Wells Fargo & Company Cuts Angel Oak Mortgage REIT (NYSE:AOMR) Price Target to $10.00

Angel Oak Mortgage REIT (NYSE:AOMR) had its target price lowered by investment analysts at Wells Fargo & Company from $11.00 to $10.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The firm currently has an “overweight” rating on the stock. Wells Fargo & Company‘s target price would indicate a potential upside of 12.36% from the stock’s previous close.

A number of other research analysts have also issued reports on the stock. BTIG Research reduced their target price on shares of Angel Oak Mortgage REIT from $13.50 to $10.00 and set a “buy” rating for the company in a research note on Wednesday, June 17th. Weiss Ratings lowered shares of Angel Oak Mortgage REIT from a “hold (c)” rating to a “sell (d+)” rating in a research note on Friday, May 15th. Finally, JonesTrading reaffirmed a “buy” rating and set a $10.50 price target on shares of Angel Oak Mortgage REIT in a report on Tuesday. Three analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Angel Oak Mortgage REIT has an average rating of “Hold” and a consensus target price of $10.06.

Angel Oak Mortgage REIT Stock Performance

Shares of AOMR traded down $0.22 during midday trading on Wednesday, hitting $8.90. 21,220 shares of the stock traded hands, compared to its average volume of 106,306. The business’s 50 day moving average price is $8.72 and its two-hundred day moving average price is $8.70. The firm has a market capitalization of $221.79 million, a PE ratio of 13.91 and a beta of 1.25. The company has a debt-to-equity ratio of 8.44, a quick ratio of 13.09 and a current ratio of 13.09. Angel Oak Mortgage REIT has a 1-year low of $7.95 and a 1-year high of $10.14.

Angel Oak Mortgage REIT (NYSE:AOMR) last released its quarterly earnings data on Tuesday, May 5th. The company reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.12). The firm had revenue of ($2.20) million during the quarter, compared to analyst estimates of $11.14 million. Angel Oak Mortgage REIT had a return on equity of 5.25% and a net margin of 10.64%. Equities research analysts predict that Angel Oak Mortgage REIT will post 1.17 EPS for the current fiscal year.

Institutional Investors Weigh In On Angel Oak Mortgage REIT

Institutional investors have recently bought and sold shares of the stock. Strs Ohio bought a new position in Angel Oak Mortgage REIT in the 1st quarter valued at about $25,000. Kemnay Advisory Services Inc. acquired a new position in Angel Oak Mortgage REIT during the 4th quarter valued at about $26,000. BNP Paribas Financial Markets raised its position in shares of Angel Oak Mortgage REIT by 343.0% during the 2nd quarter. BNP Paribas Financial Markets now owns 3,929 shares of the company’s stock worth $37,000 after buying an additional 3,042 shares in the last quarter. Royal Bank of Canada raised its position in shares of Angel Oak Mortgage REIT by 94.0% during the 1st quarter. Royal Bank of Canada now owns 4,062 shares of the company’s stock worth $33,000 after buying an additional 1,968 shares in the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new stake in shares of Angel Oak Mortgage REIT in the 3rd quarter worth approximately $88,000. Institutional investors and hedge funds own 80.15% of the company’s stock.

Trending Headlines about Angel Oak Mortgage REIT

Here are the key news stories impacting Angel Oak Mortgage REIT this week:

• Positive Sentiment: Adjusted earnings exceeded expectations. AOMR reported second-quarter earnings of $0.35 per share, or $0.37 per share according to Zacks, compared with consensus estimates of $0.33-$0.36. Earnings rose significantly from $0.11 per share a year earlier. Angel Oak Mortgage REIT second-quarter earnings report Angel Oak Mortgage beats second-quarter earnings estimates
• Positive Sentiment: The quarterly dividend was maintained at $0.32 per share. Investors of record on August 21 will receive payment on August 28. The annualized payout implies a dividend yield of approximately 14.1%, supporting the stock’s income appeal.
• Positive Sentiment: JonesTrading reaffirmed its Buy rating and raised or maintained a $10.50 price target, representing about 15.3% potential upside from the referenced $9.11 price. JonesTrading reaffirms Angel Oak Mortgage Buy rating
• Neutral Sentiment: Management is repositioning capital to compete selectively in the non-qualified mortgage market, emphasizing disciplined deployment amid competition and market conditions. Angel Oak repositions capital for non-QM competition
• Negative Sentiment: Revenue was weaker than expected. Reported second-quarter revenue was $7.0 million, below the $11.78 million analyst consensus, which may limit the impact of the earnings beat. The company’s reported GAAP net income was $3.4 million, or $0.14 per diluted share, highlighting differences between GAAP and adjusted earnings measures. Angel Oak Mortgage reports second-quarter 2026 financial results

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.