AOMR

Angel Oak Mortgage REIT
AOMR

$10.93

1.44%

Market Cap: $255M

About: Angel Oak Mortgage REIT Inc is a real estate finance company focused on acquiring and investing in the first lien non-QM loans and other mortgage-related assets in the U.S. mortgage market. Its objective is to generate attractive risk-adjusted returns for its stockholders, through cash distributions and capital appreciation, across interest rates and credit cycles.

Employees: 800

Real Estate Real Estate

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

140% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 5

27% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 15

14% more funds holding

Funds holding: 50 [Q1] → 57 (+7) [Q2]

3% less capital invested

Capital invested by funds: $271M [Q1] → $263M (-$7.4M) [Q2]

20.14% less ownership

Funds ownership: 100.82% [Q1] → 80.68% (-20.14%) [Q2]

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Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target

$13.50

24%

upside

Avg. target

$13.50

24%

upside

High target

$13.50

24%

upside

1 analyst rating

1 positive

100%

0 neutral

0%

0 negative

0%

BTIG

Eric Hagen

83% 1-year accuracy

5 / 6 met price target

24%upside

$13.50

Buy

Initiated

31 Jul 2024

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Financial journalist opinion

Based on 3 articles about AOMR published over the past 30 days

New Preferred Stock And Exchange Traded Debt IPOs, August 2024

Angel Oak Mortgage REIT, Valley National Bancorp, and Chimera Investment Corporation have introduced new fixed-income offerings with attractive yields and potential early redemption options. Investors can purchase newly introduced preferred stock shares at wholesale prices on the OTC exchange, potentially avoiding capital losses if prices drop. CDx3 Notification Service tracks preferred stock and ETD offerings, alerting investors when securities fall below par value, providing opportunities for discounted investments.

New Preferred Stock And Exchange Traded Debt IPOs, August 2024

24/7 Wall Street

Want $13,500? Check Out These High Dividend REIT Stocks

24/7 Wall Street Insights Real estate is a tried and true asset class for passive income wealth building, but the high entry price can eliminate those with limited liquid investment capital.

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Angel Oak Mortgage REIT, Inc. (AOMR) Q2 2024 Earnings Call Transcript

Angel Oak Mortgage REIT, Inc. (NYSE:AOMR ) Q2 2024 Earnings Conference Call August 6, 2024 8:30 AM ET Company Participants KC Kelleher - Head of Corporate Finance and Investor Relations Sreeni Prabhu - President and Chief Executive Officer Brandon Filson - Chief Financial Officer Conference Call Participants Don Fandetti - Wells Fargo Doug Harter - UBS Eric Hagen - BTIG Matthew Howlett - B. Riley Operator Good day, and welcome to the Angel Oak Mortgage Second Quarter 2024 Earnings Call.

Angel Oak Mortgage REIT, Inc. (AOMR) Q2 2024 Earnings Call Transcript

Zacks Investment Research

Angel Oak Mortgage (AOMR) Reports Q2 Loss, Tops Revenue Estimates

Angel Oak Mortgage (AOMR) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of $0.13. This compares to loss of $0.16 per share a year ago.

Angel Oak Mortgage (AOMR) Reports Q2 Loss, Tops Revenue Estimates

Angel Oak Mortgage REIT, Inc. Reports Second Quarter 2024 Financial Results

ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage REIT, Inc. (NYSE: AOMR) (the “Company,” “we,” and “our”), a leading real estate finance company focused on acquiring and investing in first lien non-QM loans and other mortgage-related assets in the U.S. mortgage market, today reported financial results for the second quarter of 2024. Second Quarter and Year-to-Date Highlights Q2 2024 net interest income of $9.5 million, an increase of 47% versus Q2 2023. Net interest income of $18.0 million in the f.

Angel Oak Mortgage REIT, Inc. Reports Second Quarter 2024 Financial Results

Preferreds Weekly Review: New Issuance Is Coming

We take a look at the action in preferreds and baby bonds through the fourth week of July and highlight some of the key themes we are watching. Preferreds were flat on the week and up month-to-date due to lower Treasury yields and steady credit spreads. Agency mortgage REITs like Dynex Capital and AGNC saw drops in book value, offset by equity issuance.

Preferreds Weekly Review: New Issuance Is Coming

CORRECTING and REPLACING Angel Oak Mortgage REIT, Inc. Sets Date for Second Quarter 2024 Earnings Release and Conference Call

ATLANTA--(BUSINESS WIRE)--First paragraph, first sentence of release should read: Angel Oak Mortgage REIT, Inc. (NYSE: AOMR) (the “Company,” “we,” and “our”), a leading real estate finance company focused on acquiring and investing in first lien non-QM loans and other mortgage-related assets in the U.S. mortgage market, announced today that the Company will release its second quarter 2024 financial results before the market opens on Tuesday, August 6, 2024. The updated release reads: ANGEL OAK.

CORRECTING and REPLACING Angel Oak Mortgage REIT, Inc. Sets Date for Second Quarter 2024 Earnings Release and Conference Call

Angel Oak Mortgage REIT, Inc. Announces Pricing of Public Offering of Senior Notes

ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage REIT, Inc. (NYSE: AOMR) (the “Company”) today announced that it has priced an underwritten public offering of $50,000,000 aggregate principal amount of its 9.500% Senior Notes due 2029 (the “Notes”). The Notes will be fully and unconditionally guaranteed on a senior unsecured basis by Angel Oak Mortgage Operating Partnership, LP through which the Company holds substantially all of its assets and conducts its operations. The Notes will be issued in mi.

Angel Oak Mortgage REIT, Inc. Announces Pricing of Public Offering of Senior Notes

Angel Oak Mortgage REIT, Inc. Announces Public Offering of Senior Notes

ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage REIT, Inc. (NYSE: AOMR) (the “Company”) today announced that it is commencing an underwritten public offering of senior notes due 2029 (the “Notes”). The Notes will be fully and unconditionally guaranteed on a senior unsecured basis by Angel Oak Mortgage Operating Partnership, LP through which the Company holds substantially all of its assets and conducts its operations. The Company intends to use the majority of the net proceeds from the offering fo.

Angel Oak Mortgage REIT, Inc. Announces Public Offering of Senior Notes

Angel Oak Mortgage: A Vertically Integrated Non-QM Lender

Angel Oak Mortgage REIT is a mortgage REIT that focuses on non-qualified mortgage loans, a niche corner of the home loan market. AOMR is part of the Angel Oak Ecosystem, a vertically integrated home lender that underwrites, acquires, and securitized non-QM loans. The outlook for AOMR is dependent on volume in the residential real estate market.

Angel Oak Mortgage: A Vertically Integrated Non-QM Lender

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