Angel Oak Mortgage REIT (NYSE:AOMR) Stock Rating Upgraded by B. Riley

B. Riley upgraded shares of Angel Oak Mortgage REIT (NYSE:AOMR - Free Report) from a neutral rating to a buy rating in a report issued on Monday morning, MarketBeat reports. The brokerage currently has $12.00 target price on the stock. B. Riley also issued estimates for Angel Oak Mortgage REIT's Q2 2025 earnings at $0.27 EPS, Q3 2025 earnings at $0.28 EPS, Q4 2025 earnings at $0.30 EPS and FY2025 earnings at $1.11 EPS.

Other research analysts have also issued reports about the company. Janney Montgomery Scott initiated coverage on Angel Oak Mortgage REIT in a research report on Thursday, January 2nd. They issued a "buy" rating and a $13.00 price target for the company. Jones Trading reduced their target price on shares of Angel Oak Mortgage REIT from $12.50 to $10.50 and set a "buy" rating for the company in a report on Thursday, April 17th. Finally, Wells Fargo & Company lowered their price target 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. One research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, Angel Oak Mortgage REIT currently has an average rating of "Moderate Buy" and an average price target of $11.75.

Angel Oak Mortgage REIT Stock Down 0.8 %

NYSE:AOMR traded down $0.07 during trading hours on Monday, reaching $8.45. The company's stock had a trading volume of 138,555 shares, compared to its average volume of 115,867. The stock has a 50 day moving average price of $9.09 and a two-hundred day moving average price of $9.50. The company has a debt-to-equity ratio of 5.29, a quick ratio of 5.76 and a current ratio of 5.76. The company has a market capitalization of $198.58 million, a P/E ratio of 2.87 and a beta of 1.44. Angel Oak Mortgage REIT has a 12 month low of $7.36 and a 12 month high of $13.32.

Angel Oak Mortgage REIT Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 15.15%. The ex-dividend date was Friday, February 21st. Angel Oak Mortgage REIT's dividend payout ratio (DPR) is presently 112.28%.

Institutional Investors Weigh In On Angel Oak Mortgage REIT

A number of large investors have recently modified their holdings of the business. Ritholtz Wealth Management boosted its stake in Angel Oak Mortgage REIT by 162.4% in the 1st quarter. Ritholtz Wealth Management now owns 92,561 shares of the company's stock worth $882,000 after purchasing an additional 57,283 shares in the last quarter. Sanders Morris Harris LLC acquired a new position in Angel Oak Mortgage REIT during the 1st quarter valued at approximately $152,000. 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 worth $60,000 after buying an additional 2,300 shares during the last quarter. Alpine Global Management LLC acquired a new stake in shares of Angel Oak Mortgage REIT during the fourth quarter worth $956,000. Finally, Two Sigma Advisers LP lifted its stake in shares of Angel Oak Mortgage REIT by 37.6% during the fourth quarter. Two Sigma Advisers LP now owns 26,700 shares of the company's stock worth $248,000 after buying an additional 7,300 shares during the period. Hedge funds and other institutional investors own 80.15% of the company's stock.

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.