Adamas Trust, Inc. (ADAM)
Adamas Trust, Inc. operates in the REIT - Mortgage industry of the Real Estate sector, headquartered in New York, NY, US. The stock last traded at $10.16, down 0.68% on the session, giving a market capitalisation of $913.0M. On trailing twelve-month figures it carries a trailing P/E of 5.94, a net margin of 21.1%. Its beta of 1.24 implies it has historically moved more than the broad market.
Adamas Trust, Inc. is a U.S.-based entity primarily focused on the acquisition, investment, financing, and management of assets connected to single-family and multi-family residential mortgages. Its diverse portfolio includes targeted residential loans (which cover business purpose loans), agency and non-agency residential mortgage-backed securities (RMBS), structured multi-family property investments like preferred equity and mezzanine loans to property owners, and other assets related to mortgages, housing, and credit, along with strategic investments and commercial mortgage-backed securities (CMBS). Furthermore, the company extends its operations to owning and managing single-family rental properties. Qualifying as a Real Estate Investment Trust (REIT) for federal income tax purposes, Adamas Trust avoids federal corporate income taxes, provided it distributes a minimum of 90% of its taxable earnings to its stockholders. Established in 2003, the company's headquarters are located in New York, New York. It was formerly known as New York Mortgage Trust, Inc. until it officially changed its name to Adamas Trust, Inc. in September 2025.
Adamas Trust, Inc. is most often compared with the following Real Estate names: