AOMR, AOMD, AOMN · CIK 0001766478 · operating
# Angel Oak Mortgage REIT, Inc.
Incorporated in Maryland and listed on the New York Stock Exchange under the ticker AOMD, Angel Oak Mortgage REIT operates as a mortgage real estate investment trust (REIT). The company primarily invests in and manages residential mortgage-backed securities (RMBS), including both agency and non-agency mortgage assets. Its business model centers on acquiring portfolios of mortgage loans and securities, with the objective of generating returns for shareholders through interest income and capital appreciation.
The company's revenue streams derive principally from interest income on its mortgage assets, supplemented by gains on securities sales and other investment-related activities. Angel Oak Mortgage REIT targets residential mortgage investments across the United States, including conforming loans, non-conforming loans, and securitized mortgage products. The firm operates from a lean operational structure typical of mortgage REITs, which generally maintain smaller employee bases compared to traditional mortgage servicers or originators, as core operations focus on asset acquisition, portfolio management, and investor relations rather than loan origination or servicing infrastructure.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2024 | $1.17 | $1.18 | -13.3% | |
| 2023 | $1.35 | $1.36 | +117.6% | |
| 2022 | $-7.65 | $-7.65 | -857.4% | |
| 2021 | $1.01 | $1.02 | — |