ADAMM
Adamas Trust, Inc.
Price Chart
Latest Quote
$25.27
Current Price| Previous Close | $25.36 |
| Open | $25.35 |
| Day High | $25.35 |
| Day Low | $25.20 |
| Volume | 8,569 |
Stock Information
| Quarterly Dividend / Yield | $2.76 / 10.92% |
| Total Debt | $10.83B |
| Cash Equivalents | $187.90M |
| Revenue | $216.78M |
| Net Income | $17.67M |
| Sector | Real Estate |
| Industry | REIT - Mortgage |
| Exchange | NMS |
đ Custom Metrics & Score
Score: 5/42| Debt to Equity | 2.55 |
| Debt to Earnings | -38.26 |
| Avg Revenue Growth | -4.89% |
| Profit Margin | -25.62% |
| Return on Equity | -4.45% |
| Avg FCF Growth | -24.17% |
Score Explanation: The perfect score is 42/42 based on debt levels, profitability, growth rates, and cash flow metrics. FCF Yield is weighted most heavily as it shows what return the business currently generates.
Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-02-02 | $25.27 | 8,569 |
| 2026-01-30 | $25.36 | 17,000 |
| 2026-01-29 | $25.35 | 13,500 |
| 2026-01-28 | $25.30 | 11,000 |
| 2026-01-27 | $25.28 | 16,300 |
| 2026-01-26 | $25.19 | 18,900 |
| 2026-01-23 | $25.20 | 10,100 |
| 2026-01-22 | $25.14 | 15,200 |
| 2026-01-21 | $25.11 | 17,100 |
| 2026-01-20 | $25.08 | 13,800 |
| 2026-01-16 | $25.05 | 20,700 |
| 2026-01-15 | $25.11 | 14,600 |
| 2026-01-14 | $25.07 | 11,400 |
| 2026-01-13 | $25.01 | 4,500 |
| 2026-01-12 | $25.01 | 7,400 |
| 2026-01-09 | $24.91 | 12,000 |
| 2026-01-08 | $24.97 | 16,400 |
| 2026-01-07 | $25.02 | 15,500 |
| 2026-01-06 | $25.00 | 16,100 |
| 2026-01-05 | $24.92 | 17,100 |
About Adamas Trust, Inc.
Adamas Trust, Inc. acquires, invests in, finances, and manages mortgage-related single-family and multi-family residential assets in the United States. The company's targeted residential loans, including business purpose loans; agency RMBS; non-agency residential mortgage-backed securities (RMBS); structured multi-family property investments, such as preferred equity in, and mezzanine loans to owners of multi-family properties; and other mortgage-, residential housing- and credit-related assets and strategic investments; and commercial mortgage-backed securities (CMBS). It also owns and manages single-family rental properties. The company qualifies as a real estate investment trust for federal income tax purposes. 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.
đ° Latest News
Adamas Trust (ADAM) Stock Outlook Supported by Increasing Agency RMBS Exposure
Insider Monkey âĸ 2026-01-30T14:10:03Z
Adamas Trust, Inc.'s (NASDAQ:ADAM) high institutional ownership speaks for itself as stock continues to impress, up 11% over last week
Simply Wall St. âĸ 2026-01-20T10:34:19Z
Adamas Trust (ADAM) Profitability Turn Challenges Market Narratives With Margin Expansion, Premium Valuation Persists
Simply Wall St. âĸ 2025-10-31T01:27:45Z
Adamas Trust Inc (ADAM) Q3 2025 Earnings Call Highlights: Record Investment Activity and ...
GuruFocus.com âĸ 2025-10-30T20:32:08ZAdamas Trust: Q3 Earnings Snapshot
Associated Press Finance âĸ 2025-10-29T20:03:45ZAre Finance Stocks Lagging Adamas Trust, Inc. (ADAM) This Year?
