Angel Oak Mortgage, Inc. (AOMR) Stock

Angel Oak Mortgage, Inc. (AOMR) is a Real Estate stock trading at $8.48 (as of 2026-08-24), with a market capitalization of $196.86M and a trailing P/E of 10.5. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Angel Oak Mortgage, Inc. (AOMR) is a real estate finance company that acquires and invests in first lien non-qualified mortgage loans and other mortgage-related assets in the United States. It qualifies as a real estate investment trust for federal income tax purposes and is based in Atlanta, Georgia.

Understand Angel Oak Mortgage, Inc.: how it makes money

Angel Oak Mortgage acquires and invests in first lien non-qualified mortgage loans and other mortgage-related assets, earning income from its mortgage loan and related asset investments while qualifying as a REIT if it distributes at least 90% of taxable income to stockholders.

The profit engine is holding and investing in first lien non-qualified mortgage loans and other mortgage-related assets for return on that credit and investment exposure, with the tax profile tied to REIT qualification through high stockholder distributions.

Business quality (Weak): Business model is clearly described, but no reportable segments or operational KPIs were provided here, so investors have limited visibility into the specific operating drivers behind quarter-to-quarter results.

Valuation: At 14× earnings, AOMR trades 59% below the Real Estate average (34×). Note: one-time items can distort reported P/E.

Bull case

  • REIT structure can reduce federal corporate income tax if it distributes enough taxable income: It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders.
  • Focused investment approach in first lien non-qualified mortgage loans and related assets: The company focuses on acquiring and investing in first lien non-qualified mortgage loans and other mortgage-related assets in the United States mortgage market.

Bear case

  • Investment performance depends on outcomes of its mortgage loan portfolio: Because it invests in first lien non-qualified mortgage loans and related assets, changes in loan performance and broader mortgage conditions can affect results.
  • REIT distribution requirement can constrain flexibility: Its tax position depends on distributing at least 90% of taxable income to stockholders, which can limit options for capital retention.
Valuation — source: SEC EDGAR (first-party)
Price$8.48
Market Cap$196.86M
P/E Ratio10.5
EV / EBITDA137.2
Price / Book0.84
Price / Sales1.25
DCF Value (model)$36.90
DCF Upside vs Price335.1%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$143.66M
Net Margin30.6%
Revenue Growth (YoY)18.0%
EPS Growth (YoY)366.7%
Valuation vs Sector & Industry
Stock P/E10.5
Sector P/E (Real Estate)27.3
Industry P/E (Real Estate)29.6
vs Sector-61.4%
vs Industry-64.4%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderMORGAN STANLEY ($42.51M)
Institutional Holders Tracked10
Company
SectorReal Estate
IndustryReal Estate
CEOSreeniwas Vikram Prabhu
Employees300
CountryUS
IPO Date2021-06-17

Related Companies (Real Estate; 8 comparable real estate companies)

  • Curbline Properties Corp. (CURB)
  • Five Point Holdings, LLC (FPH)
  • Claros Mortgage Trust, Inc. (CMTG)
  • Getty Realty Corp. (GTY)
  • Innovative Industrial Properties, Inc. (IIPR)
  • AH Realty Trust, Inc. (AHRT)
  • Comstock Holding Companies, Inc. (CHCI)
  • Tejon Ranch Co. (TRC)
AOMR earnings history · AOMR institutional & insider holders · AOMR KPIs & operating metrics · AOMR financials · AOMR investor presentations & press releases · AOMR SEC filings · AOMR peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-24.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.