Great Ajax Corp chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 2.23
Dividend & Yield1.08$ (12.89%)
Beta 1.75
Market capitalization 176.04M
Operating cash flow 3.73M
ESG Scores unknown

Company description

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.

Sector: Real Estate - Industry: REIT—Mortgage

Financial data

Diluted earning per share

Net income vs Operating income

Asset vs Liabilities

Similar Companies
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Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities
Total Cashflows From Investing Activities -190.4M 100.17M 24.16M -50.2M
Net Borrowings 185.78M -79.03M -72.42M 114.18M
Total Cash From Financing Activities 163.77M -75.98M 32.7M 45.71M
Change To Operating Activities 495k -3.96M 1.43M -10.52M
Issuance Of Stock 199k 34.58M 131k 492k
Net Income 28.34M 34.7M 28.5M 41.85M
Change In Cash -25.59M 9.19M 42.97M -19.81M
Effect Of Exchange Rate
Total Cash From Operating Activities 1.03M -15M -13.89M -15.32M
Depreciation 155k 499k 29k 7k
Change To Account Receivables
Other Cashflows From Financing Activities 731k -5.2M -2.06M -40.17M
Change To Netincome -34.34M -51.96M -49.02M -52.83M
Capital Expenditures

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 31.4M 37.21M 33.48M 42.01M
Net Income 28.34M 34.7M 28.5M 41.85M
Selling General Administrative 8.2M 9.91M 11.29M 12.06M
Gross Profit 43.43M 50.71M 52.74M 68.28M
Ebit
Operating Income 32.24M 37.03M 37.87M 52.02M
Interest Expense
Income Tax Expense 64k 124k -125k 234k
Total Revenue 56.83M 63.53M 61.9M 76.04M
Cost Of Revenue 13.4M 12.82M 9.16M 7.76M
Total Other Income ExpenseNet -836k 181k -4.38M -10.01M
Net Income From Continuing Ops 31.34M 37.09M 33.61M 41.77M
Net Income Applicable To Common Shares 28.03M 34.37M 22.62M 33.75M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 1.27B 1.19B 1.14B 1.26B
Total Stockholder Equity 300.83M 359.88M 370.22M 382.15M
Other Current Liabilities
Total Assets 1.6B 1.58B 1.65B 1.76B
Common Stock 189k 222k 231k 233k
Other Current Assets 27.07M 21.39M 15.98M 50.89M
Retained Earnings 41.06M 49.45M 53.35M 66.43M
Treasury Stock -845k 819k -784k -671k
Cash 55.15M 64.34M 107.15M 84.43M
Total Current Liabilities 540.87M 421.23M 443.78M 580.8M
Other Stockholder Equity -575k 1.28M 375k 1.02M
Property, Plant, and Equipment 17.64M 1.53M 719k
Total Current Assets 1.41B 1.26B 1.26B 1.24B
Net Tangible Assets 300.83M 359.88M 370.22M 382.15M
Net Receivables 1.33B 1.17B 1.14B 1.1B
Accounts Payable


Insider Transactions

Here are the insider transactions of stock shares related to Great Ajax Corp:

Filer Name Transaction Text Ownership Date Filer Relation Shares
DOYLE MARY BSale at price 7.56 per share.D2022-12-13Chief Financial Officer3.61k
OGREN JOHN KIRK JRStock Award(Grant) at price 8.07 per share.D2022-11-07Director1.69k
HANDLEY JONATHAN BRADFORD JRStock Award(Grant) at price 8.07 per share.D2022-11-07Director1.69k
CONDAS JOHN CStock Award(Grant) at price 8.07 per share.D2022-11-07Director1.69k
FRIEDMAN PAUL MStock Award(Grant) at price 8.07 per share.I2022-11-07Director1.69k
HAGGERTY MARYStock Award(Grant) at price 8.07 per share.D2022-11-07Director1.69k
MENDELSOHN LAWRENCE AStock Award(Grant) at price 10.46 per share.D2022-08-08Chief Executive Officer16k
OGREN JOHN KIRK JRStock Award(Grant) at price 9.13 per share.D2022-08-08Director1.92k
SCHAUB RUSSELLStock Award(Grant) at price 10.46 per share.D2022-08-08President2k
HANDLEY JONATHAN BRADFORD JRStock Award(Grant) at price 9.13 per share.D2022-08-08Director1.92k
CONDAS JOHN CStock Award(Grant) at price 9.13 per share.D2022-08-08Director1.92k
FRIEDMAN PAUL MStock Award(Grant) at price 9.13 per share.I2022-08-08Director1.92k
DOYLE MARY BStock Award(Grant) at price 10.46 per share.D2022-08-08Chief Financial Officer8k
HAGGERTY MARYStock Award(Grant) at price 9.13 per share.D2022-08-08Director1.92k
OGREN JOHN KIRK JRStock Award(Grant) at price 9.16 per share.D2022-05-09Director1.55k
HANDLEY JONATHAN BRADFORD JRStock Award(Grant) at price 9.16 per share.D2022-05-09Director1.55k
CONDAS JOHN CStock Award(Grant) at price 9.16 per share.D2022-05-09Director1.55k
FRIEDMAN PAUL MStock Award(Grant) at price 9.16 per share.I2022-05-09Director1.55k
HAGGERTY MARYStock Award(Grant) at price 9.16 per share.D2022-05-09Director1.55k
DOYLE MARY BStock Award(Grant) at price 11.49 per share.D2022-03-09Chief Financial Officer10k
MENDELSOHN LAWRENCE AStock Award(Grant) at price 11.02 per share.I2022-03-07Chief Executive Officer39.56k
OGREN JOHN KIRK JRStock Award(Grant) at price 11.02 per share.D2022-03-07Director694
HANDLEY JONATHAN BRADFORD JRStock Award(Grant) at price 11.10 - 11.21 per share.D2022-03-07Director10.69k
CONDAS JOHN CStock Award(Grant) at price 11.21 per share.D2022-03-07Director694
FRIEDMAN PAUL MStock Award(Grant) at price 11.21 per share.I2022-03-07Director694
HAGGERTY MARYStock Award(Grant) at price 11.21 per share.D2022-03-07Director694
OGREN JOHN KIRK JRStock Award(Grant) at price 13.96 per share.D2021-11-08Director716
HANDLEY JONATHAN BRADFORD JRStock Award(Grant) at price 13.96 per share.D2021-11-08Director716
CONDAS JOHN CStock Award(Grant) at price 13.96 per share.D2021-11-08Director716
FRIEDMAN PAUL MStock Award(Grant) at price 13.96 per share.I2021-11-08Director716
HAGGERTY MARYStock Award(Grant) at price 13.96 per share.D2021-11-08Director716
OGREN JOHN KIRK JRStock Award(Grant) at price 12.43 per share.D2021-08-09Director805
HANDLEY JONATHAN BRADFORD JRStock Award(Grant) at price 12.43 per share.D2021-08-09Director805
CONDAS JOHN CStock Award(Grant) at price 12.43 per share.D2021-08-09Director805
FRIEDMAN PAUL MStock Award(Grant) at price 12.43 per share.I2021-08-09Director805
HAGGERTY MARYStock Award(Grant) at price 12.43 per share.D2021-08-09Director805
MENDELSOHN LAWRENCE AStock Award(Grant) at price 12.79 per share.D2021-08-02Chief Executive Officer14k
SCHAUB RUSSELLStock Award(Grant) at price 12.79 - 13.07 per share.D/I2021-08-02President8.07k
DOYLE MARY BStock Award(Grant) at price 12.79 per share.D2021-08-02Chief Financial Officer8k
OGREN JOHN KIRK JRStock Award(Grant) at price 12.60 - 12.67 per share.D2021-05-10Director4.79k
HANDLEY JONATHAN BRADFORD JRStock Award(Grant) at price 12.60 - 12.67 per share.D2021-05-10Director4.79k
CONDAS JOHN CStock Award(Grant) at price 12.60 - 12.67 per share.D2021-05-10Director4.79k
FRIEDMAN PAUL MStock Award(Grant) at price 12.60 - 12.67 per share.I2021-05-10Director4.79k
HAGGERTY MARYStock Award(Grant) at price 12.67 per share.D2021-05-10Director789
OGREN JOHN KIRK JRStock Award(Grant) at price 12.00 per share.D2021-03-08Director1.07k
HANDLEY JONATHAN BRADFORD JRStock Award(Grant) at price 12.00 per share.D2021-03-08Director1.07k
CONDAS JOHN CStock Award(Grant) at price 12.00 per share.D2021-03-08Director1.07k
FRIEDMAN PAUL MStock Award(Grant) at price 12.00 per share.I2021-03-08Director1.07k
OGREN JOHN KIRK JRStock Award(Grant) at price 7.99 - 9.72 per share.D2020-11-09Director4.03k
HANDLEY JONATHAN BRADFORD JRStock Award(Grant) at price 9.72 per share.D2020-11-09Director1.03k
CONDAS JOHN CStock Award(Grant) at price 9.72 per share.D2020-11-09Director1.03k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Great Ajax Corp. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Great Ajax Corp

Here is the result of two systematic investment strategies applied to Great Ajax Corp. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Great Ajax Corp

The following chart shows the equity curve of the two systematic investment strategies applied to Great Ajax Corp:

Great Ajax Corp automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 15.95% on the backtest period.