Zacks âĸ 2025-09-24T13:40:03Z
Income Statement (Annual)
Revenue
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Total Revenue | $242,107,000 | $308,667,000 | $8,691,000 | $300,906,000 |
| Operating Revenue | $242,107,000 | $308,667,000 | $8,691,000 | $300,906,000 |
Expenses
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Interest Expense | $317,425,000 | $192,134,000 | $129,419,000 | $79,284,000 |
| General And Administrative Expense | $42,781,000 | $44,817,000 | $47,669,000 | $45,440,000 |
| Professional Expense And Contract Services Expense | $5,891,000 | $4,748,000 | $4,771,000 | $3,468,000 |
| Other Non Interest Expense | $178,681,000 | $202,408,000 | $169,299,000 | $40,231,000 |
| Other Non Operating Income Expenses | - | - | - | $-26,668,000 |
Income & Earnings
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Net Income From Continuing Operation Net Minority Interest | $-62,029,000 | $-48,665,000 | $-298,605,000 | $193,200,000 |
| Net Interest Income | $83,855,000 | $66,526,000 | $128,969,000 | $127,582,000 |
| Interest Income | $401,280,000 | $258,660,000 | $258,388,000 | $206,866,000 |
| Normalized Income | $-36,899,890 | $31,712,760 | $-311,953,630 | $194,919,120 |
| Net Income From Continuing And Discontinued Operation | $-62,029,000 | $-48,665,000 | $-298,605,000 | $193,200,000 |
| Net Income Common Stockholders | $-103,785,000 | $-90,035,000 | $-340,577,000 | $144,176,000 |
| Net Income | $-62,029,000 | $-48,665,000 | $-298,605,000 | $193,200,000 |
| Net Income Including Noncontrolling Interests | $-93,953,000 | $-77,799,000 | $-340,649,000 | $188,476,000 |
| Net Income Continuous Operations | $-93,953,000 | $-77,799,000 | $-340,649,000 | $188,476,000 |
| Pretax Income | $-92,917,000 | $-77,724,000 | $-340,107,000 | $190,934,000 |
| Special Income Charges | $-60,260,000 | $-106,507,000 | $-235,000 | $-1,583,000 |
| Depreciation Amortization Depletion Income Statement | $39,822,000 | $24,620,000 | $126,824,000 | $19,250,000 |
| Depreciation And Amortization In Income Statement | $39,822,000 | $24,620,000 | $126,824,000 | $19,250,000 |
| Average Dilution Earnings | - | - | - | $0 |
| Amortization Of Intangibles Income Statement | - | - | - | $13,588,000 |
| Depreciation Income Statement | - | - | - | $5,662,000 |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Tax Effect Of Unusual Items | $-6,679,890 | $-21,366,240 | $3,548,370 | $-20,880 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Total Unusual Items | $-31,809,000 | $-101,744,000 | $16,897,000 | $-1,740,000 |
| Total Unusual Items Excluding Goodwill | $-31,809,000 | $-101,744,000 | $16,897,000 | $-1,740,000 |
| Reconciled Depreciation | $60,041,000 | $52,120,000 | $152,961,000 | $51,386,000 |
| Diluted NI Availto Com Stockholders | $-103,785,000 | $-90,035,000 | $-340,577,000 | $144,176,000 |
| Preferred Stock Dividends | $41,756,000 | $41,837,000 | $41,972,000 | $42,859,000 |
| Minority Interests | $31,924,000 | $29,134,000 | $42,044,000 | $4,724,000 |
| Tax Provision | $1,036,000 | $75,000 | $542,000 | $2,458,000 |
| Gain On Sale Of Business | $-8,521,000 | $-16,163,000 | $0 | $0 |
| Other Special Charges | $-616,000 | - | - | - |
| Write Off | $48,875,000 | $89,548,000 | $2,449,000 | $0 |
| Gain On Sale Of Security | $20,034,000 | $18,189,000 | $-274,508,000 | $156,290,000 |
| Selling General And Administration | $42,781,000 | $44,817,000 | $47,669,000 | $45,440,000 |
