Angel Oak Mortgage REIT Inc [NYSE: AOMR] gained 1.21% or 0.11 points to close at $9.22 with a heavy trading volume of 120736 shares.
The daily chart for AOMR points out that the company has recorded -1.60% loss over the past six months.
If we look at the average trading volume of 146.95K shares, AOMR reached to a volume of 120736 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Angel Oak Mortgage REIT Inc [AOMR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AOMR shares is $11.83 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AOMR stock is a recommendation set at 1.57. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Janney have made an estimate for Angel Oak Mortgage REIT Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 02, 2025. While these analysts kept the previous recommendation, BTIG Research raised their target price to Buy. The new note on the price target was released on July 31, 2024, representing the official price target for Angel Oak Mortgage REIT Inc stock. Previously, the target price had yet another raise to $10, while UBS analysts kept a Neutral rating on AOMR stock. On December 05, 2022, analysts decreased their price target for AOMR shares from 15.50 to 6.50.
The Average True Range (ATR) for Angel Oak Mortgage REIT Inc is set at 0.31, with the Price to Sales ratio for AOMR stock in the period of the last 12 months amounting to 2.02. The Price to Book ratio for the last quarter was 0.86, with the Price to Cash per share for the same quarter was set at 1.85. Price to Free Cash Flow for AOMR in the course of the last twelve months was 5.51.
Trading performance analysis for AOMR stock
Angel Oak Mortgage REIT Inc [AOMR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.26. With this latest performance, AOMR shares gained by 8.22% in over the last four-week period, additionally sinking by -1.60% over the last 6 months – not to mention a drop of -21.83% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AOMR stock in for the last two-week period is set at 43.16, with the RSI for the last a single of trading hit 34.91, and the three-weeks RSI is set at 46.40 for Angel Oak Mortgage REIT Inc [AOMR]. The present Moving Average for the last 50 days of trading for this stock 9.19, while it was recorded at 9.64 for the last single week of trading, and 9.87 for the last 200 days.
Angel Oak Mortgage REIT Inc [AOMR]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AOMR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Angel Oak Mortgage REIT Inc go to 69.60%.
An analysis of Institutional ownership at Angel Oak Mortgage REIT Inc [AOMR]
There are presently around $73.13%, or 76.59%% of AOMR stock, in the hands of institutional investors. The top three institutional holders of AOMR stocks are: DAVIDSON KEMPNER CAPITAL MANAGEMENT LP with ownership of 7.39 million shares, which is approximately 29.7855%. MORGAN STANLEY, holding 5.17 million shares of the stock with an approximate value of $$67.75 million in AOMR stocks shares; and MORGAN STANLEY, currently with $$27.58 million in AOMR stock with ownership which is approximately 8.4855%.
