Great Ajax (AJX) Stock Forecast, Price Target & Predictions
AJX Stock Forecast
Great Ajax stock forecast is as follows: an average price target of $11.00 (represents a 207.26% upside from AJX’s last price of $3.58) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.
AJX Price Target
The average price target for Great Ajax (AJX) is $11.00 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $16.00 to $6.00. This represents a potential 207.26% upside from AJX's last price of $3.58.
AJX Analyst Ratings
According to 5 Wall Street analysts, Great Ajax's rating consensus is 'Buy'. The analyst rating breakdown for AJX stock is 0 'Strong Buy' (0.00%), 3 'Buy' (60.00%), 2 'Hold' (40.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Great Ajax Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Mar 21, 2024 | Matt Howlett | B.Riley Financial | $6.00 | $3.74 | 60.43% | 67.60% |
| May 17, 2022 | Merrill Ross | Compass Point | $16.00 | $9.38 | 70.58% | 346.93% |
| Apr 26, 2022 | - | JMP Securities | $11.00 | $9.48 | 16.03% | 207.26% |
The latest Great Ajax stock forecast, released on Mar 21, 2024 by Matt Howlett from B.Riley Financial, set a price target of $6.00, which represents a 60.43% increase from the stock price at the time of the forecast ($3.74), and a 67.60% increase from AJX last price ($3.58).
Great Ajax Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $6.00 |
| Last Closing Price | $3.58 | $3.58 | $3.58 |
| Upside/Downside | -100.00% | -100.00% | 67.60% |
In the current month, the average price target of Great Ajax stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Great Ajax's last price of $3.58. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jun 27, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Jun 23, 2023 | Credit Suisse | Neutral | Neutral | Hold |
| May 17, 2022 | Compass Point | - | Buy | Upgrade |
| May 17, 2022 | Raymond James | Outperform | Outperform | Hold |
| Apr 26, 2022 | JMP Securities | Market Outperform | Market Outperform | Hold |
Great Ajax's last stock rating was published by Barclays on Jun 27, 2024. The company gave AJX a "Equal-Weight" rating, the same as its previous rate.
Great Ajax Financial Forecast
Great Ajax Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $3.92M | $3.60M | $3.80M | $540.00K | $39.47M | $10.52M | $8.77M | $7.32M | $7.20M | $8.22M | $8.34M | $7.56M | $10.22M | $8.45M | $6.57M | $9.96M | $9.97M | $9.86M | $16.26M | $10.31M | $9.45M | $9.91M |
| Avg Forecast | $12.87M | $11.51M | $10.65M | $9.95M | $9.56M | $7.30M | $5.68M | $3.92M | $7.29M | $8.39M | $7.34M | $6.08M | $11.32M | $14.10M | $18.33M | $19.48M | $18.30M | $19.86M | $17.62M | $21.59M | $15.30M | $14.25M | $13.95M | $13.15M | $15.28M | $14.93M | $15.45M | $15.05M | $31.54M | $21.32M |
| High Forecast | $12.87M | $11.51M | $10.65M | $9.95M | $9.56M | $7.30M | $5.68M | $3.92M | $7.29M | $8.39M | $7.34M | $6.08M | $11.32M | $14.10M | $18.33M | $19.48M | $18.30M | $19.86M | $17.62M | $21.59M | $15.30M | $14.25M | $13.95M | $13.15M | $15.28M | $14.93M | $15.45M | $15.05M | $37.85M | $25.58M |
| Low Forecast | $12.87M | $11.51M | $10.65M | $9.95M | $9.56M | $7.30M | $5.68M | $3.92M | $7.29M | $8.39M | $7.34M | $6.08M | $11.32M | $14.10M | $18.33M | $19.48M | $18.30M | $19.86M | $17.62M | $21.59M | $15.30M | $14.25M | $13.95M | $13.15M | $15.28M | $14.93M | $15.45M | $15.05M | $25.23M | $17.06M |
| # Analysts | - | - | - | - | - | 1 | 1 | - | 1 | - | - | - | - | - | - | - | - | - | - | - | 9 | 8 | 7 | 6 | 5 | 5 | 5 | 5 | 13 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | 0.54% | 0.43% | 0.52% | 0.09% | 3.49% | 0.75% | 0.48% | 0.38% | 0.39% | 0.41% | 0.47% | 0.35% | 0.67% | 0.59% | 0.47% | 0.76% | 0.65% | 0.66% | 1.05% | 0.69% | 0.30% | 0.46% |
Great Ajax's average Quarter revenue forecast for Mar 24 based on 0 analysts is $3.92M, with a low forecast of $3.92M, and a high forecast of $3.92M. AJX's average Quarter revenue forecast represents a -0.03% decrease compared to the company's last Quarter revenue of $3.92M (Dec 23).
