Angel Oak Mortgage REIT, Inc. (NYSE:AOMR – Free Report) – Equities researchers at B. Riley increased their Q1 2025 EPS estimates for shares of Angel Oak Mortgage REIT in a research report issued on Tuesday, March 4th. B. Riley analyst R. Binner now expects that the company will post earnings of $0.27 per share for the quarter, up from their previous forecast of $0.25. B. Riley currently has a “Hold” rating on the stock. The consensus estimate for Angel Oak Mortgage REIT’s current full-year earnings is $0.03 per share.
A number of other research firms also recently commented on AOMR. Wells Fargo & Company reduced their price objective on shares of Angel Oak Mortgage REIT from $12.00 to $11.00 and set an “overweight” rating for the company in a research note on Wednesday. Jones Trading restated a “buy” rating and set a $12.50 price objective on shares of Angel Oak Mortgage REIT in a research note on Tuesday. Finally, Janney Montgomery Scott began coverage on shares of Angel Oak Mortgage REIT in a research note on Thursday, January 2nd. They set a “buy” rating and a $13.00 price objective for the company. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, Angel Oak Mortgage REIT has a consensus rating of “Moderate Buy” and a consensus price target of $12.08.
Angel Oak Mortgage REIT Price Performance
Shares of NYSE AOMR opened at $9.73 on Friday. The firm has a market cap of $228.76 million, a PE ratio of 3.31 and a beta of 1.47. The company has a current ratio of 5.76, a quick ratio of 5.76 and a debt-to-equity ratio of 5.29. Angel Oak Mortgage REIT has a 1-year low of $8.88 and a 1-year high of $13.32. The company has a fifty day moving average price of $9.98 and a 200 day moving average price of $10.00.
Angel Oak Mortgage REIT Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were paid a $0.32 dividend. The ex-dividend date of this dividend was Friday, February 21st. This represents a $1.28 dividend on an annualized basis and a yield of 13.16%. Angel Oak Mortgage REIT’s dividend payout ratio (DPR) is 112.28%.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio increased its stake in Angel Oak Mortgage REIT by 55.2% in the fourth quarter. Public Employees Retirement System of Ohio now owns 6,465 shares of the company’s stock valued at $60,000 after acquiring an additional 2,300 shares during the last quarter. Alpine Global Management LLC bought a new position in Angel Oak Mortgage REIT in the fourth quarter valued at approximately $956,000. Two Sigma Advisers LP increased its stake in Angel Oak Mortgage REIT by 37.6% in the fourth quarter. Two Sigma Advisers LP now owns 26,700 shares of the company’s stock valued at $248,000 after acquiring an additional 7,300 shares during the last quarter. Millennium Management LLC increased its stake in Angel Oak Mortgage REIT by 52.0% in the fourth quarter. Millennium Management LLC now owns 102,221 shares of the company’s stock valued at $949,000 after acquiring an additional 34,977 shares during the last quarter. Finally, Lazard Asset Management LLC increased its stake in Angel Oak Mortgage REIT by 40.8% in the fourth quarter. Lazard Asset Management LLC now owns 14,785 shares of the company’s stock valued at $137,000 after acquiring an additional 4,282 shares during the last quarter. 80.15% of the stock is owned by institutional investors.
Angel Oak Mortgage REIT Company Profile
Angel Oak Mortgage REIT, Inc, a real estate finance company, focuses on acquiring and investing in first lien non- qualified mortgage loans and other mortgage-related assets in the United States mortgage market. It offers investment securities; residential mortgage loans; and commercial mortgage loans.
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