Shares of Angel Oak Mortgage REIT Inc. (NYSE:AOMR – Get Free Report) have earned an average rating of “Hold” from the five ratings firms that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $10.0833.
A number of brokerages recently weighed in on AOMR. BTIG Research reduced their price objective on Angel Oak Mortgage REIT from $13.50 to $10.00 and set a “buy” rating on the stock in a research report on Wednesday, June 17th. Weiss Ratings lowered Angel Oak Mortgage REIT from a “hold (c)” rating to a “sell (d+)” rating in a research note on Friday, May 15th.
Institutional Investors Weigh In On Angel Oak Mortgage REIT
Angel Oak Mortgage REIT Stock Performance
NYSE AOMR traded up $0.09 on Friday, reaching $9.03. The stock had a trading volume of 73,885 shares, compared to its average volume of 163,704. The company has a debt-to-equity ratio of 8.44, a current ratio of 13.09 and a quick ratio of 13.09. The company has a market cap of $224.93 million, a P/E ratio of 14.10 and a beta of 1.25. The firm has a fifty day moving average of $8.57 and a two-hundred day moving average of $8.67. Angel Oak Mortgage REIT has a 1-year low of $7.95 and a 1-year high of $10.14.
Angel Oak Mortgage REIT (NYSE:AOMR – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by ($0.12). The company had revenue of ($2.20) million during the quarter, compared to the consensus estimate of $11.14 million. Angel Oak Mortgage REIT had a net margin of 10.64% and a return on equity of 5.25%. On average, equities research analysts anticipate that Angel Oak Mortgage REIT will post 1.17 EPS for the current year.
Angel Oak Mortgage REIT Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 22nd were issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 14.2%. The ex-dividend date was Friday, May 22nd. Angel Oak Mortgage REIT’s dividend payout ratio is presently 200.00%.
Angel Oak Mortgage REIT Company Profile
Angel Oak Mortgage REIT, Inc (NYSE: AOMR) is a real estate investment trust that specializes in a diversified portfolio of residential mortgage assets. The company primarily invests in non-agency residential mortgage-backed securities (RMBS), residential whole loans and credit risk transfer securities issued by government-sponsored enterprises. By focusing on these structured credit instruments, Angel Oak Mortgage REIT seeks to generate attractive risk-adjusted returns through a combination of net interest income and potential capital appreciation.
The firm employs leverage through repurchase financing facilities and actively manages duration and credit exposure to adapt to changing market conditions.
Featured Articles
- Five stocks we like better than Angel Oak Mortgage REIT
- 3 Rare-Earth ETFs That Help Investors Balance Exposure and Risk
- Microsoft Bets on In-House AI to Cut OpenAI and Anthropic Costs
- Delta Air Lines Lives Up to Its Claims: Shares Can Keep Climbing
- This Dividend ETF Choice Could Shape Your Income Strategy Through 2026
Receive News & Ratings for Angel Oak Mortgage REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Angel Oak Mortgage REIT and related companies with MarketBeat.com's FREE daily email newsletter.
