Angel Oak Mortgage REIT (NYSE:AOMR) Posts Quarterly Earnings Results, Misses Expectations By $0.12 EPS

Angel Oak Mortgage REIT (NYSE:AOMR) released its quarterly earnings data on Tuesday. The company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.30 by ($0.12), FiscalAI reports. The company had revenue of ($2.20) million during the quarter, compared to analyst estimates of $11.14 million. Angel Oak Mortgage REIT had a net margin of 10.64% and a return on equity of 5.23%.

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

Shares of AOMR traded up $0.09 during midday trading on Thursday, reaching $8.96. 12,361 shares of the stock were exchanged, compared to its average volume of 82,804. Angel Oak Mortgage REIT has a twelve month low of $7.96 and a twelve month high of $10.34. 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 has a market cap of $223.28 million, a P/E ratio of 14.00 and a beta of 1.32. The stock’s 50 day simple moving average is $8.58 and its 200 day simple moving average is $8.78.

Angel Oak Mortgage REIT Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 22nd will be issued a dividend of $0.32 per share. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $1.28 dividend on an annualized basis and a dividend yield of 14.3%. Angel Oak Mortgage REIT’s dividend payout ratio (DPR) is currently 70.72%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of AOMR. JPMorgan Chase & Co. increased its position in shares of Angel Oak Mortgage REIT by 427.2% in the third quarter. JPMorgan Chase & Co. now owns 145,565 shares of the company’s stock worth $1,364,000 after purchasing an additional 117,956 shares during the period. Jacobs Levy Equity Management Inc. increased its position in shares of Angel Oak Mortgage REIT by 584.4% in the third quarter. Jacobs Levy Equity Management Inc. now owns 103,757 shares of the company’s stock worth $972,000 after purchasing an additional 88,596 shares during the period. Goldman Sachs Group Inc. increased its position in shares of Angel Oak Mortgage REIT by 83.6% in the first quarter. Goldman Sachs Group Inc. now owns 159,374 shares of the company’s stock worth $1,519,000 after purchasing an additional 72,555 shares during the period. Jane Street Group LLC bought a new position in shares of Angel Oak Mortgage REIT in the fourth quarter worth $452,000. Finally, Vanguard Group Inc. increased its position in shares of Angel Oak Mortgage REIT by 4.2% in the third quarter. Vanguard Group Inc. now owns 874,035 shares of the company’s stock worth $8,190,000 after purchasing an additional 35,580 shares during the period. Institutional investors own 80.15% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on AOMR shares. JonesTrading reissued a “buy” rating and issued a $10.50 price objective on shares of Angel Oak Mortgage REIT in a report on Thursday, February 26th. Weiss Ratings raised Angel Oak Mortgage REIT from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, May 1st. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price 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.