AJX

Great Ajax Corp. [AJX] Stock Forecast

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RSI : 000

AJX Stock Summary

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In the News

11:00 28 Mar 2024 AJX

Losers Of REIT Earnings Season

After covering the Winners of REIT Earnings Season last week, Part 2 of our Earnings Recap focuses on the worst-performing property sectors and common threads shared by these laggards. While there were no major "bombshells" this earnings season, there were pockets of relative weakness seen in the interest-rate-sensitive property sectors - net lease and office - along with goods-oriented sectors. Surging interest expense - not property-level fundamentals - was again the culprit behind much of this pain, underscoring the continued challenges facing more highly leveraged private real estate portfolios.

08:00 28 Mar 2024 AJX

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 Conference Call Participants Operator Good afternoon, ladies and gentlemen. Welcome to the Great Ajax Corporation Q3, 2023 Financial Results Conference call.

03:30 28 Mar 2024 AJX

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 afternoon. My name is Rob, and I will be your conference operator today.

09:01 28 Mar 2024 AJX

Great Ajax (AJX) Reports Q2 Loss, Misses Revenue Estimates

Great Ajax (AJX) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.01. This compares to earnings of $0.25 per share a year ago.

09:00 28 Mar 2024 AJX

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. Closing at the highest levels since April 2022, the S&P 500 advanced 2.4% this week, while the other major equity benchmarks - the Mid-Cap 400 and Small-Cap 600 - gained 3%. Real estate equities- the sector with perhaps the most potential upside from a "soft landing" scenario- were among the leaders for a third straight week. The Equity REIT Index gained 2.9%.

08:31 28 Mar 2024 AJX

Why Great Ajax Stock Was Surging This Week

The company is being bought out by a peer. The all-stock deal shakes out to a premium of 19% for Great Ajax shareholders.

07:08 28 Mar 2024 AJX

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 said each share of Great Ajax common stock will be converted into 0.5308 shares of Ellington Financial common stock, or approximately 12.5 million shares of Ellington Financial common stock valued at about $172.5 million.

06:55 28 Mar 2024 AJX

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 recover due to favorable economic environment, strong mortgage pipeline, and an anticipated dip in funding cost. I'm expecting AJX to report earnings growth in another 12 to 18 months and continue to offer a double-digit yield along with a steady quarterly pay-out.

09:00 28 Mar 2024 AJX

Inflation Cools, But Nobody Believes It

U.S. equity markets finished lower for a second-straight week as data showing an encouraging cooldown of inflationary pressures was offset by ongoing regional bank instability and an unresolved debt ceiling standoff. Declining for a second week after ending April at its highest levels of the year, the S&P 500 slipped 0.3% on the week, but the tech-heavy Nasdaq 100 gained nearly 1%.

09:00 28 Mar 2024 AJX

Fed Hikes, Turmoil Ensues

U.S. equity markets finished lower on a turbulent week after the Federal Reserve continued its historically-aggressive monetary tightening course, sparking renewed turmoil in the regional banking sector. After closing at its highest levels since early February last week, the S&P 500 slipped 0.8% this week, using a late-week rebound to pare its steepest four-day declines since the SVB collapse.

AJX Financial details

Company Rating
Sell
Market Cap
101.88M
Income
-47.59M
Revenue
11.96M
Book val./share
11.47
Cash/share
6.85
Dividend
0.76
Dividend %
14.31%
Employees
-
Optionable
No
Shortable
Yes
Earnings
02 May 2024
P/E
-4.08
Forward P/E
18.78
PEG
-0.22
P/S
3.51
P/B
0.4
P/C
0.55
P/FCF
-3.99
Quick Ratio
-
Current Ratio
-
Debt / Equity
3.23
LT Debt / Equity
2
-
-
EPS (TTM)
-1.9
EPS next Y
0.2
EPS next Q
0.11
EPS this Y
193.94%
EPS next Y
-110.53%
EPS next 5Y
-110.53%
EPS last 5Y
NAN%
Revenue last 5Y
6.2%
Revenue Q/Q
173.46%
EPS Q/Q
236%
-
-
-
-
SMA20
-
SMA50
-20%
SMA100
-
Inst Own
49.17%
Inst Trans
0.81%
ROA
-2%
ROE
-10%
ROC
-0.01%
Gross Margin
-
Oper. Margin
-46%
Profit Margin
-75%
Payout
-76%
Shs Outstand
27.46M
Shs Float
25.84M
-
-
-
-
Target Price
11
52W Range
3.3-7.2
52W High
-46.36%
52W Low
+25.17%
RSI
36
Rel Volume
0.43
Avg Volume
203.49K
Volume
87.22K
Perf Week
4.31%
Perf Month
-22.42%
Perf Quarter
-41.78%
Perf Half Y
-42.23%
-
-
-
-
Beta
1.845
-
-
Volatility
0.06%, 0.47%
Prev Close
3.73%
Price
3.755
Change
3.73%

