Media stories about Great Ajax Corp. (NYSE:AJX) have been trending somewhat positive recently, according to Accern Sentiment. Accern scores the sentiment of press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Great Ajax Corp. earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned media coverage about the real estate investment trust an impact score of 45.4892181911336 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
AJX has been the subject of a number of research analyst reports. Zacks Investment Research cut Great Ajax Corp. from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 4th. BidaskClub cut Great Ajax Corp. from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. Finally, Compass Point initiated coverage on Great Ajax Corp. in a research note on Friday, September 29th. They issued a “neutral” rating and a $15.50 price target for the company. Three equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $15.33.
Shares of Great Ajax Corp. (AJX) opened at 14.49 on Friday. The stock has a market capitalization of $255.37 million, a PE ratio of 9.23 and a beta of 0.86. Great Ajax Corp. has a 1-year low of $12.61 and a 1-year high of $14.51. The firm has a 50-day moving average price of $14.17 and a 200-day moving average price of $14.17.
Great Ajax Corp. (NYSE:AJX) last posted its earnings results on Tuesday, August 1st. The real estate investment trust reported $0.36 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.45 by ($0.09). Great Ajax Corp. had a net margin of 58.46% and a return on equity of 10.22%. The firm had revenue of $13.11 million during the quarter, compared to analysts’ expectations of $12.99 million. On average, equities research analysts forecast that Great Ajax Corp. will post $1.78 earnings per share for the current year.
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Great Ajax Corp. Company Profile
Great Ajax Corp. is an externally managed real estate company. The Company is focused on acquiring, investing in and managing a portfolio of re-performing and non-performing mortgage loans secured by single-family residences and single-family properties. Its segment is focused on non-performing mortgages and re-performing mortgages.
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