Great Ajax (AJX) Set to Announce Quarterly Earnings on Monday

Great Ajax (NYSE:AJX) will announce its earnings results before the market opens on Monday, October 21st. Individual that wish to register for the company’s earnings conference call can do so using this link.

Great Ajax Stock Performance

Shares of AJX opened at $3.25 on Friday. Great Ajax has a 12 month low of $2.98 and a 12 month high of $6.44. The stock’s 50-day moving average is $3.32 and its two-hundred day moving average is $3.47. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.58 and a quick ratio of 1.58. The stock has a market cap of $128.39 million, a PE ratio of -0.81 and a beta of 1.90.

Great Ajax Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Thursday, August 15th were given a dividend of $0.06 per share. The ex-dividend date was Thursday, August 15th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 7.40%. Great Ajax’s payout ratio is currently -5.96%.

Analysts Set New Price Targets

Separately, BTIG Research started coverage on Great Ajax in a report on Tuesday, September 10th. They set a “neutral” rating on the stock.

Great Ajax Company Profile

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.