Angel Oak Mortgage, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $222.5M
- Price
- $8.93
- % Change (Daily % change from the live per-ticker quote feed.)
- -0.78%
- Volume
- 75.0K
About
Angel Oak Mortgage, Inc. (AOMR) operates as a real estate finance firm, primarily acquiring and investing in first-lien non-qualified mortgage (non-QM) loans and various other mortgage-backed assets across the United States. The company holds Real Estate Investment Trust (REIT) status for federal tax purposes. This designation allows it to generally bypass federal corporate income tax, provided it distributes a minimum of 90% of its taxable earnings to its shareholders. Angel Oak Mortgage, Inc. was founded in 2018 and is headquartered in Atlanta, Georgia.
Quick stats
Shares outstanding24.9M
Computed float16.8M
Float / shares67.6%
Key info
SectorReal Estate
IndustryREIT - Mortgage
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001766478
Websitehttps://www.angeloakreit.com
AI Summary
AI-generated1/10
criticalbullishearnings
Angel Oak Mortgage REIT, Inc. Reports Second Quarter 2026 Financial Results
Angel Oak Mortgage REIT reported strong Q2 2026 results with GAAP net income rising more than fourfold to $3.4 million and net interest income increasing 8% year-over-year to $10.7 million. Distributable Earnings, a key non-GAAP metric, nearly tripled to $9.0 million or $0.37 per share.
Capital allocation activity included the repurchase of approximately $15 million in common stock and the declaration of a $0.32 per share dividend payable on August 28. The company also closed the AOMT 2026-3 securitization totaling $279.6 million to repay outstanding debt.
Management attributed the performance to portfolio resilience and strategic actions to strengthen liquidity, including monetizing legacy bonds and redeploying capital into higher-yielding loans.
Red flags
- GAAP book value decreased 1.7% sequentially to $10.13 per share
- Recorded net unrealized losses of $16.8 million year-to-date