Angel Oak Mortgage REIT (NYSE:AOMR) Announces Quarterly Earnings Results

Angel Oak Mortgage REIT (NYSE:AOMR) announced its quarterly earnings data on Tuesday. The company reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.12), FiscalAI reports. Angel Oak Mortgage REIT had a net margin of 30.65% and a return on equity of 5.15%. The business had revenue of ($2.20) million during the quarter, compared to the consensus estimate of $11.14 million.

Here are the key takeaways from Angel Oak Mortgage REIT’s conference call:

• Continued operating earnings momentum — net interest income rose to $12.1M (up 20% YoY) and distributable earnings were $4.6M, driven by accretive loan purchases and margin expansion.
• Reported a GAAP net loss of $7.4M (−$0.30/share) driven by roughly $13.1M of unrealized valuation losses on loan portfolios as rates and spreads widened amid geopolitical volatility, lowering GAAP book value to $10.31/share.
• Strong capital markets execution — completed the AOMT 2026-2 securitization ($272M UPB, 7.1% WAC) with AAA bonds pricing ~113bps and reiterated a target cadence of ~4 securitizations per year.
• Conservative portfolio and liquidity posture — recent purchases had a 7.3% average coupon, 67% CLTV and 759 average credit score; company ended the quarter with $42M cash, 1.3x recourse debt-to-equity and ~ $1.1B undrawn financing capacity while 90+ day delinquencies were 2.7%.

Angel Oak Mortgage REIT Stock Performance

AOMR traded down $0.06 on Tuesday, hitting $8.97. The company’s stock had a trading volume of 21,200 shares, compared to its average volume of 82,444. Angel Oak Mortgage REIT has a 12 month low of $7.96 and a 12 month high of $10.34. The firm has a market cap of $223.53 million, a P/E ratio of 4.96 and a beta of 1.32. The company has a quick ratio of 10.95, a current ratio of 10.95 and a debt-to-equity ratio of 7.49. The company’s 50 day simple moving average is $8.57 and its 200-day simple moving average is $8.79.

Angel Oak Mortgage REIT Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 20th were issued a $0.32 dividend. The ex-dividend date of this dividend was Friday, February 20th. This represents a $1.28 annualized dividend and a yield of 14.3%. Angel Oak Mortgage REIT’s dividend payout ratio (DPR) is 70.72%.

Hedge Funds Weigh In On Angel Oak Mortgage REIT

Several hedge funds have recently made changes to their positions in AOMR. Invesco Ltd. raised its stake in shares of Angel Oak Mortgage REIT by 32.6% during the 2nd quarter. Invesco Ltd. now owns 23,225 shares of the company’s stock valued at $219,000 after purchasing an additional 5,711 shares during the period. Alliancebernstein L.P. boosted its stake in Angel Oak Mortgage REIT by 21.5% in the 3rd quarter. Alliancebernstein L.P. now owns 20,380 shares of the company’s stock worth $191,000 after purchasing an additional 3,600 shares during the period. Barclays PLC grew its holdings in Angel Oak Mortgage REIT by 21.4% during the 4th quarter. Barclays PLC now owns 21,239 shares of the company’s stock valued at $183,000 after buying an additional 3,741 shares in the last quarter. Lazard Asset Management LLC grew its holdings in Angel Oak Mortgage REIT by 8.4% during the 3rd quarter. Lazard Asset Management LLC now owns 19,503 shares of the company’s stock valued at $183,000 after buying an additional 1,509 shares in the last quarter. Finally, EP Wealth Advisors LLC bought a new stake in shares of Angel Oak Mortgage REIT during the fourth quarter valued at about $154,000. 80.15% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages recently weighed in on AOMR. Weiss Ratings raised shares of Angel Oak Mortgage REIT from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday. JonesTrading reissued a “buy” rating and set a $10.50 target price on shares of Angel Oak Mortgage REIT in a research report on Thursday, February 26th. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $11.08.

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.