B. Riley Issues Optimistic Outlook for AOMR Earnings

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.

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.

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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

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.