Adamas Trust, Inc. ADAM
- Market cap
- $731.6M
- P/E
- 4.8×
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Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 15.28 | 23.60 | 21.40 | 23.20 | 3.92 | 14.04 | 8.28 | 7.23 | 5.14 | 5.01 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
||
| 28.16 | 27.40 | 26.16 | 25.88 | 25.64 | 19.72 | 15.56 | 12.96 | 8.61 | 7.75 |
High Price
|
|||
| 19 | 19 | 36 | 55 | 56 | 65 | 74 | 79 | 70 | 221 |
Employees
|
|||
| 17 | 19 | 13 | 13 | 6 | 3 | 3 | 3 | 6 | 3 |
Revenue/Emp
|
|||
| 319 | 366 | 456 | 695 | 350 | 207 | 258 | 259 | 401 | 602 |
Revenue
|
|||
| 20.24% | 18.53% | 17.27% | 18.41% | 36.30% | 61.67% | 49.91% | 25.72% | 20.90% | 24.80% |
Gross Margin
|
|||
| 71 | 92 | 104 | 172 | (287) | 191 | (340) | (78) | (93) | 138 |
EBT
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| 22.13% | 25.11% | 22.76% | 24.83% | (82.04%) | 92.30% | (131.63%) | (30.05%) | (23.16%) | 22.89% |
EBT Margin
|
|||
| 68 | 89 | 105 | 173 | (288) | 188 | (341) | (78) | (94) | 138 |
Net Income
|
|||
| 8 | 0 | (29) | (56) | 15 | 51 | 153 | 52 | 60 | 40 |
Depreciation
|
|||
| 11.65 | 13.09 | 14.33 | 12.55 | 3.78 | 2.18 | 2.74 | 2.84 | 4.42 | 6.66 |
Revenue/Sh
|
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| 2.00 | 2.72 | 2.48 | 2.60 | (3.56) | 1.52 | (3.60) | (0.99) | (1.14) | 1.12 |
Earnings/Sh
|
|||
| 1.97 | 1.05 | 0.76 | 0.63 | 1.19 | 1.47 | 0.97 | 0.33 | 0.15 | 1.48 |
Cash Flow/Sh
|
|||
| 0.08 | (0.01) | (0.01) | 0.09 | 0.06 | (0.11) | (1.08) | 1.89 | 1.46 | 2.14 |
Capex/Sh
|
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| 2.04 | 1.04 | 0.75 | 0.72 | 1.25 | 1.36 | (0.11) | 2.21 | 1.61 | 3.62 |
Free CF/Sh
|
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| 31.07 | 34.91 | 37.10 | 39.84 | 24.88 | 24.95 | 19.09 | 17.58 | 15.40 | 15.79 |
Book Value/Sh
|
|||
| 27 | 28 | 32 | 55 | 93 | 95 | 94 | 91 | 91 | 90 |
Shares
|
|||
| 13.26 | 8.99 | 9.06 | 9.58 | 0.00 | 9.79 | 0.00 | 0.00 | 0.00 | 6.58 |
PE Ratio
|
|||
| 2.28 | 1.87 | 1.64 | 1.99 | 3.91 | 6.82 | 3.84 | 2.94 | 1.37 | 1.10 |
PS Ratio
|
|||
| 1.05 | 1.00 | 0.84 | 0.81 | 0.76 | 0.77 | 0.79 | 0.71 | 0.64 | 0.74 |
PB Ratio
|
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| 26.71 | 31.49 | 30.87 | 32.19 | 9.38 | 16.81 | 14.43 | 19.55 | 18.88 | 18.47 |
EV/Sales
|
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| 158.40 | 397.06 | 593.20 | 561.20 | 27.94 | 26.98 | (372.00) | 25.08 | 51.68 | 33.98 |
EV/FCF
|
|||
| 54 | 29 | 24 | 35 | 111 | 139 | 92 | 30 | 14 | 134 |
Op' Cash Flow
|
|||
| 2 | 0 | 0 | 5 | 6 | (10) | (102) | 172 | 133 | 193 |
Capex
|
|||
| 56 | 29 | 24 | 40 | 116 | 129 | (10) | 202 | 147 | 327 |
FCF
|
|||
| 7,712 | 10,214 | 12,789 | 20,900 | 3,469 | 3,276 | 3,463 | 2,583 | 3,729 | 4,373 |
Working Cap'
|
|||
| 7,886 | 10,941 | 13,425 | 21,101 | 2,210 | 2,356 | 2,982 | 4,485 | 7,195 | 10,671 |
Total Debt
|
|||
| 7,802 | 10,846 | 13,321 | 20,982 | 1,916 | 2,066 | 2,737 | 4,298 | 7,027 | 10,460 |
Net Debt
|
|||
| 851 | 976 | 1,180 | 2,205 | 2,308 | 2,365 | 1,800 | 1,600 | 1,399 | 1,427 |
Sh' Equity
|
