Angel Oak Mortgage REIT, Inc. Common Stock (AOMR)

Under-the-radar winners across sectors and industries are set to thrive as anticipated lower interest rate is anticipated.

AOMR stock results show that Angel Oak Mortgage REIT missed analyst estimates for earnings per share and missed on revenue for the second quarter of 2024.

AOMR stock results show that Angel Oak Mortgage REIT missed analyst estimates for earnings per share and missed on revenue for the first quarter of 2024.

AOMR stock results show that Angel Oak Mortgage REIT missed analyst estimates for earnings per share and missed on revenue for the fourth quarter of 2023.

REITs are solid investments because they because they provide stable cash flow for income investors. You can rely on these REITs to buy.

Companies Reporting Before The Bell • NIO (NYSE:NIO) is estimated to report quarterly loss at $0.51 per share on revenue of $2.29 billion.

As the first half of 2023 comes to an end, it’s been a clearly challenging time for stocks, and real estate investment trusts (REITs) in particular, with Federal Reserve rate hikes and hints of recession to come. More than half of all REITs have had negative total returns so far.

The volatility seen on Wall Street in 2022 has continued into 2023.  The first 10 weeks of 2023 produced a strong January rally, followed by a collapse of prices in February and somewhat into March.

  During Monday's session, 49 companies made new 52-week lows.

When investing in mortgage real estate investment trust (REIT) it is important to know that these funds hold a five-year average dividend yield of 10.8%.

Gainers AEye, Inc. (NASDAQ: LIDR) shares jumped 50% to close at $1.25 on Friday. AEye recently posted a Q3 loss of $0.11 per share.

Upgrades

Gainers Nutex Health Inc. (NASDAQ: NUTX) jumped 72.4% to settle at $0.9551 on Thursday. Nutex Health recently provided a corporate update.

 

Gainers FedNat Holding Company (NASDAQ: FNHC) shares jumped 89% to $0.4242 after dipping 34% on Wednesday.

Thursday marks the last chance for investors to receive the next dividend payout from Angel Oak Mortgage (NYSE:AOMR).