Great Ajax

Great Ajax is an externally managed real estate investment trust (REIT) that acquires, invests, and manages a portfolio of mortgage loans secured by single-family residences and single-family properties.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Great Ajax reports mixed Q4 results, eyes stock repurchases

Great Ajax's Q4 2022 showcased strong loan performance and cash flow, but reported negative net income. Despite challenges, the company holds significant cash reserves and sees opportunities in stock repurchases and special servicing.

Great Ajax reports solid Q1 performance, eyes growth opportunities

Great Ajax's Q1 2023 showed strong loan performance and income growth, with a focus on strategic acquisitions and low leverage. Challenges include taxable income impact from prepayments and concerns over loss severity in certain loan segments. The company is poised for growth through opportunities in commercial real estate and MSR ventures.

Great Ajax reports improved loan performance and eyes real estate opportunities

Great Ajax's Q2 performance showed improvements in loan performance and capital velocity, despite challenges in GAAP interest income and taxable income.
The company's strengths lie in low leverage, a healthy cash position, and a track record of successful loan acquisitions.
Opportunities in sub-performing commercial real estate loans and joint ventures present avenues for future growth and expansion.

Great Ajax reports Q3 challenges, strategic shifts, and growth opportunities

Great Ajax navigated Q3 2023 with a focus on managing loan performance challenges amidst economic headwinds. Despite facing some setbacks, the company maintains a strong financial position and pursues strategic opportunities for growth and value creation. Shareholders can expect a shift towards maximizing book value and exploring new avenues for expansion.

Great Ajax reports Q2 loss, eyes commercial real estate opportunities

Great Ajax faced challenges with a net loss in Q2 2024 but remains focused on commercial real estate opportunities. The company's strategy to sell assets, target specific securities, and evaluate dividends indicates a proactive approach. Despite challenges, Great Ajax sees opportunities in growing earnings and acquiring distressed assets.

Great Ajax aims for breakeven, transforms into Rithm Property Trust

Great Ajax's Q3 performance reflects a shift towards cash flowing assets and a focus on breakeven by Q1, excluding dividends.
The company's strengths lie in its strategic investments, strong cash position, and commitment to growth through asset transformation.
Challenges include legacy asset cleanup, capital deployment efficiency, and navigating financing options for future growth initiatives.
Opportunities abound in pursuing cash flowing assets, patient decision-making, and exploring diverse real estate sectors for sustained growth and profitability.

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Great Ajax Corp. is a real estate investment trust company, which engages in acquiring, investing in, and managing mortgage loans secured by single-family residences and, to a lesser extent, single-family properties themselves. It also invests in loans secured by multi-family residential and smaller commercial. The company was founded on January 30, 2014 and is headquartered in Tigard, OR.

Great Ajax Corp (AJX) has been struggling lately, but the selling pressure may be coming to an end soon.

Great Ajax Corp (AJX) Sees Hammer Chart Pattern: Time to Buy?

Great Ajax (AJX) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Surging Earnings Estimates Signal Upside for Great Ajax (AJX) Stock

Great Ajax Corp. (AJX) CEO Lawrence Mendelsohn on Q2 2021 Results - Earnings Call Transcript

Great Ajax (AJX) delivered earnings and revenue surprises of 35.48% and -2.52%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Great Ajax (AJX) Q2 Earnings Beat Estimates

NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. (NYSE: AJX), a Maryland corporation that is a real estate investment trust, today announces its results of operations for the quarter ended June 30, 2021. We focus primarily on acquiring, investing in and managing a portfolio of RPLs secured by single-family residences and commercial properties and, to a lesser extent, NPLs. In addition to our continued focus on residential RPLs, we also originate and acquire small balance commercial loans ("SBCs") se

Great Ajax Corp. Announces Results for the Quarter Ended June 30, 2021

NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. (NYSE: AJX), a Maryland corporation that is a real estate investment trust, today announces that it intends to release its financial results for the second quarter 2021 on Thursday, August 5, 2021 at approximately 4:05 p.m. ET. In conjunction with the release, Great Ajax will host a conference call at 5:00 p.m. ET on Thursday, August 5, 2021 to review its financial results for the second quarter 2021. A live webcast of this conference call will be ava

Great Ajax Corp. Schedules Its Second Quarter 2021 Financial Results Release For Thursday, August 5, 2021

Great Ajax (AJX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Great Ajax (AJX) Earnings Expected to Grow: Should You Buy?

