Company Overview
Adamas Trust, Inc. acquires, invests in, finances, and manages mortgage-related single-family and multifamily residential assets in the United States. The company operates through two segments: Investment Portfolio and Constructive. The Investment Portfolio segment manages a diversified portfolio primarily consisting of mortgage-related single-family and multifamily residential investments, including agency residential mortgage-backed securities (RMBS), non-agency RMBS, residential loans, such as business purpose loans, performing, re-performing, non-performing, and seasoned performing, multifamily loans, preferred equity investments, joint venture equity investments, multifamily investments, mezzanine lending, cross-collateralized mezzanine lending, and single-family rental. The Constructive segment is a business purpose loan lender specializing in rental and transitional loans for real estate investors; and origination and sale of loans. The company provides structured multi-family property investments; other mortgage-, residential housing- and credit-related assets and strategic investments; and commercial mortgage-backed securities (CMBS). 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.
Why Investors Should Care
Net profit has compounded at 50.0% per year over the last five years.
Revenue has grown at a 243.7% CAGR over the past five years.
Trades at a P/E of 7.8, below the sector median of 27.4.
Maintains a net profit margin of 48.1%.
Offers a dividend yield of 10.31%.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Dec 2025 Revenue of $352.88M (+47.7% YoY); net profit $149.05M.
- Trailing 12 Months Year-on-year growth — revenue +10.7%, earnings +21.2%.
- 5-Year Trend Long-term compounding — revenue CAGR 243.7%, profit CAGR 50.0%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 243.71% |
| 1 Year: | 10.70% |
Compounded Profit Growth
| 5 Years: | 49.97% |
| 1 Year: | 21.20% |
Stock Price Performance
| 1 Year: | +54.25% |
| 6 Months: | +25.57% |
| 3 Months: | +23.33% |
| 1 Month: | +3.57% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMAAbove
- RSI (14)53.93 · Neutral
P/E of 7.82 is below the sector median of 27.36 — relatively cheaper than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Excellent profit margin of 48.1%.
- Compounding revenue at 243.7% over 5 years.
- Profit CAGR of 50.0% over 5 years.
- Attractive dividend yield of 10.31%.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
No notable concerns flagged.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Real Estate).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | ADAM Adamas Trust, Inc. R2K | 9.15 | 7.82 | $822.23M | 10.31% | - | 13.01% | 243.71% | 49.97% |
| 2 | WELL Welltower Inc. SPX | 236.00 | 113.46 | $166.60B | 1.25% | 0.26% | 3.67% | 22.69% | 87.90% |
| 3 | PLD Prologis, Inc. SPX | 142.49 | 35.71 | $132.85B | 2.88% | - | 6.84% | 14.83% | 36.55% |
| 4 | EQIX Equinix, Inc. SPX | 1,023.54 | 70.74 | $100.95B | 1.87% | 5.10% | 10.06% | 16.33% | 16.02% |
| 5 | AMT American Tower Corporation SPX | 168.83 | 27.23 | $78.66B | 3.73% | 7.82% | 29.95% | 3.34% | 12.73% |
| 6 | SPG Simon Property Group, Inc. SPX | 221.28 | 15.38 | $71.76B | 4.02% | - | 113.59% | 3.14% | 14.02% |
| 7 | DLR Digital Realty Trust, Inc. SPX | 173.11 | 45.80 | $60.83B | 2.65% | - | 5.69% | 15.18% | 18.41% |
| 8 | O Realty Income Corporation SPX | 63.77 | 52.27 | $59.47B | 5.18% | - | 2.83% | 24.73% | 13.04% |
| 9 | PSA Public Storage SPX | 318.93 | 32.95 | $55.99B | 3.68% | - | 20.18% | 5.67% | 7.85% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 89.84M | 52.36M | 102.50M | 108.14M | 143.12M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | 28.68M | - | 17.14M | 16.80M | 23.45M | - | 20.42M | 12.29M | 27.24M | - | 32.01M | 28.74M | 33.99M | - | 44.42M | 21.86M | 41.08M | - | -588.81M | 118.86M | 102.63M | - | 50.87M | 51.63M | 52.40M | -88.74M | -90.73M | -118.22M | 14.18M | -30.84M | -93.93M | -80.17M | -23.74M | - | - | - | - | - | - | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 96.64M | 104.45M | 124.05M | 127.51M | 123.65M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 37.71M | 4.28M | 39.49M | 56.32M | 86.72M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 648.00K | -161.00K | -298.00K | -44.00K | 159.00K |
