Real Estate - REIT - Mortgage - NYSE - US
$ 9.8
-0.609 %
$ 230 M
Market Cap
3.37
P/E
Angel Oak Mortgage, 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. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Angel Oak Mortgage, Inc. was incorporated in 2018 and is headquartered in Atlanta, Georgia.[ Read More ]
The intrinsic value of one AOMR stock under the base case scenario is HIDDEN Compared to the current market price of 9.8 USD, Angel Oak Mortgage, Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart AOMR
FINANCIALS
54.9 M
REVENUE
-9.89 M
OPERATING INCOME
33.7 M
NET INCOME
306 M
OPERATING CASH FLOW
-194 M
INVESTING CASH FLOW
-108 M
FINANCING CASH FLOW
21.1 M
REVENUE
-2.01 M
OPERATING INCOME
31.2 M
NET INCOME
-212 M
OPERATING CASH FLOW
97.1 M
INVESTING CASH FLOW
114 M
FINANCING CASH FLOW
Balance Sheet Decomposition
Angel Oak Mortgage, Inc.
| Current Assets | 49.1 M |
| Cash & Short-Term Investments | 41.6 M |
| Receivables | 7.5 M |
| Other Current Assets | 0 |
| Non-Current Assets | 655 M |
| Long-Term Investments | 645 M |
| PP&E | 0 |
| Other Non-Current Assets | 10.1 M |
| Current Liabilities | 688 M |
| Accounts Payable | 393 M |
| Short-Term Debt | 291 M |
| Other Current Liabilities | 4.37 M |
| Non-Current Liabilities | 1.17 B |
| Long-Term Debt | 1.17 B |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
Angel Oak Mortgage, Inc.
| Revenue | 54.9 M |
| Cost Of Revenue | 12.4 M |
| Gross Profit | 42.5 M |
| Operating Expenses | 54.9 M |
| Operating Income | -9.89 M |
| Other Expenses | -43.6 M |
| Net Income | 33.7 M |
RATIOS
77.45%
GROSS MARGIN
-18.02%
OPERATING MARGIN
61.45%
NET MARGIN
13.16%
ROE
1.46%
ROA
-0.56%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Angel Oak Mortgage, Inc.
| Net Income | 33.7 M |
| Depreciation & Amortization | 112 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 1.69 M |
| Change in Working Capital | 28.3 M |
| Others | 262 M |
| Free Cash Flow | 306 M |
Wall Street Analysts Price Targets
Angel Oak Mortgage, Inc.
Wall Street analysts predict an average 1-year price target for AOMR of $13.5 , with forecasts ranging from a low of $13.5 to a high of $13.5 .
AOMR Lowest Price Target
Wall Street Target
13.5 USD
37.76%
AOMR Average Price Target
Wall Street Target
13.5 USD
37.76%
AOMR Highest Price Target
Wall Street Target
13.5 USD
37.76%
4. DIVIDEND ANALYSIS
3.04%
DIVIDEND YIELD
0.32 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Angel Oak Mortgage, Inc.
Sold
0-3 MONTHS
5.39 M USD 3
3-6 MONTHS
67.4 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
240 K USD 1
Bought
104 K USD 1
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
1 week ago
Nov 08, 2024
|
Bought 48.6 K USD
|
MINAMI W D
Director |
+ 5000
|
9.73 USD |
|
2 months ago
Sep 17, 2024
|
Sell 5 M USD
|
DAVIDSON KEMPNER CAPITAL MANAGEMENT LP
10 percent owner, other: See Remarks |
- 500000
|
10.001 USD |
|
2 months ago
Sep 05, 2024
|
Sell 252 K USD
|
Filson Brandon
CFO & Treasurer |
- 22894
|
11.0197 USD |
|
2 months ago
Sep 03, 2024
|
Sell 7.6 K USD
|
Filson Brandon
CFO & Treasurer |
- 677
|
11.23 USD |
|
2 months ago
Sep 04, 2024
|
Sell 34.4 K USD
|
Filson Brandon
CFO & Treasurer |
- 3084
|
11.1695 USD |
|
2 months ago
Aug 29, 2024
|
Sell 22.9 K USD
|
Filson Brandon
CFO & Treasurer |
- 2000
|
11.455 USD |
|
2 months ago
Aug 30, 2024
|
Sell 15.2 K USD
|
Filson Brandon
CFO & Treasurer |
- 1345
|
11.3 USD |
|
2 months ago
Aug 23, 2024
|
Bought 55.5 K USD
|
MINAMI W D
Director |
+ 5000
|
11.1 USD |
|
2 months ago
Aug 20, 2024
|
Sell 53.3 K USD
|
Morgan Jonathan
Director |
- 4377
|
12.1703 USD |
|
3 months ago
Aug 15, 2024
|
Sell 67.4 K USD
|
Morgan Jonathan
Director |
- 5623
|
11.9921 USD |
|
11 months ago
Nov 21, 2023
|
Sell 240 K USD
|
Filson Brandon
CFO & Treasurer |
- 24371
|
9.8547 USD |
|
1 year ago
Dec 05, 2022
|
Bought 24.9 K USD
|
Morgan Jonathan
Director |
+ 4000
|
6.22 USD |
|
1 year ago
Nov 30, 2022
|
Sell 138 K USD
|
Filson Brandon
CFO & Treasurer |
- 20000
|
6.9 USD |
|
1 year ago
Nov 30, 2022
|
Bought 29.4 K USD
|
Morgan Jonathan
Director |
+ 4000
|
7.34 USD |
|
2 years ago
May 20, 2022
|
Bought 395 K USD
|
YOSELOFF ANTHONY ALEXANDER
director: |
+ 30410
|
12.99 USD |
|
2 years ago
May 18, 2022
|
Bought 53.2 K USD
|
Morgan Jonathan
director: |
+ 4000
|
13.3 USD |
|
2 years ago
May 18, 2022
|
Bought 25.4 K USD
|
Filson Brandon
CFO & Treasurer |
+ 1900
|
13.37 USD |
|
2 years ago
Apr 01, 2022
|
Bought 65.6 K USD
|
Morgan Jonathan
director: |
+ 4000
|
16.4 USD |
|
2 years ago
Mar 30, 2022
|
Bought 1.63 K USD
|
MINAMI W D
director: |
+ 100
|
16.27 USD |
|
2 years ago
Nov 29, 2021
|
Bought 820 USD
|
Filson Brandon
CFO & Treasurer |
+ 50
|
16.4 USD |
|
2 years ago
Nov 29, 2021
|
Bought 409 USD
|
Filson Brandon
CFO & Treasurer |
+ 25
|
16.36 USD |
|
2 years ago
Nov 29, 2021
|
Bought 4.5 K USD
|
Filson Brandon
CFO & Treasurer |
+ 275
|
16.35 USD |
|
2 years ago
Nov 29, 2021
|
Bought 816 USD
|
Filson Brandon
CFO & Treasurer |
+ 50
|
16.33 USD |
|
2 years ago
Nov 29, 2021
|
Bought 1.63 K USD
|
Filson Brandon
CFO & Treasurer |
+ 100
|
16.3 USD |
|
3 years ago
Sep 20, 2021
|
Bought 16.6 K USD
|
Jurinich Christine
Director |
+ 1000
|
16.55 USD |
|
3 years ago
Sep 01, 2021
|
Bought 79.9 K USD
|
MINAMI W D
Director |
+ 4500
|
17.75 USD |
|
3 years ago
Jun 21, 2021
|
Bought 5.98 M USD
|
Fierman Michael
director, 10 percent owner: |
+ 315000
|
19 USD |
|
3 years ago
Jun 23, 2021
|
Bought 6.28 K USD
|
Jurinich Christine
Director |
+ 350
|
17.95 USD |
|
3 years ago
Jun 21, 2021
|
Bought 475 K USD
|
Fierman Michael
director, 10 percent owner: |
+ 25000
|
19 USD |
|
3 years ago
Jun 21, 2021
|
Bought 34.2 K USD
|
Black Dory
General Counsel and Secretary |
+ 1800
|
19 USD |
|
3 years ago
Jun 21, 2021
|
Bought 1.9 K USD
|
Filson Brandon
CFO & Treasurer |
+ 100
|
19 USD |
|
3 years ago
Jun 21, 2021
|
Bought 10.3 K USD
|
Jurinich Christine
Director |
+ 570
|
18.08 USD |
7. News
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.
