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.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

AerSale Corp

ASM International NV

AOMR, ASMIY and ASLE have been added to the Zacks Rank #5 (Strong Sell) List on March 29, 2023.

New Strong Sell Stocks for March 29th

AFC Gamma

AGNC Investment

Alexander's

Cherry Hill Mortgage

iShares CMBS ETF

DigitalBridge Group

iPath Bloomberg Commodity Index Total Return ETN

Digital Realty Trust

Ellington Residential Mortgage REIT

Equinix

Innovative Industrial Properties

Indus Realty Trust Inc

iShares MBS ETF

NewLake Capital Partners, Inc.

Orion Office REIT

Chicago Atlantic Real Estate Finance

iShares Mortgage Real Estate ETF

iStar Inc

SVB Financial Group

iStar

W. P. Carey

Financial Select Sector SPDR Fund

U.S. equity markets tumbled this week after the sudden collapse of a pair of technology-focused banks sparked concerns over financial stability and overshadowed a generally solid slate of employment data. Effectively erasing all of its gains for the year and posting its worst week since September 2022, the S&P 500 dipped 4.5% while the Mid-Cap and Small-Cap benchmarks plunged 7%.

Failure Fallout

The following slide deck was published by Angel Oak Mortgage, Inc. in conjunction with their 2022 Q4 earnings call.

Angel Oak Mortgage, Inc. 2022 Q4 - Results - Earnings Call Presentation

Angel Oak Mortgage, Inc. (NYSE:AOMR ) Q4 2022 Earnings Conference Call March 9, 2023 8:30 AM ET Company Participants Randy Chrisman - Chief Marketing and Corporate Investor Relations Officer Sreeni Prabhu - CEO Brandon Filson - CFO Namit Sinha - Co-Chief Investment Officer Conference Call Participants Chris Kotowski - Oppenheimer Don Fandetti - Wells Fargo Matthew Howlett - B. Riley Operator Greetings and welcome to Angel Oak Mortgage Fourth Quarter Earnings Call.

Angel Oak Mortgage, Inc. (AOMR) Q4 2022 Earnings Call Transcript

Angel Oak (AOMR) delivered earnings and revenue surprises of -962.07% and 1.75%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

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

ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage, 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 and year ended December 31, 2022. Please note that the Company's name will change to Angel Oak Mortgage REIT, Inc., effective on or about March 10, 2023.

Angel Oak Mortgage, Inc. Reports Fourth Quarter and Full Year 2022 Financial Results

ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage, 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 2022. During 2022, the Company distributed dividends totaling $1.67 per share of common stock (CUSIP 03464Y108).

Angel Oak Mortgage, Inc. Announces Dividend Distribution Tax Information for 2022

ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage, Inc. (NYSE: AOMR) (the “Company,” “we,” and “our”), today announced plans to change its name to Angel Oak Mortgage REIT, Inc. The name change will take effect on or about March 10, 2023. The Company's website, CUSIP, and New York Stock Exchange ticker symbol will remain unchanged. About the Company The Company is a real estate finance company focused on acquiring and investing in first lien non-QM loans and other mortgage-related assets in the U.S.

Angel Oak Mortgage, Inc. Announces Name Change to Angel Oak Mortgage REIT, Inc.

ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage, Inc. (NYSE: AOMR) (the “Company”, “AOMR” or “Angel Oak Mortgage REIT”) announced today that the Company will release fourth quarter and full year 2022 financial results before the market opens on Thursday, March 9, 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 at the Investors section of the Company's website at www.angeloakreit.com.

Angel Oak Mortgage, Inc. Sets Date for Fourth Quarter and Full Year 2022 Earnings Release and Conference Call

ATLANTA--( BUSINESS WIRE )--Angel Oak Mortgage 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 2023-1, an approximately $580.5 million scheduled principal balance securitization backed by a pool of residential mortgage loans. This is AOMR's first securitization in which it has participated alongside other Angel Oak entities since its initial public offering.

Angel Oak Mortgage, Inc. Advances Strategic Plan with Participation in $580.5 million Securitization

ATLANTA--( BUSINESS WIRE )--Angel Oak Capital Advisors, LLC (“Angel Oak”) today announced the issuance of AOMT 2023-1, an approximately $580.5 million securitization backed in part by loans originated by Angel Oak affiliated lending companies. The senior tranche of the AOMT 2023-1 received a AAA rating from Fitch Ratings.

Angel Oak Issues First Securitization of 2023

ATLANTA--( BUSINESS WIRE )--Angel Oak Mortgage, 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 conversion of approximately $286 million of mark-to-market debt to non-mark-to-market financing for all continually performing loans. This, in combination with the loan sale disclosed on November 23, 2022, is part of the go-forward strategy outlined in the Company's third quarter earnings call held on November 9, 2022.

