Great Ajax Corp. (AJX)

$8.8

+0.03 (+0.34%)
Rating:
Recommendation:
Strong Buy
Symbol AJX
Price $8.8
Beta 1.715
Volume Avg. 0.07M
Market Cap 201.455M
Shares () -
52 Week Range 7.02-12.766
1y Target Est -
DCF Unlevered AJX DCF ->
DCF Levered AJX LDCF ->
ROE -2.84% Neutral
ROA -0.82% Neutral
Operating Margin -
Debt / Equity 336.50% Strong Buy
P/E 19.56 Strong Buy
P/B 0.57 Buy
Annual
Quarter

Earnings

Consensus EPS

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Latest AJX news


Mr. Lawrence Mendelsohn
Real Estate
REIT—Mortgage
New York Stock Exchange

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.