| Other Gand A | $7,983,000 | $8,208,000 | $7,980,000 | $8,470,000 |
| Salaries And Wages | $34,798,000 | $36,609,000 | $39,689,000 | $36,970,000 |
| Otherunder Preferred Stock Dividend | - | $-467,000 | - | $6,165,000 |
| Impairment Of Capital Assets | - | - | $0 | $0 |
| Amortization | - | - | - | $13,588,000 |
Balance Sheet (Annual)
Assets
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Net Tangible Assets | $1,373,717,000 | $1,577,234,000 | $1,767,216,000 | $2,301,262,000 |
| Total Assets | $9,217,282,000 | $7,401,328,000 | $6,240,745,000 | $5,658,301,000 |
| Goodwill And Other Intangible Assets | $21,003,000 | $2,378,000 | $0 | $39,769,000 |
| Other Intangible Assets | $21,003,000 | $2,378,000 | - | $39,769,000 |
| Prepaid Assets | $17,391,000 | $18,328,000 | $13,979,000 | $14,143,000 |
| Receivables | $151,204,000 | $64,861,000 | $60,798,000 | $69,829,000 |
| Other Receivables | $89,129,000 | $27,549,000 | $26,731,000 | $43,141,000 |
| Accounts Receivable | $62,075,000 | $37,312,000 | $34,067,000 | $26,688,000 |
| Cash And Cash Equivalents | $167,422,000 | $187,107,000 | $244,718,000 | $289,602,000 |
| Cash Cash Equivalents And Federal Funds Sold | $329,024,000 | $330,642,000 | $380,938,000 | $337,861,000 |
Debt
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Net Debt | $3,381,824,000 | $2,610,942,000 | $2,395,090,000 | $2,221,577,000 |
| Total Debt | $3,555,181,000 | $2,805,151,000 | $2,648,191,000 | $2,520,763,000 |
| Long Term Debt And Capital Lease Obligation | $3,555,181,000 | $2,805,151,000 | $2,648,191,000 | $2,520,763,000 |
| Long Term Debt | $3,549,246,000 | $2,798,049,000 | $2,639,808,000 | $2,511,179,000 |
Liabilities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Total Liabilities Net Minority Interest | $7,806,148,000 | $5,773,202,000 | $4,376,634,000 | $3,226,519,000 |
| Non Current Deferred Liabilities | $15,099,000 | $7,481,000 | $7,525,000 | $19,700,000 |
| Non Current Deferred Taxes Liabilities | $9,282,000 | $2,012,000 | $394,000 | $6,681,000 |
| Payables And Accrued Expenses | $101,194,000 | $89,116,000 | $86,712,000 | $93,370,000 |
| Payables | $79,432,000 | $55,804,000 | $60,625,000 | $57,379,000 |
| Other Payable | $8,137,000 | - | - | - |
| Dividends Payable | $30,280,000 | $32,151,000 | $49,996,000 | $48,328,000 |
| Accounts Payable | $41,015,000 | $23,653,000 | $10,629,000 | $9,051,000 |
Equity
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Common Stock Equity | $859,275,000 | $1,044,167,000 | $1,228,865,000 | $1,802,810,000 |
| Preferred Stock Equity | $535,445,000 | $535,445,000 | $538,351,000 | $538,221,000 |
| Total Equity Gross Minority Interest | $1,411,134,000 | $1,628,126,000 | $1,864,111,000 | $2,431,782,000 |
| Stockholders Equity | $1,394,720,000 | $1,579,612,000 | $1,767,216,000 | $2,341,031,000 |
| Gains Losses Not Affecting Retained Earnings | $0 | $-4,000 | $-1,970,000 | $1,778,000 |
| Retained Earnings | $-1,430,675,000 | $-1,253,817,000 | $-1,052,768,000 | $-559,338,000 |
| Other Equity Adjustments | - | $-4,000 | $-1,970,000 | $1,778,000 |
| Preferred Securities Outside Stock Equity | - | - | - | $66,392,000 |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Preferred Shares Number | $22,164,414 | $22,164,414 | $22,284,994 | $22,284,994 |
| Ordinary Shares Number | $90,574,996 | $90,675,403 | $91,193,688 | $94,851,310 |
| Share Issued | $90,574,996 | $90,675,403 | $91,193,688 | $94,851,310 |
