AOMR Stock Analysis:
Bank of America Securities Downgrades Angel Oak Mortgage Inc. (AOMR:NYE) to an Underperform rating and slashes the price target to $6.50 from $15.50 on the AOMR stock.
Based on the stock projections made by 4 analysts, the average analyst target price for Angel Oak Mortgage Inc. over the next 12 months is USD 10.50. The typical analyst recommendation for Angel Oak Mortgage Inc. is Hold.
Based on 1 positive signal and 6 negative indications, Stock Target Advisor has determined that its own stock analysis of Angel Oak Mortgage Inc. is Bearish. The stock price of Angel Oak Mortgage Inc. was 6.65 USD at the most recent closure.
AOMR stock price has changed by -11.92% over the previous week, -27.16% over the previous month, and -60.30% over the previous year.
About Angel Oak Mortgage Inc. (AOMR:NYE):
A real estate finance company called Angel Oak Mortgage, Inc. concentrates on buying and investing in first lien non-qualified mortgage loans as well as other mortgage-related assets in the US mortgage market.
For the purposes of federal income taxes, the business is a real estate investment trust.
If it gives at least 90% of its taxable income to its stockholders, it is normally exempt from federal corporate income taxes. Atlanta, Georgia serves as the corporate headquarters of Angel Oak Mortgage, Inc., which was founded in 2018.
Fundamental Analysis:
Positive Fundamentals:
Low volatility
For a hold duration of at least 12 months, the stock’s yearly returns have been stable and constant when compared to peers in its industry, and they are in the top quartile. Although stability is desirable, it can also restrict returns.
Negative Fundamentals:
Low market capitalisation
This is one of the less significant companies in its industries with a market capitalization below the average. If it doesn’t have a distinct technology or market that can help it develop or be purchased in the future, it may make it less stable in the long run.
Inadequate risk-adjusted returns
In comparison to its rivals, this company’s risk-adjusted return performance is below average. The returns are unpredictable, even if it is outperforming in terms of returns. Be careful as you go.
Lower than average total returns
In terms of annual average total returns during the previous five years, the company lagged behind its competitors.
Lower than average dividend returns
In comparison to its competitors, the company’s average income yield during the past five years has been low. If you are not seeking for work, it is not an issue.
Overleveraged
In terms of debt to equity, the company is heavily leveraged and in the bottom half of its sector rivals. Check the news, though, and study the sector and management remarks. This can be high at times since the business is attempting to grow quickly.
Poor cash flow
The last four quarters saw a negative total cash flow for the organisation.
Low growth in earnings
Compared to its sector, this stock’s five-year median earnings growth was lower than average.
Low Growth in Revenue
Compared to its sector, this stock’s five-year median revenue growth was lower than average.
