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NYSE:AOMR

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

$11.71
-0.28 (-2.34%)
(As of 07/5/2024 08:52 PM ET)
Today's Range
$11.65
$12.19
50-Day Range
$10.53
$13.15
52-Week Range
$7.60
$13.31
Volume
123,700 shs
Average Volume
46,507 shs
Market Capitalization
$292.74 million
P/E Ratio
6.36
Dividend Yield
10.93%
Price Target
$10.83

Angel Oak Mortgage REIT MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
7.5% Downside
$10.83 Price Target
Short Interest
Bearish
5.50% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
52.33%
From $0.86 to $1.31 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.93 out of 5 stars

Finance Sector

737th out of 822 stocks

Real Estate Industry

20th out of 20 stocks

AOMR stock logo

About Angel Oak Mortgage REIT Stock (NYSE:AOMR)

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.

AOMR Stock Price History

AOMR Stock News Headlines

[Urgent] Hedge Funds Expect Major Crypto Moves
In the year following Bitcoin’s last Halving event, that happened in May of 2020… Bitcoin shot up over 550%. But that’s not all…
Q1 2024 Angel Oak Mortgage REIT Inc Earnings Call
[Urgent] Hedge Funds Expect Major Crypto Moves
In the year following Bitcoin’s last Halving event, that happened in May of 2020… Bitcoin shot up over 550%. But that’s not all…
Angel Oak Mortgage Inc (AOMR)
Q4 2023 Angel Oak Mortgage REIT Inc Earnings Call
Angel Oak Mortgage Turns To Profit In Q4; Stock Up In Pre-market
Earnings Preview For Angel Oak Mortgage REIT
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Ex-Dividend for 5/31 Dividend
5/21/2024
Dividend Payable
5/31/2024
Today
7/07/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate
Sub-Industry
N/A
Fax
N/A
Employees
300
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$10.83
High Stock Price Target
$12.00
Low Stock Price Target
$10.00
Potential Upside/Downside
-7.5%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$33.71 million
Pretax Margin
48.85%

Debt

Sales & Book Value

Annual Sales
$66.56 million
Book Value
$10.26 per share

Miscellaneous

Free Float
24,374,000
Market Cap
$292.74 million
Optionable
Not Optionable
Beta
1.44
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Key Executives

  • Mr. Sreeniwas Vikram Prabhu (Age 50)
    President & CEO
    Comp: $10.11k
  • Mr. Brandon Robert Filson (Age 44)
    Treasurer & CFO
    Comp: $887.89k
  • Mr. Patrick Journy
    Chief Accounting Officer
  • KC Kelleher
    Head of Corporate Finance & Investor Relations
  • Mr. Namit Sinha
    Chief Investment Officer of Private Strategies
  • Mr. David William Gordon
    Corporate Secretary

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 increased by 10.5% and is now trading at $11.71.
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) released its earnings results on Tuesday, May, 7th. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.16 by $0.08. The business earned $25.21 million during the quarter, compared to analysts' expectations of $26.60 million. Angel Oak Mortgage REIT had a net margin of 47.28% and a negative trailing twelve-month return on equity of 7.29%.

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 a price of $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.

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.

This page (NYSE:AOMR) was last updated on 7/8/2024 by MarketBeat.com Staff

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