NASDAQ · REIT - Mortgage · USD

Adamas Trust, Inc. (ADAMZ) Stock Analysis

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

ADAMZ

$18.37

+$0.22 (+1.21%)

Sep 4, 2026 · Market close

Compare

Price History

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

Compare ADAMZ with… →

ADAMZ Key Statistics

As of Sep 4, 2026

Trading

Open: $18.15
Previous Close: $18.15
Day's Range: 18.06–18.39
52-Week Range: 17.25–21.72
Volume: 8.40K
Beta: 1.25

Financials (FY)

Revenue (FY): $352.88M+47.71%
Net Income (FY): $149.05M
Profit margin: 52.96%
1-Year Return: +11.79%

Dividend and dates

Dividend: $1.75+9.64%
Ex-Dividend Date: July 1, 2026
Avg Volume: 8.93K

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

ADAMZ Stock Return by Calendar Year

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

+2.29%−32.21%+27.08%+17.27%+12.89%−0.21%

2021*20222023202420252026*

Year	Return
2026 (partial year)	−0.21%
2025	+12.89%
2024	+17.27%
2023	+27.08%
2022	−32.21%
2021 (partial year)	+2.29%

As of September 4, 2026.

ADAMZ Revenue and Earnings by Fiscal Year

FY ends December

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	$352.88M	$149.05M	42.2%
2024	$238.90M	−$62.03M	−26.0%
2023	$304.58M	−$48.67M	−16.0%
2022	$8.69M	−$298.61M	−3435.8%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	$352.88M	—	—	$149.05M	42.2%
2024	$238.90M	—	—	−$62.03M	−26.0%
2023	$304.58M	—	—	−$48.67M	−16.0%
2022	$8.69M	—	—	−$298.61M	−3435.8%

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

ADAMZ Dividend History

’21’22’23’24’25’26*

$1.75+0.0% vs 2024

Dividends per share, 2025 · 4 payments

Year	Dividends per share	Payments	Change
2026*	$0.88	2	—
2025	$1.75	4	+0.0%
2024	$1.75	4	+0.0%
2023	$1.75	4	+0.0%

Year	Dividends per share	Payments	Change
2026 (partial year)	$0.88	2	—
2025	$1.75	4	+0.0%
2024	$1.75	4	+0.0%
2023	$1.75	4	+0.0%
2022	$1.75	4	+606.5%
2021	$0.25	1	—

Most recent payment: $0.44 per share, ex-dividend July 1, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

ADAMZ Valuation vs REIT - Mortgage Median

Median of 49 stocks

Metric	ADAMZ	REIT - Mortgage median	vs median
Profit margin	52.96%	48.95%	4.0 pts above

Medians across 49 REIT - Mortgage stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Recent News

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

Analysis

Data-derived

Company Overview

The record here covers Adamas Trust, Inc., ticker ADAMZ. It is classified in the REIT - Mortgage industry, within the Real Estate sector. The company reports 221 employees.

The 52-week range on file runs from $17.25 to $21.72. The most recent close on file for ADAMZ is $18.37, dated September 4, 2026. That is +$0.22 (+1.21%) against the previous close. The latest close sits 6.49% above that 52-week low.

Financial Health

In fiscal 2025, Adamas Trust, Inc. reported revenue of $352.88M. That is +47.71% against the prior fiscal year, when revenue was $238.90M. Net income for the same year was $149.05M. The reported profit margin is 52.96%. That is 4 percentage points above the REIT - Mortgage median of 48.95%.

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

The reported beta is 1.26. Annualized volatility over the trailing 4 years is 19.8%. Over the trailing twelve months the price has returned +11.79%. Measured over 3 years, that is +11.18% a year compounded.

Growth & Income

The trailing dividend yield is 9.64%. That is 3.5 percentage points below the REIT - Mortgage median yield of 13.14%. The indicated annual rate is $1.75 a share. The ex-dividend date on file is July 1, 2026. Dividends are recorded for 6 calendar years; 2026 shows 2 payments totalling $0.88 a share. The year before, 2025, totalled $1.75 a share.

The strongest complete calendar year on file is 2023 at +27.08%; the weakest is 2022 at −32.21%. Of the 4 complete calendar years on file, 3 finished higher. So far in 2026 the price is −0.21%.

Peer Comparison

Adamas Trust, Inc. (ADAMZ) 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.	ADAMZ	—	—
Annaly Capital Management, Inc.	NLY	$17.19B	5.5
AGNC Investment Corp.	AGNC	$12.63B	5.3
Starwood Property Trust, Inc.	STWD	$6.11B	26.8

The REIT - Mortgage industry average P/E ratio is 8.7x. Adamas Trust, Inc. has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

Related REIT - Mortgage Stocks

NLY

Annaly Capital Management, Inc.

$17.19B

AGNC

AGNC Investment Corp.

$12.63B

STWD

Starwood Property Trust, Inc.

$6.11B

RITM

Rithm Capital Corp.

$5.63B

Dynex Capital, Inc.

$3.20B

BXMT

Blackstone Mortgage Trust, Inc.

$2.39B

View all REIT - Mortgage stocks →

Popular Real Estate Stocks

WELL

Welltower Inc.

$170.18B

PLD

Prologis, Inc.

$133.51B

EQIX

Equinix, Inc.

$102.22B

AMT

American Tower Corporation

$81.94B

SPG

Simon Property Group, Inc.

$79.51B

View all Real Estate stocks →

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.

Visit website →