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| 0.61% | 0.73% | 0.59% | 0.76% | (2.34%) | 2.80% | (5.72%) | (1.32%) | (1.25%) | 0.93% |
ROA
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| 0.51% | 0.49% | 0.45% | 0.46% | (3.88%) | 2.69% | (4.65%) | 0.13% | (0.33%) | 0.78% |
ROIC
|
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| 7.73% | 11.08% | 10.04% | 11.18% | (18.82%) | 7.94% | (22.05%) | (7.74%) | (10.77%) | 11.55% |
ROE
|
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Adamas Trust, Inc. peers in Reit Mortgage
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| PMT PennyMac Mortgage Investment Trust | $736.9M | 5.9× | Compare |
| ABR Arbor Realty Trust | $766.6M | 57.6× | Compare |
| IVR INVESCO MORTGAGE CAPITAL INC | $693.2M | 4.3× | Compare |
| ARI Apollo Commercial Real Estate Finance | $804.7M | 7.8× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| MFA MFA Financial, Inc. | $824.9M | 8.0× | Compare |
| CIM Chimera Investment Corporation | $882.3M | 0.0× | Compare |
| FBRT Franklin BSP Realty Trust, Inc. | $606.2M | 15.8× | Compare |
| BRSP BrightSpire Capital, Inc. | $517.5M | 0.0× | Compare |
Adamas Trust, Inc. (ADAM) key facts
- Adamas Trust, Inc. (ADAM) is a Reit Mortgage company in the Real Estate sector, listed on Nasdaq.
- Adamas Trust, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $601.9 million, up 50.0% from fiscal 2024.
- As of September 25, 2026, ADAM traded at $8.14, a market capitalization of $731.6 million.
- Adamas Trust, Inc. pays an annual dividend of $1.20 per share, a yield of 17.2%.
- Return on equity was 11.6% and debt-to-equity 7.51.
Adamas Trust, Inc. (ADAM) Latest News
22 Sep
Adamas Trust Inc (ADAM) declared a quarterly dividend of $0.30 per share, with an ex-dividend date of Sept. 22, 2026 and a payment date of Oct. 28, 2026. The mortgage REIT focuses on credit-sensitive residential loans, earning mainly from net interest spread and asset sales. GuruFocus shows a trailing yield around 10.7% and a forward yield near 13.5%, signaling a high payout. Dividend growth has been negative over 3-, 5-, and 10-year periods, while the June 30, 2026 payout ratio stands at 0.84. Profitability and growth ranks are weak (2/10), suggesting sustainability concerns despite robust revenue growth. Although the headline yield is attractive, earnings stability and distribution sustainability risks exist, requiring caution for income-focused investors. High current yield is offset by poor profitability, negative dividend growth, and a high payout ratio, limiting long-term sustainability.
11 Aug
Adamas Trust, Inc. (ADAM) increased its quarterly common stock dividend by 11.1% to $0.30 per share. Dividend increase signals stronger financial capacity with moderate effect on investor sentiment and near-term stock performance.
30 Jul
Adamas Trust Inc posted record EAD growth for Q2 2026 during its earnings call while advancing strategic initiatives. Record EAD growth combined with strategic moves signals major positive shift in financial trajectory and investor outlook.
