Angel Oak Mortgage REIT, Inc. (AOMN)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Angel Oak Mortgage REIT, Inc. (AOMN) trades at $25.42 with AI Score 86/100 (Grade A+). Angel Oak Mortgage REIT, Inc. focuses on investing in first lien non-QM loans and other mortgage-related assets within the U. S. Market cap: $633.33M, Sector: Financial services.
Price live · AI analysis from May 6, 2026Analyst Coverage for AOMN: AOMN does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates AOMN against Financial Services peers across nine fundamental dimensions and assigns a relatively strong fundamental profile based on the underlying data.
AOMN: 4/6 perspectives are bullish. Dominant signal: Ray Dalio bullish.
How is this calculated? →Angel Oak Mortgage REIT, Inc. (AOMN) Financial Services Profile
Angel Oak Mortgage REIT, Inc. (AOMN) is a real estate finance company specializing in acquiring and managing first lien non-QM loans and other mortgage-related assets in the U.S. mortgage market. With a focus on residential and commercial mortgage investments, AOMN operates within the REIT sector, offering a high dividend yield.
What Is the Investment Thesis for AOMN?
Angel Oak Mortgage REIT, Inc. (AOMN) presents a compelling investment thesis centered on its specialization in non-QM loans and diversified mortgage-related assets. With a market capitalization of $633.33M and a high dividend yield of 9.48%, AOMN offers income potential. The company's profit margin of 15.6% and gross margin of 89.5% indicate efficient operations. Growth catalysts include expansion in the non-QM loan market and strategic investments in RMBS and CMBS. However, potential risks include interest rate sensitivity and regulatory changes impacting the mortgage market. AOMN's negative beta of -0.13 suggests it is less volatile than the market, potentially offering stability during economic downturns. The company's ability to navigate the complexities of the mortgage market and generate attractive returns will be critical to its long-term success.
Based on FMP financials and quantitative analysis
AOMN Key Highlights
- Market Cap: $0.63B, reflecting its size and market value within the REIT sector.
- Profit Margin: 15.6%, indicating efficient profitability in its mortgage investments.
- Gross Margin: 89.5%, demonstrating strong revenue generation relative to the cost of goods sold.
- Dividend Yield: 9.48%, offering a high income potential for investors.
- Beta: -0.13, suggesting lower volatility compared to the broader market.
Who Are AOMN's Competitors?
AOMN is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| TRNO Terreno Realty Corporation | $68.05 | +1.07% | $7.23B | 60 |
| PSA Public Storage | $323.01 | -2.01% | $56.71B | 60 |
| FBBPF FIBRA Prologis | $4.48 | +1.93% | $7.47B | 59 |
| CGIUF ESR-Logos REIT | $1.63 | -1.81% | $1.31B | 59 |
| NPONF Nippon Prologis REIT, Inc. | $532.49 | +0.00% | $4.47B | 58 |
| GRFFF Fibra Danhos | $1.20 | +0.00% | $1.94B | 57 |
| DBMBF FIBRA Macquarie México | $2.60 | +3.38% | $2.07B | 56 |
| CBAOF Fibra Terrafina | $1.94 | +0.00% | $1.53B | 56 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are AOMN's Key Strengths?
- Focus on the growing non-QM loan market.
- High dividend yield attracts investors.
- Strong gross margin indicates efficient operations.
- Diversified portfolio of mortgage-related assets.
What Are AOMN's Weaknesses?
- Sensitivity to interest rate fluctuations.
- Reliance on the U.S. mortgage market.
- Potential impact from regulatory changes.
- Competition from other mortgage REITs.
What Could Drive AOMN Stock Higher?
- Potential changes in housing market regulations could impact lending practices and profitability.
- Expansion of non-QM loan offerings to capture a larger market share.
- Strategic investments in RMBS and CMBS to diversify revenue streams.
- Implementation of advanced technology solutions to improve efficiency.
What Are the Key Risks for AOMN?
