Adamas Trust/$ADAM
1D1W1MYTD1Y5YMAX
Capital at risk
About Adamas Trust
Adamas Trust Inc is an internally-managed REIT for U.S. federal income tax purposes, in the business of acquiring, investing in, financing, and managing mainly mortgage-related single-family and multi-family residential assets. Its objective is to deliver long-term stable distributions to its stockholders over changing economic conditions through a combination of net interest spread and capital gains from a diversified investment portfolio. The company's investment portfolio includes credit-sensitive single-family and multi-family assets.
- Ticker
- $ADAM
- Sector
- Real Estate
- Primary listing
- NASDAQ
- Employees
- 221
- Headquarters
- New York, United States
- Website
- www.adamasreit.com
Adamas Trust Metrics
BasicAdvanced
$806M
5.34
$1.68
1.26
$0.96
12.04%
Price and volume
Market cap
$806M
Beta
1.26
52-week high
$10.36
52-week low
$6.45
Average daily volume
805K
Dividend rate
$0.96
Financial strength
Current ratio
0.844
Quick ratio
0.818
Long term debt to equity
3.452
Total debt to equity
7.688
Dividend payout ratio (TTM)
63.75%
Profitability
Gross margin (TTM)
81.15%
Net profit margin (TTM)
46.81%
Operating margin (TTM)
53.60%
Effective tax rate (TTM)
-0.07%
Revenue per employee (TTM)
$1,950,000
Management effectiveness
Return on assets (TTM)
2.01%
Return on equity (TTM)
16.44%
Valuation
Price to earnings (TTM)
5.344
Price to revenue (TTM)
2.122
Price to book
0.87
Price to tangible book (TTM)
0.89
Price to free cash flow (TTM)
7.335
Free cash flow yield (TTM)
13.63%
Free cash flow per share (TTM)
1.223
Dividend yield (TTM)
10.70%
Forward dividend yield
12.04%
Growth
Revenue change (TTM)
86.22%
Earnings per share change (TTM)
774.12%
3-year revenue growth (CAGR)
105.66%
10-year revenue growth (CAGR)
13.71%
3-year earnings per share growth (CAGR)
-8.23%
10-year earnings per share growth (CAGR)
-0.51%
3-year dividend per share growth (CAGR)
-13.82%
10-year dividend per share growth (CAGR)
-12.94%
Bulls say / Bears say
Q2 2026 earnings available for distribution rose 36.4% year over year to $0.30 per common share, while total net interest income increased 3.7% sequentially to $50.2 million, indicating continued earnings momentum. (GlobeNewswire)
Book value per share increased 1.8% sequentially to $10.16 in Q2, marking the company’s fourth consecutive quarter of book-value growth; adjusted book value per share rose 2.3% to $11.05. (SEC)
The board raised the quarterly common dividend 11.1% to $0.30 per share for Q3 2026, following a Q2 increase to $0.27, supporting the stock’s income appeal and signaling management’s confidence in recurring earnings and capital access. (GlobeNewswire)
Adamas remains highly levered for a mortgage REIT: Q2 2026 company recourse leverage was 5.5x and portfolio recourse leverage was 5.2x, leaving book value and earnings sensitive to funding costs, collateral declines and margin calls. (SEC)
The company priced $90 million of senior notes at a steep 9.600% coupon due 2031, which adds expensive fixed financing costs and could pressure earnings if asset yields or net interest spreads weaken. (GlobeNewswire)
Adamas is expanding its credit-sensitive residential exposure, including $632 million of business-purpose loans acquired in Q2 and a $2.3 billion BPL-Rental portfolio; management specifically flags risks from defaults, delinquencies, vacancies, lower recoveries, credit spreads and interest-rate volatility. (GlobeNewswire)
Data summarised monthly by Lightyear AI. Last updated on 10 Sept 2026.
Upcoming events
Funds containing Adamas Trust
AllUSDGBPEUR
Fund name | Fund size | $ADAM weighting |
|---|---|---|
iShares S&P SmallCap 600$IDP6 | $3.2B | 0.04% |
iShares S&P Small Cap 600£ISP6 | £2.4B | 0.04% |
SPDR Russell 2000 US Small Cap€R2US | €4.8B | 0.03% |
iShares MSCI USA Small Cap ESG Enhanced CTB€SXRG | €2.8B | 0.02% |
iShares MSCI USA Small Cap CTB Enhanced ESG£CUS1 | £2.4B | 0.02% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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