AJX News and Press, Great Ajax Corp. From 07/03/23

− Transaction Increases Scale and Enhances Access to Securitization Markets – − Synergistic Expansion Expected to Drive Earnings Accretion and Long-Term Growth − Ellington Financial Inc. (NYSE: EFC) (“Ellington Financial”), a real estate i...

2023-06-27 10:00:00 ET Summary Recovering from a sharp sell-off in the wake of the Silicon Valley and First Republic Bank collapses, Mortgage REITs have rebounded as turmoil across interest rate markets has calmed. Distress in the commercial and residential real estate markets has...

2023-06-16 06:55:07 ET Summary Great Ajax Corp. specializes in purchasing of poor-quality mortgage loans and making them perform - a strategy that may perform well during an economic recovery. AJX’s earnings are most likely to recover due to favorable economic environment, ...

2023-06-03 01:00:00 ET Summary May 2023 saw a rebound for dividend-paying companies in the U.S. stock market, with an increase in firms raising dividends and a decrease in dividend-paying firms. However, our sampling found 37 announcements of reduced, cut, or suspended dividends, ...

2023-05-14 09:00:00 ET Summary U.S. equity markets finished lower for a second-straight week as data showing an encouraging cooldown of inflationary pressures was offset by ongoing regional bank instability and an unresolved debt ceiling standoff. Declining for a second week after...

2023-05-11 10:00:00 ET Summary After covering the Winners of REIT Earnings Season earlier this week, Part 2 of our Earnings Recap focuses on the worst-performing property sectors and common threads shared by these laggards. While there were upside standouts and some solid reports ...

2023-05-07 09:00:00 ET Summary U.S. equity markets finished lower on a turbulent week after the Federal Reserve continued its historically-aggressive monetary tightening course, sparking renewed turmoil in the regional banking sector. After closing at its highest levels since earl...

2023-05-06 12:31:05 ET Great Ajax Corp. (AJX) Q1 2023 Earnings Conference Call May 4, 2023 5:00 PM ET Company Participants Larry Mendelsohn – Chief Executive Officer Mary Doyle – Chief Financial Officer Conference Call Participants Matt Howl...

2023-05-04 16:41:32 ET Great Ajax press release ( NYSE: AJX ): Q1 Non-GAAP EPS of -$0.09 misses by $0.14 . Revenue of $0.54M (-96.4% Y/Y) misses by $6.3M . Shares -0.34% . For further details see: Great Ajax Non-GAAP EPS of -$0.09 misses by $0.14,...

First Quarter Highlights Interest income of $18.5 million; net interest income of $3.5 million Net loss attributable to common stockholders of $(7.9) million Operating loss of $(2.1) million Earnings per share ("EPS") per basic common share was a loss of $(0.34) Operating ...