Angel Oak Mortgage REIT, Inc. is predicted to achieve earnings of $0.20 per share in the first quarter of 2024 (NYSE:AOMR).

In a research note, B. Riley analysts estimate that Angel Oak Mortgage REIT will post earnings of $0.20 per share for Q1 2024. Other analysts have recently commented on the company, with Wells Fargo boosting their target price to $10.00 and Oppenheimer reaffirming a “market perform” rating. The stock opened at $10.74 on Friday and has a market cap of $268.18 million. Angel Oak Mortgage REIT last reported earnings on March 5th, with a net margin of 35.14%. They also announced a quarterly dividend of $0.32 per share. Institutional investors have shown interest in the company, with 80.15% of the stock currently owned by them. Angel Oak Mortgage REIT focuses on acquiring and investing in first lien non-qualified mortgage loans and other mortgage-related assets in the United States mortgage market.

– B. Riley analysts estimate Q1 2024 earnings at $0.20 per share
– Wells Fargo raised target price to $10.00, Oppenheimer reaffirmed “market perform” rating
– Stock opened at $10.74, market cap of $268.18 million
– Last reported earnings on March 5th with a net margin of 35.14%
– Announced quarterly dividend of $0.32 per share
– 80.15% of stock owned by institutional investors
– Focuses on acquiring and investing in first lien non-qualified mortgage loans and other mortgage-related assets



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