| Tangible Book Value | $838,272,000 | $1,041,789,000 | $1,228,865,000 | $1,763,041,000 |
| Invested Capital | $4,408,521,000 | $3,842,216,000 | $3,868,673,000 | $4,313,989,000 |
| Capital Lease Obligations | $5,935,000 | $7,102,000 | $8,383,000 | $9,584,000 |
| Total Capitalization | $4,943,966,000 | $4,377,661,000 | $4,407,024,000 | $4,852,210,000 |
| Minority Interest | $16,414,000 | $48,514,000 | $96,895,000 | $90,751,000 |
| Additional Paid In Capital | $2,289,044,000 | $2,297,081,000 | $2,282,691,000 | $2,356,576,000 |
| Capital Stock | $536,351,000 | $536,352,000 | $539,263,000 | $542,015,000 |
| Common Stock | $906,000 | $907,000 | $912,000 | $3,794,000 |
| Preferred Stock | $535,445,000 | $535,445,000 | $538,351,000 | $538,221,000 |
| Non Current Deferred Revenue | $5,817,000 | $5,469,000 | $7,131,000 | $13,019,000 |
| Long Term Capital Lease Obligation | $5,935,000 | $7,102,000 | $8,383,000 | $9,584,000 |
| Current Accrued Expenses | $21,762,000 | $33,312,000 | $26,087,000 | $35,991,000 |
| Investments And Advances | $3,942,036,000 | $2,160,933,000 | $279,305,000 | $440,475,000 |
| Available For Sale Securities | $113,492,000 | $147,116,000 | $179,746,000 | $239,631,000 |
| Net PPE | $5,460,000 | $6,581,000 | $7,831,000 | $9,011,000 |
| Gross PPE | $5,460,000 | $6,581,000 | $7,831,000 | $9,011,000 |
| Other Properties | $5,460,000 | $6,581,000 | $7,831,000 | $9,011,000 |
| Other Short Term Investments | $3,828,544,000 | $2,013,817,000 | $99,559,000 | $200,844,000 |
Cash Flow Statement (Annual)
Free Cash Flow
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Free Cash Flow | $4,601,000 | $29,953,000 | $91,783,000 | $138,912,000 |
Operating Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | $14,071,000 | $29,953,000 | $91,783,000 | $138,912,000 |
| Cash Flow From Continuing Operating Activities | $14,071,000 | $29,953,000 | $91,783,000 | $138,912,000 |
| Operating Gains Losses | $-109,995,000 | $-14,648,000 | $-117,283,000 | $-52,767,000 |
Investing Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Capital Expenditure | $-9,470,000 | - | - | - |
| Investing Cash Flow | $-2,244,435,000 | $-1,219,931,000 | $-508,775,000 | $-132,949,000 |
| Cash Flow From Continuing Investing Activities | $-2,244,435,000 | $-1,219,931,000 | $-508,775,000 | $-132,949,000 |
| Net Other Investing Changes | $155,132,000 | $221,905,000 | $100,566,000 | $8,010,000 |
Financing Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Repurchase Of Capital Stock | $-3,493,000 | $-11,054,000 | $-44,399,000 | $-183,447,000 |
| Financing Cash Flow | $2,228,746,000 | $1,139,682,000 | $460,069,000 | $27,408,000 |
| Cash Flow From Continuing Financing Activities | $2,228,746,000 | $1,139,682,000 | $460,069,000 | $27,408,000 |
| Net Other Financing Charges | $-12,519,000 | $-8,862,000 | $-12,830,000 | $-81,000 |
| Cash Dividends Paid | $-116,701,000 | $-170,695,000 | $-193,157,000 | $-194,848,000 |
| Preferred Stock Dividend Paid | $-41,756,000 | $-41,894,000 | $-41,404,000 | $-43,232,000 |
| Common Stock Dividend Paid | $-74,945,000 | $-128,801,000 | $-151,753,000 | $-151,616,000 |
| Net Preferred Stock Issuance | $0 | $-2,439,000 | $0 | $27,291,000 |
| Net Common Stock Issuance | $-3,493,000 | $-8,615,000 | $-44,399,000 | $0 |
| Dividend Received Cfo | $24,222,000 | $26,076,000 | $49,832,000 | $62,375,000 |
| Issuance Of Capital Stock | - | $0 | $0 | $210,738,000 |
| Preferred Stock Issuance | - | $0 | $0 | $210,738,000 |
| Common Stock Issuance | - | - | $0 | $0 |
