Great Ajax Corp Stock Today

AJX Stock  USD 3.04  0.01  0.33%   

Performance

0 of 100

 
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Odds Of Distress

Over 56

 
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Above Average
Great Ajax is trading at 3.04 as of the 1st of December 2024; that is 0.33% increase since the beginning of the trading day. The stock's open price was 3.03. Great Ajax has over 56 % chance of experiencing financial distress in the next 2 years of operation and has generated negative returns for investors over the last 90 days. Equity ratings for Great Ajax Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 12th of December 2022 and ending today, the 1st of December 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
13th of February 2015
Category
Real Estate
Classification
Financials
Great Ajax Corp., real estate company, acquires, invests in, and manages a portfolio of residential mortgage and small balance commercial mortgage loans. Great Ajax Corp. was incorporated in 2014 and is based in Tigard, Oregon. Great Ajax operates under REITMortgage classification in the United States and is traded on New York Stock Exchange.. The company has 45.42 M outstanding shares of which 180.5 K shares are presently shorted by investors with about 1.51 days to cover. More on Great Ajax Corp

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Great Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO DirectorMichael Nierenberg
Old NameAgJunction Inc
Business ConcentrationMortgage Real Estate Investment Trusts (REITs), Financial Services, Real Estate, NYSE Composite, Financials, Mortgage Real Estate Investment Trusts (REITs), REIT—Mortgage, Real Estate (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.05590.0532
Sufficiently Up
Slightly volatile
Gross Profit Margin0.750.7886
Notably Down
Slightly volatile
Net Debt570 M568.7 M
Slightly Up
Slightly volatile
Total Current Liabilities1.9 MM
Notably Down
Slightly volatile
Non Current Liabilities Total98.3 M103.5 M
Notably Down
Slightly volatile
Total Assets1.4 B1.3 B
Sufficiently Up
Slightly volatile
Total Current Assets57.1 M60.1 M
Notably Down
Slightly volatile
Debt Levels
Great Ajax can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Great Ajax's financial leverage. It provides some insight into what part of Great Ajax's total assets is financed by creditors.
Liquidity
Great Ajax Corp has 621.57 M in debt with debt to equity (D/E) ratio of 2.62, meaning that the company heavily relies on borrowing funds for operations. Great Ajax Corp has a current ratio of 2.01, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Great to invest in growth at high rates of return.

Other Non Cash Items

15.98 Million
Great Ajax Corp (AJX) is traded on New York Stock Exchange in USA. It is located in 13190 SW 68th Parkway, Tigard, OR, United States, 97223 and employs 12 people. Great Ajax is listed under Mortgage Real Estate Investment Trusts (REITs) category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 139.44 M. Great Ajax Corp runs under Mortgage Real Estate Investment Trusts (REITs) sector within Financials industry. The entity has 45.42 M outstanding shares of which 180.5 K shares are presently shorted by investors with about 1.51 days to cover. Great Ajax Corp has about 47.84 M in cash with (46.46 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.27.
Check Great Ajax Probability Of Bankruptcy
Ownership Allocation
Great Ajax Corp has a total of 45.42 Million outstanding shares. Over half of Great Ajax's outstanding shares are owned by outside corporations. These outside corporations are typically referred to as corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Great Ownership Details

Great Stock Institutional Holders

InstituionRecorded OnShares
Yakira Capital Management, Inc.2024-06-30
397.2 K
Family Management Corporation2024-09-30
358 K
Centiva Capital Lp2024-09-30
334.5 K
State Street Corp2024-06-30
106.2 K
Wiley Bros.-aintree Capital, Llc2024-06-30
100.6 K
Ameriprise Financial Inc2024-06-30
99.2 K
Amvescap Plc.2024-06-30
98.6 K
Two Sigma Advisers, Llc2024-06-30
75.1 K
Raffles Associates Lp2024-09-30
73.3 K
Magnetar Financial Llc2024-09-30
9.8 M
Wellington Management Company Llp2024-06-30
4.5 M
View Great Ajax Diagnostics

Great Ajax Historical Income Statement

At this time, Great Ajax's Gross Profit is fairly stable compared to the past year. Other Operating Expenses is likely to rise to about 31.2 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 507.3 K in 2024. View More Fundamentals

Great Stock Against Markets

Great Ajax Corporate Directors

Jonathan HandleyIndependent DirectorProfile
Paul FriedmanIndependent DirectorProfile
John CondasIndependent DirectorProfile
Steven BegleiterDirectorProfile

Already Invested in Great Ajax Corp?

The danger of trading Great Ajax Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Great Ajax is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Great Ajax. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Great Ajax Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

Additional Tools for Great Stock Analysis

When running Great Ajax's price analysis, check to measure Great Ajax's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Great Ajax is operating at the current time. Most of Great Ajax's value examination focuses on studying past and present price action to predict the probability of Great Ajax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Great Ajax's price. Additionally, you may evaluate how the addition of Great Ajax to your portfolios can decrease your overall portfolio volatility.