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How to buy Great Ajax stock | $10.46

Own Great Ajax stock in just a few minutes.

Fact checked

Great Ajax Corp is a reit-mortgage business based in the US. Great Ajax shares (AJX) are listed on the NYSE and all prices are listed in US Dollars.

How to buy shares in Great Ajax

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Great Ajax. Find the stock by name or ticker symbol: AJX. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Great Ajax reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$10.46, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Great Ajax, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Great Ajax. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Great Ajax share price

Use our graph to track the performance of AJX stocks over time.

Great Ajax shares at a glance

Information last updated 2020-12-26.
Latest market closeUSD$10.46
52-week rangeUSD$3.7312 - USD$14.0867
50-day moving average USD$10.0365
200-day moving average USD$9.1639
Wall St. target priceUSD$12
PE ratio 12.5576
Dividend yield USD$0.68 (6.56%)
Earnings per share (TTM) USD$0.825

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Great Ajax stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Great Ajax price performance over time

Historical closes compared with the close of $10.46 from 2020-12-31

1 week (2021-01-07) -0.95%
1 month (2020-12-17) -1.41%
3 months (2020-10-16) 26.33%
6 months (2020-07-16) 19.82%
1 year (2020-01-16) -30.64%
2 years (2019-01-16) -17.64%
3 years (2018-01-16) 13.76
5 years (2016-01-15) 11.36

Is Great Ajax under- or over-valued?

Valuing Great Ajax stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Great Ajax's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Great Ajax's P/E ratio

Great Ajax's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 13x. In other words, Great Ajax shares trade at around 13x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Great Ajax financials

Revenue TTM USD$53 million
Operating margin TTM 51%
Gross profit TTM USD$50.7 million
Return on assets TTM 1.64%
Return on equity TTM 6.09%
Profit margin 42.24%
Book value $15.791
Market capitalisation USD$238.6 million

TTM: trailing 12 months

Shorting Great Ajax shares

There are currently 306,217 Great Ajax shares held short by investors – that's known as Great Ajax's "short interest". This figure is 9.8% down from 339,309 last month.

There are a few different ways that this level of interest in shorting Great Ajax shares can be evaluated.

Great Ajax's "short interest ratio" (SIR)

Great Ajax's "short interest ratio" (SIR) is the quantity of Great Ajax shares currently shorted divided by the average quantity of Great Ajax shares traded daily (recently around 63398.964803313). Great Ajax's SIR currently stands at 4.83. In other words for every 100,000 Great Ajax shares traded daily on the market, roughly 4830 shares are currently held short.

However Great Ajax's short interest can also be evaluated against the total number of Great Ajax shares, or, against the total number of tradable Great Ajax shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Great Ajax's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Great Ajax shares in existence, roughly 10 shares are currently held short) or 0.0257% of the tradable shares (for every 100,000 tradable Great Ajax shares, roughly 26 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Great Ajax.

Find out more about how you can short Great Ajax stock.

Great Ajax share dividends

Dividend payout ratio: 101.28% of net profits

Recently Great Ajax has paid out, on average, around 101.28% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.56% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Great Ajax shareholders could enjoy a 6.56% return on their shares, in the form of dividend payments. In Great Ajax's case, that would currently equate to about $0.68 per share.

Great Ajax's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Great Ajax's most recent dividend payout was on 30 November 2020. The latest dividend was paid out to all shareholders who bought their shares by 13 November 2020 (the "ex-dividend date").

Great Ajax share price volatility

Over the last 12 months, Great Ajax's shares have ranged in value from as little as $3.7312 up to $14.0867. A popular way to gauge a stock's volatility is its "beta".

AJX.US volatility(beta: 1.73)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Great Ajax's is 1.7255. This would suggest that Great Ajax's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Great Ajax overview

Great Ajax Corp., real estate company, acquires, invests in, and manages a portfolio of residential mortgage and small balance commercial mortgage loans. The company also holds real estate-owned properties acquired upon the foreclosure or other settlement of its non-performing loans, as well as through outright purchases. In addition, it provides loans secured by multi-family residential and smaller commercial mixed-use retail/residential properties; and invests in multi-family residential and smaller commercial mixed use retail/residential properties. The company elected to be taxed as a real estate investment trust for U.S. federal income tax purposes. It generally would not be subject to federal corporate income taxes, if it distributes at least 90% of its taxable income to its stockholders. Great Ajax Corp. was founded in 2014 and is based in Beaverton, Oregon.

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