Great Ajax Corp (AJX)

Great Ajax Corp 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. We also invest in loans secured by multi-family residential and commercial mixed use retail/residential properties. In addition, we hold real-estate owned (REO) properties acquired upon the foreclosure, other settlement of our owned non-performing loans, or that we acquire in the market. These are principally single-family homes, although we also own smaller commercial properties. We opportunistically determine whether to sell any REO asset, sometimes offering mortgage financing to the purchaser, or to hold the REO as a rental property. We believe that our tailored approach to each asset we acquire will generate attractive risk-adjusted returns for our stockholders over the long term through dividends and capital appreciation.
Stock Price: $14.94
1 Year Total Return: 23.12%
As of market close on 11/14/2019
  • Overview
    • Company Type
      REIT
    • Listing Status
      Public
    • Industry Sector
      Mortgage
    • Investment Sector
      Mortgage
    • Ticker
      AJX
    • Exchange
      New York Stock Exchange, Inc. (NYSE)
  • Performance Details
    As of 7:15 p.m. EST on 11/15/2019
    • Previous Day Close
      $14.94
    • Current Day High & Low
      $15.08 - $14.86
    • Day's Volume
      190,854
    • 30 Day Average Volume
      220,659
    • 52 Week High & Low
      $15.92 - $11.56
    • Market Cap
      $317.43 mil
    • Prev. Quarter Dividend
      $0.32
    • Yield
      8.57%
    • Prev. Quarter FFO
      $0.53 mil
  • Nareit Coverage
    4/5/2019
    Nareit is pleased to welcome Great Ajax Corp. (NYSE: AJX) as its newest corporate member.
  • Corporate Information
    Nareit member since 2019
    9400 SW Beaverton-Hillsdale Hwy
    Suite 131
    Beaverton, Oregon 97005
    (503) 226-4616
    Lawrence Mendelsohn
    CEO
    Russell Schaub
    President
    Mary Doyle
    CFO
    Brauhn Doud, Heidi Newton
    Investor Relations
  • Real Estate Portfolio
    Source: S&P Global Market Intelligence 2017
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