AJX

Great Ajax Corp. [AJX] Stock Forecast

Q: 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

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AJX Stock Summary

Has a high level of debt. Debt-to-Equity ratio of 3.42 is considered high.

Earnings are expected to fall -100% next year

Unstable dividend track record

EPS has been decreasing for the past 3 years (Yearly statements)

AJX's dividend payments are not well covered by cash flows due to its high cash payout ratio (84.69%).

AJX has less than 1 year of cash runway

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In the News

09:00 25 Mar 2023 AJX

Mortgage REITs: High Yield Opportunity And Risk

Mortgage REITs have been slammed by the fallout of the ongoing regional banking crisis amid a resurgence of interest rate volatility and credit concerns, erasing their once-robust gains for 2023. Commercial mREITs' exposure to the troubled office sector has come into focus following a wave of mega-sized loan defaults from over-levered private owners. We examine these REITs' sector-by-sector exposure.

09:00 25 Mar 2023 AJX

Warm Winter For Global Economy

U.S. equity markets rebounded following their worst week of the year as investors parsed data showing surprising resilience in global economic activity this winter despite stiff interest rate headwinds. Snapping a three-week skid and notching its best week since late January, the S&P 500 advanced 2.0% this week, while the tech-heavy Nasdaq 100 rallied nearly 3%.

09:04 25 Mar 2023 AJX

Great Ajax (AJX) Reports Q4 Loss, Misses Revenue Estimates

Great Ajax (AJX) delivered earnings and revenue surprises of -126.32% and 59.40%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

07:55 25 Mar 2023 AJX

Great Ajax Corp. (AJX) Q4 2022 Earnings Call Transcript

Great Ajax Corp. (NYSE:AJX ) Q4 2022 Earnings Conference Call March 2, 2023 5:00 PM ET Company Participants Larry Mendelsohn - Chief Executive Officer Conference Call Participants Brad Capuzzi - Piper Sandler Operator Ladies and gentlemen, thank you for standing by. My name is Brent, and I will be your conference operator today.

06:28 25 Mar 2023 AJX

Great Ajax Corp. (AJX) Q3 2022 Earnings Call Transcript

Great Ajax Corp. (NYSE:AJX ) Q3 2022 Earnings Conference Call November 3, 2022 5:00 PM ET Company Participants Larry Mendelsohn - Chief Executive Officer Conference Call Participants Brad Capuzzi - Piper Sandler Matt Howlett - B. Riley Operator Please standby, we are about to begin.

10:19 25 Mar 2023 AJX

Examining 2022 To Date; And Looking Ahead

My current view of securities discussed in my Seeking Alpha articles from earlier in 2022 are presented. Such securities include BLOK, CLAR, BITQ, AJX, AJXA, GECC and EPV.

01:37 25 Mar 2023 AJX

7 Cheap High-Yield Dividend Stocks to Buy Now

Dividend-paying stocks tend to attract investors seeking a regular source of income. Although these companies do not grow above industry average, they assure a stable source of income.

10:06 25 Mar 2023 AJX

Great Ajax Corp.: A Lot To Prove, But The Senior Notes Look Alright

Great Ajax Corp. has been a public company since 2015. Since that time, the Company's track record is not impressive.

12:26 25 Mar 2023 AJX

Great Ajax Corp.'s (AJX) CEO Larry Mendelsohn on Q2 2022 Results - Earnings Call Transcript

Great Ajax Corp. (NYSE:AJX ) Q2 2022 Earnings Conference Call August 4, 2022 5:00 PM ET Company Participants Larry Mendelsohn – Chief Executive Officer Conference Call Participants Eric Hagen – BTIG Kevin Barker – Piper Sandler Matt Howlett – B. Riley Operator Good afternoon.

08:18 25 Mar 2023 AJX

Great Ajax (AJX) Q2 Earnings and Revenues Miss Estimates

Great Ajax (AJX) delivered earnings and revenue surprises of -16.67% and 15.81%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

AJX Financial details

Company Rating

Buy

Market Cap

137.4M

Income

-28.68M

Revenue

35.64M

Book val./share

14.72

Cash/share

45.52

Dividend

1.05

Dividend %

16.77%

Employees

Optionable

Shortable

Yes

Earnings

03 May 2023

P/E

-4.97

Forward P/E

PEG

0.27

P/S

P/B

0.43

P/C

0.14

P/FCF

127578800.03

Quick Ratio

9.78

Current Ratio

9.78

Debt / Equity

3.42

LT Debt / Equity

0.31

EPS (TTM)