- Financial-distress signal — its Altman Z-Score of 0.14 sits in the distress zone (elevated bankruptcy risk).
- Rich valuation — a P/E of 38.4 runs well above the Financial Services sector’s ~18x, leaving little room for a miss.
- Economic downturns could negatively impact the housing market and increase default rates.
- Rising interest rates could increase borrowing costs and reduce demand for mortgages.
- Competition from other mortgage REITs could put pressure on margins.
- Changes in government regulations could affect mortgage lending practices.
What Are the Growth Opportunities for AOMN?
- Expansion in Non-QM Lending: The non-QM loan market is growing as more borrowers seek alternatives to traditional mortgages. Angel Oak Mortgage REIT can capitalize on this trend by expanding its origination and acquisition of non-QM loans. The market size for non-QM loans is projected to reach $200 billion by 2028, presenting a substantial growth opportunity for AOMN. By focusing on this underserved segment, AOMN can increase its market share and generate higher returns.
- Strategic Investments in RMBS and CMBS: Investing in residential mortgage-backed securities (RMBS) and commercial mortgage-backed securities (CMBS) provides AOMN with diversified revenue streams. The RMBS market is estimated at $7 trillion, while the CMBS market is around $800 billion. AOMN can strategically allocate capital to these markets, optimizing its portfolio and mitigating risks. These investments offer exposure to a broader range of mortgage assets, enhancing AOMN's overall financial performance.
- Geographic Expansion: AOMN can expand its operations beyond its current geographic footprint, targeting new markets with high demand for non-QM loans. Identifying regions with strong housing markets and a growing population of non-traditional borrowers can drive growth. By diversifying its geographic presence, AOMN can reduce its reliance on specific regional economies and capitalize on emerging opportunities.
- Technological Innovation: Implementing advanced technology solutions can improve AOMN's efficiency and competitiveness. Investing in fintech platforms for loan origination, underwriting, and servicing can streamline operations and reduce costs. These technological advancements can enhance the customer experience and attract a broader range of borrowers, driving growth and profitability.
- Partnerships and Acquisitions: Forming strategic partnerships with other financial institutions and acquiring complementary businesses can accelerate AOMN's growth. Collaborating with mortgage brokers, real estate agents, and other industry players can expand AOMN's distribution network and increase its market reach. Acquisitions can provide access to new markets, technologies, and expertise, enhancing AOMN's competitive position.
What Opportunities Does AOMN Have?
- Expansion in non-QM lending.
- Strategic investments in RMBS and CMBS.
- Geographic expansion to new markets.
- Technological innovation to improve efficiency.
What Threats Does AOMN Face?
- Economic downturns impacting the housing market.
- Increased competition in the mortgage REIT sector.
- Changes in government regulations affecting mortgage lending.
- Rising interest rates increasing borrowing costs.
What Are AOMN's Competitive Advantages?
- Specialization in non-QM loans provides a niche market advantage.
- Diversified portfolio of mortgage-related assets mitigates risk.
- Experienced management team with expertise in mortgage finance.
- Established presence in the U.S. mortgage market.
What Does AOMN Do?
Founded on March 20, 2018, and headquartered in Atlanta, GA, Angel Oak Mortgage REIT, Inc. (AOMN) operates as a real estate finance company. The company's primary focus is acquiring and investing in first lien non-qualified mortgage (non-QM) loans within the U.S. mortgage market. Non-QM loans are mortgages that do not meet the standards for qualified mortgages as defined by the Dodd-Frank Act, often serving borrowers who may not fit traditional lending criteria. Beyond non-QM loans, AOMN invests in a diverse range of mortgage-related assets, including other residential mortgage loans, commercial mortgage loans, residential mortgage-backed securities (RMBS), and commercial mortgage-backed securities (CMBS). This diversified approach allows AOMN to capitalize on various opportunities within the real estate finance sector, managing risk through a portfolio of different asset types. AOMN's strategy involves actively managing its portfolio to optimize returns while navigating the complexities of the mortgage market. By focusing on non-QM loans, the company targets a niche market, potentially generating higher yields compared to traditional mortgage investments. The company's investments in RMBS and CMBS provide additional avenues for generating revenue and diversifying its asset base. Angel Oak Mortgage REIT operates primarily in the United States, focusing on the domestic mortgage market. Its headquarters in Atlanta positions it within a region with a strong presence in the financial services industry.