Performance at glance

Performance

15.95 %

Latent gain

358.07 $

Invested capital

2245.5 $

Annualized return

3.85 %
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Momentum strategy results on Great Ajax Corp

This is the result of two momentum investment strategies applied to Great Ajax Corp. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Great Ajax Corp

The following chart shows all the entries opened by the momentum investment system on Great Ajax Corp:

Great Ajax Corp momentum entries
  • The first momentum investment strategy would give 21.57% of return on Great Ajax Corp. That represents 1079.49$ of latent gain with 5004.5$ of employed capital.
  • The second momentum investment strategy would give 14.11% of return on Great Ajax Corp. That represents 530.6$ of latent gain with 3759.22$ of employed capital.
Performance at glance (1Q Momentum)

Performance

21.57 %

Latent gain

1079.49 $

Invested capital

5004.5 $

Annualized return

-1.75 %
Performance at glance (2Q Momentum)

Performance

14.11 %

Latent gain

530.6 $

Invested capital

3759.22 $

Annualized return

3.86 %

Momentum equity curve on Great Ajax Corp

The following chart shows the equity curve of the two momentum strategies applied to Great Ajax Corp:

Great Ajax Corp momentum equity

Note: the dividends potentially given by Great Ajax Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Great Ajax Corp

The following chart shows the employed capital evolution of the two momentum strategies on Great Ajax Corp since the beginning:

Great Ajax Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Great Ajax Corp

Buy the dip entry openings on Great Ajax Corp

Great Ajax Corp

The performance achieved by the robo-advisor on Great Ajax Corp is -3.75%. That represents -18.9$ of latent gain with 504.54$ of employed capital. The following chart shows Great Ajax Corp stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Great Ajax Corp, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-3.75 %

Latent gain

-18.9 $

Invested capital

504.54 $

Annualized return

-1.75 %

Equity curve of the strategy applied to Great Ajax Corp

The following chart shows the result of the investment strategy applied to Great Ajax Corp:

Great Ajax Corp

Note: the dividends potentially given by Great Ajax Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Great Ajax Corp

The following chart shows the employed capital evolution since the beginning of the investment strategy on Great Ajax Corp:

Great Ajax Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Great Ajax Corp

In this section, I will compare the three previous investment strategies applied to Great Ajax Corp.

Equity curve comparison on Great Ajax Corp

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Great Ajax Corp investment strategy comparison

Employed capital comparison on Great Ajax Corp

Great Ajax Corp investment comparison

Performance comparison on Great Ajax Corp

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 15.95% 358.07$ 2245.5$ 3.85%
Momentum 1 quarter 21.57% 1079.49$ 5004.5$ 5.53%
Momentum 2 quarters 14.11% 530.6$ 3759.22$ 3.86%
Non-directional -3.75% -18.9$ 504.54$ -1.75%
Annualized return comparison

Automatic investment

3.85 %

Momentum 1Q

3.86 %

Momentum 2Q

3.86 %

Non-directional

-1.75 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Great Ajax Corp:

Positive correlations

Most correlated stocks this year

  • Great Ajax Corp

  • Most correlated stocks last 3 months

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  • BMO LOW VOLATILITY US EQUITY ETF CAD
  • Mercury General Corp
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  • Great Ajax Corp
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  • FIRM CAPITAL MORTGAGE INV. CORP.
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  • Plymouth Industrial Reit Inc

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between Great Ajax Corp and the other stocks. There may be false positives or some missing correlated stocks. If the price of Great Ajax Corp does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Great Ajax Corp
    Country United States
    City Tigard
    Address 13190 SW 68th Parkway
    Phone 503 505 5670
    Website www.greatajax.com
    FullTime employees
    Industry REIT—Mortgage
    Sector Real Estate
    Exchange XNYS
    Ticker AJX
    Market www.nyse.com

    Great Ajax Corp ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown