Angel Oak Mortgage REIT Reports $1.28 2025 Dividends, Earns Moderate Buy Rating
Angel Oak Mortgage REIT announced total 2025 dividend distributions of $1.28 per share—composed of $0.20722 ordinary income and $0.11278 return of capital per quarterly $0.32 payout. The company received an average "Moderate Buy" analyst rating based on six estimates and a $11.06 one-year price target.
1. Dividend Tax Characterization for 2025
Angel Oak Mortgage REIT distributed total dividends of $1.28 per share during 2025, paid in four equal installments of $0.32 per share on February 28, May 30, August 29 and November 26. Each quarterly distribution consisted of $0.20722 of ordinary income classified as Qualified REIT Dividends under IRC Section 199A and $0.11278 of long-term capital gains. No portion of the distributions was treated as a return of capital. Shareholders are advised to verify that the tax statements received from their brokerage firms align with these figures and to consult tax advisors for individual guidance.
2. Analyst Ratings and Consensus
Six research analysts currently cover the company, assigning an average recommendation of Moderate Buy. Within this coverage universe, three analysts have maintained hold ratings while three have issued buy ratings. Recent research actions include a hold reaffirmation by Weiss Ratings, an upgrade from strong sell to hold by Zacks Research, a neutral rating with a lowered outlook by UBS Group and a downgrade from hold to sell by Wall Street Zen.
3. Third-Quarter Financial Performance and Key Metrics
For the quarter ended November 6, the company reported earnings per share of $0.02, missing consensus estimates by $0.26. Net revenue totaled $28.02 million, compared with average analyst projections of $10.68 million, driving a net margin of 12.93% and a return on equity of 6.42%. The firm maintains a conservative balance sheet with a quick ratio equal to its current ratio and manages leverage through repurchase financing facilities, while actively adjusting duration and credit exposure to navigate interest rate and credit cycles.
4. Institutional Ownership Trends
Institutional investors held 80.15% of outstanding shares at the end of the most recent quarter. Notable changes in position sizes included a new acquisition by Strs Ohio, a more than threefold increase by BNP Paribas Financial Markets, and material additions by Russell Investments Group and Algert Global LLC. These shifts reflect growing institutional confidence in the REIT’s mortgage credit strategy and its ability to generate stable distributions across market conditions.