AOMR
Angel Oak Mortgage REITAOMR
AOMR
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
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
360% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 5
92% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 13
30% more funds holding
Funds holding: 57 [Q2] → 74 (+17) [Q3]
25.8% less ownership
Funds ownership: 101.42% [Q2] → 75.62% (-25.8%) [Q3]
45% less capital invested
Capital invested by funds: $331M [Q2] → $184M (-$148M) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$12
19%
upside
Avg. target
$12.25
22%
upside
High target
$12.50
24%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
Wells Fargo Donald Fandetti 67% 1-year accuracy 22 / 33 met price target | 19%upside $12 | Overweight Maintained | 7 Nov 2024 |
Jones Trading Matthew Erdner 50% 1-year accuracy 6 / 12 met price target | 24%upside $12.50 | Buy Maintained | 6 Nov 2024 |
Financial journalist opinion
Neutral
Business Wire
5 days ago
KBRA Assigns Preliminary Ratings to Angel Oak Mortgage Trust 2025-1 (AOMT 2025-1)
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to seven classes of mortgage-backed certificates from Angel Oak Mortgage Trust 2025-1 (AOMT 2025-1), a $342.0 million non-prime RMBS transaction. The underlying collateral, comprised of 631 residential mortgages, is characterized by a significant concentration of loans underwritten using alternative income documentation. All the loans are either classified as non-qualified mortgages (56.6%) or exempt (43.4%) from the Ability-to-Repay/Q.
Neutral
Seeking Alpha
1 week ago
Angel Oak Mortgage REIT, Inc. NT 29: Attractive Debentures With An Unnatractive Price
Angel Oak Mortgage REIT (AOMR) specializes in non-qualified mortgages (non-QMs), targeting borrowers outside typical eligibility requirements. These loans come with higher interest rates and larger down payments. AOMN is a 9.5% fixed-rate senior note due July 2029, issued in a "baby bond" format with a $25 par value, making it accessible to retail investors. It is investment-grade. The bond faces credit risk tied to AOMR's performance, with risks heightened in a recessionary environment that could lead to borrower defaults and falling equity values.
Neutral
Business Wire
1 month ago
Angel Oak Mortgage REIT, Inc. Participates in AOMT 2024-13, Bringing Its 2024 Total Securitization Volume to Over $850 Million
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, announces its participation in AOMT 2024-13, a $288.9 million scheduled principal balance securitization backed by a pool of residential mortgage loans to which AOMR contributed a scheduled unpaid principal balance of $167.2 million.
Neutral
Business Wire
1 month ago
KBRA Assigns Preliminary Ratings to Angel Oak Mortgage Trust 2024-13 (AOMT 2024-13)
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to seven classes of mortgage-backed certificates from Angel Oak Mortgage Trust 2024-13 (AOMT 2024-13), a $288.9 million non-prime RMBS transaction. The underlying collateral, comprised of 627 residential mortgages, is characterized by a significant concentration of loans underwritten using alternative income documentation. All the loans are either classified as non-qualified mortgages (55.9%) or exempt (44.1%) from the Ability-to-Repay.
Neutral
Business Wire
2 months ago
KBRA Assigns Preliminary Ratings to Angel Oak Mortgage Trust 2024-12 (AOMT 2024-12)
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to seven classes of mortgage-backed certificates from Angel Oak Mortgage Trust 2024-12 (AOMT 2024-12), a $331.3 million non-prime RMBS transaction. The underlying collateral, comprised of 646 residential mortgages, is characterized by a significant concentration of loans underwritten using alternative income documentation. All the loans are either classified as non-qualified mortgages (59.5%) or exempt (40.5%) from the Ability-to-Repay.
Positive
Seeking Alpha
2 months ago
A Decisive Realignment
U.S. equity markets soared to record highs this week after President-elect Trump scored a surprisingly decisive election victory, including a likely "trifecta" of Republican legislative control in Congress. The outcome sparked powerful moves across global financial markets as investors priced in a combination of domestic-focused and "pro-growth" economic policies but also reflected concern over deficits and immigration policy. Characteristic of the "Trump trade" dynamic, smaller-cap companies led the surge, outperforming mega-cap technology and international-heavy peers. The S&P Small-Cap 600 soared 9%, outpacing 5% gains from the S&P 500.
Neutral
Seeking Alpha
2 months ago
Angel Oak Mortgage REIT, Inc. (AOMR) Q3 2024 Earnings Call Transcript
Angel Oak Mortgage REIT, Inc. (NYSE:AOMR ) Q3 2024 Earnings Conference Call November 6, 2024 8:30 AM ET Company Participants Sreeni Prabhu - Chief Executive Officer, President Brandon Filson - Chief Financial Officer, Treasurer Namit Sinha - Chief Investment Officer, Angel Oak Capital Advisors LLC KC Kelleher - Head of Corporate Finance, Investor Relations Conference Call Participants Don Fandetti - Wells Fargo Matthew Erdner - Jones Trading Eric Hagen - BTIG Matthew Howlett - B. Riley Chris Kotowski - Oppenheimer Operator Good day!
Negative
Zacks Investment Research
2 months ago
Angel Oak Mortgage (AOMR) Reports Q3 Loss, Lags Revenue Estimates
Angel Oak Mortgage (AOMR) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of $0.21. This compares to loss of $0.35 per share a year ago.
Neutral
Business Wire
2 months ago
Angel Oak Mortgage REIT, Inc. Reports Third 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 third quarter of 2024. Third Quarter and Year-to-Date Highlights Q3 2024 net interest income of $9.0 million, an increase of 22% versus $7.4 million in Q3 2023. Net interest income of $27.1 mi.
Neutral
Business Wire
2 months ago
KBRA Assigns Preliminary Ratings to Angel Oak Mortgage Trust 2024-11 (AOMT 2024-11)
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to seven classes of mortgage-backed certificates from Angel Oak Mortgage Trust 2024-11 (AOMT 2024-11), a $283.9 million non-prime RMBS transaction. The underlying collateral, comprised of 631 residential mortgages, is characterized by a significant concentration of loans underwritten using alternative income documentation. All the loans are either classified as non-qualified mortgages (Non-QM) (49.5%) or exempt (50.5%) from the Ability.
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