Earnings To Watch: Angel Oak Mortgage REIT Inc (AOMR) Reports Q3 2024 Result

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Nov 05, 2024

Angel Oak Mortgage REIT Inc (AOMR, Financial) is set to release its Q3 2024 earnings on Nov 6, 2024. The consensus estimate for Q3 2024 revenue is $9.64 million, and the earnings are expected to come in at $0.32 per share. The full year 2024's revenue is expected to be $38.87 million and the earnings are expected to be $1.19 per share. More detailed estimate data can be found on the Forecast page

Angel Oak Mortgage REIT Inc (AOMR, Financial) Estimate Trends

Over the past 90 days, revenue estimates for the full year 2024 for Angel Oak Mortgage REIT Inc (AOMR) have declined from $40.69 million to $38.87 million. For 2025, the estimates have decreased from $52.33 million to $48.80 million. Earnings estimates have also been adjusted; for the full year 2024, they have decreased from $1.22 per share to $1.19 per share, while for 2025, they have increased from $1.22 per share to $1.23 per share.

Angel Oak Mortgage REIT Inc (AOMR, Financial) Reported History

In the previous quarter of 2024-06-30, Angel Oak Mortgage REIT Inc's (AOMR) actual revenue was $9.46 million, which missed analysts' revenue expectations of $9.592 million by -1.34%. Angel Oak Mortgage REIT Inc's (AOMR) actual earnings were $-0.01 per share, which missed analysts' earnings expectations of $0.203 per share by -104.93%. After releasing the results, Angel Oak Mortgage REIT Inc (AOMR) was down by -0.24% in one day.

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Angel Oak Mortgage REIT Inc (AOMR, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 5 analysts, the average target price for Angel Oak Mortgage REIT Inc (AOMR) is $12.40 with a high estimate of $13.50 and a low estimate of $11.00. The average target implies an upside of 35.82% from the current price of $9.13.

Based on GuruFocus estimates, the estimated GF Value for Angel Oak Mortgage REIT Inc (AOMR, Financial) in one year is $0, suggesting a downside of -100% from the current price of $9.13.

Based on the consensus recommendation from 6 brokerage firms, Angel Oak Mortgage REIT Inc's (AOMR, Financial) average brokerage recommendation is currently 2.3, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.