Great Ajax EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | 1 | - | 1 | - | - | - | - | - | - | - | - | - | - | - | 9 | 8 | 7 | 6 | 5 | 5 | 5 | 5 | 13 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | $1.46M | $722.00K | $-2.54M | $-22.77M | $5.03M | $4.39M | $4.48M | $14.11M | $18.34M | $19.97M | $21.23M | $19.29M | $23.72M | $18.95M | $21.40M | $13.16M | $20.66M | $22.17M | $28.63M | $23.19M | $20.20M | $16.07M |
| Avg Forecast | $5.83M | $5.21M | $4.83M | $4.51M | $4.33M | $3.31M | $2.58M | $1.78M | $3.31M | $3.80M | $3.33M | $2.76M | $5.13M | $6.39M | $8.31M | $18.68M | $8.29M | $9.00M | $7.98M | $17.92M | $6.93M | $6.46M | $6.32M | $5.96M | $6.92M | $6.77M | $7.00M | $6.82M | $22.95M | $16.07M |
| High Forecast | $5.83M | $5.21M | $4.83M | $4.51M | $4.33M | $3.31M | $2.58M | $1.78M | $3.31M | $3.80M | $3.33M | $2.76M | $5.13M | $6.39M | $8.31M | $22.41M | $8.29M | $9.00M | $7.98M | $21.50M | $6.93M | $6.46M | $6.32M | $5.96M | $6.92M | $6.77M | $7.00M | $6.82M | $27.54M | $19.28M |
| Low Forecast | $5.83M | $5.21M | $4.83M | $4.51M | $4.33M | $3.31M | $2.58M | $1.78M | $3.31M | $3.80M | $3.33M | $2.76M | $5.13M | $6.39M | $8.31M | $14.94M | $8.29M | $9.00M | $7.98M | $14.33M | $6.93M | $6.46M | $6.32M | $5.96M | $6.92M | $6.77M | $7.00M | $6.82M | $18.36M | $12.86M |
| Surprise % | - | - | - | - | - | - | - | - | 0.44% | 0.19% | -0.77% | -8.26% | 0.98% | 0.69% | 0.54% | 0.76% | 2.21% | 2.22% | 2.66% | 1.08% | 3.42% | 2.93% | 3.39% | 2.21% | 2.98% | 3.28% | 4.09% | 3.40% | 0.88% | 1.00% |
0 analysts predict AJX's average Quarter EBITDA for Mar 24 to be $1.78M, with a high of $1.78M and a low of $1.78M. This is 21.49% upper than Great Ajax's previous annual EBITDA (Dec 23) of $1.46M.
Great Ajax Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | 1 | - | 1 | - | - | - | - | - | - | - | - | - | - | - | 9 | 8 | 7 | 6 | 5 | 5 | 5 | 5 | 13 | 8 |
| Net Income | - | - | - | - | - | - | - | - | $-23.20M | $-6.09M | $-12.03M | $-7.36M | $-6.28M | $-9.50M | $-4.80M | $5.54M | $9.28M | $11.26M | $12.33M | $8.95M | $12.78M | $7.23M | $8.08M | $400.00K | $6.66M | $7.69M | $13.03M | $7.33M | $7.67M | $8.41M |
| Avg Forecast | $5.90M | $4.72M | $3.93M | $3.54M | $-13.57M | $-14.95M | $-11.80M | $-2.75M | $8.07M | $7.28M | $196.72K | $-1.08M | $7.95M | $11.70M | $12.10M | $5.07M | $12.89M | $15.25M | $12.20M | $8.31M | $8.95M | $8.52M | $9.44M | $694.28K | $15.04M | $14.68M | $15.24M | $7.89M | $8.71M | $8.41M |
| High Forecast | $5.90M | $4.72M | $3.93M | $3.54M | $-13.57M | $1.18M | $-11.80M | $-2.75M | $16.94M | $7.28M | $196.72K | $-1.08M | $7.95M | $14.04M | $12.10M | $6.09M | $12.89M | $15.25M | $12.20M | $9.98M | $8.95M | $8.52M | $9.44M | $833.14K | $15.04M | $14.68M | $15.24M | $9.47M | $10.45M | $10.09M |
| Low Forecast | $5.90M | $4.72M | $3.93M | $3.54M | $-13.57M | $-31.08M | $-11.80M | $-2.75M | $-403.28K | $7.28M | $196.72K | $-1.08M | $7.95M | $9.36M | $12.10M | $4.06M | $12.89M | $15.25M | $12.20M | $6.65M | $8.95M | $8.52M | $9.44M | $555.43K | $15.04M | $14.68M | $15.24M | $6.32M | $6.97M | $6.73M |
| Surprise % | - | - | - | - | - | - | - | - | -2.88% | -0.84% | -61.17% | 6.81% | -0.79% | -0.81% | -0.40% | 1.09% | 0.72% | 0.74% | 1.01% | 1.08% | 1.43% | 0.85% | 0.86% | 0.58% | 0.44% | 0.52% | 0.85% | 0.93% | 0.88% | 1.00% |
Great Ajax's average Quarter net income forecast for Jun 22 is $12.10M, with a range of $12.10M to $12.10M. AJX's average Quarter net income forecast represents a 118.58% increase compared to the company's last Quarter net income of $5.54M (Mar 22).
