Angel Oak Mortgage

Angel Oak Mortgage, Inc. operates as a real estate finance company, which engages in the acquisition and investment of first lien non-qualified mortgage loans. The firm also invests in other residential mortgage loans, commercial mortgage loans, residential mortgage-backed securities, commercial mortgage-backed securities, and other mortgage-related assets. The company was founded on March 20, 2018 and is headquartered in Atlanta, GA.

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Angel Oak Mortgage overcomes challenges, focuses on growth strategies

Angel Oak Mortgage navigated challenges in Q4 2022 while achieving significant milestones and maintaining strong credit performance.
Strategic initiatives to reduce debt, enhance liquidity, and focus on high coupon mortgage loans position the company for growth.
Despite expectations of a slight decrease in net interest income, the company remains agile in capital structure management and cost reductions.
Active participation in securitization markets and plans for future growth programs underscore adaptability and resilience.

Angel Oak Mortgage reports strong Q1 performance amidst market challenges

Angel Oak Mortgage had a solid start in Q1 2023, with positive financial results and a focus on risk reduction. Despite challenges such as distributable earnings loss, the company remains confident in their strategic direction. Opportunities exist for further expense management optimization and income growth.

Angel Oak Mortgage REIT reports growth amidst market challenges

Angel Oak Mortgage REIT showcased growth initiatives in Q2 2023 despite reporting a net loss. The company's focus on expense savings, credit risk management, and dividend declaration reflect its strengths. Market challenges exist, but opportunities for expansion through securitizations and loan portfolio growth are on the horizon.

Angel Oak Mortgage (AOMR) reports robust Q3 performance and strategic resilience

Angel Oak Mortgage (AOMR) delivered a strong financial performance in Q3 2023, with a focus on optimizing earnings levers and maintaining liquidity.
Despite challenges such as negative distributable earnings and market uncertainties, the company showcased resilience and efficient cost management.
With a strong balance sheet, confidence from executives, and opportunities for growth through strategic initiatives, Angel Oak Mortgage (AOMR) is well-positioned for the future.
Investors can take note of the company's improved net interest margin, reduced operating expenses, and strategic approach to managing risk and liquidity.

Angel Oak Mortgage (AOMR) posts robust Q4 earnings, eyes securitization growth

Angel Oak Mortgage (AOMR) reported impressive financial results in Q4 2023, driven by increased net interest income and improved operating efficiency. The company's focus on credit risk management and strategic decisions contributed to its strong performance. Looking ahead, Angel Oak Mortgage aims to sustain its growth momentum and capitalize on opportunities in the securitization market.

Angel Oak Mortgage (AOMR) posts strong Q1 results, eyes growth opportunities

Angel Oak Mortgage (AOMR) reported a solid Q1 2024 performance with growth across key financial metrics and improved credit quality. The company's focus on high-quality loan acquisitions and strategic securitization efforts bode well for future growth potential and shareholder returns.

Angel Oak Mortgage reports solid Q2 performance and growth plans

Angel Oak Mortgage (AOMR) demonstrated strong operational performance and strategic financial management in Q2 2024.
Despite challenges in book value and earnings, the company's focus on growth and efficiency positions it well for the future.
Opportunities lie in deploying capital for high-quality investments and optimizing the portfolio for sustained profitability.
Shareholders can expect value through dividends, strategic investments, and a commitment to financial strength.

Angel Oak Mortgage (AOMR) excels in Q3 2024 earnings, eyes growth

Angel Oak Mortgage (AOMR) delivered a robust performance in Q3 2024, showcasing growth in key financial metrics and strategic initiatives. The company's strengths in capital management and low delinquencies position it well for future opportunities, despite potential challenges in managing asset yields and credit portfolios.

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Angel Oak Mortgage REIT, Inc. is a real estate finance company, which focuses on acquiring and investing in first lien non-QM loans and other mortgage-related assets in the U.S. mortgage market. It invests in other residential mortgage loans, commercial mortgage loans, residential mortgage-backed securities, commercial mortgage-backed securities, and other mortgage-related assets. The company was founded on March 20, 2018 and is headquartered in Atlanta, GA.

ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage REIT, Inc. (NYSE: AOMR), (the “Company,” “we,” and “our”), a leading real estate finance company focused on acquiring and investing in first-lien non-QM loans and other mortgage-related assets in the U.S. mortgage market, today announced the pricing of AOMT 2024-4, an approximately $300 million scheduled principal balance securitization backed by a pool of residential mortgage loans, the majority of which were originated by Angel Oak's affiliated mor.

Angel Oak Mortgage REIT, Inc. Prices AOMT 2024-4, a $300 Million Standalone Securitization, Further Expanding Earnings and Releasing Capital for Additional Loan Purchases

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Angel Oak Mortgage REIT, Inc. (NYSE:AOMR ) Q4 2023 Earnings Conference Call March 4, 2024 8:30 AM ET Company Participants Randy Chrisman - Investor Relations Sreeni Prabhu - Chief Executive Officer and President Brandon Filson - Chief Financial Officer and Treasurer Conference Call Participants Doug Harter - UBS Chris Kotowski - Oppenheimer Michael Schafer - B Riley Securities Operator Good morning, and welcome to the Angel Oak Mortgage Fourth Quarter 2023 Earnings Call. [Operator Instructions] Please note that today's event is being recorded.

Angel Oak Mortgage REIT, Inc. (AOMR) Q4 2023 Earnings Call Transcript

Angel Oak Mortgage (AOMR) came out with a quarterly loss of $0.26 per share versus the Zacks Consensus Estimate of $0.18. This compares to loss of $2.50 per share a year ago.

Angel Oak Mortgage (AOMR) Reports Q4 Loss, Lags Revenue Estimates

ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage REIT, Inc. (NYSE: AOMR) (the “Company,” “we,” and “our”), a leading real estate finance company focused on acquiring and investing in first lien non-QM loans and other mortgage-related assets in the U.S. mortgage market, today reported financial results for the year ended December 31, 2023. Fourth Quarter Highlights Q4 2023 GAAP net income of $28.6 million, or $1.15 per diluted share of common stock. Q4 2023 Distributable Earnings of $(6.5) million,.

Angel Oak Mortgage REIT, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results

ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage REIT, Inc. (NYSE: AOMR) (the “Company,” “we,” and “our”), a leading real estate finance company focused on acquiring and investing in first lien non-QM loans and other mortgage-related assets in the U.S. mortgage market, announced today that the Company will release its fourth quarter and full year 2023 financial results before the market opens on Tuesday, March 5, 2024. A conference call will be held that day at 8:30 a.m. Eastern Time. Webcast:  A w.

Angel Oak Mortgage REIT, Inc. Sets Date for Fourth Quarter and Full Year 2023 Earnings Release and Conference Call

ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage REIT, Inc. (NYSE: AOMR) (the “Company,” “we,” and “our”), a leading real estate finance company focused on acquiring and investing in first lien non-QM loans and other mortgage-related assets in the U.S. mortgage market, today announced that its Board of Directors has declared a quarterly cash dividend. Common Stock Dividend The Board has declared a dividend of $0.32 per share of common stock. The dividend is payable on February 29th, 2024 to common.

Angel Oak Mortgage REIT, Inc. Declares Quarterly Common Stock Dividend

ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage REIT, Inc. (NYSE: AOMR) (the “Company,” “we,” and “our”), a leading real estate finance company focused on acquiring and investing in first lien non-QM loans and other mortgage-related assets in the U.S. mortgage market, today announced tax information regarding its dividend distributions for 2023. During 2023, the Company distributed dividends totaling $1.28 per share of common stock (CUSIP 03464Y108). The table below provides information on the exp.

