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Great Ajax Corp. (AJX)

NYSE: AJX · IEX Real-Time Price · USD
13.02 -0.51 (-3.77%)
Nov 26, 2021 1:00 PM EST - Market closed
Market Cap305.33M
Revenue (ttm)81.06M
Net Income (ttm)37.53M
Shares Out23.45M
EPS (ttm)1.55
PE Ratio8.39
Forward PE6.93
Dividend$0.81 (6.22%)
Ex-Dividend DateNov 12, 2021
Volume78,908
Open13.66
Previous Close13.53
Day's Range12.79 - 13.32
52-Week Range9.62 - 14.74
Beta1.72
AnalystsBuy
Price Target17.40 (+33.6%)
Earnings DateNov 4, 2021

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...

IndustryMortgage Real Estate Investment Trusts (REITs)
IPO DateFeb 13, 2015
CEOLawrence Mendelsohn
CountryUnited States
Stock ExchangeNYSE
Ticker SymbolAJX
Full Company Profile

Financial Performance

In 2020, Great Ajax's revenue was $63.61 million, a decrease of -2.01% compared to the previous year's $64.92 million. Earnings were $28.50 million, a decrease of -17.89%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for Great Ajax stock is "Buy." The 12-month stock price forecast is 17.40, which is an increase of 33.64% from the latest price.

Price Target
$17.40
(33.64% upside)
Analyst Consensus: Buy

News

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?

3 weeks 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.

3 weeks 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...

3 weeks 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.

4 weeks 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...

4 weeks 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 month 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.

3 months 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?

3 months 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 ...

3 months 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...

3 months 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.

4 months 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).

4 months ago - Zacks Investment Research

Can Great Ajax (AJX) Run Higher on Rising Earnings Estimates?

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

5 months ago - Zacks Investment Research

Recap: Great Ajax Q1 Earnings

Shares of Great Ajax (NYSE:AJX) rose 0.2% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share were down 100.00% over the past year to ($0.02), which missed ...

6 months ago - Benzinga

Great Ajax (AJX) Surpasses Q1 Earnings Estimates

Great Ajax (AJX) delivered earnings and revenue surprises of 3.45% and -26.13%, respectively, for the quarter ended March 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 March 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 March 31, 2021. We...

6 months ago - Business Wire

Great Ajax Corp. Schedules Its First Quarter 2021 Financial Results Release For Thursday, May 6, 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 first qua...

6 months ago - Business Wire

Why Great Ajax (AJX) is Poised to Beat Earnings Estimates Again

Great Ajax (AJX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

7 months ago - Zacks Investment Research

Great Ajax (AJX) Upgraded to Strong Buy: What Does It Mean for the Stock?

Great Ajax (AJX) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

7 months ago - Zacks Investment Research

Great Ajax (AJX) Tops Q4 Earnings and Revenue Estimates

Great Ajax (AJX) delivered earnings and revenue surprises of 86.36% and 4.33%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

8 months ago - Zacks Investment Research

Great Ajax: Q4 Earnings Insights

Shares of Great Ajax (NYSE:AJX) fell in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share rose 32.26% over the past year to $0.41, which beat the estimate ...

8 months ago - Benzinga

Great Ajax Corp. Announces Results for the Quarter Ended December 31, 2020

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, 2020....

8 months ago - Business Wire

Great Ajax Corp. Schedules Its Fourth Quarter and Year End 2020 Financial Results Release for Thursday, March 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 fourth qu...

9 months ago - Business Wire

Great Ajax (AJX) Upgraded to Buy: What Does It Mean for the Stock?

Great Ajax (AJX) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

9 months ago - Zacks Investment Research

Great Ajax: Reversion To Historical P/B Yields 33.7% Capital Appreciation

Great Ajax Corp. (AJX) is a small-cap mREIT that manages a portfolio of mortgage loans secured by single-family properties. AJX is undervalued with potential for 33.7% capital appreciation upon reversio...

10 months ago - Seeking Alpha