Angel Oak Mortgage REIT (NYSE:AOMR - Get Free Report) has been assigned a $10.50 price objective by UBS Group in a report issued on Thursday, MarketBeat reports. The brokerage currently has a "neutral" rating on the stock. UBS Group's price target would indicate a potential upside of 9.08% from the stock's current price.
AOMR has been the subject of a number of other reports. Jones Trading reiterated a "buy" rating and issued a $10.50 target price on shares of Angel Oak Mortgage REIT in a report on Tuesday, May 6th. B. Riley reiterated a "buy" rating and set a $13.00 target price (up previously from $12.00) on shares of Angel Oak Mortgage REIT in a research report on Friday, May 16th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $11.92.
Check Out Our Latest Stock Report on Angel Oak Mortgage REIT
Angel Oak Mortgage REIT Trading Down 0.0%
Shares of NYSE AOMR traded down $0.00 during trading on Thursday, reaching $9.63. The stock had a trading volume of 11,467 shares, compared to its average volume of 130,241. Angel Oak Mortgage REIT has a fifty-two week low of $7.36 and a fifty-two week high of $12.94. The company has a debt-to-equity ratio of 6.38, a quick ratio of 5.96 and a current ratio of 5.96. The business's 50-day moving average price is $9.46 and its 200-day moving average price is $9.48. The company has a market cap of $226.21 million, a P/E ratio of 6.43 and a beta of 1.38.
Hedge Funds Weigh In On Angel Oak Mortgage REIT
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Strs Ohio purchased a new stake in Angel Oak Mortgage REIT in the 1st quarter valued at approximately $25,000. National Bank of Canada FI increased its holdings in Angel Oak Mortgage REIT by 140.0% in the 4th 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 in the last quarter. Public Employees Retirement System of Ohio increased its holdings in Angel Oak Mortgage REIT by 55.2% in the 4th 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 in the last quarter. BNP Paribas Financial Markets acquired a new stake in Angel Oak Mortgage REIT in the 4th quarter valued at $76,000. Finally, M&T Bank Corp purchased a new position in Angel Oak Mortgage REIT in the 1st quarter valued at about $110,000. Institutional investors and hedge funds own 80.15% of the company's stock.
Angel Oak Mortgage REIT Company Profile
(
Get Free Report)
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.
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