Adamas Trust, Inc. (ADAM)

US — Real Estate Sector
Peers: TRTX  MITT  IVR  RC  KREF  SACH  CIM  NREF 

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Key Metrics & Ratings

  • symbol ADAM
  • Rev/Share 7.1632
  • Book/Share 15.5385
  • PB 0.5233
  • Debt/Equity 7.7821
  • CurrentRatio 0.0
  • ROIC 0.0

 

  • MktCap 726977597.0
  • FreeCF/Share 1.0798
  • PFCF 7.4469
  • PE 11.348
  • Debt/Assets 0.8727
  • DivYield 0.1068
  • ROE 0.0461

 

  • Rating B-
  • Score 2
  • Recommendation Sell
  • P/E Score 3
  • DCF Score 1
  • P/B Score 4
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Resumed ADAM B. Riley Securities -- Buy -- $9 Jan. 6, 2026

News

Adamas Trust: Mortgage REIT Preferred Share Floating At 10.8% Yield
ADAM, ADAMG, ADAMH, ADAMI, ADAML, ADAMM, ADAMN, ADAMZ
Published: January 20, 2026 by: Seeking Alpha
Sentiment: Neutral

Adamas Trust (ADAM) offers a compelling 10.8% yield on its ADAMM preferred shares, standing out among its nine income options. Despite steady net interest income growth and expanding the investment portfolio, ADAM faces heightened leverage and liquidity risks if rates rise. I remain cautious on ADAM common shares due to persistent book value declines and a history of dividend cuts.

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image for news Adamas Trust: Mortgage REIT Preferred Share Floating At 10.8% Yield
ADAMO: A 9.25% Senior Note IPO From Adamas Trust
ADAM
Published: January 19, 2026 by: Seeking Alpha
Sentiment: Positive

Adamas Trust has issued a new 9.25% Senior Note due 2031, offering a 9.54% yield to maturity at $25.05. ADAMO's IPO credit spread is over 50 bps lower than ADAMH's, signaling improved underwriter confidence compared to six months ago. ADAMO offers the longest duration among ADAM's baby bonds and is priced in line with sector peers, not under distress.

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image for news ADAMO: A 9.25% Senior Note IPO From Adamas Trust
Adamas Trust, Inc. Reports Third Quarter 2025 Results
ADAM
Published: October 29, 2025 by: GlobeNewsWire
Sentiment: Neutral

NEW YORK, Oct. 29, 2025 (GLOBE NEWSWIRE) -- Adamas Trust, Inc. (Nasdaq: ADAM) (“Adamas,” the “Company,” “we,” “our” or “us”) today reported results for the three and nine months ended September 30, 2025.

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image for news Adamas Trust, Inc. Reports Third Quarter 2025 Results
Are Finance Stocks Lagging Adamas Trust, Inc. (ADAM) This Year?
ADAM
Published: September 24, 2025 by: Zacks Investment Research
Sentiment: Negative

Here is how Adamas Trust (ADAM) and Credicorp (BAP) have performed compared to their sector so far this year.

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image for news Are Finance Stocks Lagging Adamas Trust, Inc. (ADAM) This Year?

About Adamas Trust, Inc. (ADAM)

  • IPO Date 2025-09-03
  • Website https://www.AdamasREIT.com
  • Industry REIT - Mortgage
  • CEO Jason T. Serrano
  • Employees 70

Adamas Trust, Inc. acquires, invests in, finances, and manages mortgage-related single-family and multi-family residential assets in the United States. The company's targeted residential loans, including business purpose loans; agency RMBS; non-agency residential mortgage-backed securities (RMBS); structured multi-family property investments, such as preferred equity in, and mezzanine loans to owners of multi-family properties; and other mortgage-, residential housing- and credit-related assets and strategic investments; and commercial mortgage-backed securities (CMBS). It also owns and manages single-family rental properties. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Adamas Trust, Inc. was formerly known as New York Mortgage Trust, Inc. and changed its name to Adamas Trust, Inc. in September 2025. Adamas Trust, Inc. was incorporated in 2003 and is headquartered in New York, New York.