Angel Oak Mortgage REIT

AOMR · NYSE

$7.20+$0.14 (+1.98%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $7.06

AOMR analyst rating

BuyConsensus of 4 analysts over the last 12 months. 75% rate it a buy.

Strong buy0
Buy3
Hold1
Underperform0
Sell0

12-month price target · 7 analysts

Average $10.76 (+49.5% upside)

Low: $9.34
Now: $7.20
High: $13.65

Upgrades and downgrades

The latest rating actions, newest first

AOMR analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
BTIG	Oct 7, 2026	Maintains	Buy	$10.00 → $9.00	38%
Wells Fargo	Aug 5, 2026	Maintains	Overweight	$11.00 → $10.00	56%
Jones Trading	Aug 4, 2026	Maintains	Buy	$10.50	26%
BTIG	Jun 17, 2026	Maintains	Buy	$13.50 → $10.00	38%
Jones Trading	Feb 26, 2026	Maintains	Buy	$10.50	26%
UBS	Nov 18, 2025	Maintains	Neutral	$10.00 → $9.75	100%

The case for and against

Updated Mar 27, 2026

Bull case

Angel Oak Mortgage REIT (AOMR) demonstrates a strong positive outlook, driven by a sequential net interest margin increase of 13 basis points to 27.9% and a significant expansion of its investment portfolio to $2.68 billion, primarily due to increased residential loans in securitization trusts. The company's strategy, which includes targeting the acquisition of over $200 million in loans per quarter and leveraging its relationship with Angel Oak's vertically integrated platform, positions it to capitalize on attractive risk-adjusted returns for stockholders. Additionally, AOMR's potential participation in new securitization deals, such as those involving HELOCs and second liens, further enhances its risk/return profile, aligning with the current trends in private credit markets.

Bear case

Angel Oak Mortgage REIT is facing challenges with high financing costs, which are expected to remain above those of its peers, leading to lower-than-anticipated returns for shareholders. There are concerns about execution and management risks, as ineffective portfolio management or the loss of key personnel could negatively impact return on equity (ROE) and jeopardize the company's book value. Additionally, while the company projects mid-high teen ROEs from non-QM securitizations, these figures are trending downward, indicating potential difficulties in achieving its strategic financial objectives.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.