Great Ajax SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | 1 | - | 1 | - | - | - | - | - | - | - | - | - | - | - | 9 | 8 | 7 | 6 | 5 | 5 | 5 | 5 | 13 | 8 |
| SG&A | - | - | - | - | - | - | - | - | $623.00K | $611.00K | $989.00K | $934.00K | $886.00K | $777.00K | $818.00K | $824.00K | $750.00K | $663.00K | $754.00K | $636.00K | $666.00K | $529.00K | $455.00K | $605.00K | $533.00K | $535.00K | $575.00K | $607.00K | $542.00K | $439.00K |
| Avg Forecast | $905.45K | $809.95K | $749.63K | $700.36K | $673.12K | $513.64K | $399.98K | $275.68K | $513.43K | $590.85K | $516.42K | $428.27K | $796.78K | $688.78K | $1.29M | $487.93K | $1.29M | $1.40M | $1.24M | $590.57K | $1.08M | $1.00M | $981.82K | $1.05M | $1.08M | $1.05M | $1.09M | $653.69K | $615.91K | $439.00K |
| High Forecast | $905.45K | $809.95K | $749.63K | $700.36K | $673.12K | $513.64K | $399.98K | $275.68K | $513.43K | $590.85K | $516.42K | $428.27K | $796.78K | $826.54K | $1.29M | $585.51K | $1.29M | $1.40M | $1.24M | $708.68K | $1.08M | $1.00M | $981.82K | $1.26M | $1.08M | $1.05M | $1.09M | $784.43K | $739.09K | $526.80K |
| Low Forecast | $905.45K | $809.95K | $749.63K | $700.36K | $673.12K | $513.64K | $399.98K | $275.68K | $513.43K | $590.85K | $516.42K | $428.27K | $796.78K | $551.03K | $1.29M | $390.34K | $1.29M | $1.40M | $1.24M | $472.46K | $1.08M | $1.00M | $981.82K | $840.09K | $1.08M | $1.05M | $1.09M | $522.95K | $492.73K | $351.20K |
| Surprise % | - | - | - | - | - | - | - | - | 1.21% | 1.03% | 1.92% | 2.18% | 1.11% | 1.13% | 0.63% | 1.69% | 0.58% | 0.47% | 0.61% | 1.08% | 0.62% | 0.53% | 0.46% | 0.58% | 0.50% | 0.51% | 0.53% | 0.93% | 0.88% | 1.00% |
Great Ajax's average Quarter SG&A projection for Mar 24 is $275.68K, based on 0 Wall Street analysts, with a range of $275.68K to $275.68K. The forecast indicates a -55.75% fall compared to AJX last annual SG&A of $623.00K (Dec 23).
Great Ajax EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | 1 | - | 1 | - | - | - | - | - | - | - | - | - | - | - | 9 | 8 | 7 | 6 | 5 | 5 | 5 | 5 | 13 | 8 |
| EPS | - | - | - | - | - | - | - | - | $-0.86 | $-0.25 | $-0.51 | $-0.32 | $-0.28 | $-0.42 | $-0.21 | $0.15 | $0.41 | $0.49 | $0.54 | $0.39 | $0.56 | $0.32 | $0.35 | $0.02 | $0.32 | $0.39 | $0.68 | $0.39 | $0.41 | $0.47 |
| Avg Forecast | $0.15 | $0.12 | $0.10 | $0.09 | $-0.34 | $-0.38 | $-0.30 | $-0.07 | $0.20 | $0.18 | $0.01 | $-0.03 | $0.20 | $0.24 | $0.31 | $0.34 | $0.33 | $0.39 | $0.31 | $0.28 | $0.23 | $0.22 | $0.24 | $0.28 | $0.38 | $0.37 | $0.39 | $0.39 | $0.50 | $0.46 |
| High Forecast | $0.15 | $0.12 | $0.10 | $0.09 | $-0.34 | $0.03 | $-0.30 | $-0.07 | $0.43 | $0.18 | $0.01 | $-0.03 | $0.20 | $0.24 | $0.31 | $0.34 | $0.33 | $0.39 | $0.31 | $0.28 | $0.23 | $0.22 | $0.24 | $0.28 | $0.38 | $0.37 | $0.39 | $0.39 | $0.60 | $0.55 |
| Low Forecast | $0.15 | $0.12 | $0.10 | $0.09 | $-0.34 | $-0.79 | $-0.30 | $-0.07 | $-0.01 | $0.18 | $0.01 | $-0.03 | $0.20 | $0.24 | $0.31 | $0.34 | $0.33 | $0.39 | $0.31 | $0.28 | $0.23 | $0.22 | $0.24 | $0.28 | $0.38 | $0.37 | $0.39 | $0.39 | $0.40 | $0.37 |
| Surprise % | - | - | - | - | - | - | - | - | -4.20% | -1.35% | -102.00% | 11.64% | -1.39% | -1.77% | -0.68% | 0.44% | 1.25% | 1.26% | 1.74% | 1.39% | 2.46% | 1.48% | 1.46% | 0.07% | 0.84% | 1.05% | 1.76% | 1.00% | 0.82% | 1.02% |
According to 0 Wall Street analysts, Great Ajax's projected average Quarter EPS for Jun 22 is $0.31, with a low estimate of $0.31 and a high estimate of $0.31. This represents a 105.00% increase compared to AJX previous annual EPS of $0.15 (Mar 22).