businesswire.com
- 2 days 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.
seekingalpha.com
- 1 week 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!
seekingalpha.com
- 1 week 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.
zacks.com
- 1 week 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.
businesswire.com
- 1 week 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.
businesswire.com
- 2 weeks ago
Angel Oak Mortgage REIT, Inc. Sets Date for Third Quarter 2024 Earnings Release and Conference Call
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, announced today that the Company will release its third quarter 2024 financial results before the market opens on Wednesday, November 6, 2024. A conference call will be held that day at 8:30 a.m. Eastern Time. Webcast: A webcast of t.
businesswire.com
- 1 month ago
Angel Oak Mortgage REIT, Inc. Completes $317 Million Standalone Securitization, Driving Margin Expansion and Setting the Stage for Continued Growth
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 announced the closing of AOMT 2024-10, an approximately $317 million scheduled principal balance securitization backed by a pool of residential mortgage loans. The senior tranche received an AAA rating from Fitch Ratings. “The.
businesswire.com
- 1 month ago
Preferreds Weekly Review: Standard Chartered Is Suing Shareholders Blocking Libor Transition
We take a look at the action in preferreds and baby bonds through the fourth week of September and highlight some of the key themes we are watching. Preferred stocks were on the week with credit spreads near their tightest level in over five years. Standard Chartered's lawsuit over transitioning from Libor to SOFR highlights opportunistic investor resistance due to differing crisis dynamics between the rates.
seekingalpha.com
- 1 month ago
Want $5,000 in Annual Passive Income? Invest $5,000 in Each Of These Stocks
The huge surge of inflation since 2021 has not been seen since the Carter Administration's 1970's oil crisis.
247wallst.com
- 1 month ago
New Preferred Stock And Exchange Traded Debt IPOs, August 2024
Angel Oak Mortgage REIT, Valley National Bancorp, and Chimera Investment Corporation have introduced new fixed-income offerings with attractive yields and potential early redemption options. Investors can purchase newly introduced preferred stock shares at wholesale prices on the OTC exchange, potentially avoiding capital losses if prices drop. CDx3 Notification Service tracks preferred stock and ETD offerings, alerting investors when securities fall below par value, providing opportunities for discounted investments.
seekingalpha.com
- 2 months ago
Want $13,500? Check Out These High Dividend REIT Stocks
24/7 Wall Street Insights Real estate is a tried and true asset class for passive income wealth building, but the high entry price can eliminate those with limited liquid investment capital.
247wallst.com
- 2 months ago
8. Profile Summary
Angel Oak Mortgage, Inc. AOMR
COUNTRY
US
INDUSTRY
REIT - Mortgage
MARKET CAP
$ 230 M
Dividend Yield
3.04%
Description
Angel Oak Mortgage, 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. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Angel Oak Mortgage, Inc. was incorporated in 2018 and is headquartered in Atlanta, Georgia.
Contact
3344 Peachtree Road Northeast, Atlanta, GA, 30326
https://www.angeloakreit.com
IPO Date
June 17, 2021
Employees
300
Officers
Mr. Sreeniwas Vikram Prabhu
President & Chief Executive Officer
KC Kelleher
Head of Corporate Finance & Investor Relations
Mr. David William Gordon
Corporate Secretary
Mr. Namit Sinha
Chief Investment Officer of Private Strategies
Mr. Patrick Journy
Chief Accounting Officer