Great Ajax Corp. (NYSE:AJX) is set to issue its quarterly earnings data after the market closes on Tuesday, August 1st. Analysts expect the company to announce earnings of $0.45 per share for the quarter.
Great Ajax Corp. (NYSE:AJX) last posted its quarterly earnings results on Tuesday, May 2nd. The real estate investment trust reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.47 by $0.01. Great Ajax Corp. had a net margin of 60.91% and a return on equity of 10.27%. The firm had revenue of $13.67 million during the quarter, compared to analysts’ expectations of $12.98 million. On average, analysts expect Great Ajax Corp. to post $1.85 EPS for the current fiscal year and $1.91 EPS for the next fiscal year.
Shares of Great Ajax Corp. (AJX) opened at 13.76 on Friday. Great Ajax Corp. has a 12-month low of $12.61 and a 12-month high of $14.60. The firm’s 50-day moving average is $14.07 and its 200-day moving average is $13.53. The firm has a market capitalization of $250.02 million, a price-to-earnings ratio of 8.44 and a beta of 0.89.
A number of research analysts have recently commented on AJX shares. Zacks Investment Research cut shares of Great Ajax Corp. from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 4th. BidaskClub cut shares of Great Ajax Corp. from a “buy” rating to a “hold” rating in a report on Monday, July 24th. Finally, FBR & Co reaffirmed a “buy” rating on shares of Great Ajax Corp. in a report on Thursday, April 20th. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $15.75.
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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