Angel Oak Mortgage, Inc. (AOMR)
NYSE:AOMR
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Earnings Data
Report Date
Aug 11, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.33Last Year’s EPS
0.11Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a mixed but resilient operating picture: core operating metrics showed clear improvement with meaningful growth in interest income and net interest income, rising distributable earnings, disciplined loan purchases with strong credit characteristics, successful execution of a securitization, and ample liquidity. Offsetting these positives were notable mark-to-market valuation losses driven by rising rates and spread volatility late in the quarter that produced a GAAP net loss, a decline in book value, compression in near-term ROE expectations and modest increases in delinquency and prepayment speeds. Management framed valuation impacts as market-driven and potentially temporary while emphasizing disciplined underwriting, securitization execution and liquidity to navigate volatility.Company Guidance
Net Interest Income and Interest Income Growth
Interest income of $40.7 million (up 24% year-over-year from $32.9M) and net interest income of $12.1 million (up 20% year-over-year from $10.1M). Quarter-over-quarter growth vs Q4 2025: interest income +4% and net interest income +11%.
Distributable Earnings and Operating Earnings Trend
Distributable earnings of $4.6 million for the quarter, up from $4.1 million in Q1 2025 (approximately +12%). Management reported another consecutive quarter of net interest income expansion and continued earnings growth trajectory.
Successful Securitization Execution (AOMT 2026-2)
Completed AOMT 2026-2 securitization in March: $272 million unpaid principal balance, weighted average coupon 7.1%, weighted average credit score 757, weighted average CLTV 70.7%. AAA senior bonds priced at ~113 basis points over the Treasury curve. Company plans ~4 securitizations per year (~1 per quarter).
Targeted Asset Purchases and Credit Metrics
Loan purchases totaled $246.2 million during the quarter. Weighted average coupon of loans purchased 7.3%, weighted average CLTV 67%, and weighted average credit score 759 — signaling conservative credit profiles and improving underwriting metrics.
Liquidity and Balance Sheet Position
Cash of $42 million, undrawn loan financing capacity of approximately $1.1 billion with 4 lending partners, and recourse debt to equity ratio of 1.3x, providing financing flexibility and liquidity to respond to market changes.
Portfolio Funding Spread
Portfolio weighted average coupon of 6.1% versus weighted average funding cost of ~4.5%, indicating a positive spread supporting earnings generation.
Dividend Declared
Declared a $0.32 per share common dividend payable May 29, 2026, demonstrating continued capital return to shareholders.
AOMR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AOMR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $8.69 | $8.38 | -3.55% |
Feb 25, 2026 | $8.02 | $8.00 | -0.25% |
Nov 06, 2025 | $8.18 | $8.10 | -0.98% |
Aug 05, 2025 | $8.16 | $7.50 | -8.17% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Angel Oak Mortgage, Inc. (AOMR) report earnings?
Angel Oak Mortgage, Inc. (AOMR) is schdueled to report earning on Aug 11, 2026, After Close (Confirmed).
What is Angel Oak Mortgage, Inc. (AOMR) earnings time?
Angel Oak Mortgage, Inc. (AOMR) earnings time is at Aug 11, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AOMR EPS forecast?
AOMR EPS forecast for the fiscal quarter 2026 (Q2) is 0.33.