Ended December 31, 2021

NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. (NYSE: AJX), a Maryland corporation that is a real estate investment trust, today announces its results of operations for the quarter ended December 31, 2021....

6 months ago - Business Wire

Great Ajax Corp. Schedules Its Fourth Quarter and Year End 2021 Financial Results Release for Thursday, March 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 fourth qu...

7 months ago - Business Wire

Great Ajax Corp. Announces Special Dividend

NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. (NYSE: AJX) (the “Company”) today announced that the Board of Directors of the Company declared a special cash dividend related to 2021 taxable income of $0.1...

9 months ago - Business Wire

Great Ajax (AJX) Surpasses Q3 Earnings Estimates

Great Ajax (AJX) delivered earnings and revenue surprises of 5.56% and -7.50%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

10 months ago - Zacks Investment Research

Recap: Great Ajax Q3 Earnings

Great Ajax (NYSE:AJX) reported its Q3 earnings results on Thursday, November 4, 2021 at 04:05 PM. Here's what investors need to know about the announcement.

10 months ago - Benzinga

Great Ajax Corp. Announces Results for the Quarter Ended September 30, 2021

NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. (NYSE: AJX), a Maryland corporation that is a real estate investment trust, today announces its results of operations for the quarter ended September 30, 2021...

10 months ago - Business Wire

Great Ajax (AJX) to Report Q3 Results: Wall Street Expects Earnings Growth

Great Ajax (AJX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

11 months ago - Zacks Investment Research

Great Ajax Corp. Schedules Its Third Quarter 2021 Financial Results Release For Thursday, November 4, 2021

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 qua...

11 months ago - Business Wire

Great Ajax Corp (AJX) Sees Hammer Chart Pattern: Time to Buy?

Great Ajax Corp (AJX) has been struggling lately, but the selling pressure may be coming to an end soon.

1 year ago - Zacks Investment Research

Surging Earnings Estimates Signal Upside for Great Ajax (AJX) Stock

Great Ajax (AJX) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

1 year ago - Zacks Investment Research

Great Ajax (AJX) Q2 Earnings Beat Estimates

Great Ajax (AJX) delivered earnings and revenue surprises of 35.48% and -2.52%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

Great Ajax Corp. Announces Results for the Quarter Ended June 30, 2021

NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. (NYSE: AJX), a Maryland corporation that is a real estate investment trust, today announces its results of operations for the quarter ended June 30, 2021. We ...

1 year ago - Business Wire

Great Ajax Corp. Schedules Its Second Quarter 2021 Financial Results Release For Thursday, August 5, 2021

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 qu...

1 year ago - Business Wire

Great Ajax (AJX) Earnings Expected to Grow: Should You Buy?

Great Ajax (AJX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 year ago - Zacks Investment Research

Great Ajax (AJX) Moves to Strong Buy: Rationale Behind the Upgrade

Great Ajax (AJX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

1 year ago - Zacks Investment Research