Great Ajax Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| AJX | Great Ajax | $3.46 | $11.00 | 217.92% | Buy |
| ACRE | Ares Commercial Real Estate | $7.54 | $16.00 | 112.20% | Hold |
| ARI | Apollo Commercial Real Estate Finance | $9.56 | $13.50 | 41.21% | - |
| KREF | KKR Real Estate Finance Trust | $12.30 | $16.17 | 31.46% | Buy |
| TRTX | TPG RE Finance Trust | $8.58 | $11.13 | 29.72% | Buy |
| FBRT | Franklin BSP Realty Trust | $12.65 | $15.33 | 21.19% | Buy |
| RC | Ready Capital | $7.71 | $9.00 | 16.73% | Buy |
| EARN | Ellington Residential Mortgage REIT | $6.98 | $8.00 | 14.61% | Buy |
| TWO | Two Harbors Investment | $14.02 | $15.63 | 11.48% | Buy |
| LADR | Ladder Capital | $12.20 | $13.25 | 8.61% | Buy |
| EFC | Ellington Financial | $13.30 | $13.50 | 1.50% | Buy |
| NREF | NexPoint Real Estate Finance | $16.07 | $14.00 | -12.88% | Hold |
AJX Forecast FAQ
Is Great Ajax a good buy?
Yes, according to 5 Wall Street analysts, Great Ajax (AJX) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 60.00% of AJX's total ratings.
What is AJX's price target?
Great Ajax (AJX) average price target is $11 with a range of $6 to $16, implying a 207.26% from its last price of $3.58. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Great Ajax stock go up soon?
According to Wall Street analysts' prediction for AJX stock, the company can go up by 207.26% (from the last price of $3.58 to the average price target of $11), up by 346.93% based on the highest stock price target, and up by 67.60% based on the lowest stock price target.
Can Great Ajax stock reach $5?
AJX's average twelve months analyst stock price target of $11 supports the claim that Great Ajax can reach $5 in the near future.
What are Great Ajax's analysts' financial forecasts?
Great Ajax's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $26.46M (high $26.46M, low $26.46M), average EBITDA is $11.99M (high $11.99M, low $11.99M), average net income is $-43.082M (high $-26.951M, low $-59.213M), average SG&A $1.86M (high $1.86M, low $1.86M), and average EPS is $-1.095 (high $-0.685, low $-1.505). AJX's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $44.98M (high $44.98M, low $44.98M), average EBITDA is $20.38M (high $20.38M, low $20.38M), average net income is $18.1M (high $18.1M, low $18.1M), average SG&A $3.17M (high $3.17M, low $3.17M), and average EPS is $0.46 (high $0.46, low $0.46).
Did the AJX's actual financial results beat the analysts' financial forecasts?
Based on Great Ajax's last annual report (Dec 2023), the company's revenue was $-17.074M, which missed the average analysts forecast of $29.11M by -158.65%. Apple's EBITDA was $-49.018M, missing the average prediction of $13.19M by -471.55%. The company's net income was $-49.261M, missing the average estimation of $14.46M by -440.70%. Apple's SG&A was $3.16M, beating the average forecast of $2.05M by 54.08%. Lastly, the company's EPS was $-0.002, missing the average prediction of $0.367 by -100.54%. In terms of the last quarterly report (Dec 2023), Great Ajax's revenue was $3.92M, missing the average analysts' forecast of $7.3M by -46.29%. The company's EBITDA was $1.46M, missing the average prediction of $3.31M by -55.81%. Great Ajax's net income was $-23.197M, missing the average estimation of $8.07M by -387.61%. The company's SG&A was $623K, beating the average forecast of $513.43K by 21.34%. Lastly, the company's EPS was $-0.86, missing the average prediction of $0.205 by -519.51%