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
Generates a return on equity of 16.4%, reflecting efficient use of shareholder capital.
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 5.8, below the sector median of 24.4.
Maintains a net profit margin of 53.0%.
Offers a dividend yield of 11.86%.
Recent Developments
- Dec 2025 Revenue of $352.88M (+47.7% YoY); net profit $149.05M.
- Trailing 12 Months Year-on-year growth — revenue +129.8%, 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: | 129.80% |
Compounded Profit Growth
| 5 Years: | 49.97% |
| 1 Year: | 21.20% |
Stock Price Performance
| 1 Year: | +55.58% |
| 6 Months: | +29.96% |
| 3 Months: | +11.96% |
| 1 Month: | +2.42% |
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)53.21 · Neutral
P/E of 5.80 is below the sector median of 24.38 — 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 53.0%.
- Compounding revenue at 243.7% over 5 years.
- Profit CAGR of 50.0% over 5 years.
- Attractive dividend yield of 11.86%.
- 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. R2KR3K | 9.75 | 5.80 | $876.33M | 11.86% | - | 16.44% | 243.71% | 49.97% |
| 2 | WELL Welltower Inc. SPXR3K | 236.17 | 106.38 | $170.18B | 1.44% | 0.54% | 3.84% | 22.26% | 11.10% |
| 3 | PLD Prologis, Inc. SPXR3K | 137.34 | 30.59 | $130.52B | 3.08% | - | 7.75% | 16.83% | 39.42% |
| 4 | EQIX Equinix, Inc. SPXR3K | 1,035.98 | 66.49 | $102.22B | 1.96% | 5.42% | 10.73% | 17.43% | 17.11% |
| 5 | AMT American Tower Corporation SPXR3K | 175.85 | 28.36 | $81.94B | 4.08% | 8.76% | 33.91% | 12.41% | 25.08% |
| 6 | DLR Digital Realty Trust, Inc. SPXR3K | 188.39 | 241.53 | $69.71B | 2.44% | - | 2.91% | 15.18% | 18.41% |
| 7 | SPG Simon Property Group, Inc. SPXR3K | 209.44 | 14.57 | $67.92B | 3.97% | - | 113.59% | 3.14% | 14.02% |
| 8 | O Realty Income Corporation SPXR3K | 61.25 | 44.71 | $57.95B | 5.21% | - | 3.23% | 24.73% | 13.04% |
| 9 | PSA Public Storage SPXR3K | 302.01 | 28.74 | $56.40B | 3.67% | - | 21.93% | 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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 15.17% | 13.63M | $133.59M |
| 2 | Vanguard Capital Management LLC | 4.06% | 3.65M | $35.73M |
| 3 | State Street Corporation | 3.85% | 3.46M | $33.90M |
| 4 | Invesco Ltd. | 3.52% | 3.16M | $30.99M |
| 5 | Mirae Asset Global ETFs Holdings Ltd. | 2.90% | 2.61M | $25.58M |
| 6 | Geode Capital Management, LLC | 2.53% | 2.28M | $22.32M |
| 7 | Allspring Global Investments Holdings, LLC | 2.41% | 2.16M | $21.21M |
| 8 | Vanguard Portfolio Management LLC | 1.93% | 1.74M | $17.04M |
| 9 | Charles Schwab Investment Management, Inc. | 1.63% | 1.46M | $14.32M |
| 10 | Northern Trust Corporation | 1.28% | 1.15M | $11.26M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for ADAM
Are Finance Stocks Lagging Adamas Trust, Inc. (ADAM) This Year?
Here is how Adamas Trust (ADAM) and Interactive Brokers Group, Inc. (IBKR) have performed compared to their sector so far this year.
Adamas Trust, Inc. Announces Pricing of Public Offering of Senior Notes
NEW YORK, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Adamas Trust, Inc. (Nasdaq: ADAM) (the “Company”) announced today the pricing of an underwritten public offering of $90 million aggregate principal amount of its 9.600% senior notes due 2031 (the …
Adamas Trust Increases Quarterly Common Stock Dividend by 11.1% to $0.30 Per Share
NEW YORK, Aug. 11, 2026 (GLOBE NEWSWIRE) -- Adamas Trust, Inc. (Nasdaq: ADAM) (the “Company” or “Adamas”) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.30 per share on shares of its common stoc…
Is the Options Market Predicting a Spike in Adamas Trust Stock?
Investors need to pay close attention to ADAM stock based on the movements in the options market lately.
Adamas Trust (ADAM) Upgraded to Strong Buy: What Does It Mean for the Stock?
Adamas Trust (ADAM) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
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.
ADAM — Frequently Asked Questions
What is the current share price of Adamas Trust, Inc. (ADAM)?
As of 2026-09-07 16:24 PDT, Adamas Trust, Inc. (ADAM) trades at $9.75 on NasdaqGS. Its 52-week range is $5.99 to $10.23.
What is the market capitalisation of ADAM?
Adamas Trust, Inc. (ADAM) has a market capitalisation of $876.33M on NasdaqGS.
What is the P/E ratio of ADAM?
ADAM trades at a trailing price-to-earnings (P/E) ratio of 5.80. The industry average P/E is 24.38. Its price-to-book (P/B) ratio is 0.98.
Does ADAM pay a dividend?
Adamas Trust, Inc. (ADAM) currently offers a dividend yield of 11.86%.
What is the return on equity (ROE) of ADAM?
ADAM has a return on equity (ROE) of 16.44%.
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.