Angel Oak Mortgage REIT, Inc. (NYSE:AOMR - Free Report) - Investment analysts at B. Riley upped their Q1 2025 EPS estimates for Angel Oak Mortgage REIT in a research report issued on Tuesday, March 4th. B. Riley analyst R. Binner now forecasts that the company will post earnings of $0.27 per share for the quarter, up from their prior estimate of $0.25. B. Riley has a "Hold" rating on the stock. The consensus estimate for Angel Oak Mortgage REIT's current full-year earnings is $0.03 per share.
Several other equities research analysts have also recently commented on AOMR. Jones Trading restated a "buy" rating and set a $12.50 price target on shares of Angel Oak Mortgage REIT in a research note on Tuesday, March 4th. Wells Fargo & Company reduced their target price on shares of Angel Oak Mortgage REIT from $12.00 to $11.00 and set an "overweight" rating for the company in a research note on Wednesday, March 5th. Finally, Janney Montgomery Scott started coverage on shares of Angel Oak Mortgage REIT in a report on Thursday, January 2nd. They set a "buy" rating and a $13.00 price target for the company. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, Angel Oak Mortgage REIT currently has an average rating of "Moderate Buy" and an average price target of $12.08.
Read Our Latest Research Report on AOMR
Angel Oak Mortgage REIT Stock Performance
AOMR traded down $0.09 on Friday, hitting $9.56. 244,290 shares of the company traded hands, compared to its average volume of 105,215. Angel Oak Mortgage REIT has a 12-month low of $8.88 and a 12-month high of $13.32. The company has a 50 day moving average of $10.00 and a 200-day moving average of $9.94. The company has a quick ratio of 5.76, a current ratio of 5.76 and a debt-to-equity ratio of 5.29. The stock has a market capitalization of $224.65 million, a PE ratio of 3.25 and a beta of 1.47.
Angel Oak Mortgage REIT Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were given a dividend of $0.32 per share. The ex-dividend date of this dividend was Friday, February 21st. This represents a $1.28 annualized dividend and a yield of 13.40%. Angel Oak Mortgage REIT's payout ratio is currently 112.28%.
Institutional Investors Weigh In On Angel Oak Mortgage REIT
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Jacobs Asset Management LLC increased its stake in Angel Oak Mortgage REIT by 265.5% in the 4th quarter. Jacobs Asset Management LLC now owns 341,591 shares of the company's stock valued at $3,170,000 after purchasing an additional 248,131 shares in the last quarter. State Street Corp grew its holdings in Angel Oak Mortgage REIT by 3.4% in the third quarter. State Street Corp now owns 333,989 shares of the company's stock valued at $3,484,000 after purchasing an additional 10,909 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Angel Oak Mortgage REIT by 2.7% during the 4th quarter. Geode Capital Management LLC now owns 312,457 shares of the company's stock worth $2,901,000 after buying an additional 8,316 shares during the last quarter. Wells Fargo & Company MN boosted its position in shares of Angel Oak Mortgage REIT by 62.3% in the 4th quarter. Wells Fargo & Company MN now owns 184,965 shares of the company's stock worth $1,716,000 after buying an additional 70,990 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its stake in Angel Oak Mortgage REIT by 100.2% in the 4th quarter. Bank of New York Mellon Corp now owns 181,539 shares of the company's stock valued at $1,685,000 after acquiring an additional 90,844 shares during the last quarter. 80.15% of the stock is currently owned by institutional investors and hedge funds.
About Angel Oak Mortgage REIT
(
Get Free Report)
Angel Oak Mortgage REIT, Inc, a real estate finance company, focuses on acquiring and investing in first lien non- qualified mortgage loans and other mortgage-related assets in the United States mortgage market. It offers investment securities; residential mortgage loans; and commercial mortgage loans.
Further Reading
Before you consider Angel Oak Mortgage REIT, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Angel Oak Mortgage REIT wasn't on the list.
While Angel Oak Mortgage REIT currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
