AJX News and Press, Great Ajax Corp. From 10/20/23

Ellington Financial Inc. (NYSE: EFC) (“Ellington Financial”), a real estate investment trust investing in a diverse array of financial assets including residential and commercial mortgage loans, and Great Ajax Corp. (NYSE: AJX) (“Great Ajax”) , a real estate inve...

2023-10-08 09:00:00 ET Summary U.S. equity markets remained volatile this week as benchmark interest rates surged through multi-decade highs after employment data showed resilient labor market trends, bolstering the Fed's case to remain hawkish. Narrowly avoiding a fifth-straight ...

2023-08-31 09:00:00 ET Summary Rates Up, REITs Down. Commercial and residential real estate markets remain an easy transmission mechanism - or "punching bag" - of the Federal Reserve's historically swift monetary tightening cycle. Higher For Longer? The business models of many pri...

2023-08-14 00:51:22 ET Summary Bond prices tumble as PPI exceeds expectations, raising the 10y US T-Note yield to 4.15%. Arlington Asset Investment Corp.'s Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred presents an opportunity in the changing environment. AAIC...

2023-08-07 21:09:34 ET Summary Real estate investors saw rents soar for apartments and industrial/logistics space before cooling down. Plymouth Industrial REIT is trading at a sub-sector multiple of just 12.4(x), but has outperformed its sector peers. Plymouth's redemption of ...

2023-08-05 15:30:06 ET Great Ajax Corp. (AJX) Q2 2023 Earnings Conference Call August 03, 2023 5:00 PM ET Company Participants Lawrence Mendelsohn – Chief Executive Officer Conference Call Participants Presentation Operator Good afterno...

2023-08-03 17:01:15 ET Great Ajax press release ( NYSE: AJX ): Q2 Non-GAAP EPS of -$0.11. Revenue of -$2.41M, vs. $8.77M a year ago. Shares -0.6% AH. For further details see: Great Ajax Non-GAAP EPS of -$0.11, revenue of $2.41M

Second Quarter Highlights Interest income of $18.3 million; net interest income of $3.3 million Net loss attributable to common stockholders of $(12.0) million Operating loss of $(2.5) million Earnings per share ("EPS") per basic common share was a loss of $(0.51) Operatin...

Great Ajax Corp. (NYSE: AJX), a Maryland corporation that is a real estate investment trust, today announces that it intends to release its financial results for the second quarter 2023 on Thursday, August 3, 2023 at approximately 4:05 p.m. ET. In conjunction with the release, Great Ajax will...

2023-07-16 09:00:00 ET Summary U.S. equity markets advanced to their highest levels of the year on an "inflation week" rally after the closely-watched CPI and PPI reports showed a continued sharp cooldown in price pressures. Closing at the highest levels since April 2022, the S&am...