大阿賈克斯因獲利不佳而削減股息

Great Ajax: Earnings Beat and Dividend Cut

偉大的阿賈克斯：獲利成長和股息削減

Is Great Ajax a Buy After Earnings Miss?

在盈利不佳後，偉大的 Ajax 值得買入嗎？

B. Riley analyst M. Howlett is bullish on Great Ajax, assigning a "Buy" rating and a $6.00 price objective despite the company's earnings miss in Q1 2024. The analyst estimates EPS of ($0.07) for the quarter, below the consensus estimate of $0.02. Howlett also forecasts earnings of ($0.01) EPS for Q2 2024, $0.03 EPS for Q3 2024, $0.08 EPS for Q4 2024, $0.02 EPS for FY2024, $0.09 EPS for Q1 2025, $0.10 EPS for Q2 2025, $0.12 EPS for Q3 2025, $0.15 EPS for Q4 2025, and $0.45 EPS for FY2025.

B. Riley 分析師M. Howlett 看好Great Ajax，給予「買進」評級和6.00 美元的價格目標，儘管該公司2024 年第一季的獲利未達標。分析師預計本季每股收益為（0.07 美元），低於普遍預期0.02 美元。 Howlett 也預測2024 年第二季的每股盈餘為（0.01 美元），2024 年第三季的每股盈餘為0.03 美元，2024 年第四季的每股盈餘為0.08 美元，2024 財年的每股收益為0.02 美元，2025 年第一季的每股收益為0.09 美元，2025 年第二季的每股收益為0.10 美元，2025 年第三季的每股收益為0.12 美元，每股收益為0.15 美元2025 年第四季的每股盈餘為0.45 美元，2025 財年的每股盈餘為0.45 美元。

Great Ajax's Recent Financial Performance

Great Ajax 近期的財務表現

Great Ajax recently reported its quarterly earnings data, with EPS of ($0.07) for the quarter, missing analysts' estimates by ($0.28). Revenue for the quarter was $17.66 million, below expectations of $5.65 million. The company also cut its quarterly dividend to $0.10 per share, representing an annualized dividend of $0.40 and a yield of 10.78%.

Great Ajax 最近公佈了其季度獲利數據，該季度每股收益為（0.07 美元），低於分析師預期（0.28 美元）。該季度營收為 1766 萬美元，低於預期的 565 萬美元。該公司也將季度股息削減至每股0.10美元，年化股息為0.40美元，殖利率為10.78%。

Analyst Sentiment on Great Ajax

分析師對 Great Ajax 的看法

JMP Securities downgraded Great Ajax from an "outperform" to a "market perform" rating in January, while StockNews.com upgraded the stock from a "sell" to a "hold" rating in March. The company has a consensus rating of "Hold" among analysts.

JMP 證券 1 月將 Great Ajax 評級從“跑贏大盤”下調至“市場表現”，而 StockNews.com 3 月將該股評級從“賣出”上調至“持有”。分析師一致對該公司給予「持有」評級。

Technical Analysis of Great Ajax

大Ajax技術分析

Great Ajax's stock price has been trending lower, opening at $3.71 on Monday with a market capitalization of $101.88 million. The stock has a 50-day moving average price of $4.66 and a 200-day moving average price of $5.15. The company has a 1-year low of $3.30 and a 1-year high of $7.20.

Great Ajax股價一路走低，週一開盤價為3.71美元，市值為1.0188億美元。該股的 50 日移動均價為 4.66 美元，200 日移動均價為 5.15 美元。該公司的 1 年最低價為 3.30 美元，1 年最高價為 7.20 美元。

Institutional Ownership of Great Ajax

大阿賈克斯的機構所有權

Institutional investors have recently increased their stakes in Great Ajax. Raymond James & Associates increased its holdings by 38.0%, Healthcare of Ontario Pension Plan Trust Fund acquired a new stake, MetLife Investment Management LLC increased its holdings by 54.3%, Charles Schwab Investment Management Inc. increased its holdings by 2.7%, and Renaissance Technologies LLC increased its holdings by 5.1%. Hedge funds and other institutional investors own 58.60% of the company's stock.

機構投資者最近增持了 Great Ajax 的股份。 Raymond James & Associates 增持 38.0%，Healthcare of Ontario Pension Plan Trust Fund 增持新股份，MetLife Investment Management LLC 增持 54.3%，Charles Schwab Investment Management Inc. 增持 2.7%，Renaissance Technologies 增持LLC 增持5.1% 。對沖基金和其他機構投資者擁有該公司58.60%的股票。

Great Ajax's Business Overview

Great Ajax 的業務概覽

Great Ajax Corp. is a mortgage real estate investment trust that acquires re-performing and non-performing loans, originates small balance commercial mortgage loans secured by multi-family residential and commercial mixed-use retail/residential properties, and invests in single-family and smaller commercial properties.

Great Ajax Corp. 是一家抵押房地產投資信託公司，收購不良貸款和不良貸款，發放由多戶住宅和商業混合用途零售/住宅房產擔保的小額商業抵押貸款，並投資於單戶住宅和較小的商業地產。

Conclusion

結論

Despite missing analysts' earnings estimates in Q1 2024, B. Riley remains bullish on Great Ajax, assigning a "Buy" rating and a $6.00 price objective. The company's recent dividend cut and weak technical analysis may be concerns for investors, but the increased institutional ownership and Howlett's positive outlook could provide some support for the stock. Investors should carefully consider the risks and potential rewards before making any investment decisions.

儘管 2024 年第一季的獲利未達到分析師的預期，B. Riley 仍然看好 Great Ajax，給予「買入」評級和 6.00 美元的價格目標。該公司最近的股息削減和疲軟的技術分析可能會引起投資者的擔憂，但機構持股的增加和豪利特的積極前景可能會為該股提供一些支撐。投資者在做出任何投資決定之前應仔細考慮風險和潛在回報。