New York Mortgage Trust, Inc. (NYMT) reported its Q2 earnings, surpassing analysts' expectations. The company attributed its strong performance to effective asset management and favorable market conditions. NYMT's earnings per share exceeded forecasts, reflecting improved operational efficiency and strategic investments. The positive results have bolstered investor confidence and may influence future market performance. Surpassing earnings estimates indicates significant operational effectiveness and could positively impact investor sentiment and future performance.
29 Jul
Adamas Trust, Inc. reported second quarter 2026 results with book value growth for the fourth consecutive quarter. Ongoing book value growth in quarterly results points to steady financial improvement with moderate effects on market views.
6 Jun
Adamas Trust faces a shifting narrative as growth concerns clash with margin optimism, influencing investor views on future performance and market positioning. Growth concerns balanced against margin optimism point to moderate effects on ADAM's financial outlook and positioning.
22 May
Adamas Trust margins are contracting while growth slows, forcing investors to reassess the company's valuation amid shifting market expectations. Narrative changes around margins and growth alter investor sentiment and near-term stock pricing without triggering major operational shifts.
30 Apr
Adamas Trust (ADAM) Q1 2026 earnings call transcript details quarterly financial results, management discussion, and forward-looking guidance. Q1 earnings transcript discloses financial performance, operational updates, and guidance that significantly shape investor sentiment and stock trajectory.
Adamas Trust, Inc. (ADAM) released Q1 2026 earnings call summary detailing financial results and outlook. Q1 2026 earnings call summary impacts financial performance and investor sentiment moderately without transformative changes.
29 Apr
Adamas Trust (ADAM) Q1 earnings and revenues exceeded analyst estimates. Q1 earnings and revenues topping estimates signals strong financial performance, likely driving significant positive shifts in investor sentiment and stock trajectory.
Adamas Trust, Inc. (ADAM) reported first quarter 2026 results. Quarterly financial results directly affect investor sentiment and stock performance.
21 Apr
Adamas Trust (ADAM) released Q4 2025 earnings call transcript detailing financial results, outlook, and executive commentary. Q4 earnings transcript discloses financial performance, guidance, and strategies that significantly shape Adamas Trust's future trajectory and investor sentiment.
18 Apr
Adamas Trust (ADAM) narrative shifts positively as analysts raise price target to US$9, signaling improved outlook and potential market momentum. Higher US$9 price target drives narrative shift, significantly boosting investor sentiment and ADAM's market trajectory.
3 Apr
Adamas Trust (ADAM) narrative shifts focus to book value and execution risk. Shifts in narrative around book value and execution risk moderately influence investor sentiment and ADAM's market trajectory.
4 Mar
Adamas Trust (ADAM) narrative shifts around book value, ROE, and agency mix, altering investor perceptions of its valuation and operational strategy. Shifts in narrative on book value, ROE, and agency mix moderately influence investor sentiment and financial trajectory.
19 Feb
Adamas Trust Inc. (ADAM) reported strong earnings growth in Q4 2025 earnings call highlights, navigating market challenges successfully. Strong earnings growth amid market headwinds indicates significant positive shift in financial trajectory and investor sentiment.
Adamas Trust, Inc. (ADAM) Q4 2025 earnings call summary details quarterly financial performance, operational highlights, strategic initiatives, and forward-looking guidance. Q4 earnings call summaries reveal financial results and guidance that significantly influence stock performance and investor sentiment.
18 Feb
Adamas Trust, Inc. (ADAM) released its Q4 earnings snapshot. Q4 earnings snapshots reveal key financial metrics that significantly influence stock performance and investor sentiment.
Adamas Trust, Inc. (ADAM) reported fourth quarter and full year 2025 financial results. Q4 and full-year results disclosure significantly influences financial performance, investor sentiment, and stock trajectory.
30 Jan
Adamas Trust, Inc. (ADAM) is experiencing a positive outlook due to its increasing exposure to Agency Residential Mortgage-Backed Securities (RMBS). This strategic move is expected to enhance the company's financial stability and market position, as the demand for RMBS continues to grow. Investors are encouraged by this shift, which may lead to improved performance in the near future. Increasing exposure to Agency RMBS is a significant strategic move that could alter the company's trajectory and investor sentiment.
