Great Ajax Corp. (NYSE:AJX) Given Daily Coverage Optimism Score of 0.09
News headlines about Great Ajax Corp. (NYSE:AJX) have trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Great Ajax Corp. earned a daily sentiment score of 0.09 on Accern’s scale. Accern also assigned media stories about the real estate investment trust an impact score of 47.5185003653611 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the media stories that may have impacted Accern’s scoring:
- Analysts Anticipate Great Ajax Corp. (AJX) to Announce $0.46 Earnings Per Share (americanbankingnews.com)
- Great Ajax Corp. (AJX) Receives Average Recommendation of “Hold” from Analysts (americanbankingnews.com)
- Great Ajax Corp. (AJX) Stock Rating Lowered by Zacks Investment Research (americanbankingnews.com)
- Great Ajax Corp. (NYSE:AJX) Increases Dividend to $0.30 Per Share (americanbankingnews.com)
- Great Ajax Corp. (NYSE:AJX) Posts Quarterly Earnings Results, Misses Estimates By $0.09 EPS (americanbankingnews.com)
Shares of Great Ajax Corp. (NYSE:AJX) opened at 14.36 on Tuesday. The company’s 50-day moving average price is $14.07 and its 200-day moving average price is $13.54. Great Ajax Corp. has a 52-week low of $12.61 and a 52-week high of $15.40. The firm has a market cap of $260.91 million, a PE ratio of 9.17 and a beta of 0.88.
Great Ajax Corp. (NYSE:AJX) last announced its earnings results on Tuesday, August 1st. The real estate investment trust reported $0.36 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.45 by $0.09. The company had revenue of $13.11 million during the quarter, compared to analyst estimates of $12.99 million. Great Ajax Corp. had a return on equity of 10.22% and a net margin of 58.46%. Equities analysts expect that Great Ajax Corp. will post $1.75 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 30th. Investors of record on Tuesday, August 15th will be paid a $0.30 dividend. The ex-dividend date is Friday, August 11th. This is a positive change from Great Ajax Corp.’s previous quarterly dividend of $0.28. This represents a $1.20 dividend on an annualized basis and a yield of 8.36%. Great Ajax Corp.’s dividend payout ratio is presently 71.34%.
Several analysts have recently commented on AJX shares. FBR & Co reaffirmed a “buy” rating on shares of Great Ajax Corp. in a research report on Thursday, April 20th. Zacks Investment Research raised Great Ajax Corp. from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 2nd. Finally, BidaskClub cut Great Ajax Corp. from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. Great Ajax Corp. has an average rating of “Hold” and a consensus price target of $15.30.
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About Great Ajax Corp.
Great Ajax Corp. is an externally managed real estate company. The Company is focused on acquiring, investing in and managing a portfolio of re-performing and non-performing mortgage loans secured by single-family residences and single-family properties. Its segment is focused on non-performing mortgages and re-performing mortgages.
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