Great Ajax

Great Ajax is an externally managed real estate investment trust (REIT) that acquires, invests, and manages a portfolio of mortgage loans secured by single-family residences and single-family properties.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Great Ajax reports mixed Q4 results, eyes stock repurchases

Great Ajax's Q4 2022 showcased strong loan performance and cash flow, but reported negative net income. Despite challenges, the company holds significant cash reserves and sees opportunities in stock repurchases and special servicing.

Great Ajax reports solid Q1 performance, eyes growth opportunities

Great Ajax's Q1 2023 showed strong loan performance and income growth, with a focus on strategic acquisitions and low leverage. Challenges include taxable income impact from prepayments and concerns over loss severity in certain loan segments. The company is poised for growth through opportunities in commercial real estate and MSR ventures.

Great Ajax reports improved loan performance and eyes real estate opportunities

Great Ajax's Q2 performance showed improvements in loan performance and capital velocity, despite challenges in GAAP interest income and taxable income.
The company's strengths lie in low leverage, a healthy cash position, and a track record of successful loan acquisitions.
Opportunities in sub-performing commercial real estate loans and joint ventures present avenues for future growth and expansion.

Great Ajax reports Q3 challenges, strategic shifts, and growth opportunities

Great Ajax navigated Q3 2023 with a focus on managing loan performance challenges amidst economic headwinds. Despite facing some setbacks, the company maintains a strong financial position and pursues strategic opportunities for growth and value creation. Shareholders can expect a shift towards maximizing book value and exploring new avenues for expansion.

Great Ajax reports Q2 loss, eyes commercial real estate opportunities

Great Ajax faced challenges with a net loss in Q2 2024 but remains focused on commercial real estate opportunities. The company's strategy to sell assets, target specific securities, and evaluate dividends indicates a proactive approach. Despite challenges, Great Ajax sees opportunities in growing earnings and acquiring distressed assets.

Great Ajax aims for breakeven, transforms into Rithm Property Trust

Great Ajax's Q3 performance reflects a shift towards cash flowing assets and a focus on breakeven by Q1, excluding dividends.
The company's strengths lie in its strategic investments, strong cash position, and commitment to growth through asset transformation.
Challenges include legacy asset cleanup, capital deployment efficiency, and navigating financing options for future growth initiatives.
Opportunities abound in pursuing cash flowing assets, patient decision-making, and exploring diverse real estate sectors for sustained growth and profitability.

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Great Ajax Corp. is a real estate investment trust company, which engages in acquiring, investing in, and managing mortgage loans secured by single-family residences and, to a lesser extent, single-family properties themselves. It also invests in loans secured by multi-family residential and smaller commercial. The company was founded on January 30, 2014 and is headquartered in Tigard, OR.

Great Ajax (AJX) delivered earnings and revenue surprises of -22.50% and 38.95%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

Great Ajax (AJX) Q2 Earnings Lag Estimates

Great Ajax (AJX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Great Ajax (AJX) Earnings Expected to Grow: What to Know Ahead of Q2 Release

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Great Ajax Corp. (AJX) CEO Lawrence Mendelsohn on Q1 2019 Results - Earnings Call Transcript

Great Ajax (AJX) delivered earnings and revenue surprises of -10.00% and -1.88%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

Great Ajax (AJX) Misses Q1 Earnings and Revenue Estimates

News for Great Ajax Stock (AJX)