Great Ajax Corp. (AJX)
Stock Price:
$9.81 USD
0.33 (3.48%)
Updated Aug 10, 2020 4:00 PM EDT - Market closed
Key Info
| Market Cap |
224.95M |
| Revenue (ttm) |
51.42M |
| Net Income (ttm) |
22.83M |
| Shares Out |
22.93M |
| EPS (ttm) |
0.96 |
| PE Ratio |
10.22 |
| Forward PE |
8.73 |
| Dividend |
$0.68 |
| Dividend Yield |
6.93% |
Stock Quote
| Trading Day |
Aug 10, 2020 |
| Last Price |
$9.81 |
| Previous Close |
$9.48 |
| Change ($) |
0.33 |
| Change (%) |
3.48% |
| Day's Open |
9.58 |
| Day's Range |
9.58 - 9.92 |
| Day's Volume |
88,691 |
| 52-Week Range |
3.96 - 15.95 |
More Stats
| Market Cap |
224.95M |
| Enterprise Value |
1.18B |
| Earnings Date (est) |
Nov 10, 2020 |
| Ex-Dividend Date |
May 14, 2020 |
| Shares Outstanding |
22.93M |
| Float |
22.26M |
| EPS (basic) |
0.98 |
| EPS (diluted) |
0.96 |
| FCF / Share |
-0.95 |
| Dividend |
$0.68 |
| Dividend Yield |
6.93% |
| Earnings Yield |
9.79% |
| FCF Yield |
n/a |
| Payout Ratio |
115.30% |
| Shares Short |
394,051 |
| Short Ratio |
2.25 |
| Short % of Float |
3.34% |
| Beta |
1.55 |
| PE Ratio |
10.22 |
| Forward PE |
8.73 |
| P/FCF Ratio |
n/a |
| PS Ratio |
4.37 |
| PB Ratio |
0.60 |
| Revenue |
51.42M |
| Operating Income |
26.13M |
| Net Income |
22.83M |
| Free Cash Flow |
-21.55M |
| Net Cash |
-958.01M |
| Net Cash / Share |
-41.78 |
| Gross Margin |
98.63% |
| Operating Margin |
50.81% |
| Profit Margin |
39.30% |
| FCF Margin |
-41.91% |
| ROA |
1.62% |
| ROE |
6.08% |
| ROIC |
0.80% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Summary
Analyst Ratings (3)
| Buy |
2 |
| Overweight |
1 |
| Hold |
0 |
| Underweight |
0 |
| Sell |
0 |
Price Target
$11.75*
(19.78% upside)
Low
10.5
Current: $9.81
High
13.0
Target: 11.75
*Average 12-month price target from 4 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|
| Revenue | 64.92 | 58.16 | 54.80 | 46.70 | 37.57 | 6.27 |
| Revenue Growth | 11.61% | 6.15% | 17.34% | 24.3% | 499.36% | - |
| Gross Profit | 44.42 | 38.35 | 37.11 | 32.98 | 28.21 | 4.30 |
| Operating Income | 37.64 | 32.24 | 31.42 | 29.47 | 25.79 | 3.75 |
| Net Income | 34.71 | 28.34 | 28.93 | 27.84 | 24.75 | 3.42 |
| Shares Outstanding | 19.71 | 18.64 | 18.07 | 16.74 | 14.71 | 8.36 |
| Earnings Per Share | 1.59 | 1.43 | 1.51 | 1.65 | 1.68 | 0.40 |
| EPS Growth | 11.19% | -5.3% | -8.48% | -1.79% | 320% | - |
| Dividend Per Share | 1.33 | 1.22 | 1.13 | 0.99 | 0.64 | - |
| Dividend Growth | 9.02% | 7.96% | 14.14% | 54.69% | - | - |
| Operating Cash Flow | -15.43 | 0.20 | -8.70 | -5.22 | -10.68 | -1.18 |
| Capital Expenditures | -9.92 | 1.79 | 17.14 | 9.12 | -0.21 | -1.26 |
| Free Cash Flow | -25.34 | 1.99 | 8.45 | 3.90 | -10.89 | -2.44 |
| Cash & Equivalents | 64.36 | 55.17 | 80.76 | 36.91 | 30.83 | 53.10 |
| Total Debt | 1,186 | 1,262 | 1,073 | 670 | 370 | 99.93 |
| Net Cash / Debt | -1,121 | -1,207 | -992 | -633 | -339 | -46.83 |
| Assets | 1,577 | 1,603 | 1,396 | 957 | 610 | 273 |
| Liabilities | 1,193 | 1,269 | 1,078 | 675 | 372 | 101 |
| Book Value | 360 | 301 | 290 | 272 | 228 | 162 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
Great Ajax Corp. |
| Country |
United States |
| CEO |
Lawrence A. Mendelsohn |
Stock Information
| Ticker Symbol |
AJX |
| Stock Exchange |
New York Stock Exchange |
| Sector |
Real Estate |
| Industry |
REIT—Mortgage |
| Unique Identifier |
NYSE: AJX |
| IPO Date |
February 13, 2015 |
Description
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 provides loans secured by multi-family residential and smaller commercial mixed-use retail/residential properties; and invests in multi-family residential and smaller commercial mixed use retail/residential properties. The company elected to be taxed as a real estate investment trust for U.S. federal income tax purposes. It generally would not be subject to federal corporate income taxes, if it distributes at least 90% of its taxable income to its stockholders. Great Ajax Corp. was founded in 2014 and is based in Beaverton, Oregon.