Great Ajax (AJX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Great Ajax (AJX) Moves to Strong Buy: Rationale Behind the Upgrade

Can Great Ajax (AJX) Run Higher on Rising Earnings Estimates?

Shares of Great Ajax (NYSE:AJX) rose 0.2% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share were down 100.00% over the past year to ($0.02), which missed the estimate of ($0.01).

Recap: Great Ajax Q1 Earnings

Great Ajax Corp. (AJX) CEO Lawrence Mendelsohn on Q1 2021 Results - Earnings Call Transcript

Great Ajax (AJX) delivered earnings and revenue surprises of 3.45% and -26.13%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Great Ajax (AJX) Surpasses Q1 Earnings Estimates

NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. (NYSE: AJX), a Maryland corporation that is a real estate investment trust, today announces its results of operations for the quarter ended March 31, 2021. We focus primarily on acquiring, investing in and managing a portfolio of RPLs secured by single-family residences and commercial properties and, to a lesser extent, NPLs. In addition to our continued focus on residential RPLs, we also originate and acquire SBCs secured by multi-family retail/resid

Great Ajax Corp. Announces Results for the Quarter Ended March 31, 2021

NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. (NYSE: AJX), a Maryland corporation that is a real estate investment trust, today announces that it intends to release its financial results for the first quarter 2021 on Thursday, May 6, 2021 at approximately 4:05 p.m. ET. In conjunction with the release, Great Ajax will host a conference call at 5:00 p.m. ET on Thursday, May 6, 2021 to review its financial results for the first quarter 2021. A live webcast of this conference call will be available o

Great Ajax Corp. Schedules Its First Quarter 2021 Financial Results Release For Thursday, May 6, 2021

Great Ajax (AJX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Great Ajax (AJX) is Poised to Beat Earnings Estimates Again

Great Ajax (AJX) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Great Ajax (AJX) Upgraded to Strong Buy: What Does It Mean for the Stock?

Great Ajax Corp. (AJX) CEO Lawrence Mendelsohn on Q4 2020 Results - Earnings Call Transcript

Great Ajax (AJX) delivered earnings and revenue surprises of 86.36% and 4.33%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Great Ajax (AJX) Tops Q4 Earnings and Revenue Estimates

Shares of Great Ajax (NYSE:AJX) fell in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share rose 32.26% over the past year to $0.41, which beat the estimate of $0.23.

Great Ajax: Q4 Earnings Insights

NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. (NYSE: AJX), a Maryland corporation that is a real estate investment trust, today announces its results of operations for the quarter ended December 31, 2020. We focus primarily on acquiring, investing in and managing a portfolio of RPLs secured by single-family residences and commercial properties and, to a lesser extent, NPLs. In addition to our continued focus on residential RPLs, we also originate and acquire SBCs secured by multi-family retail/re

Great Ajax Corp. Announces Results for the Quarter Ended December 31, 2020

NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. (NYSE: AJX), a Maryland corporation that is a real estate investment trust, today announces that it intends to release its financial results for the fourth quarter and year end 2020 on Thursday, March 4, 2021 at approximately 4:05 p.m. ET. In conjunction with the release, Great Ajax will host a conference call at 5:00 p.m. ET on Thursday, March 4, 2021 to review its financial results for the fourth quarter and year end 2020. A live webcast of this con

Great Ajax Corp. Schedules Its Fourth Quarter and Year End 2020 Financial Results Release for Thursday, March 4, 2021

Great Ajax (AJX) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Great Ajax (AJX) Upgraded to Buy: What Does It Mean for the Stock?

Great Ajax Corp. (AJX) is a small-cap mREIT that manages a portfolio of mortgage loans secured by single-family properties. AJX is undervalued with potential for 33.7% capital appreciation upon reversion to historical price to book ratio of 0.9x.

Great Ajax: Reversion To Historical P/B Yields 33.7% Capital Appreciation

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The 11%-Yielding Industry Nobody Pays Attention To

Great Ajax Corp. (AJX) CEO Lawrence Mendelsohn on Q3 2020 Results - Earnings Call Transcript

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