| Net Income | 25.63M | 4.21M | 16.95M | 14.44M | 23.27M | 12.90M | 19.18M | 14.34M | 27.84M | 30.62M | 29.62M | 29.69M | 33.97M | 9.60M | 44.14M | 22.73M | 41.38M | 65.48M | -588.38M | 117.81M | 101.64M | 80.42M | 52.21M | 53.24M | 51.58M | -73.85M | -71.90M | -115.28M | 20.86M | -26.93M | -84.51M | -57.90M | -15.59M | - | - | 42.16M | 8.55M | 44.82M | 53.53M | 48.60M |
| Diluted EPS | 0.20 | 0.01 | 0.13 | 0.10 | 0.18 | 0.09 | 0.14 | 0.10 | 0.21 | 0.21 | 0.20 | 0.20 | 0.20 | 0.02 | 0.21 | 0.08 | 0.15 | 0.20 | -1.71 | 0.28 | 0.23 | 0.18 | 0.11 | 0.11 | 0.10 | -0.89 | -0.86 | -1.33 | 0.11 | -0.41 | -1.04 | -0.75 | -0.29 | - | - | 0.33 | -0.04 | 0.36 | 0.45 | 0.40 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | 8.69M | 304.58M | 238.90M | 352.88M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | - | - | - | - | - | - | - | 91.92M | 103.74M | 172.48M | -287.26M | - | - | - | - | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | 129.42M | 192.13M | 317.43M | 452.65M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | -340.11M | -77.72M | -92.92M | 137.80M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | 542.00K | 75.00K | 1.04M | 145.00K |
| Net Income | 6.80M | 4.78M | 28.28M | 65.39M | 136.19M | 78.01M | 67.55M | 91.98M | 102.89M | 173.74M | -288.51M | - | -298.61M | -48.66M | -62.03M | 149.05M |
| Diluted EPS | 0.72 | 0.46 | 1.08 | 1.11 | 1.48 | 0.62 | 0.50 | 0.66 | 0.61 | 0.64 | -0.89 | - | -3.60 | -0.99 | -1.14 | 1.10 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Jan 2020 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | 374.29M | 682.71M | 7.16B | 9.90B | 10.54B | 9.06B | 8.95B | 12.06B | 14.74B | 23.48B | 502.03M | 4.66B | - | 6.24B | 7.40B | 9.22B | 12.64B |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash & Equivalents | 24.52M | 19.38M | 16.59M | 31.78M | 31.80M | 75.60M | 61.96M | 83.55M | 95.19M | 103.72M | 118.76M | - | 293.18M | - | 244.72M | 187.11M | 167.42M | 210.33M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 34.07M | 37.31M | 62.08M | 76.15M |
| Total Liabilities | - | 305.81M | 596.40M | 6.84B | 9.42B | 9.72B | 8.18B | 8.10B | 11.08B | 13.56B | 21.28B | - | 2.35B | - | 4.38B | 5.77B | 7.81B | 11.21B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Long Term Debt | - | - | - | - | - | - | - | - | 240.37M | 214.28M | 223.62M | - | 220.03M | - | 2.64B | 2.80B | 3.55B | 4.25B |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.65B | 2.81B | 3.56B | 4.25B |
| Total Equity | 62.99M | 68.49M | 85.28M | 322.01M | 480.67M | 817.93M | 880.53M | 848.08M | 971.87M | 1.18B | 2.21B | -136.58M | 2.30B | - | 1.77B | 1.58B | 1.39B | 1.43B |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 91.19M | 90.68M | 90.57M | 90.30M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -305.00K | 13.41M | 29.09M | 53.30M | 37.55M | 36.34M | 53.84M | 29.33M | 24.18M | 35.10M | 110.75M | - | 91.78M | 29.95M | 14.07M | 134.04M |
| Investing Cash Flow | 119.68M | -95.29M | -1.07B | -152.29M | -125.02M | 250.52M | 68.86M | -439.94M | -642.47M | -769.07M | 2.12B | - | -508.77M | -1.22B | -2.24B | -2.90B |
| Financing Cash Flow | -124.53M | 79.09M | 1.05B | 99.00M | 131.26M | -333.94M | -65.91M | 377.28M | 621.25M | 746.43M | -2.05B | - | 460.07M | 1.14B | 2.23B | 2.78B |
| Capital Expenditure | - | - | - | - | - | - | -0 | -296.00K | -457.00K | -128.00K | -206.00K | - | - | - | -9.47M | - |
| Free Cash Flow | - | - | - | - | - | - | 53.84M | 29.04M | 23.72M | 34.97M | 110.55M | - | 91.78M | 29.95M | 4.60M | 134.04M |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | - | 43.08M | -50.30M | -1.62M | 13.35M |
| Share Buybacks | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 44.40M | 8.62M | 3.49M | 1.50M |
| Dividends Paid | 8.10M | 8.27M | 22.30M | - | - | - | - | - | - | - | - | - | - | - | - | - |
Ratios (Annual)
Figures in %.
