Great Ajax Corp. (AJX)

USD 3.02

(-0.66%)

Market Cap (In USD)

137.17 Million

Revenue (In USD)

62.68 Million

Net Income (In USD)

-47.07 Million

Avg. Volume

103.95 Thousand

Currency
USD
Country
Real Estate
Open
-
Prev. Close
-
Day Range
-
Year Range
2.85-6.01
PE
-
EPS
-
Beta Value
1.846
ISIN
US38983D3008
CUSIP
38983D300
CIK
1614806
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Real Estate
Industry
REIT - Mortgage
CEO
Mr. Michael Nierenberg
Employee Count
-
Website
https://www.greatajax.com
Ipo Date
2015-02-13
Details
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.