Angel Oak Mortgage REIT (NYSE:AOMR) Issues Earnings Results, Beats Estimates By $0.01 EPS

Angel Oak Mortgage REIT (NYSE:AOMR) released its earnings results on Wednesday. The company reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.01, FiscalAI reports. Angel Oak Mortgage REIT had a return on equity of 5.22% and a net margin of 30.65%.The firm had revenue of $16.70 million during the quarter, compared to the consensus estimate of $11.33 million.

Here are the key takeaways from Angel Oak Mortgage REIT’s conference call:

• Angel Oak reported meaningful earnings and net interest income growth — interest income $143.7M (+30% YoY) and GAAP net income of $44.0M for 2025 (+53% YoY), with Q4 GAAP net income of $11.3M versus a loss a year ago.
• Management executed an active funding and securitization program — completed 4 securitizations (securitized $704M UPB), called two legacy deals, closed its first HELOC securitization, added a new warehouse facility, and cites ~$1B undrawn financing capacity to redeploy capital.
• Credit and portfolio quality remain strong — total 90+ day delinquencies fell to 2.18%, purchased loans carried a weighted average credit score of 756 and conservative LTVs, and management expects lower loss outcomes versus peers.
• Distributable earnings lag GAAP due to removed unrealized gains on securitized loans (Q4 distributable earnings $7.3M vs GAAP $11.3M; full-year distributable $14.6M vs GAAP $44.0M), and modestly lower economic book value and rising prepayment speeds could pressure future distributable cash flow.

Angel Oak Mortgage REIT Price Performance

Shares of NYSE:AOMR traded up $0.01 on Friday, reaching $8.59. 122,204 shares of the company were exchanged, compared to its average volume of 85,115. The company has a 50-day moving average of $8.86 and a 200-day moving average of $9.12. The company has a current ratio of 6.83, a quick ratio of 6.83 and a debt-to-equity ratio of 6.87. The firm has a market cap of $213.88 million, a price-to-earnings ratio of 4.74 and a beta of 1.36. Angel Oak Mortgage REIT has a 1-year low of $7.36 and a 1-year high of $10.34.

Angel Oak Mortgage REIT Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 20th will be issued a $0.32 dividend. The ex-dividend date of this dividend is Friday, February 20th. This represents a $1.28 dividend on an annualized basis and a yield of 14.9%. Angel Oak Mortgage REIT’s dividend payout ratio (DPR) is 180.28%.

Analyst Ratings Changes

Several analysts have commented on the company. UBS Group dropped their price objective on Angel Oak Mortgage REIT from $10.00 to $9.75 and set a “neutral” rating on the stock in a report on Tuesday, November 18th. JonesTrading reissued a “buy” rating and issued a $10.50 price target on shares of Angel Oak Mortgage REIT in a report on Thursday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Angel Oak Mortgage REIT in a report on Monday, December 29th. Wall Street Zen cut shares of Angel Oak Mortgage REIT from a “hold” rating to a “sell” rating in a research note on Saturday, November 15th. Finally, Zacks Research raised shares of Angel Oak Mortgage REIT from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 4th. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Angel Oak Mortgage REIT currently has a consensus rating of “Moderate Buy” and an average price target of $11.06.

Institutional Trading of Angel Oak Mortgage REIT

A number of institutional investors have recently bought and sold shares of the company. Lazard Asset Management LLC boosted its stake in shares of Angel Oak Mortgage REIT by 8.4% during the 3rd quarter. Lazard Asset Management LLC now owns 19,503 shares of the company’s stock worth $183,000 after purchasing an additional 1,509 shares during the last quarter. State Street Corp raised its position in shares of Angel Oak Mortgage REIT by 0.4% in the 4th quarter. State Street Corp now owns 419,396 shares of the company’s stock worth $3,611,000 after buying an additional 1,716 shares during the period. Vivaldi Capital Management LP raised its holdings in shares of Angel Oak Mortgage REIT by 2.1% in the 3rd quarter. Vivaldi Capital Management LP now owns 118,779 shares of the company’s stock worth $1,113,000 after purchasing an additional 2,400 shares during the period. Strs Ohio acquired a new position in Angel Oak Mortgage REIT during the first quarter valued at approximately $25,000. Finally, Kemnay Advisory Services Inc. acquired a new position in Angel Oak Mortgage REIT during the fourth quarter valued at approximately $26,000. 80.15% of the stock is currently owned by hedge funds and other institutional investors.

About Angel Oak Mortgage REIT

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.