Adamas Trust, Inc. - 9.125% Senior Notes Due 2030
Adamas Trust, Inc. - 9.125% Senior Notes Due 2030
Your view on ADAMG
Overview
What the company does, where it operates, and who runs it.
About Adamas Trust, Inc. - 9.125% Senior Notes Due 2030
- Industry
- REIT - Mortgage
- Sector
- Real Estate
- CEO
- Jason T. Serrano
- Headquarters
- 90 Park Avenue, New York, NY, US
- Industry
- REIT - Mortgage
- Sector
- Real Estate
- CEO
- Jason T. Serrano
- Headquarters
- 90 Park Avenue, New York, NY, US
Adamas Trust, Inc. is engaged in the acquisition, financing, investment, and management of various residential real estate assets tied to mortgages throughout the United States.
Its diverse portfolio of investments includes specific residential loans, which encompass business purpose loans; both agency and non-agency residential mortgage-backed securities (RMBS); structured investments in multi-family properties, such as preferred equity stakes and mezzanine debt provided to property owners; additional assets related to mortgages, housing, and credit, along with strategic investments; and commercial mortgage-backed securities (CMBS).
The company also holds and operates single-family rental homes. For federal income tax purposes, Adamas Trust, Inc. operates as a real estate investment trust (REIT). This structure generally allows the company to avoid federal corporate income taxes, provided it distributes at least 90% of its taxable earnings to its shareholders.
Founded in 2003, the entity was previously known as New York Mortgage Trust, Inc., before officially changing its name to Adamas Trust, Inc. in September 2025. Its corporate headquarters are situated in New York, New York.
Stock Data
Price chart, volume, and trading data.
Fair Value
What FRC thinks it is worth vs. the current price.
FRC's fair value estimate for Adamas Trust, Inc. - 9.125% Senior Notes Due 2030, and the rating behind it. ADAMG last traded at $24.24, 4.3× trailing earnings — the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
Valuation, profitability, liquidity and leverage ratios for Adamas Trust, Inc. - 9.125% Senior Notes Due 2030. Starting points for Adamas Trust, Inc. - 9.125% Senior Notes Due 2030: P/E 4.3, EPS $2.25, beta 1.30 — an REIT - Mortgage name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
Dividend history, yield and payout sustainability for Adamas Trust, Inc. - 9.125% Senior Notes Due 2030. Adamas Trust, Inc. - 9.125% Senior Notes Due 2030 paid $2.28 per share over the last year — a 9.4% yield at the current $24.24 price. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
Reported vs. expected earnings history for Adamas Trust, Inc. - 9.125% Senior Notes Due 2030. Trailing twelve-month EPS for Adamas Trust, Inc. - 9.125% Senior Notes Due 2030 stands at $2.25. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Financial Statements
Income statement, balance sheet, and cash flow statements.
Income statement, balance sheet and cash flow history for Adamas Trust, Inc. - 9.125% Senior Notes Due 2030. Adamas Trust, Inc. - 9.125% Senior Notes Due 2030 has reported as a listed company since 2025. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
Adamas Trust, Inc. - 9.125% Senior Notes Due 2030 valued side by side against its closest peers. Adamas Trust, Inc. - 9.125% Senior Notes Due 2030 is measured against REIT - Mortgage peers within the Real Estate sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.
Institutional Ownership
PremiumWhich funds and firms own the stock.
Which institutions hold Adamas Trust, Inc. - 9.125% Senior Notes Due 2030, and how their positions are changing. At a $792.2M market value, institutional positions materially move Adamas Trust, Inc. - 9.125% Senior Notes Due 2030's register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.
Insider Trading
PremiumRecent buying and selling by company executives.
Buying and selling by Adamas Trust, Inc. - 9.125% Senior Notes Due 2030 executives and directors. Shares of Adamas Trust, Inc. - 9.125% Senior Notes Due 2030 have traded between $24.02 and $25.47 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.
Senate Trading
PremiumU.S. Senator disclosures filed under the STOCK Act.
U.S. Senate disclosures naming Adamas Trust, Inc. - 9.125% Senior Notes Due 2030. Adamas Trust, Inc. - 9.125% Senior Notes Due 2030 is a $792.2M Real Estate company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.
House Trading
PremiumU.S. Representative disclosures filed under the STOCK Act.
U.S. House of Representatives disclosures naming Adamas Trust, Inc. - 9.125% Senior Notes Due 2030. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.
News
Latest headlines and market coverage.
Latest headlines and company announcements for Adamas Trust, Inc. - 9.125% Senior Notes Due 2030. Coverage tracks Adamas Trust, Inc. - 9.125% Senior Notes Due 2030 within REIT - Mortgage (Real Estate). Press releases and market coverage, newest first.
Comments
Comments and replies from FRC members about this company.