ADAMAS TRUST INC

ADAMNASDAQ

🏆 #2034 by market capEarnings Nov 4US Equity

$10.23▲ $0.46 (+4.49%)

🌙 After hours$10.12▼ 1.07%Regular close · extended-hours price shown

1h—

24h▲ 4.5%

7d▲ 8.4%

14d▲ 18.1%

30d▲ 12.9%

1y▲ 50.4%

🏦Market Cap

$919M

Small Cap

📈Revenue Growth (YoY)

+44.1%

High Growth

📊Gross Margin

57.3%

Healthy

💵FCF Margin

16.3%

Healthy

⚖️P/S Ratio

1.0x

Cheap

Otter Score

Weak

Trading Snapshot

Day Range: $10.10 – $10.42
52-Week Range: $6.45 – $10.36
Volume: $2.79B
Avg Volume: $2.30B
Shares Outstanding: 89.9M
Next Earnings: Sep 12, 2026

Fundamentals Snapshot

Annual Revenue: $806M
Last Q Revenue: $228M
P/E Ratio: 6.0
P/S Ratio: 1.0x
EPS (TTM): $2.25
Dividend Yield: 9.38%

Why Investors Own ADAM

✓High-growth profile — revenue up +57.0% YoY with expanding US Equity exposure.
✓Healthy economics — 33% gross margin and 14% free-cash-flow margin.
✓New products and segments could unlock additional revenue streams.

⚠️ Key Risks

Execution delays, intensifying competition, and valuation compression if growth decelerates.

Financial Trends

Revenue (TTM)

$806M▲ +55.5% YoY

Gross Margin (TTM)

32.9%▼ −0.1% YoY

Operating Income (TTM)

$155M▲ +55.5% YoY

Free Cash Flow (TTM)

$116M▲ +55.5% YoY

About ADAMAS TRUST INC

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.

🦦