Home » Stocks » Great Ajax

Great Ajax Corp. (AJX)

Stock Price: $9.81 USD 0.33 (3.48%)
Updated Aug 10, 2020 4:00 PM EDT - Market closed

Stock Price Chart

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

Analyst Consensus: Buy

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

Year201920182017201620152014
Revenue64.9258.1654.8046.7037.576.27
Revenue Growth11.61%6.15%17.34%24.3%499.36%-
Gross Profit44.4238.3537.1132.9828.214.30
Operating Income37.6432.2431.4229.4725.793.75
Net Income34.7128.3428.9327.8424.753.42
Shares Outstanding19.7118.6418.0716.7414.718.36
Earnings Per Share1.591.431.511.651.680.40
EPS Growth11.19%-5.3%-8.48%-1.79%320%-
Dividend Per Share1.331.221.130.990.64-
Dividend Growth9.02%7.96%14.14%54.69%--
Operating Cash Flow-15.430.20-8.70-5.22-10.68-1.18
Capital Expenditures-9.921.7917.149.12-0.21-1.26
Free Cash Flow-25.341.998.453.90-10.89-2.44
Cash & Equivalents64.3655.1780.7636.9130.8353.10
Total Debt1,1861,2621,07367037099.93
Net Cash / Debt-1,121-1,207-992-633-339-46.83
Assets1,5771,6031,396957610273
Liabilities1,1931,2691,078675372101
Book Value360301290272228162
Numbers in millions USD, except per-share numbers.

Company Profile

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.