Great Ajax (NYSE:AJX - Get Free Report) announced its quarterly earnings data on Monday. The real estate investment trust reported ($0.12) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.38) by $0.26, RTT News reports. The business had revenue of $12.35 million during the quarter. Great Ajax had a negative net margin of 181.85% and a negative return on equity of 6.68%. During the same period last year, the business earned ($0.25) earnings per share.
Great Ajax Stock Up 2.5 %
NYSE:AJX traded up $0.08 during midday trading on Tuesday, reaching $3.33. The company had a trading volume of 194,899 shares, compared to its average volume of 134,186. Great Ajax has a 12-month low of $2.98 and a 12-month high of $6.01. The stock's fifty day simple moving average is $3.32 and its 200-day simple moving average is $3.46. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 1.09. The firm has a market capitalization of $131.75 million, a price-to-earnings ratio of -0.84 and a beta of 1.90.
Great Ajax Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 7.21%. The ex-dividend date is Friday, November 15th. Great Ajax's dividend payout ratio (DPR) is -5.96%.
Wall Street Analyst Weigh In
Separately, BTIG Research started coverage on Great Ajax in a report on Tuesday, September 10th. They issued a "neutral" rating for the company.
Read Our Latest Stock Report on AJX
Great Ajax Company Profile
(
Get Free Report)
Great Ajax Corp. operates as a mortgage real estate investment trust. It acquires re-performing and non-performing loans; acquires or originates small balance commercial mortgage loans that are secured by multi-family residential and commercial mixed use retail/residential properties; and invests in single-family and smaller commercial properties.
See Also
Before you consider Great Ajax, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Great Ajax wasn't on the list.
While Great Ajax currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
