Why Did Angel Oak Mortgage REIT (AOMR) Soar 11.49% on Strong Earnings?

Generated by AI AgentAinvest Movers Radar
Wednesday, Apr 9, 2025 6:48 am ET1min read

On April 9, 2025,

REIT (AOMR) surged 11.49% in pre-market trading, marking a significant rise in its stock price.

Angel Oak Mortgage REIT, Inc. (AOMR) has reported a net income of $33.71 million, with earnings per share of $1.14 over the last four quarters. This financial performance indicates a strong foundation for the company's growth and stability.

Despite a challenging year with a 29.6% drop in stock price, Angel Oak Mortgage REIT has shown resilience in the real estate sector. The company's market capitalization stands at $190.82 million, reflecting its position as a notable player in the mortgage REIT industry.

Angel Oak Mortgage REIT's dividend yield of 15.18% makes it an attractive option for investors seeking high dividend returns. The company's dividend payout ratio and consistent earnings suggest a commitment to rewarding shareholders.

Comments



Add a public comment...
No comments

No comments yet