Angel Oak Mortgage REIT, Inc. Reports Fourth Quarter and Fiscal Year 2024 Financial Results
Financial Performance Overview: Angel Oak Mortgage REIT reported a 20% increase in net interest income for Q4 2024, totaling $9.9 million, but faced a GAAP net loss of $(15.1) million. For the fiscal year 2024, net interest income rose by 28% to $36.9 million, with a GAAP net income of $28.8 million.
Investment and Securitization Activity: The company participated in five securitization transactions in 2024, contributing $855 million in loans, and purchased $683.7 million in non-QM residential mortgage loans. As of December 31, 2024, the company's total assets were valued at $2.2 billion.
Trade with 70% Backtested Accuracy
Analyst Views on AOMR
About AOMR
About the author
UBS Revises Target for Angel Oak REIT (AOMR) After Portfolio and Cost Improvements
Analyst Rating Update: UBS analyst Doug Harter has reduced the price target for Angel Oak Mortgage REIT, Inc. (NYSE:AOMR) from $10 to $9.75 while maintaining a Neutral rating.
Q3 2025 Performance: The company reported a 13% year-over-year increase in net interest income and a 2% sequential improvement, alongside a 13% reduction in operating expenses compared to Q3 2024.
Strategic Moves: Angel Oak Mortgage REIT has retired two legacy securitizations and redirected capital into higher-yielding investments, while also establishing a new credit facility at favorable rates.
Investment Considerations: While AOMR shows potential as an investment, there are suggestions that certain AI stocks may offer better upside potential with less risk.
This ETF Invests in Firms with Significant Insider Purchases - DVDN
Insider Buying Activity: The Kingsbarn Dividend Opportunity ETF (DVDN) has 29.9% of its weighted holdings showing insider buying in the past six months.
Trinity Capital Inc (TRIN): TRIN, making up 6.80% of DVDN, has had 3 directors and officers purchase shares recently, with the ETF holding $225,758 worth of TRIN.
Angel Oak Mortgage REIT Inc (AOMR): AOMR, the #16 largest holding in DVDN, has seen 2 directors and officers file Form 4s for share purchases, with the ETF holding $136,902 worth of AOMR.
Disclaimer: The views expressed in the article are those of the author and do not necessarily reflect the opinions of Nasdaq, Inc.
UBS Keeps Neutral Rating on Angel Oak Mortgage REIT, Reduces Price Target to $9.75
Real-time Intelligence: Benzinga Pro offers the fastest news alerts for traders to stay updated on market movements.
Exclusive Content: The platform provides exclusive stories and insights generated by Benzinga reporters for its users.
Jones Trading Maintains Buy on Angel Oak Mortgage REIT, Maintains $10.5 Price Target
Fastest News Alerts: Benzinga Pro offers real-time intelligence and news alerts to help traders stay informed and make winning trades in the stock market.
Exclusive Community Access: Joining Benzinga Pro connects users with over 10,000 serious traders and provides access to exclusive stories and insights from Benzinga reporters.
UBS Maintains Neutral on Angel Oak Mortgage REIT, Raises Price Target to $10.5
Real-time Intelligence: Benzinga Pro offers the fastest news alerts for traders, providing real-time intelligence to help them succeed in the stock market.
Community and Exclusivity: Joining Benzinga Pro connects users with over 10,000 serious traders and grants access to exclusive stories and insights from Benzinga reporters.
Angel Oak Mortgage REIT, Inc. Announces Public Offering of Senior Notes
Public Offering Announcement: Angel Oak Mortgage REIT, Inc. is initiating an underwritten public offering of senior notes due 2030, which will be guaranteed by its operating partnership and the proceeds will be used for general corporate purposes, including acquiring non-qualified residential mortgage loans.
Management and Listing Details: The offering is managed by RBC Capital Markets, UBS Investment Bank, Wells Fargo Securities, and Piper Sandler, with plans to list the notes on the New York Stock Exchange under the symbol "AOMD".
UBS Revises Target for Angel Oak REIT (AOMR) After Portfolio and Cost Improvements
Analyst Rating Update: UBS analyst Doug Harter has reduced the price target for Angel Oak Mortgage REIT, Inc. (NYSE:AOMR) from $10 to $9.75 while maintaining a Neutral rating.
Q3 2025 Performance: The company reported a 13% year-over-year increase in net interest income and a 2% sequential improvement, alongside a 13% reduction in operating expenses compared to Q3 2024.
Strategic Moves: Angel Oak Mortgage REIT has retired two legacy securitizations and redirected capital into higher-yielding investments, while also establishing a new credit facility at favorable rates.
Investment Considerations: While AOMR shows potential as an investment, there are suggestions that certain AI stocks may offer better upside potential with less risk.
This ETF Invests in Firms with Significant Insider Purchases - DVDN
Insider Buying Activity: The Kingsbarn Dividend Opportunity ETF (DVDN) has 29.9% of its weighted holdings showing insider buying in the past six months.
Trinity Capital Inc (TRIN): TRIN, making up 6.80% of DVDN, has had 3 directors and officers purchase shares recently, with the ETF holding $225,758 worth of TRIN.
Angel Oak Mortgage REIT Inc (AOMR): AOMR, the #16 largest holding in DVDN, has seen 2 directors and officers file Form 4s for share purchases, with the ETF holding $136,902 worth of AOMR.
Disclaimer: The views expressed in the article are those of the author and do not necessarily reflect the opinions of Nasdaq, Inc.
UBS Keeps Neutral Rating on Angel Oak Mortgage REIT, Reduces Price Target to $9.75
Real-time Intelligence: Benzinga Pro offers the fastest news alerts for traders to stay updated on market movements.
Exclusive Content: The platform provides exclusive stories and insights generated by Benzinga reporters for its users.
Jones Trading Maintains Buy on Angel Oak Mortgage REIT, Maintains $10.5 Price Target
Fastest News Alerts: Benzinga Pro offers real-time intelligence and news alerts to help traders stay informed and make winning trades in the stock market.
Exclusive Community Access: Joining Benzinga Pro connects users with over 10,000 serious traders and provides access to exclusive stories and insights from Benzinga reporters.
UBS Maintains Neutral on Angel Oak Mortgage REIT, Raises Price Target to $10.5
Real-time Intelligence: Benzinga Pro offers the fastest news alerts for traders, providing real-time intelligence to help them succeed in the stock market.
Community and Exclusivity: Joining Benzinga Pro connects users with over 10,000 serious traders and grants access to exclusive stories and insights from Benzinga reporters.
Angel Oak Mortgage REIT, Inc. Announces Public Offering of Senior Notes
Public Offering Announcement: Angel Oak Mortgage REIT, Inc. is initiating an underwritten public offering of senior notes due 2030, which will be guaranteed by its operating partnership and the proceeds will be used for general corporate purposes, including acquiring non-qualified residential mortgage loans.
Management and Listing Details: The offering is managed by RBC Capital Markets, UBS Investment Bank, Wells Fargo Securities, and Piper Sandler, with plans to list the notes on the New York Stock Exchange under the symbol "AOMD".