What Products and Services Does AOMN Offer?
- Acquires and invests in first lien non-QM loans.
- Invests in other residential mortgage loans.
- Invests in commercial mortgage loans.
- Invests in residential mortgage-backed securities (RMBS).
- Invests in commercial mortgage-backed securities (CMBS).
- Manages a portfolio of mortgage-related assets.
- Focuses on the U.S. mortgage market.
How Does AOMN Make Money?
- Generates revenue through interest income from mortgage loans.
- Earns profits from the sale of mortgage-backed securities.
- Manages risk through diversification of mortgage-related assets.
- Targets the non-QM loan market for higher yields.
What Industry Does AOMN Operate In?
Angel Oak Mortgage REIT, Inc. operates within the REIT - Industrial sector, which is influenced by macroeconomic factors such as interest rates, housing market trends, and regulatory changes. The U.S. mortgage market, where AOMN primarily operates, is characterized by increasing demand for non-QM loans, driven by borrowers who do not meet traditional lending criteria. Competitors in this space include other mortgage REITs and financial institutions that invest in mortgage-related assets. AOMN's focus on non-QM loans differentiates it from some competitors, potentially offering higher yields but also higher risks. The REIT sector is sensitive to interest rate fluctuations, impacting profitability and investment strategies.
Who Are AOMN's Key Customers?
- Borrowers who do not meet traditional lending criteria.
- Investors seeking exposure to mortgage-related assets.
- Institutions interested in mortgage-backed securities.
FY2026 estForward Outlook
Wall Street analysts project Angel Oak Mortgage REIT, Inc. revenue of about $47.6M for fiscal 2026, with EPS near $1.21.
Quarterly Financial Performance: Angel Oak Mortgage REIT, Inc.
Revenue for Angel Oak Mortgage REIT, Inc. came in at $38.0M during Q1 2026, a 6.0% contraction versus the preceding quarter. The company recorded a net loss of $7.4M, with diluted EPS of $-0.30. Quarter-over-quarter revenue has been mixed, typical for a small-cap company operating in Financial Services. Across the four most recent quarters, AOMN averaged $0.16 in diluted EPS.
AOMN Valuation & Market Position
With a $633.33M market cap, Angel Oak Mortgage REIT, Inc. sits in the small-cap segment of the market. Relative to its peer group, AOMN's quantitative score of 86/100 is above the peer average of 59/100.
ROE 6%Key Financial Metrics
Return on equity for Angel Oak Mortgage REIT, Inc. stands at 6.2%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.6%, showing how much profit it generates from its asset base. AOMN trades at a trailing price-to-earnings ratio of 38.44, above the Financial Services sector average of ~18x. Its free cash flow yield is 2.7%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.19 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 2.6%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 6/9Financial Health
Angel Oak Mortgage REIT, Inc.'s Piotroski F-Score is 6/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 0.14 places it in the distress zone, a signal of elevated financial risk.
Company Profile
Angel Oak Mortgage REIT, Inc. operates in the REIT - Industrial industry within the Financial Services sector. It is headquartered in Atlanta, US. The company is led by CEO Sreeniwas Vikram Prabhu. AOMN has traded publicly since 2024.
AOMN Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Focus on the growing non-QM loan market.
- High dividend yield attracts investors.
- Strong gross margin indicates efficient operations.
- Diversified portfolio of mortgage-related assets.
Bear Case
- Sensitivity to interest rate fluctuations.
- Reliance on the U.S. mortgage market.
- Potential impact from regulatory changes.
