Great Ajax Corp.

AJX

US38983D3008

Specialized REITs

Market Closed - Nyse Other stock markets 04:00:01 2024-04-25 pm EDT			5-day change	1st Jan Change
3.44 ^USD	-2.82%		+1.18%	-35.09%

Mar. 21	B. Riley Lowers Great Ajax's PT to $6 From $8 After Proposed Management Agreement With Rithm Capital, Model Update; Keeps Buy Rating	MT
Feb. 27	Rithm Capital, Great Ajax Sign Strategic Transaction	MT

Great Ajax Corp. Announces Unaudited Consolidated Earnings Results for the Second Quarter Ended June 30, 2020

August 03, 2020

Great Ajax Corp. announced unaudited consolidated earnings results for the second quarter ended June 30, 2020. For the quarter, the company announced net interest income of USD 10.647 million against USD 12.689 million a year ago. Total revenue, net was USD 16.327 million against USD 20.703 million a year ago. Net income was USD 8.818 million against USD 13.626 million a year ago. Basic earnings per share was USD 0.27 against USD 0.67 a year ago.

Latest news about Great Ajax Corp.

B. Riley Lowers Great Ajax's PT to $6 From $8 After Proposed Management Agreement With Rithm Capital, Model Update; Keeps Buy Rating	Mar. 21	MT
Rithm Capital, Great Ajax Sign Strategic Transaction	Feb. 27	MT
Great Ajax Corp. Declares Cash Dividend, Payable on March 29, 2024	Feb. 27	CI
Great Ajax Corp. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 26	CI
Great Ajax Corp. Reports Earnings Results for the Fourth Quarter Ended December 30, 2023	Feb. 26	CI
Rithm Capital, Great Ajax Enter a Strategic Transaction	Feb. 26	DJ
Great Ajax Corp. announced that it expects to receive $13.999998 million in funding from Rithm Capital Corp.	Feb. 25	CI
North American Morning Briefing : Stock Futures -2-	Jan. 16	DJ
B. Riley Lowers Great Ajax's PT to $8 From $10 After Lower-Than-Expected Q3 Earnings, Says Remains on Sidelines; Maintains Buy Rating	Nov. 09	MT
Tranche Update on Great Ajax Corp.'s Equity Buyback Plan announced on March 3, 2020.	Nov. 03	CI
Transcript : Great Ajax Corp., Q3 2023 Earnings Call, Nov 02, 2023	Nov. 02
Great Ajax Corp. Reports Earnings Results for the Third Quarter Ended September 30, 2023	Nov. 02	CI
Sector Update: Financial Stocks Slipping Late Afternoon	23-10-23	MT
Sector Update: Financial	23-10-23	MT
Top Midday Decliners	23-10-23	MT
North American Morning Briefing : 10-Year Treasury Yield Hits 5%	23-10-23	DJ
Great Ajax, Ellington Financial Mutually Terminate Merger Agreement	23-10-20	MT
Ellington Financial Inc. (NYSE : EFC) cancelled the acquisition of Great Ajax Corp. (NYSE : AJX).	23-10-19	CI
Tranche Update on Great Ajax Corp.'s Equity Buyback Plan announced on March 3, 2020.	23-08-04	CI
Transcript : Great Ajax Corp., Q2 2023 Earnings Call, Aug 03, 2023	23-08-03
Earnings Flash (AJX) GREAT AJAX Reports Q2 Revenue $3.8M, vs. Street Est of $7.3M	23-08-03	MT
Great Ajax Corp. Declares Cash Dividend, Payable on August 31, 2023	23-08-03	CI
Great Ajax Corp. Reports Earnings Results for the Second Quarter Ended June 30, 2023	23-08-03	CI
North American Morning Briefing : Focus Fixed on -2-	23-07-07	DJ
North American Morning Briefing : Fed Hawks Hit -2-	23-07-06	DJ

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Company Profile

Great Ajax Corp. is an externally managed real estate company. The Companyâs primary business is acquiring, investing in and managing a portfolio of mortgage loans. The Company operates in a single segment focused on re-performing mortgages, and to a lesser extent non-performing mortgages and real property. The Company primarily targets acquisitions of re-performing loans (RPLs), which are residential mortgage loans and non-performing loans (NPLs), which are residential mortgages. It invests in single-family and smaller commercial properties directly either through a foreclosure event of a loan in its mortgage portfolio, or, less frequently, through a direct acquisition. It may acquire RPLs and NPLs either directly or in joint ventures with institutional accredited investors. It may also acquire or originate small balance commercial loans. Its manager is Thetis Asset Management LLC. It conducts its business through its operating partnership, Great Ajax Operating Partnership L.P.

Sector

Specialized REITs

Calendar

2024-05-01 - Q1 2024 Earnings Release (Projected)

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

3.54 USD

Average target price

6 USD

Spread / Average Target

+69.49%

Consensus

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Sector Mortgage REITs

	1st Jan change	Capi.
GREAT AJAX CORP.	-35.09%	131M
ANNALY CAPITAL MANAGEMENT, INC.	-3.51%	9.3B
AGNC INVESTMENT CORP.	-5.81%	6.74B
STARWOOD PROPERTY TRUST, INC.	-9.09%	6.09B
RITHM CAPITAL CORP.	+4.12%	5.39B
BLACKSTONE MORTGAGE TRUST, INC.	-17.02%	3.21B
ARBOR REALTY TRUST, INC.	-17.39%	2.47B
APOLLO COMMERCIAL REAL ESTATE FINANCE, INC.	-8.60%	1.54B
READY CAPITAL CORPORATION	-15.12%	1.52B
LADDER CAPITAL CORP	-6.17%	1.34B

Mortgage REITs

Great Ajax Corp.

Equities

AJX

US38983D3008

Specialized REITs

Great Ajax Corp. Announces Unaudited Consolidated Earnings Results for the Second Quarter Ended June 30, 2020

Latest news about Great Ajax Corp.

Chart Great Ajax Corp.

Company Profile

Income Statement Evolution

Analysts' Consensus

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Mortgage REITs