| Metric | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Margin % | - | - | - | - | - | - | - | - | - | - | - | - | -3,435.8% | -16.0% | -26.0% | 42.2% |
| ROE % | 9.9% | 5.6% | 8.8% | 13.6% | 16.7% | 8.9% | 8.0% | 9.5% | 8.7% | 7.9% | -12.5% | - | -16.9% | -3.1% | -4.4% | 10.4% |
| ROCE % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for ADAM
Adamas Trust 2026 Second Quarter Conference Call Scheduled for Thursday, July 30, 2026
NEW YORK, July 14, 2026 (GLOBE NEWSWIRE) -- Adamas Trust, Inc. (Nasdaq: ADAM) (the “Company”) is scheduled to report financial results for the three and six months ended June 30, 2026 after the close of market on July 29, 2026. Adamas Trust…
Is Adamas Trust, Inc. (ADAM) Outperforming Other Finance Stocks This Year?
Here is how Adamas Trust (ADAM) and Banco Bilbao (BBVA) have performed compared to their sector so far this year.
Adamas Trust Declares Second Quarter 2026 Common Stock Dividend of $0.27 Per Share, and Preferred Stock Dividends
NEW YORK, June 11, 2026 (GLOBE NEWSWIRE) -- Adamas Trust, Inc. (Nasdaq: ADAM) (the “Company” or “Adamas”) announced today that its Board of Directors (the “Board”) declared a regular quarterly cash dividend of $0.27 per share on shares of i…
How The Adamas Trust (ADAM) Narrative Is Shifting As Growth Concerns Meet Margin Optimism
Adamas Trust’s updated analyst narrative centers on a modest shift in the target fair value, which has moved from US$11.42 to US$11.79 per share. Bulls point to this revised target as a sign that recent work reflects a more precise view of …
Are Finance Stocks Lagging Adamas Trust, Inc. (ADAM) This Year?
Here is how Adamas Trust (ADAM) and Bankwell Financial Group, Inc. (BWFG) have performed compared to their sector so far this year.
How The Adamas Trust (ADAM) Narrative Is Shifting On Margins, Growth And Valuation
Adamas Trust's updated target fair value now sits at US$11.79 per share, compared with the prior US$11.42. This gives you a fresh reference point for what analysts think the stock may be worth today. Behind that shift, bulls tend to see a m…
ADAM — Frequently Asked Questions
What is the current share price of Adamas Trust, Inc. (ADAM)?
As of 2026-07-14 21:23 PDT, Adamas Trust, Inc. (ADAM) trades at $9.15 on NasdaqGS. Its 52-week range is $5.58 to $9.51.
What is the market capitalisation of ADAM?
Adamas Trust, Inc. (ADAM) has a market capitalisation of $822.23M on NasdaqGS.
What is the P/E ratio of ADAM?
ADAM trades at a trailing price-to-earnings (P/E) ratio of 7.82. The industry average P/E is 27.36. Its price-to-book (P/B) ratio is 0.91.
Does ADAM pay a dividend?
Adamas Trust, Inc. (ADAM) currently offers a dividend yield of 10.31%.
What is the return on equity (ROE) of ADAM?
ADAM has a return on equity (ROE) of 13.01%.
Is ADAM a good stock to buy?
This page provides a data-driven analysis of Adamas Trust, Inc. (ADAM), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.