- Competition from other mortgage REITs.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $38M | -$7M | -$0.30 |
| Q4 2025 | $40M | $11M | $0.45 |
| Q3 2025 | $30M | $11M | $0.46 |
| Q2 2025 | $33M | $767,000 | $0.03 |
Based on FMP financials and quantitative analysis
AOMN Latest News
No recent news available for AOMN.
AOMN Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for AOMN.
Price Targets
Wall Street price target analysis for AOMN.
AOMN MoonshotScore
What does this score mean?
The MoonshotScore rates AOMN's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Sreeniwas Vikram Prabhu
CEO
Sreeniwas Vikram Prabhu serves as the Chief Executive Officer of Angel Oak Mortgage REIT, Inc. His background includes extensive experience in the financial services industry, with a focus on mortgage finance and real estate investments. Prior to joining Angel Oak, Prabhu held leadership positions at various financial institutions, where he oversaw portfolio management, risk assessment, and strategic planning. His expertise spans across different asset classes and investment strategies, making him well-suited to lead Angel Oak Mortgage REIT.
Track Record: Under Sreeniwas Vikram Prabhu's leadership, Angel Oak Mortgage REIT has focused on expanding its presence in the non-QM loan market and diversifying its portfolio of mortgage-related assets. He has emphasized strategic investments in RMBS and CMBS to optimize returns and mitigate risks. Prabhu's tenure has been marked by a commitment to technological innovation and operational efficiency, driving growth and enhancing shareholder value.
What Investors Ask About Angel Oak Mortgage REIT, Inc. (AOMN) — Financial Services
What does Angel Oak Mortgage REIT, Inc. 9 do?
Angel Oak Mortgage REIT, Inc. (AOMN) is a real estate finance company that specializes in acquiring and investing in first lien non-qualified mortgage (non-QM) loans and other mortgage-related assets in the U.S. mortgage market. Non-QM loans are mortgages that do not meet the standards for qualified mortgages, often serving borrowers who may not fit traditional lending criteria. AOMN also invests in residential and commercial mortgage loans, as well as mortgage-backed securities, aiming to generate income through interest and the sale of securities. The company operates primarily in the United States, focusing on the domestic mortgage market.
What do analysts say about AOMN stock?
Analyst coverage of Angel Oak Mortgage REIT, Inc. (AOMN) typically focuses on its specialization in non-QM loans, dividend yield, and sensitivity to interest rate changes. Key valuation metrics include price-to-earnings ratio, price-to-book ratio, and dividend yield. Growth considerations involve the expansion of the non-QM loan market, strategic investments in RMBS and CMBS, and the company's ability to manage risks associated with mortgage-related assets. Analyst consensus generally reflects a neutral to positive outlook, contingent on AOMN's ability to navigate market conditions and maintain profitability.
What are the main risks for AOMN?
The main risks for Angel Oak Mortgage REIT, Inc. (AOMN) include sensitivity to interest rate fluctuations, which can impact borrowing costs and demand for mortgages. Economic downturns and housing market volatility can increase default rates and reduce the value of mortgage-related assets. Regulatory changes in the mortgage industry can also affect AOMN's business model and profitability. Competition from other mortgage REITs and financial institutions can put pressure on margins. Effective risk management and diversification are crucial for mitigating these potential challenges.
What are the key factors to evaluate for AOMN?
Angel Oak Mortgage REIT, Inc. (AOMN) holds an AI score of 86/100 (high). P/E: 38.4x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does AOMN data refresh on this page?
AOMN prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven AOMN's recent stock price performance?
Angel Oak Mortgage REIT, Inc. (AOMN) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Focus on the growing non-QM loan market. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider AOMN overvalued or undervalued right now?
Angel Oak Mortgage REIT, Inc. (AOMN) trades at 38.4x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying AOMN?
Before investing in Angel Oak Mortgage REIT, Inc. (AOMN), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available data and may be subject to change.
- Financial metrics are as of the latest available reporting period.