AJX
Great AjaxAJX
AJX
Delisted
AJX was delisted on the 3rd of December, 2024.
About: Great Ajax Corp is an externally managed real estate company. The company's primary business is acquiring, investing in and managing a portfolio of mortgage loans. The company is focused on acquisitions of re-performing loans (RPLs) including residential mortgage loans and small balance commercial mortgage loans (SBC loans). Great Ajax operates in a single segment. The company also holds real-estate owned (REO) properties acquired upon the foreclosure, other settlement of owned non-performing loans.
Employees: 1
Financial journalist opinion
Positive
Seeking Alpha
3 weeks ago
Home For The Holidays
U.S. equity markets rebounded this week as investors weighed a relatively strong slate of housing market data and solid retail earnings against heightened geopolitical volatility in Eastern Europe. Following its worst week in two months, the S&P 500 advanced 1.7% this week - effectively erasing last week's 2% declines and extending its post-election gains to around 5%. Real estate equities - which lagged in two post-election weeks amid a rebound in interest rates - were among the leaders this week following an encouraging slate of REITworld updates.
Neutral
Business Wire
1 month ago
Great Ajax Establishes Effective Date of Previously Announced Rebrand to Rithm Property Trust
NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. (NYSE: AJX, “Great Ajax” or the “Company”) today announced it will complete its previously announced name change and rebrand to Rithm Property Trust Inc. on December 2, 2024. In conjunction with the rebrand, the Company's common stock will begin trading on the New York Stock Exchange at the market open on December 3, 2024, under the Company's new name and new ticker symbol of “RPT”. This will replace the Company's current ticker symbol, “AJX.” The CUS.
Negative
Seeking Alpha
1 month ago
Brace For Volatility
U.S. equity markets snapped a six-week winning streak, while benchmark interest rates surged to three-month highs as investors braced for a volatile two-week stretch of market-moving events. Another surprisingly solid slate of domestic economic data - highlighted by improved jobless claims and consumer sentiment reports - lifted the U.S. Economic Surprise Index to the highest-level since April. Retreating from record-highs, the S&P 500 finished lower by 1% on the week, declining for just the second time in the past twelve weeks. Rate-sensitive segments and small-caps were laggards.
Neutral
Seeking Alpha
2 months ago
Great Ajax Corp. (AJX) Q3 2024 Earnings Call Transcript
Great Ajax Corp. (NYSE:AJX ) Q3 2024 Earnings Conference Call October 21, 2024 8:00 AM ET Company Participants Emma Bolla - Associate General Counsel, Rithm Capital Michael Nierenberg - CEO & Chairman, CEO & President, Rithm Capital Conference Call Participants Thomas Catherwood - BTIG Stephen Laws - Raymond James Operator Good day, and welcome to the Great Ajax Third Quarter 2024 Earnings Call. All participants will be in listen-only mode.
Neutral
Business Wire
2 months ago
Great Ajax Corp. Announces Results for the Quarter Ended September 30, 2024 and Announces Intent to Rebrand to Rithm Property Trust Inc.
NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. (NYSE: AJX, “Great Ajax” or the “Company”) today announced the following financial results for the quarter ended September 30, 2024. Third Quarter Financial Highlights: GAAP net loss attributable to common stockholders of $(8.0) million, or $(0.18) per diluted share1 Earnings Available for Distribution of $(5.4) million or $(0.12) per diluted common share1,2 Book value per common share of $5.47 at September 30, 20241 Paid a common dividend of $2.7 mil.
Neutral
Business Wire
2 months ago
Great Ajax Corp. Schedules Its Third Quarter 2024 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. (NYSE: AJX, “Great Ajax” or the “Company”) announced today that it will release its financial results for the third quarter ended September 30, 2024 on Monday, October 21, 2024 prior to the opening of the New York Stock Exchange. In conjunction with the release, Great Ajax will host a conference call at 8:00 AM ET on Monday, October 21, 2024 to review its financial results for the third quarter of 2024. The conference call may be accessed by dialing 1.
Neutral
Seeking Alpha
4 months ago
Great Ajax Corp. (AJX) Q4 2023 Earnings Call Transcript
Great Ajax Corp. (NYSE:AJX ) Q4 2023 Earnings Conference Call July 24, 2023 8:00 AM ET Company Participants Michael Nierenberg - Chief Executive Officer Mary Doyle - Principal Financial Officer and Principal Accounting Officer Conference Call Participants Eric Hagen - BTIG Stephen Laws - Raymond James Jason Stewart - Janney Montgomery Scott Operator Good day and welcome to the Great Ajax Second Quarter 2024 Earnings Call. All participants will be in listen-only mode.
Neutral
Business Wire
4 months ago
Great Ajax Corp. Announces Results for the Quarter Ended June 30, 2024
NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. (NYSE: AJX, "Great Ajax" or the "Company"), a Maryland corporation today announced the following financial results for the quarter ended June 30, 2024. Second Quarter Financial Highlights GAAP Net Loss attributable to common stockholders of $(12.7) million, or $(0.32) per diluted common sharei Earnings Available for Distribution of $(9.6) million or $(0.24) per diluted common sharei,ii Book value per common share of $5.56 at June 30, 2024i Common divi.
Neutral
Business Wire
5 months ago
Great Ajax Corp. Schedules Its Second Quarter 2024 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. Schedules Its Second Quarter 2024 Earnings Release and Conference Call For Wednesday, July 24, 2024.
Positive
Benzinga
5 months ago
Wall Street's Most Accurate Analysts Spotlight On 3 Financial Stocks Delivering High-Dividend Yields
During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Charts implemented using Lightweight Charts™