Angel Oak Mortgage

Angel Oak Mortgage, Inc. operates as a real estate finance company, which engages in the acquisition and investment of first lien non-qualified mortgage loans. The firm also invests in other residential mortgage loans, commercial mortgage loans, residential mortgage-backed securities, commercial mortgage-backed securities, and other mortgage-related assets. The company was founded on March 20, 2018 and is headquartered in Atlanta, GA.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Angel Oak Mortgage overcomes challenges, focuses on growth strategies

Angel Oak Mortgage navigated challenges in Q4 2022 while achieving significant milestones and maintaining strong credit performance.
Strategic initiatives to reduce debt, enhance liquidity, and focus on high coupon mortgage loans position the company for growth.
Despite expectations of a slight decrease in net interest income, the company remains agile in capital structure management and cost reductions.
Active participation in securitization markets and plans for future growth programs underscore adaptability and resilience.

Angel Oak Mortgage reports strong Q1 performance amidst market challenges

Angel Oak Mortgage had a solid start in Q1 2023, with positive financial results and a focus on risk reduction. Despite challenges such as distributable earnings loss, the company remains confident in their strategic direction. Opportunities exist for further expense management optimization and income growth.

Angel Oak Mortgage REIT reports growth amidst market challenges

Angel Oak Mortgage REIT showcased growth initiatives in Q2 2023 despite reporting a net loss. The company's focus on expense savings, credit risk management, and dividend declaration reflect its strengths. Market challenges exist, but opportunities for expansion through securitizations and loan portfolio growth are on the horizon.

Angel Oak Mortgage (AOMR) reports robust Q3 performance and strategic resilience

Angel Oak Mortgage (AOMR) delivered a strong financial performance in Q3 2023, with a focus on optimizing earnings levers and maintaining liquidity.
Despite challenges such as negative distributable earnings and market uncertainties, the company showcased resilience and efficient cost management.
With a strong balance sheet, confidence from executives, and opportunities for growth through strategic initiatives, Angel Oak Mortgage (AOMR) is well-positioned for the future.
Investors can take note of the company's improved net interest margin, reduced operating expenses, and strategic approach to managing risk and liquidity.

Angel Oak Mortgage (AOMR) posts robust Q4 earnings, eyes securitization growth

Angel Oak Mortgage (AOMR) reported impressive financial results in Q4 2023, driven by increased net interest income and improved operating efficiency. The company's focus on credit risk management and strategic decisions contributed to its strong performance. Looking ahead, Angel Oak Mortgage aims to sustain its growth momentum and capitalize on opportunities in the securitization market.

Angel Oak Mortgage (AOMR) posts strong Q1 results, eyes growth opportunities

Angel Oak Mortgage (AOMR) reported a solid Q1 2024 performance with growth across key financial metrics and improved credit quality. The company's focus on high-quality loan acquisitions and strategic securitization efforts bode well for future growth potential and shareholder returns.

Angel Oak Mortgage reports solid Q2 performance and growth plans

Angel Oak Mortgage (AOMR) demonstrated strong operational performance and strategic financial management in Q2 2024.
Despite challenges in book value and earnings, the company's focus on growth and efficiency positions it well for the future.
Opportunities lie in deploying capital for high-quality investments and optimizing the portfolio for sustained profitability.
Shareholders can expect value through dividends, strategic investments, and a commitment to financial strength.

Angel Oak Mortgage (AOMR) excels in Q3 2024 earnings, eyes growth

Angel Oak Mortgage (AOMR) delivered a robust performance in Q3 2024, showcasing growth in key financial metrics and strategic initiatives. The company's strengths in capital management and low delinquencies position it well for future opportunities, despite potential challenges in managing asset yields and credit portfolios.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Angel Oak Mortgage REIT, Inc. is a real estate finance company, which focuses on acquiring and investing in first lien non-QM loans and other mortgage-related assets in the U.S. mortgage market. It invests in other residential mortgage loans, commercial mortgage loans, residential mortgage-backed securities, commercial mortgage-backed securities, and other mortgage-related assets. The company was founded on March 20, 2018 and is headquartered in Atlanta, GA.

Angel Oak Mortgage REIT, Inc. (NYSE:AOMR ) Q4 2023 Earnings Conference Call March 4, 2024 8:30 AM ET Company Participants Randy Chrisman - Investor Relations Sreeni Prabhu - Chief Executive Officer and President Brandon Filson - Chief Financial Officer and Treasurer Conference Call Participants Doug Harter - UBS Chris Kotowski - Oppenheimer Michael Schafer - B Riley Securities Operator Good morning, and welcome to the Angel Oak Mortgage Fourth Quarter 2023 Earnings Call. [Operator Instructions] Please note that today's event is being recorded.

Angel Oak Mortgage REIT, Inc. (AOMR) Q4 2023 Earnings Call Transcript

Angel Oak Mortgage (AOMR) came out with a quarterly loss of $0.26 per share versus the Zacks Consensus Estimate of $0.18. This compares to loss of $2.50 per share a year ago.

Angel Oak Mortgage (AOMR) Reports Q4 Loss, Lags Revenue Estimates

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 year ended December 31, 2023. Fourth Quarter Highlights Q4 2023 GAAP net income of $28.6 million, or $1.15 per diluted share of common stock. Q4 2023 Distributable Earnings of $(6.5) million,.

Angel Oak Mortgage REIT, Inc. Reports Fourth Quarter and Full Year 2023 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, announced today that the Company will release its fourth quarter and full year 2023 financial results before the market opens on Tuesday, March 5, 2024. A conference call will be held that day at 8:30 a.m. Eastern Time. Webcast:  A w.

Angel Oak Mortgage REIT, Inc. Sets Date for Fourth Quarter and Full Year 2023 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, today announced that its Board of Directors has declared a quarterly cash dividend. Common Stock Dividend The Board has declared a dividend of $0.32 per share of common stock. The dividend is payable on February 29th, 2024 to common.

Angel Oak Mortgage REIT, Inc. Declares Quarterly Common Stock Dividend

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 tax information regarding its dividend distributions for 2023. During 2023, the Company distributed dividends totaling $1.28 per share of common stock (CUSIP 03464Y108). The table below provides information on the exp.

Angel Oak Mortgage REIT, Inc. Announces Dividend Distribution Tax Information for 2023

ATLANTA--(BUSINESS WIRE)-- #heloc--Angel Oak Mortgage Solutions launches innovative Bank Statement Home Equity Line of Credit solution for self-employed homeowners.

Angel Oak Mortgage Solutions Launches Bank Statement HELOC Product, Welcomes 6 Account Executives

iShares Core U.S. Aggregate Bond ETF

AGNC Investment

AGNC Investment Corp - FXDFR PRF PERPETUAL USD 25 - Ser D 1/1000th int

AGNC Investment Corp. Deposit Shs Repr 1/1000th Cum Conv Red Pfd Registered Shs Series C

Ashford Hospitality Trust

American Homes 4 Rent

American Tower

Apple Hospitality REIT

Alexandria Real Estate Equities

AvalonBay Communities

Alpine Global Premier Properties Fund

Braemar Hotels & Resorts Inc

Cambria Global Real Estate ETF

Blackstone Mortgage Trust

CBL & Associates Properties

Crown Castle International

City Office REIT

Camden Property

CareTrust REIT

CubeSmart

Digital Realty Trust

Following the best week of the year, U.S. equity markets were mixed this week as interest rates rebounded from the prior week's plunge after Fed officials pushed back on market optimism. Posting gains in nine out of ten sessions since dipping into "correction territory" at the end of October, the S&P 500 gained 1.4% on the week, but Mid-Caps and Small-Caps posted declines. Following their best week since 2020, REITs took a step back this week as upward pressure on benchmark interest rates offset a solid conclusion to a strong earnings season.

Fed Says 'Not So Fast'

Angel Oak Mortgage REIT, Inc. (NYSE:AOMR ) Q3 2023 Results Conference Call November 7, 2023 8:30 AM ET Company Participants Randy Chrisman - Chief Marketing and Corporate IR Sreeni Prabhu - CEO Brandon Filson - CFO Namit Sinha - Co-CIO Conference Call Participants Don Fandetti - Wells Fargo Chris Kotowski - Oppenheimer Operator Good morning, and welcome to the Angel Oak Mortgage Third Quarter 2023 Earnings Call. [Operator Instructions] Please note that this event is being recorded.

Angel Oak Mortgage REIT, Inc. (AOMR) Q3 2023 Earnings Call Transcript

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 quarter ended September 30, 2023. Third Quarter Highlights Q3 2023 GAAP net income of $8.3 million, or $0.33 per diluted share of common stock. Q3 2023 Distributable Earnings of $(8.6) million.

Angel Oak Mortgage REIT, Inc. Reports Third Quarter 2023 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, announced today that the Company will release its third quarter 2023 financial results before the market opens on Tuesday, November 7, 2023. A conference call will be held that day at 8:30 a.m. Eastern Time. Webcast: A webcast of the.

Angel Oak Mortgage REIT, Inc. Sets Date for Third Quarter 2023 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, announces its participation in AOMT 2023-5, an approximately $260.6 million scheduled principal balance securitization backed by a pool of residential mortgage loans. Similar to this year's AOMT 2023-1 securitization, AOMR participa.

Angel Oak Mortgage REIT, Inc. Reduces Funding Costs and Boosts Liquidity with Participation in $260.6 million Securitization

Angel Oak Mortgage REIT, Inc. (NYSE:AOMR ) Q2 2023 Earnings Conference Call August 8, 2023 8:30 AM ET Company Participants Randy Chrisman - Chief Marketing and Corporate Investor Relation Sreeni Prabhu - Chief Executive Officer Brandon Filson - Chief Financial Officer Namit Sinha - Co-Chief Investment Officer Conference Call Participants Don Fandetti - Wells Fargo Matthew Howlett - B. Riley Derek Hewett - Bank of America Operator Good day.

Angel Oak Mortgage REIT, Inc. (AOMR) Q2 2023 Earnings Call Transcript

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 quarter ended June 30, 2023. Second Quarter Highlights Q2 2023 GAAP net loss of ($3.7) million, or $(0.15) per diluted share of common stock. Q2 2023 Distributable Earnings of $(3.9) million,.

Angel Oak Mortgage REIT, Inc. Reports Second Quarter 2023 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, announced today that the Company will release its second quarter 2023 financial results before the market opens on Tuesday, August 8, 2023. A conference call will be held that day at 8:30 a.m. Eastern Time. Webcast: A webcast of the.

Angel Oak Mortgage REIT, Inc. Sets Date for Second Quarter 2023 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, today announced the pricing of AOMT 2023-4, an approximately $284.5 million scheduled principal balance securitization backed by a pool of residential mortgage loans, all of which were contributed by the Company. The senior tranche.

Angel Oak Mortgage REIT, Inc. Prices $284.5 million Securitization, Accelerates Execution of Growth Strategy

Demand for mortgage loans has been badly impacted by higher borrowing costs, high inflation and a gloomy outlook impacting purchases of new homes. Despite unfavorable market conditions and low market capitalization, AOMR has been quite consistent with its quarterly payout and generated high yield. Forward PE of 21.36, FFO of 0.37, P/B of 0.81, short interest of 7 percent is suggestive of investor's confidence in AOMR, despite unfavorable conditions.

AOMR: An MREIT Generating High Yield Despite Series Of Interest Rate Hikes

Arbor Realty Trust

Ares Commercial Real Estate

Agree Realty

Great Ajax

JPMorgan BetaBuilders MSCI US REIT ETF

Broadstone Net Lease

Blackstone Group

Americold Realty

Douglas Emmett

Direxion Daily Real Estate Bull 3x Shares

Direxion Daily Real Estate Bear 3x Shares

Equinix

Fidelity MSCI Real Estate ETF

First Trust S&P REIT Index Fund

Host Hotels & Resorts

iShares Cohen & Steers REIT ETF

Invitation Homes

iShares U.S. Real Estate ETF

Nuveen Real Estate Income Fund

Invesco KBW Premium Yield Equity REIT ETF

Macerich

U.S. equity markets finished lower on a turbulent week after the Federal Reserve continued its historically-aggressive monetary tightening course, sparking renewed turmoil in the regional banking sector. After closing at its highest levels since early February last week, the S&P 500 slipped 0.8% this week, using a late-week rebound to pare its steepest four-day declines since the SVB collapse.

Fed Hikes, Turmoil Ensues

Angel Oak Mortgage REIT, Inc. (NYSE:AOMR ) Q1 2023 Earnings Conference Call May 4, 2023 8:30 AM ET Company Participants Randy Chrisman - Chief Marketing Officer Sreeni Prabhu - Chief Executive Officer Brandon Filson - Chief Financial Officer Conference Call Participants Don Fandetti - Wells Fargo Operator Good morning, and welcome to the Angel Oak Mortgage REIT First Quarter 2023 Earnings Conference Call. All participants will be in listen-only mode.

Angel Oak Mortgage REIT, Inc. (AOMR) Q1 2023 Earnings Call Transcript

Angel Oak Mortgage (AOMR) came out with a quarterly loss of $0.37 per share versus the Zacks Consensus Estimate of $0.20. This compares to earnings of $1.49 per share a year ago.

Angel Oak Mortgage (AOMR) Reports Q1 Loss, Lags Revenue Estimates

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 quarter ended March 31, 2023. First Quarter Highlights Q1 2023 GAAP net income of $0.5 million, or $0.02 per diluted share of common stock. Q1 2023 Distributable Earnings loss of ($9.1) millio.

Angel Oak Mortgage REIT, Inc. Reports First Quarter 2023 Financial Results

ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage REIT, Inc. (NYSE: AOMR) (the “Company”, “AOMR” or “Angel Oak Mortgage REIT”) announced today that the Company will release its first quarter 2023 financial results before the market opens on Thursday, May 4, 2023. A conference call will be held that day at 8:30 a.m. Eastern Time. Webcast: A webcast of the conference call will be available on the Investors section of the Company's website at www.angeloakreit.com.

Angel Oak Mortgage REIT, Inc. Sets Date for First Quarter 2023 Earnings Release and Conference Call

Arlington Asset Investment

AFC Gamma

Apollo Commercial Real Estate Finance

ARMOUR Residential REIT

Broadmark Realty Capital Inc.

BrightSpire Capital

Cherry Hill Mortgage

Claros Mortgage Trust

Dynex Capital

Ellington Financial

Franklin BSP Realty Trust Inc

Hannon Armstrong Sustainable Infrastructure Capital

Invesco Mortgage Capital

KKR Real Estate Finance Trust

Ladder Capital

Lument Finance Trust

Manhattan Bridge

MFA Financial

AG Mortgage Investment Trust

Mortgage REITs Ranked By Quality (And Some Words Of Caution)

AerSale Corp

ASM International NV

AOMR, ASMIY and ASLE have been added to the Zacks Rank #5 (Strong Sell) List on March 29, 2023.

New Strong Sell Stocks for March 29th

Alexander's

iShares CMBS ETF

DigitalBridge Group

iPath Bloomberg Commodity Index Total Return ETN

Ellington Residential Mortgage REIT

Innovative Industrial Properties

Indus Realty Trust Inc

iShares MBS ETF

NewLake Capital Partners, Inc.

Orion Office REIT

Chicago Atlantic Real Estate Finance

U.S. equity markets tumbled this week after the sudden collapse of a pair of technology-focused banks sparked concerns over financial stability and overshadowed a generally solid slate of employment data. Effectively erasing all of its gains for the year and posting its worst week since September 2022, the S&P 500 dipped 4.5% while the Mid-Cap and Small-Cap benchmarks plunged 7%.

Failure Fallout

News for Angel Oak Mortgage Stock (AOMR)