Angel Oak Mortgage REIT, Inc. Announces Dividend Distribution Tax Information for 2023

ATLANTA--(BUSINESS WIRE)-- #heloc--Angel Oak Mortgage Solutions launches innovative Bank Statement Home Equity Line of Credit solution for self-employed homeowners.

Angel Oak Mortgage Solutions Launches Bank Statement HELOC Product, Welcomes 6 Account Executives

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Following the best week of the year, U.S. equity markets were mixed this week as interest rates rebounded from the prior week's plunge after Fed officials pushed back on market optimism. Posting gains in nine out of ten sessions since dipping into "correction territory" at the end of October, the S&P 500 gained 1.4% on the week, but Mid-Caps and Small-Caps posted declines. Following their best week since 2020, REITs took a step back this week as upward pressure on benchmark interest rates offset a solid conclusion to a strong earnings season.

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Angel Oak Mortgage REIT, Inc. (NYSE:AOMR ) Q3 2023 Results Conference Call November 7, 2023 8:30 AM ET Company Participants Randy Chrisman - Chief Marketing and Corporate IR Sreeni Prabhu - CEO Brandon Filson - CFO Namit Sinha - Co-CIO Conference Call Participants Don Fandetti - Wells Fargo Chris Kotowski - Oppenheimer Operator Good morning, and welcome to the Angel Oak Mortgage Third Quarter 2023 Earnings Call. [Operator Instructions] Please note that this event is being recorded.

Angel Oak Mortgage REIT, Inc. (AOMR) Q3 2023 Earnings Call Transcript

ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage REIT, Inc. (NYSE: AOMR) (the “Company,” “we,” and “our”), a leading real estate finance company focused on acquiring and investing in first lien non-QM loans and other mortgage-related assets in the U.S. mortgage market, today reported financial results for the quarter ended September 30, 2023. Third Quarter Highlights Q3 2023 GAAP net income of $8.3 million, or $0.33 per diluted share of common stock. Q3 2023 Distributable Earnings of $(8.6) million.

Angel Oak Mortgage REIT, Inc. Reports Third Quarter 2023 Financial Results

ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage REIT, Inc. (NYSE: AOMR) (the “Company,” “we,” and “our”), a leading real estate finance company focused on acquiring and investing in first lien non-QM loans and other mortgage-related assets in the U.S. mortgage market, announced today that the Company will release its third quarter 2023 financial results before the market opens on Tuesday, November 7, 2023. A conference call will be held that day at 8:30 a.m. Eastern Time. Webcast: A webcast of the.

Angel Oak Mortgage REIT, Inc. Sets Date for Third Quarter 2023 Earnings Release and Conference Call

ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage REIT, Inc. (NYSE: AOMR), (the “Company,” “we,” and “our”), a leading real estate finance company focused on acquiring and investing in first-lien non-QM loans and other mortgage-related assets in the U.S. mortgage market, announces its participation in AOMT 2023-5, an approximately $260.6 million scheduled principal balance securitization backed by a pool of residential mortgage loans. Similar to this year's AOMT 2023-1 securitization, AOMR participa.

Angel Oak Mortgage REIT, Inc. Reduces Funding Costs and Boosts Liquidity with Participation in $260.6 million Securitization

Angel Oak Mortgage REIT, Inc. (NYSE:AOMR ) Q2 2023 Earnings Conference Call August 8, 2023 8:30 AM ET Company Participants Randy Chrisman - Chief Marketing and Corporate Investor Relation Sreeni Prabhu - Chief Executive Officer Brandon Filson - Chief Financial Officer Namit Sinha - Co-Chief Investment Officer Conference Call Participants Don Fandetti - Wells Fargo Matthew Howlett - B. Riley Derek Hewett - Bank of America Operator Good day.

Angel Oak Mortgage REIT, Inc. (AOMR) Q2 2023 Earnings Call Transcript

ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage REIT, Inc. (NYSE: AOMR) (the “Company,” “we,” and “our”), a leading real estate finance company focused on acquiring and investing in first lien non-QM loans and other mortgage-related assets in the U.S. mortgage market, today reported financial results for the quarter ended June 30, 2023. Second Quarter Highlights Q2 2023 GAAP net loss of ($3.7) million, or $(0.15) per diluted share of common stock. Q2 2023 Distributable Earnings of $(3.9) million,.

