Great Ajax Corp. (AJX)

NYSE: AJX · Real-Time Price · USD
3.060
-0.220 (-6.71%)
Oct 7, 2024, 4:00 PM EDT - Market closed
-6.71%
Market Cap 139.56M
Revenue (ttm) -75.97M
Net Income (ttm) -115.63M
Shares Out 45.61M
EPS (ttm) -3.82
PE Ratio n/a
Forward PE n/a
Dividend $0.24 (7.72%)
Ex-Dividend Date Aug 15, 2024
Volume 388,243
Open 3.300
Previous Close 3.280
Day's Range 3.060 - 3.358
52-Week Range 3.060 - 6.670
Beta 1.84
Analysts Buy
Price Target 6.00 (+96.08%)
Earnings Date Oct 31, 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 96.08% from the latest price.

Price Target
$6.0
(96.08% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

2 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...

2 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.

3 months ago - Business Wire

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
3 months 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
4 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...

5 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...

6 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...

6 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
7 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, ...

7 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
7 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

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: An Otherwise Unimpressive High-Yielding mREIT Poised For Recovery

Great Ajax Corp. specializes in purchasing of poor-quality mortgage loans and making them perform - a strategy that may perform well during an economic recovery. AJX's earnings are most likely to reco...

1 year ago - Seeking Alpha