AJX Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2023-12-31

Metric History 2019-12-312020-12-312021-12-312022-12-31 2023-12-31
2.02K2.02K2.02K2.02K2.02K
Revenue per share
1.651.591.051.572.58
Net income per share
1.2311.38-0.66-1.94
Operating cash flow per share
-0.55-0.61-0.510.05-1.91
Free cash flow per share
-0.55-0.61-0.510.05-1.91
Cash per share
2.284.732.7945.587.59
Book value per share
12.7721.4416.4314.7412.72
Tangible book value per share
28.5842.3235.7314.8412.8
Share holders equity per share
12.7721.4416.4314.7412.72
Interest debt per share
44.1951.4741.6836.3643.5
Market cap
403.16M236.83M398.25M164.92M128.72M
Enterprise value
1.11B825.14M992.24M794.58M1.07B
P/E ratio
11.6210.479.52-11.04-2.73
Price to sales ratio
8.696.5712.54.632.05
POCF ratio
-26.13-17.05-25.99145.3-2.77
PFCF ratio
-26.13-17.05-25.99145.3-2.77
P/B Ratio
1.120.490.80.490.42
PTB ratio
1.120.490.80.490.42
EV to sales
23.9322.8831.1422.317.12
Enterprise value over EBITDA
31.4329.0523.5744.67-21.89
EV to operating cash flow
-71.97-59.41-64.75700.07-23.1
EV to free cash flow
-71.97-59.41-64.75700.07-23.1
Earnings yield
0.090.10.11-0.09-0.37
Free cash flow yield
-0.04-0.06-0.040.01-0.36
Debt to equity
3.292.32.462.343.23
Debt to assets
0.750.680.70.530.75
Net debt to EBITDA
20.0220.7214.1135.4-19.27
Current ratio
0.190.280.189.780.49
Interest coverage
0.590.581.150.40.56
Income quality
-0.42-0.41-0.37-0.080.99
Dividend Yield
0.070.070.070.180.16
Payout ratio
0.760.770.69-2.01-0.44
Sales general and administrative to revenue
0.050.060.090.090.06
Research and developement to revenue
00000
Intangibles to total assets
00000
Capex to operating cash flow
00000
Capex to revenue
00000
Capex to depreciation
00000
Stock based compensation to revenue
0.080.020.040.050.02
Graham number
18.8221.9522.6114.7623.55
ROIC
0.020.020.020.020.03
Return on tangible assets
0.020.010.02-0.01-0.04
Graham Net
-24.65-25.46-17.3-4.59-34.4
Working capital
-339.87M-320.88M-475.47M930.88M-191.35M
Tangible asset value
805.31M958.27M1.08B337.47M310.9M
Net current asset value
-690.18M-572.56M-573.08M-110.03M-841M
Invested capital
3.292.32.462.343.23
Average receivables
15.8M16.38M18.33M14.17M7.38M
Average payables
00000
Average inventory
0.5154.82M54.82M0.5
Days sales outstanding
133.8159.45239.3876.3142.55
Days payables outstanding
00000
Days of inventory on hand
002.4K00
Receivables turnover
2.732.291.524.788.58
Payables turnover
00000
Inventory turnover
21M211K0.1516.34M0
ROE
0.10.050.08-0.04-0.15
Capex per share
00000

