Great Ajax Corp AJX
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
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Great Ajax Corp. Announces Final Conversion Rate for Its Convertible Notes
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Great Ajax Corp. Announces Record Date for Stockholders Meeting to Approve Strategic Transaction With Rithm Capital Corp.
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Great Ajax Corp. Announces Results for the Quarter Ended December 31, 2023
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Rithm Capital, Great Ajax Enter a Strategic Transaction
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Rithm Capital Corp. and Great Ajax Corp. Announce a Strategic Transaction
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Great Ajax stock rallies after Ellington Financial agrees to buy it at a premium in REIT merger
Trading Information
- Previous Close Price
- $3.44
- Day Range
- $3.46–3.51
- 52-Week Range
- $3.30–7.20
- Bid/Ask
- $3.46 / $3.51
- Market Cap
- $128.35 Mil
- Volume/Avg
- 3,423 / 163,098
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- —
- Dividend Yield (Trailing)
- 17.23%
- Dividend Yield (Forward)
- 11.30%
- Total Yield
- 17.73%
Company Profile
Great Ajax Corp is an externally managed real estate company. The company's primary business is acquiring, investing in and managing a portfolio of mortgage loans. The company is focused on acquisitions of re-performing loans (RPLs) including residential mortgage loans and small balance commercial mortgage loans (SBC loans). Great Ajax operates in a single segment. The company also holds real-estate owned (REO) properties acquired upon the foreclosure, other settlement of owned non-performing loans.
- Sector
- Real Estate
- Industry
- REIT - Mortgage
- Stock Style Box
- Small Value
- Total Number of Employees
- —
- Website
- https://www.greatajax.com
Comparables
Valuation
|
Metric
|
AJX
|
MFA
|
ACRE
|
|---|---|---|---|
Price/Earnings (Normalized) | — | 271.94 | 9.95 |
Price/Book Value | 0.35 | 0.57 | 0.59 |
Price/Sales | — | 5.31 | 4.54 |
Price/Cash Flow | — | 8.62 | 5.58 |
Price/Earnings
AJX
MFA
ACRE
Financial Strength
|
Metric
|
AJX
|
MFA
|
ACRE
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
Quick Ratio
No chart available
Profitability
|
Metric
|
AJX
|
MFA
|
ACRE
|
|---|---|---|---|
Return on Assets (Normalized) | −3.20% | 0.82% | −1.45% |
Return on Equity (Normalized) | −15.67% | 4.13% | −5.03% |
Return on Invested Capital (Normalized) | — | — | — |
Return on Assets
AJX
MFA
ACRE
REIT - Mortgage Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
NLY
| Annaly Capital Management Inc | — | Mclhk | $9.4 Bil | |
AGNC
| AGNC Investment Corp | — | Mgys | $6.7 Bil | |
STWD
| Starwood Property Trust Inc | — | Vwk | $6.0 Bil | |
RITM
| Rithm Capital Corp | — | Gfnbq | $5.4 Bil | |
BXMT
| Blackstone Mortgage Trust Inc A | — | Bhrhp | $3.1 Bil | |
ABR
| Arbor Realty Trust Inc | — | Mqwn | $2.5 Bil | |
ARI
| Apollo Commercial Real Estate Finance Inc | — | Xyyy | $1.5 Bil | |
RC
| Ready Capital Corp | — | Hydd | $1.5 Bil | |
LADR
| Ladder Capital Corp Class A | — | Bnm | $1.3 Bil | |
TWO
| Two Harbors Investment Corp | — | Jkfh | $1.3 Bil |