| Dividends Received Cfi | - | - | - | $-81,000 |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Repayment Of Debt | $-584,443,000 | $-400,073,000 | $-441,761,000 | $-483,807,000 |
| Issuance Of Debt | $1,410,153,000 | $0 | $973,183,000 | $532,001,000 |
| Interest Paid Supplemental Data | $344,725,000 | $249,854,000 | $161,251,000 | $71,913,000 |
| End Cash Position | $329,024,000 | $330,642,000 | $380,938,000 | $337,861,000 |
| Beginning Cash Position | $330,642,000 | $380,938,000 | $337,861,000 | $304,490,000 |
| Changes In Cash | $-1,618,000 | $-50,296,000 | $43,077,000 | $33,371,000 |
| Preferred Stock Payments | $0 | $-2,439,000 | $0 | $-183,447,000 |
| Common Stock Payments | $-3,493,000 | $-8,615,000 | $-44,399,000 | $0 |
| Net Issuance Payments Of Debt | $825,710,000 | $-400,073,000 | $531,422,000 | $48,194,000 |
| Net Long Term Debt Issuance | $825,710,000 | $-400,073,000 | $531,422,000 | $48,194,000 |
| Long Term Debt Payments | $-584,443,000 | $-400,073,000 | $-441,761,000 | $-483,807,000 |
| Long Term Debt Issuance | $1,410,153,000 | $0 | $973,183,000 | $532,001,000 |
| Net Investment Purchase And Sale | $-1,781,936,000 | $-1,866,133,000 | $-29,432,000 | $317,893,000 |
| Sale Of Investment | $434,453,000 | $228,099,000 | $201,103,000 | $777,909,000 |
| Purchase Of Investment | $-2,216,389,000 | $-2,094,232,000 | $-230,535,000 | $-460,016,000 |
| Net Investment Properties Purchase And Sale | $-24,647,000 | $-50,412,000 | $-209,372,000 | $-46,059,000 |
| Purchase Of Investment Properties | $-24,647,000 | $-50,412,000 | $-209,372,000 | $-46,059,000 |
| Net Business Purchase And Sale | $0 | $102,000 | $6,897,000 | $27,907,000 |
| Sale Of Business | $0 | $102,000 | $6,897,000 | $27,907,000 |
| Net Intangibles Purchase And Sale | $-9,470,000 | $0 | $0 | - |
| Purchase Of Intangibles | $-9,470,000 | $0 | $0 | - |
| Change In Working Capital | $-15,036,000 | $-16,747,000 | $-14,785,000 | $-3,697,000 |
| Change In Other Working Capital | $-15,036,000 | $-16,747,000 | $-14,785,000 | $-3,697,000 |
| Stock Based Compensation | $6,068,000 | $8,825,000 | $11,895,000 | $10,239,000 |
| Unrealized Gain Loss On Investment Securities | $93,849,000 | $-37,422,000 | $25,290,000 | - |
| Asset Impairment Charge | $48,875,000 | $89,548,000 | $2,449,000 | $0 |
| Depreciation Amortization Depletion | $60,041,000 | $52,120,000 | $152,961,000 | $51,386,000 |
| Depreciation And Amortization | $60,041,000 | $52,120,000 | $152,961,000 | $51,386,000 |
| Amortization Cash Flow | $20,219,000 | $27,500,000 | $26,137,000 | $32,136,000 |
| Amortization Of Intangibles | $20,219,000 | $27,500,000 | $26,137,000 | $32,136,000 |
| Depreciation | $39,822,000 | $24,620,000 | $126,824,000 | $19,250,000 |
| Earnings Losses From Equity Investments | $-26,796,000 | $-28,774,000 | $-30,162,000 | $-54,507,000 |
| Gain Loss On Investment Securities | $1,218,000 | $14,321,000 | $-18,344,000 | - |
| Gain Loss On Sale Of PPE | $-616,000 | $0 | - | - |
| Gain Loss On Sale Of Business | $11,736,000 | $24,430,000 | $-13,944,000 | $0 |
| Net Income From Continuing Operations | $-93,953,000 | $-77,799,000 | $-340,649,000 | $188,476,000 |
| Income Tax Paid Supplemental Data | - | $225,000 | $2,674,000 | $296,000 |
| Other Non Cash Items | - | $-59,774,000 | $347,363,000 | $-117,100,000 |
| Change In Other Current Liabilities | - | - | - | $26,515,000 |
| Change In Other Current Assets | - | - | - | $-30,212,000 |