Angel Oak Mortgage (AOMR) AI Stock Analysis

• Market Cap: $222.31M
• Dividend Yield: 13.53%
• Average Volume (3M): 69.27K
• Price to Earnings (P/E): 6.3
• Beta (1Y): 0.47
• Revenue Growth: 54.49%
• EPS Growth: -17.44%
• Country: US
• Employees: 300
• Sector: Real Estate
• Sector Strength: 60
• Industry: REIT - Mortgage
• EPS (TTM): 0.18
• Shares Outstanding: 23,500,175
• 10 Day Avg. Volume: 55,052
• 30 Day Avg. Volume: 69,267
• PEG Ratio: 0.20
• Price to Book (P/B): 0.88
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -0.48
• Enterprise Value/Market Cap: 9.66
• Enterprise Value/Revenue: 5.83
• Enterprise Value/Gross Profit: 24.04
• Enterprise Value/Ebitda: 6.30
• 1Y Price Target: $12.00
• Price Target Upside: 28.07% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4

• Rating: 57 Neutral
• Price Target: $9.50 ▲(1.39%Upside)

Angel Oak Mortgage's overall score is primarily impacted by its financial instability and high leverage, which are concerning despite positive corporate events and earnings call highlights. The valuation suggests potential upside due to low P/E and high dividend yield, but risk remains high.

Positive Factors

Interest Income

Net interest income continues to increase, showing a 2% rise quarter-over-quarter and an 18% increase year-over-year.

Investment Pipeline

Management sees a healthy new investment pipeline for non-QM loan acquisitions, which could drive future growth.

Negative Factors

Earnings Performance

Distributable EPS of $0.17 fell short of the $0.27 estimate due to realized losses on hedges.

Financial Valuation

A yield premium is necessary for the company due to its lower stock liquidity and more concentrated model/strategy compared to bigger names.

Angel Oak Mortgage Business Overview & Revenue Model

Company Description

Angel Oak Mortgage, 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. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Angel Oak Mortgage, Inc. was incorporated in 2018 and is headquartered in Atlanta, Georgia.

How the Company Makes Money

Angel Oak Mortgage generates revenue through the interest income earned from its mortgage loan portfolio. The company acquires mortgage loans at a discount and earns a yield spread between the interest paid by borrowers and the cost of funds. Additionally, AOMR benefits from securitization of mortgage loans, which involves packaging loans into securities and selling them to investors, thereby generating income from the sale as well as ongoing servicing fees. Strategic partnerships with mortgage originators and financial institutions enhance its ability to source a diverse range of mortgage loans, contributing to its revenue streams.

Angel Oak Mortgage Financial Statement Overview

Summary

Angel Oak Mortgage's financials show significant volatility and instability. Despite some positive indicators like improved net profit margins, the high leverage and negative cash flows pose considerable financial risk.

Income Statement

Angel Oak Mortgage's income statement shows significant volatility. The company experienced negative revenue growth in 2022 followed by a sharp recovery in 2023, but then zero revenue in 2024, indicating instability in revenue generation. The net profit margin improved in 2024, which is a positive sign, but overall, the margins have been inconsistent over the years.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio, indicating potential risk due to substantial leverage. Equity has decreased over time, reducing the equity ratio. However, the company has maintained a reasonable level of cash and short-term investments, which provides some liquidity cushion.

Cash Flow

Angel Oak Mortgage's cash flow statement exhibits significant negative operating and free cash flows in recent years, reflecting potential liquidity challenges. The operating cash flow to net income ratio is negative, showing inefficiencies in converting income into cash. Despite past positive free cash flow, recent trends are concerning.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	51.46M	54.86M	-157.95M	41.76M	10.38M
Gross Profit	51.46M	42.49M	-162.42M	36.38M	2.48M
EBITDA	105.51M	102.01M	-128.27M	34.19M	8.23M
Net Income	28.75M	33.71M	-187.83M	21.11M	736.00K
Balance Sheet
Total Assets	2.27B	2.31B	2.95B	2.58B	509.66M
Cash, Cash Equivalents and Short-Term Investments	40.76M	41.63M	29.27M	40.80M	43.57M
Total Debt	1.77B	1.65B	1.64B	1.47B	81.91M
Total Liabilities	2.03B	2.05B	2.71B	2.09B	261.35M
Stockholders Equity	238.97M	256.11M	236.48M	491.39M	248.31M
Cash Flow
Free Cash Flow	-221.43M	306.40M	-331.13M	-1.57B	34.41M
Operating Cash Flow	-221.43M	306.40M	-331.13M	-1.57B	34.41M
Investing Cash Flow	120.84M	-194.11M	664.33M	-460.48M	-52.44M
Financing Cash Flow	98.99M	-107.66M	-345.65M	2.03B	54.80M

Angel Oak Mortgage Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 9.37
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AOMR, the sentiment is Neutral. The current price of 9.37 is below the 20-day moving average (MA) of 9.55, above the 50-day MA of 9.35, and above the 200-day MA of 9.09, indicating a neutral trend. The MACD of 0.04 indicates Positive momentum. The RSI at 46.00 is Neutral, neither overbought nor oversold. The STOCH value of 40.07 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AOMR.

