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Angel Oak Mortgage REIT, Inc. 9 AOMN

Listed / Traded Mortgage NYSE Mgmt:

Angel Oak Mortgage REIT, Inc. functions as a real estate finance enterprise, predominantly concentrating its efforts on acquiring and investing in first-lien non-qualified mortgage (non-QM) loans and other mortgage-linked assets within the U.S. housing finance sector. The company's diverse investment portfolio further extends to include various residential and commercial mortgage loans, as well as residential mortgage-backed securities (RMBS), commercial mortgage-backed securities (CMBS), and other related debt instruments. Established on March 20, 2018, this firm's corporate headquarters are located in Atlanta, Georgia.

Business overview written from the company's own Form 10-K (Item 1), filed 2026-03-03 — refreshed whenever it files a new one. The figures above are current; see its SEC filings. ✓ From the 10-K

Plain-English: the Snapshot is the quick read — what it pays you (yield, dividend), how its cash flow looks (FFO/AFFO, Price/OCF) and how much debt it carries. Switch to Expert in the header to hide these explanations.

Snapshot

Price
$24.98
Market cap
$622.49M
Enterprise value
$862.01M
Dividend yieldi
9.51%
Annual dividendi
$2.38
Frequency
Quarterly
FFO / sharei
Not reported (common for mortgage REITs)
AFFO / sharei
Not reported in latest 8-K
Net debt / EBITDAi
1.92x · GAAP est.
Op. cash flow / sharei
$0.76
Price / OCFi
32.68
Payout (% of OCF)i
310.69%
Debt / book capitali
52.28%
Premium / disc. to NAVi
No free consensus-NAV source
Credit ratingi
No free ratings feed

Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.

$10,000 invested

400shares (~$24.98 each)
$951est. dividends / year
$79≈ per month
9.51%current yield

Illustrative income only, at today's price and latest declared dividend — it excludes price changes, dividend cuts and taxes. Not a forecast.

Model AOMN yourself — any amount, shares, per-payment & a multi-year DRIP projection →

Balance sheet (latest FY: 2025)

Total debt
$307.78M
Cash
$41.62M
Net debt / EBITDAi
1.92x
Debt / book capitali
52.28%
Total assets
$2.75B
Total equity
$267.52M
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Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.

Financial history

FYRevenueNet incomeD&A EBITDAOp. cash flow
2025 $132.79M $44.02M $0.00 $147.11M $18.59M
2024 $101.20M $28.75M $3.26M $108.77M $35.28M
2023 $58.43M $33.71M $0.00 $102.01M $42.71M
2022 $106.83M $-187.83M $0.00 $-128.27M $125.63M
2021 $55.63M $21.11M $0.00 $34.19M $23.05M
2020 $20.03M $736.00K $0.00 $8.23M $7.92M

Dividends

Recent regular dividends per share (special distributions excluded), oldest → newest.

Ex-dateRecordPaymentDeclaredAmountFreq.
2026-07-152026-07-152026-07-30 $0.59Quarterly
2026-04-152026-04-152026-04-30 $0.59Quarterly
2026-01-152026-01-152026-01-30 $0.59Quarterly
2025-10-152025-10-152025-10-30 $0.59Quarterly
2025-07-152025-07-152025-07-30 $0.59Quarterly
2025-04-152025-04-152025-04-30 $0.59Quarterly
2025-01-152025-01-152025-01-30 $0.59Quarterly
2024-10-152024-10-152024-10-30 $0.63Quarterly

Coverage (payout of operating cash flow): 310.69%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).

Other Mortgage REITs

Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.

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