Angel Oak Mortgage REIT, based in Atlanta, operates within the real estate sector and specializes in mortgage-related assets. The company’s stock is publicly traded on the New York Stock Exchange under the ticker symbol AOMR.
In recent months, the REIT has reported growth in net interest income and completed several successful securitization deals. Angel Oak was involved in a $300 million securitization deal, filed a $750 million shelf for future capital raises, and issued $50 million in senior unsecured notes.
Read more: Angel Oak Mortgage REIT reports quarterly setback
While Angel Oak reported a 4.5% decrease in economic book value per share from the previous quarter, the company remains optimistic about future growth, particularly in the non-QM loan space. The company has declared a $0.32 per share common dividend and aims to acquire around $1 billion in new loans with fresh capital raised in July.
In other recent news, Angel Oak Mortgage Solutions made several internal promotions in its senior leadership team.
