Angel Oak Mortgage is a real estate finance company, focused on acquiring and investing in first lien non-qualified residential mortgage (non-QM) loans and other mortgage-related assets in the U.S. mortgage market. Co. makes credit-sensitive investments primarily in newly-originated first lien non-QM loans that are primarily made to non-QM loan borrowers and primarily sourced from the proprietary mortgage lending platform of affiliates, Angel Oak Mortgage Solutions LLC and Angel Oak Home Loans LLC, which operates through wholesale and retail channels. Co. also invests in other residential mortgage loans, residential mortgage-backed securities, and other mortgage-related assets. We show 4 historical shares outstanding datapoints in our AOMR shares outstanding history coverage, used to compute AOMR market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AOMR market cap history over the course of time is important for investors
interested in comparing AOMR's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of AOMR versus a peer is one thing; comparing
AOMR market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like AOMR can fluctuate over the course of history.
With this page we aim to empower investors researching AOMR by allowing them to research the AOMR market cap history. |