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StockVS

NASDAQ · REIT - Mortgage · USD

Adamas Trust, Inc. (ADAM) Stock Analysis

Adamas Trust, Inc. (ADAM) is a REIT - Mortgage stock listed on NASDAQ and quoted in US Dollar.

Last Updated: October 21, 2026

ADAM

$7.44

−$0.09 (−1.20%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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ADAM Key Statistics

As of Oct 21, 2026
Trading
Open
$7.61
Previous Close
$7.53
Day's Range
7.42–7.62
52-Week Range
6.45–10.36
Volume
798.09K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
1.30
Valuation
Market Cap
$668.71M
P/E Ratio
4.43
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
5.99
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
2.50
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
1.75
EPS (ttm)Profit attributable to each share over the last twelve months.
1.68
Financials (FY)
Revenue (FY)
$352.88M+47.71%
Net Income (FY)
$149.05M
Profit marginThe share of revenue left as profit after all costs and taxes.
52.96%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
89.88M
1-Year Return
+18.83%
Dividend and dates
Dividend
$1.20+15.94%
Ex-Dividend Date
September 22, 2026
Earnings Date
October 28, 2026
Avg Volume
1.02M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, ADAM closed at $7.44, +18.83% over 1 year.

Adamas Trust, Inc. (ADAM) has a market capitalization of $668.71M.

In fiscal 2025, ADAM reported revenue of $352.88M.

ADAM Stock Return by Calendar Year

Adamas Trust, Inc. (ADAM) 10-year return: what $10,000 became

1 year
$10,000 $11,883
+18.83%
5 years
$10,000 $7,686
−23.14%
10 years
$10,000 $9,965
−0.35%

If you had invested $10,000 in Adamas Trust, Inc. (ADAM) 10 years ago, at the close on October 21, 2016, it would have been worth $9,965 at the close on October 21, 2026: −0.35% in total, −0.04% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+8.54%
2025+36.49%
2024−19.27%
2023−5.45%
2022−20.80%
2021+10.70%
2020−36.23%
2019+20.32%
2018+8.95%
2017+6.02%
2016 (partial year)+12.21%

As of October 21, 2026.

ADAM Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$352.88M$149.05M42.2%
2024$238.90M−$62.03M−26.0%
2023$304.58M−$48.67M−16.0%
2022$8.69M−$298.61M−3,435.8%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$352.88M——$149.05M42.2%
2024$238.90M——−$62.03M−26.0%
2023$304.58M——−$48.67M−16.0%
2022$8.69M——−$298.61M−3,435.8%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

ADAM Dividend History

$0.86+7.5% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*$0.502—
2025$0.864+7.5%
2024$0.804−33.3%
2023$1.204−25.0%
YearDividends per sharePaymentsChange
2026 (partial year)$0.502—
2025$0.864+7.5%
2024$0.804−33.3%
2023$1.204−25.0%
2022$1.604+0.0%
2021$1.604+77.8%
2020$0.903−71.9%
2019$3.204+0.0%
2018$3.204+0.0%
2017$3.204+233.3%
2016$0.961—

Most recent payment: $0.25 per share, ex-dividend June 23, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

ADAM Valuation vs REIT - Mortgage Median

Median of 38 stocks
MetricADAMREIT - Mortgage medianvs median
P/E4.437.5641% below
P/S ratio1.753.7053% below
Profit margin52.96%38.64%14.3 pts above

Medians across 38 REIT - Mortgage stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

The market values Adamas Trust, Inc. (ADAM) at $668.71M. The company sits in the Real Estate sector, in the REIT - Mortgage industry. The company reports 221 employees.

The most recent close on file for ADAM is $7.44, dated October 21, 2026. That is −$0.09 (−1.20%) against the previous close. The 52-week range on file runs from $6.45 to $10.36. The latest close sits 15.35% above that 52-week low.

Financial Health

In fiscal 2025, Adamas Trust, Inc. reported revenue of $352.88M. Against the prior fiscal year total of $238.90M, that is a change of +47.71%. The same year closed with net income of $149.05M. The reported profit margin is 52.96%. That is 14.3 percentage points above the REIT - Mortgage median of 38.64%. Trailing earnings per share are 1.68.

Across the 4 fiscal years on file, revenue moves from $8.69M in 2022 to $352.88M in 2025. Of those 4 years, 1 report positive net income.

Valuation Assessment

ADAM trades at a trailing price-to-earnings ratio of 4.43. That is 41.44% below the REIT - Mortgage median of 7.56. On forward earnings the ratio is 5.99. The PEG ratio, which sets the P/E against expected earnings growth, reads 2.5. The price-to-sales ratio is 1.75. On price-to-sales that is 52.59% below the REIT - Mortgage median of 3.7. 38 REIT - Mortgage companies report these metrics, and the medians quoted come from that group.

Beta against the wider market is reported at 1.3. Annualized volatility over the trailing 10 years is 48.36%. Over the trailing twelve months the total return is +18.83%. Measured over 10 years, that is −0.04% a year compounded.

Growth & Income

Shareholders receive a dividend, yielding 15.94% on the latest price. That is 0.5 percentage points below the REIT - Mortgage median yield of 16.4%. The indicated annual rate is $1.20 a share. The ex-dividend date on file is September 22, 2026. Dividends are recorded for 11 calendar years; 2026 shows 2 payments totalling $0.50 a share. The year before, 2025, totalled $0.86 a share.

2026 is still running; the total return is +8.54% year to date. The strongest complete calendar year on file is 2025 at +36.49%; the weakest is 2020 at −36.23%. Of the 9 complete calendar years on file, 5 finished higher.

Peer Comparison

Adamas Trust, Inc. (ADAM) operates in the REIT - Mortgage industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Adamas Trust, Inc. ADAM $668.71M 4.4
Annaly Capital Management, Inc. NLY $13.57B 4.4
AGNC Investment Corp. AGNC $10.41B —
Rithm Capital Corp. RITM $4.77B 14.3

The REIT - Mortgage industry average P/E ratio is 7.6x. Adamas Trust, Inc. trades at a P/E of 4.4.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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 STWD

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About Adamas Trust, Inc.

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.

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