B. Riley Reiterates Buy Rating for Angel Oak Mortgage REIT (NYSE:AOMR)

B. Riley reiterated their buy rating on shares of Angel Oak Mortgage REIT (NYSE:AOMR) in a report published on Friday,Benzinga reports. B. Riley currently has a $13.00 price objective on the stock, up from their prior price objective of $12.00. B. Riley also issued estimates for Angel Oak Mortgage REIT’s Q2 2025 earnings at $0.30 EPS, Q3 2025 earnings at $0.32 EPS, Q4 2025 earnings at $0.35 EPS and FY2026 earnings at $1.31 EPS.

AOMR has been the topic of several other reports. Wells Fargo & Company dropped their target price on shares of Angel Oak Mortgage REIT from $12.00 to $11.00 and set an “overweight” rating on the stock in a report on Wednesday, March 5th. Jones Trading restated a “buy” rating and set a $10.50 target price on shares of Angel Oak Mortgage REIT in a report on Tuesday, May 6th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $12.20.

Angel Oak Mortgage REIT Stock Performance

Shares of NYSE:AOMR opened at $10.06 on Friday. The company has a market capitalization of $236.36 million, a price-to-earnings ratio of 3.42 and a beta of 1.44. The firm’s 50 day simple moving average is $9.09 and its 200 day simple moving average is $9.52. The company has a debt-to-equity ratio of 5.29, a current ratio of 5.76 and a quick ratio of 5.76. Angel Oak Mortgage REIT has a fifty-two week low of $7.36 and a fifty-two week high of $13.32.

Angel Oak Mortgage REIT Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Thursday, May 22nd will be issued a dividend of $0.32 per share. The ex-dividend date of this dividend is Thursday, May 22nd. This represents a $1.28 annualized dividend and a yield of 12.73%. Angel Oak Mortgage REIT’s dividend payout ratio (DPR) is currently 85.33%.

Institutional Trading of Angel Oak Mortgage REIT

Several hedge funds have recently bought and sold shares of the stock. National Bank of Canada FI raised its holdings in shares of Angel Oak Mortgage REIT by 140.0% in the fourth quarter. National Bank of Canada FI now owns 6,000 shares of the company’s stock valued at $56,000 after purchasing an additional 3,500 shares during the last quarter. Public Employees Retirement System of Ohio raised its holdings in shares of Angel Oak Mortgage REIT by 55.2% in the fourth quarter. Public Employees Retirement System of Ohio now owns 6,465 shares of the company’s stock valued at $60,000 after purchasing an additional 2,300 shares during the last quarter. BNP Paribas Financial Markets acquired a new stake in shares of Angel Oak Mortgage REIT in the fourth quarter valued at approximately $76,000. M&T Bank Corp acquired a new stake in shares of Angel Oak Mortgage REIT in the first quarter valued at approximately $110,000. Finally, Voya Investment Management LLC acquired a new stake in shares of Angel Oak Mortgage REIT in the fourth quarter valued at approximately $112,000. 80.15% of the stock is currently owned by institutional investors and hedge funds.

About Angel Oak Mortgage REIT

Angel Oak Mortgage REIT, 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. It offers investment securities; residential mortgage loans; and commercial mortgage loans.