Angel Oak Mortgage REIT, Inc. Reports Second Quarter 2023 Financial Results

ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage REIT, Inc. (NYSE: AOMR) (the “Company,” “we,” and “our”), a leading real estate finance company focused on acquiring and investing in first lien non-QM loans and other mortgage-related assets in the U.S. mortgage market, announced today that the Company will release its second quarter 2023 financial results before the market opens on Tuesday, August 8, 2023. A conference call will be held that day at 8:30 a.m. Eastern Time. Webcast: A webcast of the.

Angel Oak Mortgage REIT, Inc. Sets Date for Second Quarter 2023 Earnings Release and Conference Call

ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage REIT, Inc. (NYSE: AOMR), (the “Company,” “we,” and “our”), a leading real estate finance company focused on acquiring and investing in first-lien non-QM loans and other mortgage-related assets in the U.S. mortgage market, today announced the pricing of AOMT 2023-4, an approximately $284.5 million scheduled principal balance securitization backed by a pool of residential mortgage loans, all of which were contributed by the Company. The senior tranche.

Angel Oak Mortgage REIT, Inc. Prices $284.5 million Securitization, Accelerates Execution of Growth Strategy

Demand for mortgage loans has been badly impacted by higher borrowing costs, high inflation and a gloomy outlook impacting purchases of new homes. Despite unfavorable market conditions and low market capitalization, AOMR has been quite consistent with its quarterly payout and generated high yield. Forward PE of 21.36, FFO of 0.37, P/B of 0.81, short interest of 7 percent is suggestive of investor's confidence in AOMR, despite unfavorable conditions.

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Angel Oak Mortgage REIT, Inc. (NYSE:AOMR ) Q1 2023 Earnings Conference Call May 4, 2023 8:30 AM ET Company Participants Randy Chrisman - Chief Marketing Officer Sreeni Prabhu - Chief Executive Officer Brandon Filson - Chief Financial Officer Conference Call Participants Don Fandetti - Wells Fargo Operator Good morning, and welcome to the Angel Oak Mortgage REIT First Quarter 2023 Earnings Conference Call. All participants will be in listen-only mode.

Angel Oak Mortgage REIT, Inc. (AOMR) Q1 2023 Earnings Call Transcript

Angel Oak Mortgage (AOMR) came out with a quarterly loss of $0.37 per share versus the Zacks Consensus Estimate of $0.20. This compares to earnings of $1.49 per share a year ago.

Angel Oak Mortgage (AOMR) Reports Q1 Loss, Lags Revenue Estimates

ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage REIT, Inc. (NYSE: AOMR) (the “Company,” “we,” and “our”), a leading real estate finance company focused on acquiring and investing in first lien non-QM loans and other mortgage-related assets in the U.S. mortgage market, today reported financial results for the quarter ended March 31, 2023. First Quarter Highlights Q1 2023 GAAP net income of $0.5 million, or $0.02 per diluted share of common stock. Q1 2023 Distributable Earnings loss of ($9.1) millio.

Angel Oak Mortgage REIT, Inc. Reports First Quarter 2023 Financial Results

ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage REIT, Inc. (NYSE: AOMR) (the “Company”, “AOMR” or “Angel Oak Mortgage REIT”) announced today that the Company will release its first quarter 2023 financial results before the market opens on Thursday, May 4, 2023. A conference call will be held that day at 8:30 a.m. Eastern Time. Webcast: A webcast of the conference call will be available on the Investors section of the Company's website at www.angeloakreit.com.

Angel Oak Mortgage REIT, Inc. Sets Date for First Quarter 2023 Earnings Release and Conference Call

News for Angel Oak Mortgage Stock (AOMR)