Angel Oak MortgageNYSE: AOMR

Angel Oak Mortgage REIT is a mortgage REIT that focuses on non-qualified mortgage loans, a niche corner of the home loan market. AOMR is part of the Angel Oak Ecosystem, a vertically integrated home lender that underwrites, acquires, and securitized non-QM loans. The outlook for AOMR is dependent on volume in the residential real estate market.

ASLE, AOMR and BASFY have been added to the Zacks Rank #5 (Strong Sell) List on March 22, 2024.

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 (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.

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. (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. (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.

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.

DLA, YARIY and AOMR have been added to the Zacks Rank #5 (Strong Sell) List on May 16, 2023.