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

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Angel Oak Mortgage REIT in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AOMR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AOMR, but not buy additional shares or sell existing shares.
View AOMR analyst ratings or view top-rated stocks.

4 Wall Street research analysts have issued 1 year target prices for Angel Oak Mortgage REIT's stock. Their AOMR share price forecasts range from $6.50 to $15.00. On average, they anticipate the company's share price to reach $11.50 in the next twelve months. This suggests a possible upside of 44.3% from the stock's current price.
View analysts price targets for AOMR or view top-rated stocks among Wall Street analysts.

Angel Oak Mortgage REIT's stock was trading at $4.73 at the beginning of the year. Since then, AOMR shares have increased by 68.5% and is now trading at $7.97.
View the best growth stocks for 2023 here.

Angel Oak Mortgage REIT saw a decline in short interest during the month of April. As of April 15th, there was short interest totaling 1,040,000 shares, a decline of 6.3% from the March 31st total of 1,110,000 shares. Based on an average trading volume of 88,200 shares, the short-interest ratio is currently 11.8 days. Currently, 5.6% of the shares of the company are sold short.
View Angel Oak Mortgage REIT's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our AOMR earnings forecast.

Angel Oak Mortgage REIT, Inc. (NYSE:AOMR) announced its quarterly earnings results on Monday, November, 8th. The company reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by $0.10. The business had revenue of $15.59 million for the quarter, compared to analysts' expectations of $21.11 million. Angel Oak Mortgage REIT had a negative net margin of 128.16% and a negative trailing twelve-month return on equity of 11.30%.

Angel Oak Mortgage REIT declared a quarterly dividend on Thursday, May 4th. Investors of record on Monday, May 22nd will be given a dividend of $0.32 per share on Wednesday, May 31st. This represents a $1.28 annualized dividend and a yield of 16.06%. The ex-dividend date of this dividend is Friday, May 19th.
Read our dividend analysis for AOMR.

ETFs with the largest weight of Angel Oak Mortgage REIT (NYSE:AOMR) stock in their portfolio include WisdomTree Alternative Income Fund (HYIN).iShares Mortgage Real Estate ETF (REM).

Angel Oak Mortgage REIT (NYSE:AOMR) pays an annual dividend of $1.28 per share and currently has a dividend yield of 16.39%. AOMR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for AOMR.

(AOMR) raised $166 million in an initial public offering (IPO) on Thursday, June 17th 2021. The company issued 8,100,000 shares at $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.

Angel Oak Mortgage REIT trades on the New York Stock Exchange (NYSE) under the ticker symbol "AOMR."

Angel Oak Mortgage REIT's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (3.79%), State Street Corp (1.35%), Geode Capital Management LLC (1.21%), Wolverine Asset Management LLC (0.74%), Equitec Proprietary Markets LLC (0.50%) and Bank of New York Mellon Corp (0.30%). Insiders that own company stock include Brandon Filson, Christine Jurinich, Davidson Kempner Capital Manag, Dory Black, Jonathan Morgan, Michael Fierman and W D Minami.
View institutional ownership trends.

Shares of AOMR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of AOMR stock can currently be purchased for approximately $7.97.

Angel Oak Mortgage REIT (NYSE:AOMR) has a market capitalization of $198.29 million and generates $115.54 million in revenue each year. The company earns $-187,830,000.00 in net income (profit) each year or ($5.87) on an earnings per share basis.

The official website for the company is www.angeloakreit.com. The company can be reached via phone at 404-953-4900 or via email at investorrelations@angeloakreit.com.