Great Ajax Corp (NYSE:AJX) – Equities researchers at B. Riley issued their Q1 2019 earnings per share estimates for Great Ajax in a research note issued on Thursday. B. Riley analyst J. Levi-Ribner forecasts that the real estate investment trust will post earnings per share of $0.46 for the quarter. B. Riley currently has a “Buy” rating on the stock. B. Riley also issued estimates for Great Ajax’s Q2 2019 earnings at $0.47 EPS, Q3 2019 earnings at $0.48 EPS, Q4 2019 earnings at $0.49 EPS and FY2019 earnings at $1.90 EPS.

Several other research firms also recently weighed in on AJX. Zacks Investment Research upgraded Great Ajax from a “hold” rating to a “buy” rating and set a $16.00 price target on the stock in a research note on Thursday, November 9th. Compass Point started coverage on Great Ajax in a research note on Friday, September 29th. They set a “neutral” rating and a $15.50 price target on the stock. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $15.17.

Great Ajax (NYSE:AJX) traded down $0.07 during trading on Friday, reaching $13.79. The company’s stock had a trading volume of 14,938 shares, compared to its average volume of 38,493. The company has a current ratio of 4.23, a quick ratio of 4.23 and a debt-to-equity ratio of 2.03. The stock has a market cap of $252.97, a P/E ratio of 9.01 and a beta of 0.85. Great Ajax has a twelve month low of $12.72 and a twelve month high of $15.40.

Institutional investors and hedge funds have recently modified their holdings of the company. FMR LLC boosted its stake in shares of Great Ajax by 11.4% in the second quarter. FMR LLC now owns 1,736,388 shares of the real estate investment trust’s stock worth $24,275,000 after buying an additional 177,662 shares during the last quarter. Northern Trust Corp boosted its stake in shares of Great Ajax by 12.9% in the second quarter. Northern Trust Corp now owns 176,039 shares of the real estate investment trust’s stock worth $2,461,000 after buying an additional 20,154 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Great Ajax by 3.3% in the second quarter. Vanguard Group Inc. now owns 631,753 shares of the real estate investment trust’s stock worth $8,832,000 after buying an additional 20,034 shares during the last quarter. Teachers Advisors LLC boosted its stake in shares of Great Ajax by 56.2% in the second quarter. Teachers Advisors LLC now owns 29,039 shares of the real estate investment trust’s stock worth $406,000 after buying an additional 10,450 shares during the last quarter. Finally, Russell Investments Group Ltd. boosted its stake in shares of Great Ajax by 30.0% in the second quarter. Russell Investments Group Ltd. now owns 26,093 shares of the real estate investment trust’s stock worth $365,000 after buying an additional 6,014 shares during the last quarter. Hedge funds and other institutional investors own 71.42% of the company’s stock.

TRADEMARK VIOLATION WARNING: “B. Riley Weighs in on Great Ajax Corp’s Q1 2019 Earnings (AJX)” was originally published by Watch List News and is the property of of Watch List News. If you are viewing this news story on another domain, it was illegally copied and republished in violation of U.S. and international copyright & trademark laws. The legal version of this news story can be accessed at https://www.watchlistnews.com/b-riley-weighs-in-on-great-ajax-corps-q1-2019-earnings-ajx/1805958.html.

About Great Ajax

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.

Earnings History and Estimates for Great Ajax (NYSE:AJX)

Receive News & Ratings for Great Ajax Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great Ajax and related companies with Analyst Ratings Network's FREE daily email newsletter.