20 Jan
Adamas Trust, Inc. (NASDAQ:ADAM) has demonstrated strong institutional ownership, which is reflected in its stock performance, rising 11% over the past week. This increase highlights investor confidence and suggests positive market sentiment towards the company. High institutional ownership and significant stock performance indicate a strong market position and potential for future growth.
6 Jan
Adamas Trust, Inc. has announced the pricing of its public offering of senior notes, aiming to raise capital through this financial instrument. The offering is expected to enhance the company's financial flexibility and support its strategic initiatives. Details regarding the terms and conditions of the offering have been disclosed, including the anticipated use of proceeds. The public offering of senior notes is likely to provide capital that could influence financial performance and strategic initiatives.
30 Oct
Adamas Trust, Inc. (ADAM) has demonstrated profitability improvements, leading to margin expansion that challenges existing market narratives. Despite a premium valuation, the company's financial performance indicates a positive trajectory, suggesting resilience in its operations and potential for future growth. Margin expansion and improved profitability are likely to significantly influence investor sentiment and the company's future performance.
Adamas Trust, Inc. (ADAM) reported record investment activity in its Q3 2025 earnings call, highlighting strong financial performance and strategic initiatives that are expected to enhance future growth. The company emphasized its commitment to expanding its portfolio and optimizing asset management, which contributed to positive market sentiment. Record investment activity and strategic initiatives are likely to significantly impact future performance and investor sentiment.
29 Oct
Adamas Trust, Inc. reported its third quarter 2025 financial results, highlighting a significant increase in revenue and net income compared to the previous year. The company attributed this growth to successful product launches and improved operational efficiencies. Additionally, management provided an optimistic outlook for the upcoming quarters, citing ongoing investments in technology and market expansion. Key performance indicators showed strong demand for their offerings, positioning Adamas Trust favorably within the competitive landscape. The reported financial growth and positive outlook indicate significant strategic moves that could alter the company's trajectory.
Adamas Trust, Inc. (ADAM) reported its Q3 earnings, highlighting key financial metrics and operational updates. The company showed a notable performance in revenue generation and cost management, which contributed to an improved outlook for the upcoming quarters. Analysts are closely monitoring these developments as they may influence investor sentiment and market positioning. The earnings report indicates moderate improvements in financial performance that could affect market sentiment and competitive positioning.
24 Sep
Adamas Trust, Inc. (ADAM) is facing challenges as finance stocks generally lag this year. The performance of ADAM is being compared to broader market trends, indicating potential difficulties in maintaining investor interest and market positioning. Analysts are observing the implications of these trends on ADAM's future growth and market performance. The current lag in finance stocks may moderately influence Adamas Trust's market sentiment and competitive positioning.
2 Sep
New York Mortgage Trust, Inc. has announced a corporate rebrand to Adamas Trust, Inc. as part of its strategic initiative to enhance its market presence and align its identity with its evolving business model. The rebranding reflects the company's commitment to growth and innovation in the mortgage finance sector. The rebranding may influence market perception and operational focus, but its overall impact on financial performance is expected to be limited.
Analysts have identified New York Mortgage Trust, Inc. (NYMT) as a strong candidate for investors seeking at least a 10% dividend payout. The company is highlighted alongside another dividend stock, suggesting a favorable outlook for income-focused investors. NYMT's performance and dividend yield are positioned as attractive options in the current market environment. The identification of NYMT as a strong dividend candidate may moderately influence investor sentiment and financial performance.
4 Aug
New York Mortgage Trust, Inc. (NYMT) is highlighted as one of the best income stocks to consider for investment on August 4th. The company is noted for its potential to provide attractive returns, particularly in the current market environment, which favors income-generating assets. Investors are encouraged to evaluate NYMT's performance and consider it as part of their income-focused investment strategy. The mention of NYMT as a recommended income stock suggests a moderately noticeable influence on investor sentiment and potential financial performance.