Great Ajax Corp., real estate company, acquires, invests in, and manages a portfolio of residential mortgage and small balance commercial mortgage loans. The company also holds real estate owned properties acquired upon the foreclosure or other settlement of its non-performing loans, as well as through outright purchases. In addition, it acquires and originates small balance commercial loans (SBC) secured by multi-family residential and commercial mixed-use retail/residential properties; and invests in single-family and smaller commercial properties through a foreclosure event of a loan or a direct acquisition. 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.
IPO Year: 2015
Exchange: NYSE
Website: greatajax.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/10/2024 | Neutral | BTIG Research | |
| 1/12/2024 | Mkt Outperform → Mkt Perform | JMP Securities | |
| 5/18/2022 | $16.00 | Neutral → Buy | Compass Point |
| 4/8/2022 | $11.00 | Buy → Neutral | Compass Point |
| 10/18/2021 | $12.50 → $15.00 | Market Outperform | JMP Securities |
| 6/30/2021 | $19.00 | Buy | Compass Point |