-1.26

EPS next Y

EPS next Q

EPS this Y

-184.46%

EPS next Y

EPS next 5Y

EPS last 5Y

NAN%

Revenue last 5Y

-3.04%

Revenue Q/Q

-86.93%

EPS Q/Q

-58.33%

SMA20

-27.86%

SMA50

-18.02%

SMA100

-20.28%

Inst Own

63.43%

Inst Trans

0.53%

ROA

-2%

ROE

-7%

ROC

Gross Margin

58%

Oper. Margin

Profit Margin

-80%

Payout

-2%

Shs Outstand

23.13M

Shs Float

22.28M

Target Price

13.5

52W Range

5.91-11.78

52W High

-41.55%

52W Low

+28.6%

RSI

32.69

Rel Volume

1.14

Avg Volume

84.01K

Volume

95.41K

Perf Week

-3.89%

Perf Month

-26.35%

Perf Quarter

-14.38%

Perf Half Y

-29.96%

Beta

1.76324

Volatility

0.16%, 1.07%

Prev Close

2.72%

Price

6.43

Change

1.9%

AJX Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-09-30

Metric	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-09-30
Revenue per share	2.23	2.38	1.59	3.41	1.56
Net income per share	1.52	1.76	1.26	0	-1.25
Operating cash flow per share	0.01	-0.78	-0.61	-0.67	0
Free cash flow per share	0.01	-0.78	-0.61	-0.67	0
Cash per share	2.96	3.26	4.73	50.97	47.23
Book value per share	16.14	18.26	21.44	21.9	15.29
Tangible book value per share	17.93	19.49	22.72	21.9	15.38
Share holders equity per share	16.14	18.26	21.44	21.9	15.29
Interest debt per share	41.9	42.15	32.87	2.89	11.11
Market cap	224.64M	291.91M	236.83M	300.74M	171.63M
Enterprise value	897.22M	999.1M	825.14M	319.16M	308.96M
P/E ratio	7.93	8.41	8.31	0	-5.98
Price to sales ratio	5.4	6.22	6.58	3.86	4.82
POCF ratio	1.14K	-18.92	-17.05	-19.63	151.21M
PFCF ratio	1.14K	-18.92	-17.05	-19.63	151.21M
P/B Ratio	0.75	0.81	0.49	0.6	0.49
PTB ratio	0.75	0.81	0.49	0.6	0.49
EV to sales	21.57	21.27	22.91	4.09	8.67
Enterprise value over EBITDA	10.96	10.56	10.7	1.32K	17.37
EV to operating cash flow	4.55K	-64.76	-59.41	-20.83	272.21M
EV to free cash flow	4.55K	-64.76	-59.41	-20.83	272.21M
Earnings yield	0.13	0.12	0.12	0	-0.17
Free cash flow yield	0	-0.05	-0.06	-0.05	0
Debt to equity	4.22	3.31	2.35	2.52	3.37
Debt to assets	0.79	0.76	0.69	0.72	0.77
Net debt to EBITDA	8.21	7.47	7.63	76.43	7.72
Current ratio	0.14	0.22	0	0	10.17
Interest coverage	0	0	0	0	0
Income quality	0.01	-0.44	-0.49	0	-0.08
Dividend Yield	0.1	0.09	0.07	0	0
Payout ratio	0.81	0.76	0.61	0	0
Sales general and administrative to revenue	0.06	0.05	0.06	0.04	0.06
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0	0	0	0	0
Capex to operating cash flow	-80.41	1.77	0	0	0
Capex to revenue	-0.38	-0.58	0	0	0
Capex to depreciation	-102.2	-54.82	0	0	0
Stock based compensation to revenue	0.1	0.08	0.02	0.02	0
Graham number	23.49	26.89	24.64	0	20.78
ROIC	0	0	0	0	0
Return on tangible assets	0.02	0.02	0.02	0	-0.02
Graham Net	-64.5	-56.6	-45.06	-4.13	-4.21
Working capital	-463.46M	-330.21M	107.15M	1.16B	973.11M
Tangible asset value	334.28M	384.08M	514.49M	500.47M	351.5M
Net current asset value	-1.19B	-1.1B	-1.03B	-94.35M	-96.2M
Invested capital	2.42	2.14	1.43	0.21	0.6
Average receivables	15.8M	15.8M	16.38M	7.88M	0
Average payables	0	0	0	0	0
Average inventory	0	0	0	0	0
Days sales outstanding	128.02	132.23	159.68	0	0
Days payables outstanding	0	0	0	0	0
Days of inventory on hand	0	0	0	0	0
Receivables turnover	2.85	2.76	2.29	0	0
Payables turnover	0	0	0	0	0
Inventory turnover	0	0	0	0	0
ROE	0.09	0.1	0.06	0	-0.08
Capex per share	-0.85	-1.39	0	0	0