Quarterly Fundamentals Overview

Last date of statement is 2023-12-31 for Q4

Metric History 2022-12-312023-03-312023-06-302023-09-30 2023-12-31
2.02K2.02K2.02K2.02K2.02K
Revenue per share
1.760.02-0.090.150.37
Net income per share
-0.28-0.32-0.49-0.25-0.84
Operating cash flow per share
-0.13-0.73-0.29-0.42-0.48
Free cash flow per share
-0.13-0.73-0.29-0.42-0.48
Cash per share
46.188.557.858.126.85
Book value per share
14.9414.4213.5413.3411.47
Tangible book value per share
15.0358.356.0152.9611.54
Share holders equity per share
14.9414.4213.5413.3411.47
Interest debt per share
35.5447.946.342.1637.57
Market cap
162.78M150.82M142.53M154.57M142.74M
Enterprise value
792.44M765.79M750.54M725.46M1.09B
P/E ratio
-6.48-5.12-3.1-6.35-1.58
Price to sales ratio
4.12279.3-70.6342.9514.5
POCF ratio
-56.13-8.97-20.86-15.43-11.14
PFCF ratio
-56.13-8.97-20.86-15.43-11.14
P/B Ratio
0.490.460.450.480.46
PTB ratio
0.490.460.450.480.46
EV to sales
20.081.42K-371.92201.57110.47
Enterprise value over EBITDA
157.42-33.63-295.021K744.16
EV to operating cash flow
-273.26-45.57-109.87-72.42-84.87
EV to free cash flow
-273.26-45.57-109.87-72.42-84.87
Earnings yield
-0.04-0.05-0.08-0.04-0.16
Free cash flow yield
-0.02-0.11-0.05-0.06-0.09
Debt to equity
2.343.283.373.213.23
Debt to assets
0.530.750.760.750.75
Net debt to EBITDA
125.08-27-239790.7646.46
Current ratio
9.780.360.330.370.49
Interest coverage
0.34-1.49-0.17-0.050.25
Income quality
0.462.280.61.820.57
Dividend Yield
0.040.040.040.030.03
Payout ratio
-1.08-0.87-0.46-0.88-0.16
Sales general and administrative to revenue
0.021.73-0.460.170.08
Research and developement to revenue
00000
Intangibles to total assets
00000
Capex to operating cash flow
00000
Capex to revenue
00000
Capex to depreciation
00000
Stock based compensation to revenue
0.011.11-0.140.10.02
Graham number
9.710.2112.278.7314.73
ROIC
0-0.02000
Return on tangible assets
0-0.01-0.010-0.02
Graham Net
-4.655.564.724.11-31.02
Working capital
930.88M-353.1M-364.51M-329.07M-191.35M
Tangible asset value
337.47M1.34B1.3B1.27B310.9M
Net current asset value
-110.03M92.43M78.9M91.43M-841M
Invested capital
2.343.283.373.213.23
Average receivables
8.13M8.54M8.57M8.59M8.49M
Average payables
00000
Average inventory
127.72M52.9M25.18M0.5
Days sales outstanding
16.991.6K-335.11241.8966.82
Days payables outstanding
00000
Days of inventory on hand
02.68K2.48K00
Receivables turnover
5.30.06-0.270.371.35
Payables turnover
00000
Inventory turnover
35.64M0.030.042.27M0
ROE
-0.02-0.02-0.04-0.02-0.07
Capex per share
00000

AJX Frequently Asked Questions

What is Great Ajax Corp. stock symbol ?

Great Ajax Corp. is a US stock , located in Tigard of Or and trading under the symbol AJX

Is Great Ajax Corp. buy or a sell ?

3 stock analysts have 3 predictions with a medium analyst target price of $11. The lowest prediction is $6 and the highest is $16

What is AJX stock prediction ?

With a median analyst target price of $6, 1 stock analysts have made 1 forecasts in last 90 days. $6 is the lowest and $6 is the greatest projection.

What is Great Ajax Corp. stock quote today ?

Great Ajax Corp. stock price is $3.755 today.

Is Great Ajax Corp. stock public?

Yes, Great Ajax Corp. is a publicly traded company.

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