Adamas Trust, Inc. (ADAM)

Nasdaq · Real Estate · REIT - Mortgage

$7.72−1.15%as of Oct 6, 2026, 1:35 AM ET

Market cap
$694M
P/E (trailing)
4.6
Forward P/E
6.2
Dividend yield
15.5%
52-week range
$6.45 – $10.36
52-week change
+14.85%
EPS (trailing)
$1.68
Analyst rating
2.6 Hold
Next earnings
Oct 28, 2026

Fiscal year to Dec 2025

Net income
$149M
Diluted EPS
$1.10
Free cash flow
$126M

From the company’s annual report on SEC EDGAR.

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).

Headquarters: New York, United States · 221 employees · adamasreit.com