AOMR, AOMD, AOMN · CIK 0001766478 · operating
Angel Oak Mortgage REIT is a real estate finance company that acquires and invests in first lien non-qualified mortgage loans and related mortgage assets across the United States. The company focuses on residential and commercial mortgage loan portfolios, generating revenue primarily through interest income on these assets and gains from portfolio management activities.
As a mortgage REIT, the company qualifies for special tax treatment under federal law, allowing it to avoid corporate-level income taxation provided it distributes at least 90% of taxable income to shareholders. This structure is common among mortgage REITs and shapes the company's capital allocation strategy and dividend policy.
Incorporated in Maryland in 2018 with headquarters in Atlanta, Georgia, Angel Oak operates as a smaller player in the mortgage REIT sector with a market capitalization of approximately $0.2 billion. The company is listed on the New York Stock Exchange under the ticker AOMR.
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 | — |