Great Ajax Corp. which can be found using ticker (AJX) now have 5 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 14 and 10.5 calculating the mean target price we have $11.70. Given that the stocks previous close was at $6.36 this indicates there is a potential upside of 84.0%. The 50 day moving average now sits at $8.24 and the 200 day moving average is $8.72. The market capitalization for the company is $137m. You can visit the company’s website by visiting: https://www.greatajax.com
The potential market cap would be $253m 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 14.95% with the ex dividend date set at 16-3-2023 (DMY).
