Great Ajax Corp. which can be found using ticker (AJX) have now 5 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 14 and 9 and has a mean target at $11.30. Now with the previous closing price of $6.71 this would indicate that there is a potential upside of 68.4%. There is a 50 day moving average of $7.28 and the 200 day moving average is $8.29. The market cap for the company is $155m. Visit the company website at: https://www.greatajax.com
The potential market cap would be $261m based on the market consensus.
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. 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 incorporated in 2014 and is based in Tigard, Oregon.
The company has a dividend yield of 14.93% with the ex dividend date set at 16-3-2023 (DMY).
