BTIG Lowers Angel Oak Mortgage REIT (AOMR) Target but Keeps Bullish View

With an annual dividend yield of 14.14%, Angel Oak Mortgage REIT, Inc. (NYSE:AOMR) is included among the Top 10 Dividend Stocks with 10%+ Yield.

On June 17, BTIG lowered its price recommendation on Angel Oak Mortgage REIT, Inc. (NYSE:AOMR) to $10 from $13.50. It reiterated a Buy rating on the shares. The firm said residential credit-focused mortgage real estate investment trusts continue to offer more attractive valuations than agency-focused REITs, along with greater long-term book value upside potential.

During the company's first-quarter 2026 earnings call, President & CEO Sreeniwas Prabhu said the results reflected a continued trend of operating growth, supported by another quarter of net interest income expansion and disciplined expense management.

Prabhu added that the quarter was also affected by unfavorable valuation impacts as interest rates and credit spreads increased and became more volatile. Treasurer & CFO Brandon Filson said the company reported a GAAP net loss of $7.4 million, or $0.30 per diluted common share, for the first quarter. He explained that the loss was mainly driven by unrealized valuation changes in the company's securitized and unsecuritized loan po

Fuente original: Yahoo Finance (https://finance.yahoo.com/real-estate/articles/btig-lowers-angel-oak-mortgage-185129609.html)