Angel Oak Mortgage, Inc. Charts Path Forward with Non-Mark-to-Market Financing and Provides Updated Book Value Estimate

Angel Oak Mortgage, Inc. (NYSE:AOMR ) Q3 2022 Earnings Conference Call November 8, 2022 8:30 AM ET Company Participants Randy Chrisman - Chief Marketing and Corporate Investor Relations Officer Sreeni Prabhu - Chief Executive Officer Brandon Filson - Chief Financial Officer Namit Sinha - Co-Chief Investment Officer Conference Call Participants Donald Fandetti - Wells Fargo Matthew Howlett - B. Riley Derek Hewett - Bank of America Operator Greetings and welcome to Angel Oak Mortgage Third Quarter Earnings Conference Call.

Angel Oak Mortgage, Inc. (AOMR) Q3 2022 Earnings Call Transcript

Angel Oak (AOMR) delivered earnings and revenue surprises of 82.61% and 0.13%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Angel Oak Mortgage (AOMR) Q3 Earnings Surpass Estimates

ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage, 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 and year to date ended September 30, 2022.

Angel Oak Mortgage, Inc. Reports Third Quarter 2022 Financial Results

ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage, Inc. (NYSE: AOMR) (the “Company”, “AOMR” or “Angel Oak Mortgage REIT”) announced today that the Company will release third quarter 2022 financial results before market open on Tuesday, November 8, 2022.

Angel Oak Mortgage, Inc. Sets Date for Third Quarter 2022 Earnings Release and Conference Call

Invesco Mortgage Capital

Western Asset Mortgage Capital

When investing in mortgage real estate investment trust (REIT) it is important to know that these funds hold a five-year average dividend yield of 10.8%.

Looking For Double-Digit Returns? 3 Mortgage REITs You Can Buy For Less Than They're Worth — By This Measure

ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage, 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 Sreeni Prabhu has been named Chief Executive Officer and President, effective immediately. Mr. Prabhu currently serves as co-founder, Managing Partner and Group Chief Investment Officer of Angel Oak Capital Advisors,

Angel Oak Mortgage, Inc. Names Sreeni Prabhu as Chief Executive Officer and President

Angel Oak Mortgage, Inc. (NYSE:AOMR ) Q2 2022 Earnings Conference Call August 9, 2022 5:00 PM ET Company Participants Randy Chrisman - Chief Medical Officer Robert Williams - Chief Executive Officer Brandon Filson - Chief Financial Officer Namit Sinha - Co-Chief Investment Officer Conference Call Participants Don Fandetti - Wells Fargo Chris Kotowski - Oppenheimer & Co. Matthew Howlett - B. Riley Operator Greetings and welcome to the Angel Oak Mortgage Second Quarter Earnings Call.

Angel Oak Mortgage, Inc. (AOMR) CEO Robert Williams on Q2 2022 Results - Earnings Call Transcript

Angel Oak (AOMR) delivered earnings and revenue surprises of 100% and 1.63%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Angel Oak Mortgage (AOMR) Q2 Earnings Surpass Estimates

ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage, 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 and year to date ended June 30, 2022. Second Quarter Highlights Q2 2022 GAAP net loss of $52.1 million, or $(2.13) per diluted share of common stock. Q2 2022 distributable earnings of $22.8

Angel Oak Mortgage, Inc. Reports Second Quarter 2022 Financial Results

Angel Oak (AOMR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Angel Oak Mortgage (AOMR) Reports Next Week: What Awaits?

ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage, Inc. (NYSE: AOMR) (the “Company”, “AOMR” or “Angel Oak Mortgage REIT”) announced today that the Company will release second quarter 2022 financial results after the market closes on Tuesday, August 9, 2022. A conference call will be held that day at 5:00 p.m. Eastern Time. Webcast: A webcast of the conference call will be available at the Investors section of the Company's website at www.angeloakreit.com. To listen to the live broadcast, go to the s

Angel Oak Mortgage, Inc. Sets Date for Second Quarter 2022 Earnings Release and Conference Call

Angel Oak (AOMR) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Angel Oak (AOMR) Surges 6.7%: Is This an Indication of Further Gains?

Angel Oak Mortgage, Inc. (NYSE:AOMR ) Q1 2022 Earnings Conference Call May 12, 2022 5:00 PM ET Company Participants Randy Chrisman - CMO Robert Williams - CEO Brandon Filson - CFO Namit Sinha - Co-CIO Conference Call Participants Don Fandetti - Wells Fargo Matthew Howlett - B. Riley Chris Kotowski - Oppenheimer & Company Operator Greetings and welcome to the Angel Oak Mortgage, Inc. First Quarter 2022 Earnings Call.

News for Angel Oak Mortgage Stock (AOMR)