Angel Oak Mortgage Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MITT	67 Neutral	$230.59M	8.75	8.55%	10.29%	36.70%	-48.88%
SEVN	66 Neutral	$159.04M	10.24	5.71%	12.96%	-11.97%	-27.40%
Sector *	63 Neutral	$6.86B	17.00	-2.14%	7.13%	4.56%	-27.45%
NREF	61 Neutral	$259.69M	6.47	19.15%	13.64%	11.78%	65.73%
AOMR	57 Neutral	$222.31M	6.29	14.14%	13.53%	54.49%	-17.44%
EARN	52 Neutral	$222.73M	20.12	-2.82%	16.08%	440.31%	21.03%
ACRE	48 Neutral	$252.47M	―	-2.33%	17.82%	-52.08%	10.36%

Angel Oak Mortgage Corporate Events

Angel Oak Mortgage Schedules Q2 2025 Results Call

On July 22, 2025, Angel Oak Mortgage REIT, Inc. announced the release date for its second quarter 2025 financial results and scheduled a conference call for August 5, 2025. This announcement is part of the company’s ongoing efforts to keep stakeholders informed and engaged, reflecting its commitment to transparency and communication in the competitive U.S. mortgage market.

The most recent analyst rating on (AOMR) stock is a Buy with a $11.00 price target. To see the full list of analyst forecasts on Angel Oak Mortgage stock, see the AOMR Stock Forecast page.

Angel Oak Mortgage Extends Loan Facility with Bank

On June 24, 2025, Angel Oak Mortgage REIT, Inc. and its subsidiaries renewed their loan financing facility with Multinational Bank 1, extending the expiration date from September 25, 2025, to December 25, 2025. This renewal, in line with the original Master Repurchase Agreement from April 13, 2022, ensures continued financial support and stability for the company, potentially impacting its operations and stakeholder confidence positively.

The most recent analyst rating on (AOMR) stock is a Buy with a $11.00 price target. To see the full list of analyst forecasts on Angel Oak Mortgage stock, see the AOMR Stock Forecast page.

Angel Oak Mortgage Appoints New Director Amid Changes

On June 17, 2025, Angel Oak Mortgage REIT, Inc. appointed Tian ce (David) Zhong as a new director following the resignation of a previous board member. This appointment is part of a shareholder rights agreement with Morgan Stanley & Co. LLC, allowing them to designate a nominee to the board. Mr. Zhong, who is not considered independent by NYSE standards, will not receive compensation for his role and has not been assigned to any board committees. This move reflects the company’s ongoing collaboration with significant investors to maintain strategic governance and oversight.

The most recent analyst rating on (AOMR) stock is a Buy with a $11.00 price target. To see the full list of analyst forecasts on Angel Oak Mortgage stock, see the AOMR Stock Forecast page.

Angel Oak Mortgage Director Resigns, Replacement Announced

On June 4, 2025, Edward M. Cummings announced his resignation from the Board of Directors of Angel Oak Mortgage REIT, Inc., effective June 10, 2025. His resignation is not due to any disagreements with the company’s operations or policies. The vacancy on the Board will be filled by a nominee designated by Morgan Stanley & Co. LLC, as per a shareholder rights agreement.

The most recent analyst rating on (AOMR) stock is a Buy with a $11.00 price target. To see the full list of analyst forecasts on Angel Oak Mortgage stock, see the AOMR Stock Forecast page.

Angel Oak Mortgage Closes $40M Senior Notes Offering

On May 21, 2025, Angel Oak Mortgage REIT, Inc. successfully closed a public offering of $40 million in senior notes due in 2030, with a 9.750% interest rate. The notes are guaranteed by Angel Oak Mortgage Operating Partnership, LP, and are expected to be listed on the New York Stock Exchange under the symbol ‘AOMD’. This move is expected to strengthen the company’s financial position and potentially enhance its market presence.

The most recent analyst rating on (AOMR) stock is a Buy with a $11.00 price target. To see the full list of analyst forecasts on Angel Oak Mortgage stock, see the AOMR Stock Forecast page.

Angel Oak Mortgage Announces $40M Senior Notes Offering

On May 14, 2025, Angel Oak Mortgage REIT, Inc. announced an underwritten public offering of $40 million in 9.750% Senior Notes due 2030, guaranteed by Angel Oak Mortgage Operating Partnership, LP. The company plans to use the estimated net proceeds of $38.2 million for general corporate purposes, including acquiring non-qualified residential mortgage loans, enhancing its market positioning and operational strategy.

The most recent analyst rating on (AOMR) stock is a Buy with a $11.00 price target. To see the full list of analyst forecasts on Angel Oak Mortgage stock, see the AOMR Stock Forecast page.

Angel Oak Mortgage Holds Annual Stockholders Meeting

On May 14, 2025, Angel Oak Mortgage REIT, Inc. held its Annual Meeting of Stockholders to elect eight directors and ratify KPMG LLP as the independent accounting firm for 2025. The meeting saw the participation of 15,112,985 shares, establishing a quorum. The stockholders approved the election of directors and ratified KPMG LLP’s appointment, reflecting continued confidence in the company’s governance and financial oversight.

The most recent analyst rating on (AOMR) stock is a Buy with a $11.00 price target. To see the full list of analyst forecasts on Angel Oak Mortgage stock, see the AOMR Stock Forecast page.