Quarterly Fundamentals Overview

Last date of statement is 2022-12-31 for Q4

Metric	2021-12-31	2022-03-31	2022-06-30	2022-09-30	2022-12-31
Revenue per share	0.85	0.65	0.39	0.47	0.06
Net income per share	0.41	0.16	-0.4	-0.72	-0.3
Operating cash flow per share	0	-0.4	0.58	0	-0.18
Free cash flow per share	0	-0.4	0.58	0	-0.18
Cash per share	50.86	49.52	47.25	47.89	45.52
Book value per share	21.85	21.18	19.05	15.5	14.72
Tangible book value per share	21.85	21.28	19.15	15.6	14.81
Share holders equity per share	21.85	21.18	19.05	15.5	14.72
Interest debt per share	4.1	4.91	4.97	9.83	9.87
Market cap	301.43M	268.68M	218.22M	169.27M	165.15M
Enterprise value	319.85M	301.71M	270.51M	306.6M	327.6M
P/E ratio	8.12	18.73	-5.94	-2.6	-6.04
Price to sales ratio	15.54	17.95	24.89	16.09	120.11
POCF ratio	-2.69K	-29.33	16.46	-2.64K	-40.93
PFCF ratio	-2.69K	-29.33	16.46	-2.64K	-40.93
P/B Ratio	0.6	0.55	0.5	0.48	0.49
PTB ratio	0.6	0.55	0.5	0.48	0.49
EV to sales	16.49	20.15	30.85	29.14	238.26
Enterprise value over EBITDA	1.03K	22.85	50.69	-185.59	65.08
EV to operating cash flow	-2.86K	-32.93	20.4	-4.79K	-81.19
EV to free cash flow	-2.86K	-32.93	20.4	-4.79K	-81.19
Earnings yield	0.03	0.01	-0.04	-0.1	-0.04
Free cash flow yield	0	-0.03	0.06	0	-0.02
Debt to equity	2.52	2.47	2.65	3.37	3.42
Debt to assets	0.72	0.71	0.73	0.77	0.77
Net debt to EBITDA	59.23	2.5	9.8	-83.13	32.27
Current ratio	0	0	0	10.17	9.78
Interest coverage	0	0	0	0	0
Income quality	-0.01	-2.55	-1.44	0.02	-0.47
Dividend Yield	0	0	0	0	0
Payout ratio	0	0.03	-0.01	-0.01	-0.04
Sales general and administrative to revenue	0.05	0.02	0.05	0.06	0.45
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0	0	0	0	0
Capex to operating cash flow	0	0	0	0	0
Capex to revenue	0	0	0	0	0
Capex to depreciation	0	0	0	0	0
Stock based compensation to revenue	0.02	0.05	0.04	0.04	-1.12
Graham number	14.11	8.64	13.15	15.86	9.97
ROIC	0	0	0	0	0
Return on tangible assets	0.01	0	-0.01	-0.01	0
Graham Net	-4.12	-2.8	-3.25	-4.27	-4.83
Working capital	1.16B	1.13B	1.08B	973.11M	930.88M
Tangible asset value	500.47M	487.5M	435.79M	351.5M	337.47M
Net current asset value	-94.35M	-64.18M	-73.86M	-96.2M	-110.03M
Invested capital	0.21	0.21	0.24	0.6	0.63
Average receivables	9.06M	0	0	0	0
Average payables	0	0	0	0	0
Average inventory	0	0	0	0	0
Days sales outstanding	0	0	0	0	0
Days payables outstanding	0	0	0	0	0
Days of inventory on hand	0	0	0	0	0
Receivables turnover	0	0	0	0	0
Payables turnover	0	0	0	0	0
Inventory turnover	0	0	0	0	0
ROE	0.02	0.01	-0.02	-0.05	-0.02
Capex per share	0	0	0	0	0

AJX Dividend History

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 ?

2 stock analysts have 2 predictions with a medium analyst target price of $13.5. The lowest prediction is $11 and the highest is $16

What is AJX stock prediction ?

What is Great Ajax Corp. stock quote today ?

Great Ajax Corp. stock price is $6.43 today.

Is Great Ajax Corp. stock public?

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

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Company Profile

Volume Average 84.01K
Market Capitalization 137.4M
CEO Mr. Lawrence A. Mendelsohn
Headquarters Tigard,OR,US
IPO Date 2015-02-13
Website https://www.greatajax.com

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 properties through a foreclosure event of a loan or a direct acquisition. 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 incorporated in 2014 and is based in Tigard, Oregon.