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Great Ajax Corp - AJX STOCK NEWS

Welcome to our dedicated news page for Great Ajax (Ticker: AJX), a resource for investors and traders seeking the latest updates and insights on Great Ajax.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Great Ajax's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Great Ajax's position in the market.

Rhea-AI Summary
Great Ajax Corp. (AJX) sets a record date for its 2024 stockholders' meeting to vote on strategic transaction with Rithm Capital Corp. The Meeting will address various key actions including stock issuance, director elections, and management agreements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.11%
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none
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Rhea-AI Summary
Great Ajax Corp. (AJX) announces fourth-quarter results with interest income of $17.7 million, net loss of $(23.2) million, and operating loss of $(1.8) million. The company focuses on acquiring and managing mortgage loans and commercial properties. Cash balance was $52.8 million at the end of December 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.88%
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none
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Rhea-AI Summary
Rithm Capital Corp. and Great Ajax Corp. have entered into a strategic transaction where Great Ajax will receive a $70 million term loan from Rithm to repay its outstanding convertible notes. Great Ajax plans to shift its strategic direction by working with Rithm to capitalize on commercial real estate investment opportunities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.88%
Tags
none
Rhea-AI Summary
Great Ajax Corp. (NYSE: AJX), a real estate investment trust, reported a net loss of $(6.1) million for the third quarter of 2023. The company formed two joint ventures that acquired $325.3 million in mortgage loans and retained $57.9 million of debt securities and beneficial interests. They collected $39.5 million in cash and had $63.9 million in cash and cash equivalents at the end of the quarter. Approximately 81.2% of their portfolio made at least 12 out of the last 12 payments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.48%
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none
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Rhea-AI Summary
Great Ajax Corp. (NYSE: AJX) will release its financial results for Q3 2023 on November 2, 2023. A conference call will be held to review the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.9%
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-
Rhea-AI Summary
Ellington Financial and Great Ajax terminate merger agreement
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.31%
Tags
Rhea-AI Summary
Ellington Financial and Great Ajax terminate merger agreement
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.31%
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Rhea-AI Summary
Great Ajax Corp. announces second quarter results with interest income of $18.3 million and net loss of $(12.0) million. The company entered into a merger agreement with Ellington Financial Inc.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.49%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.38%
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Great Ajax Corp

NYSE:AJX

AJX Rankings

AJX Stock Data

134.64M
13.94M
2.49%
75.51%
0.83%
Other Financial Vehicles
Finance and Insurance
Link
US
Beaverton

About AJX

great ajax corp is a company based out of 9400 sw beaverton-hillsdale highway, beaverton, or, united states.