AJX - Great Ajax Corp.

NYSE - NYSE Delayed Price. Currency in USD
8.95
-0.25 (-2.72%)
At close: 4:00PM EDT
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Previous Close9.20
Open9.20
Bid0.00 x 1300
Ask0.00 x 800
Day's Range8.95 - 9.34
52 Week Range3.96 - 15.96
Volume91,877
Avg. Volume203,634
Market Cap205.228M
Beta (5Y Monthly)1.59
PE Ratio (TTM)6.99
EPS (TTM)1.28
Earnings DateAug. 04, 2020 - Aug. 10, 2020
Forward Dividend & Yield0.68 (7.39%)
Ex-Dividend DateMay 14, 2020
1y Target Est11.83
  • Thomson Reuters StreetEvents

    Edited Transcript of AJX earnings conference call or presentation 5-May-20 9:00pm GMT

    Q1 2020 Great Ajax Corp Earnings Call

  • Great Ajax Corp. Closes $30 Million Private Placement
    Business Wire

    Great Ajax Corp. Closes $30 Million Private Placement

    Great Ajax Corp. (NYSE: AJX) (the "Company") announced today that the Company has closed a private placement of $30 million of the Company’s preferred stock and warrants to affiliates of each of Flexpoint Ford LLC, Magnetar Capital LLC and Wellington Management Company LLP pursuant to a securities purchase agreement dated May 7, 2020. The Company issued 1,112,400 shares of the Company’s 7.25% Series A Fixed-to-Floating Rate Preferred Stock, liquidation preference $25.00 per share, and 87,600 shares of the Company’s 5.00% Series B Fixed-to-Floating Rate Preferred Stock, liquidation preference $25.00 per share, each at a purchase price per share of $25.00, and two series of five-year warrants to purchase an aggregate of 1,500,000 shares of the Company’s common stock, par value $0.01 per share, at an exercise price of $10.00 per share. Each series of warrants includes a put option that allows the holder to sell the warrants to the Company at a specified put price on or after August 7, 2023. The Company expects to use the net proceeds from the private placement to acquire mortgage loans and mortgage-related assets consistent with the Company’s investment strategy. Piper Sandler & Co. served as the Company’s financial adviser in connection with the private placement.

  • Great Ajax (AJX) Q1 2020 Earnings Call Transcript
    Motley Fool

    Great Ajax (AJX) Q1 2020 Earnings Call Transcript

    First quarter of 2020 was a noisy one, predominantly because of the fixed income market conditions and the economic environment in the month of March. In March, we navigated through the volatility, closed on joint venture loan investments that were purchased through a pre-funded securitization structure, and set ourselves up for Q2 and beyond.

  • Great Ajax (AJX) Q1 Earnings Lag Estimates
    Zacks

    Great Ajax (AJX) Q1 Earnings Lag Estimates

    Great Ajax (AJX) delivered earnings and revenue surprises of -93.55% and 19.97%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

  • Great Ajax Corp. Announces Results for the Quarter Ended March 31, 2020
    Business Wire

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

    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, 2020. We focus primarily on acquiring, investing in and managing a portfolio of RPLs secured by single-family residences and commercial properties and, to a lesser extent, NPLs. In addition to our continued focus on residential RPLs, we also originate and acquire small-balance commercial loans ("SBCs") secured by multi-family retail/residential and mixed use properties and acquire multi-family retail/residential and mixed use and commercial properties.

  • ACCESSWIRE

    Great Ajax Corp. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / May 5, 2020 / Great Ajax Corp. (NYSE:AJX) will be discussing their earnings results in their 2020 First Quarter Earnings call to be held on May 5, 2020 at 5:00 PM Eastern Time. ...

  • Great Ajax Corp. Schedules Its First Quarter 2020 Financial Results Release for Tuesday, May 5, 2020
    Business Wire

    Great Ajax Corp. Schedules Its First Quarter 2020 Financial Results Release for Tuesday, May 5, 2020

    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 quarter 2020 on Tuesday, May 5, 2020 at approximately 4:05 p.m. ET.

  • Great Ajax Corp. Closes $80 Million Private Placement
    Business Wire

    Great Ajax Corp. Closes $80 Million Private Placement

    Great Ajax Corp. (NYSE: AJX) (the "Company") announced today that the Company has closed its previously announced private placement of $80 million of the Company’s preferred stock and warrants to affiliates of Magnetar Capital LLC pursuant to a securities purchase agreement dated April 3, 2020. The Company issued 820,000 shares of the Company’s 7.25% Series A Fixed-to-Floating Rate Preferred Stock, liquidation preference $25.00 per share, and 2,380,000 shares of the Company’s 5.00% Series B Fixed-to-Floating Rate Preferred Stock, liquidation preference $25.00 per share, each at a purchase price per share of $25.00, and two series of five-year warrants to purchase an aggregate of 4,000,000 shares of the Company’s common stock, par value $0.01 per share, at an exercise price of $10.00 per share. Each series of warrants includes a put option that allows the holder to sell the warrants to the Company at a specified put price on or after July 6, 2023. In addition, the Company also granted the several purchasers an option to purchase up to an additional 800,000 shares of the Company’s Series A Preferred Stock and Series B Preferred Stock and warrants to purchase an aggregate of 1,000,000 shares of the Company’s common stock on the same terms. The Company expects to use the net proceeds from the private placement to acquire mortgage loans and mortgage-related assets consistent with the Company’s investment strategy. Piper Sandler & Co. served as the Company’s financial adviser in connection with the private placement.

  • Great Ajax Corp. Announces $80 Million Private Placement
    Business Wire

    Great Ajax Corp. Announces $80 Million Private Placement

    Great Ajax Corp. (NYSE: AJX) (the "Company") announced today that the Company has entered into a securities purchase agreement pursuant to which it has agreed to issue and sell $80 million of the Company’s preferred stock and warrants to affiliates of an institutional accredited investor in a private placement. The Company will issue 1,200,000 shares of the Company’s 7.25% Series A Fixed-to-Floating Rate Preferred Stock, liquidation preference $25.00 per share, and 2,000,000 shares of the Company’s 5.00% Series B Fixed-to-Floating Rate Preferred Stock, liquidation preference $25.00 per share, each at a purchase price per share of $25.00 and two series of five-year warrants to purchase an aggregate of 4,000,000 shares of the Company’s common stock at an exercise price of $10.00 per share. Each series of warrants includes a put option that will allow the holder to sell the warrants to the Company at a specified put price on or after July 6, 2023. In addition, the Company has granted the investor an option to purchase up to an additional 300,000 shares of the Company’s Series A Preferred Stock, 500,000 shares of the Company’s Series B Preferred Stock and warrants to purchase an aggregate of 1,000,000 shares of the Company’s common stock on the same terms. The Company expects to use the net proceeds from the private placement to acquire mortgage loans and mortgage-related assets consistent with the Company’s investment strategy.

  • Thomson Reuters StreetEvents

    Edited Transcript of AJX earnings conference call or presentation 3-Mar-20 10:00pm GMT

    Q4 2019 Great Ajax Corp Earnings Call

  • Great Ajax Corp. to Pay Previously Announced Dividend in Stock
    Business Wire

    Great Ajax Corp. to Pay Previously Announced Dividend in Stock

    Great Ajax Corp. (NYSE: AJX) (the "Company") announced today that the Company will pay its previously declared dividend of $0.32 per share in shares of the Company’s common stock (valued based upon the $9.14 per share closing price on the record date). As previously announced by the Company on February 27, 2020, the dividend will be payable on March 27, 2020 to the Company’s common stockholders of record as of March 17, 2020.

  • Great Ajax Corp. Announces Results for the Quarter Ended December 31, 2019
    Business Wire

    Great Ajax Corp. Announces Results for the Quarter Ended December 31, 2019

    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, 2019. We focus primarily on acquiring, investing in and managing a portfolio of RPLs secured by single-family residences and commercial properties and, to a lesser extent, NPLs. In addition to our continued focus on residential RPLs, we also originate and acquire SBCs secured by multi-family retail/residential and mixed use properties and acquire multi-family retail/residential and mixed use and commercial properties.

  • How Much Did Great Ajax Corp.'s (NYSE:AJX) CEO Pocket Last Year?
    Simply Wall St.

    How Much Did Great Ajax Corp.'s (NYSE:AJX) CEO Pocket Last Year?

    Larry Mendelsohn has been the CEO of Great Ajax Corp. (NYSE:AJX) since 2014. This report will, first, examine the CEO...

  • Thomson Reuters StreetEvents

    Edited Transcript of AJX earnings conference call or presentation 5-Nov-19 10:00pm GMT

    Q3 2019 Great Ajax Corp Earnings Call

  • Here's What You Should Know About Great Ajax Corp.'s (NYSE:AJX) 8.3% Dividend Yield
    Simply Wall St.

    Here's What You Should Know About Great Ajax Corp.'s (NYSE:AJX) 8.3% Dividend Yield

    Could Great Ajax Corp. (NYSE:AJX) be an attractive dividend share to own for the long haul? Investors are often drawn...

  • What to Expect From Starwood Property's (STWD) Q3 Earnings?
    Zacks

    What to Expect From Starwood Property's (STWD) Q3 Earnings?

    A low interest-rate environment and continued positive economic growth are expected to have supported Starwood Property's (STWD) portfolio growth in Q3.

  • Great Ajax (AJX) Lags Q3 Earnings Estimates
    Zacks

    Great Ajax (AJX) Lags Q3 Earnings Estimates

    Great Ajax (AJX) delivered earnings and revenue surprises of -10.00% and 2.57%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

  • What's in the Cards for Great Ajax's (AJX) Q3 Earnings?
    Zacks

    What's in the Cards for Great Ajax's (AJX) Q3 Earnings?

    Great Ajax's (AJX) Q3 results to reflect benefits from mortgage loan sales, as well as growth in net interest margin, aided by wider spreads.

  • Great Ajax (AJX) Earnings Expected to Grow: What to Know Ahead of Q3 Release
    Zacks

    Great Ajax (AJX) Earnings Expected to Grow: What to Know Ahead of Q3 Release

    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.

  • What Makes Great Ajax (AJX) a Strong Momentum Stock: Buy Now?
    Zacks

    What Makes Great Ajax (AJX) a Strong Momentum Stock: Buy Now?

    Does Great Ajax (AJX) have what it takes to be a top stock pick for momentum investors? Let's find out.

  • Did Great Ajax's (NYSE:AJX) Share Price Deserve to Gain 11%?
    Simply Wall St.

    Did Great Ajax's (NYSE:AJX) Share Price Deserve to Gain 11%?

    These days it's easy to simply buy an index fund, and your returns should (roughly) match the market. But investors...

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    Zacks

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    Top Ranked Income Stocks to Buy for September 19th

  • Zacks Market Edge Highlights: Xperi, Matthews, Great Ajax, First Business Financial and MidWest One
    Zacks

    Zacks Market Edge Highlights: Xperi, Matthews, Great Ajax, First Business Financial and MidWest One

    Zacks Market Edge Highlights: Xperi, Matthews, Great Ajax, First Business Financial and MidWest One

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    Top Ranked Income Stocks to Buy for August 28th

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