Angel Oak Mortgage REIT (AOMR) Stock Price, News & Analysis

Company Overview

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. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was incorporated in 2018 and is headquartered in Atlanta, Georgia.

Key Stats

• Today's Range: $9.21 to $9.44
• 50-Day Range: $8.96 to $10.59
• 52-Week Range: $8.88 to $13.31
• Volume: 66,293 shs
• Average Volume: 87,704 shs
• Market Capitalization: $221.11 million
• P/E Ratio: 3.20
• Dividend Yield: 13.61%
• Price Target: $12.00
• Consensus Rating: Hold

Angel Oak Mortgage REIT Stock Analysis - MarketRank™

Angel Oak Mortgage REIT scored higher than 96% of companies evaluated by MarketBeat, and ranked 52nd out of 916 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.2 / 5
• Analyst Rating: Hold

Consensus Rating

Angel Oak Mortgage REIT has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Angel Oak Mortgage REIT has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 217.50%

Earnings Growth

Earnings for Angel Oak Mortgage REIT are expected to grow by 217.50% in the coming year, from $0.40 to $1.27 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Angel Oak Mortgage REIT is 3.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.21.

Price to Earnings Ratio vs. Sector

The P/E ratio of Angel Oak Mortgage REIT is 3.20, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.55.

Price to Book Value per Share Ratio

Angel Oak Mortgage REIT has a P/B Ratio of 0.83. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.51% of the float of Angel Oak Mortgage REIT has been sold short.

Short Interest Ratio / Days to Cover

Angel Oak Mortgage REIT has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Angel Oak Mortgage REIT has recently increased by 24.26%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Angel Oak Mortgage REIT is a leading dividend payer. It pays a dividend yield of 13.66%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Angel Oak Mortgage REIT does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Angel Oak Mortgage REIT is 43.54%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on EPS estimates, Angel Oak Mortgage REIT will have a dividend payout ratio of 100.79% in the coming year. This indicates that Angel Oak Mortgage REIT may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.51% of the float of Angel Oak Mortgage REIT has been sold short.

Short Interest Ratio / Days to Cover

Angel Oak Mortgage REIT has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Angel Oak Mortgage REIT has recently increased by 24.26%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.9 / 5
• News Sentiment: 0.95

News Sentiment

Angel Oak Mortgage REIT has a news sentiment score of 0.95. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.78 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Angel Oak Mortgage REIT this week, compared to 1 article on an average week.

Search Interest

6 people have searched for AOMR on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

2 people have added Angel Oak Mortgage REIT to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Angel Oak Mortgage REIT insiders have sold 481.33% more of their company's stock than they have bought. Specifically, they have bought $48,650.00 in company stock and sold $282,815.00 in company stock.

Percentage Held by Insiders

Only 2.50% of the stock of Angel Oak Mortgage REIT is held by insiders.

Percentage Held by Institutions

80.15% of the stock of Angel Oak Mortgage REIT is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AOMR Stock Analysis - Frequently Asked Questions

How have AOMR shares performed this year?

Angel Oak Mortgage REIT's stock was trading at $10.60 at the beginning of the year. Since then, AOMR shares have decreased by 11.3% and is now trading at $9.4050.
View the best growth stocks for 2024 here.

How were Angel Oak Mortgage REIT's earnings last quarter?

Angel Oak Mortgage REIT, Inc. (NYSE:AOMR) issued its earnings results on Monday, November, 8th. The company reported $0.25 EPS for the quarter, missing the consensus estimate of $0.35 by $0.10. The firm earned $15.59 million during the quarter, compared to analysts' expectations of $21.11 million. Angel Oak Mortgage REIT had a negative trailing twelve-month return on equity of 4.51% and a net margin of 70.22%.

When did Angel Oak Mortgage REIT IPO?

Angel Oak Mortgage REIT (AOMR) raised $166 million in an initial public offering on Thursday, June 17th 2021. The company issued 8,100,000 shares at $20.00-$21.00 per share. Wells Fargo Securities, BofA Securities, Morgan Stanley, UBS Investment Bank and B. Riley Securities acted as the underwriters for the IPO and Nomura and Oppenheimer & Co. were co-managers.

Who are Angel Oak Mortgage REIT's major shareholders?

Angel Oak Mortgage REIT's top institutional shareholders include State Street Corp (1.42%), Geode Capital Management LLC (1.29%), Jacobs Levy Equity Management Inc. (0.62%) and Jacobs Asset Management LLC (0.40%). Insiders that own company stock include Davidson Kempner Capital Manag, Brandon Filson, W D Minami and Jonathan Morgan.
View institutional ownership trends.

How do I buy shares of Angel Oak Mortgage REIT?

Shares of AOMR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Angel Oak Mortgage REIT own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Angel Oak Mortgage REIT investors own include Waste Connections (WCN), American Water Works (AWK), AUO (AUOTY), DiamondRock Hospitality (DRH), The RMR Group (RMR), iShares Micro-Cap ETF (IWC) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 11/08/2021
• Ex-Dividend for 8/30 Dividend: 8/22/2024
• Dividend Payable: 8/30/2024
• Ex-Dividend for 11/27 Dividend: 11/19/2024
• Today: 11/22/2024
• Dividend Payable: 11/27/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/04/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate
• Sub-Industry: Real Estate
• Current Symbol: NYSE:AOMR
• CUSIP: N/A
• CIK: 1766478
• Web: www.angeloakreit.com
• Phone: 404-953-4900
• Fax: N/A
• Employees: 900
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $12.00
• High Stock Price Target: $13.50
• Low Stock Price Target: $10.50
• Potential Upside/Downside: +27.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.40
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.94
• Trailing P/E Ratio: 3.20
• Forward P/E Ratio: 23.51
• P/E Growth: N/A
• Net Income: $33.71 million
• Net Margins: 70.22%
• Pretax Margin: 73.83%
• Return on Equity: -4.51%
• Return on Assets: -0.52%

Debt

• Debt-to-Equity Ratio: 5.29
• Current Ratio: 5.76
• Quick Ratio: 5.76

Sales & Book Value

• Annual Sales: $95.95 million
• Price / Sales: 2.30
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $11.27 per share
• Price / Book: 0.83

Miscellaneous

• Outstanding Shares: 23,510,000
• Free Float: 22,923,000
• Market Cap: $221.11 million
• Optionable: Not Optionable
• Beta: 1.43