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Adamas Trust, Inc. (ADAMG)

New York, United States | NasdaqGS
23.98 USD -0.24 (-0.991%) ⇩ (Oct. 14, 2026, 4 p.m. EDT)

Short-term:★★☆☆☆Long-term:★☆☆☆☆Dividends:★★⯪☆☆
Hot Take ↕ | Oct. 10, 2026, 7:24 a.m. EDT

The most critical observation is the severe balance sheet impairment: debt-to-equity is 769%, indicating the company is overwhelmingly funded by debt relative to shareholder equity. This structural fragility, combined with a current ratio below 1.0, creates a massive downside risk that overrides any potential income appeal. While the entity recently rebranded from New York Mortgage Trust, the price action confirms the market's skepticism, trading near its 52-week low with no recovery in the trailing 14 days. The dividend yield appears attractive on the surface, but given the precarious liquidity position and the likelihood of future capital calls or dilution to service such high leverage, the payout is unsustainable rather than a reliable income stream. Fundamentally, this is a distressed asset with deteriorating prospects, making it unsuitable for both short-term speculation and long-term holding.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.005329
AutoARIMA0.005347
AutoETS0.005347
MSTL0.005387

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 78%
H-stat 1.23
Ljung-Box p 0.000
Jarque-Bera p 0.189
Excess Kurtosis -1.33
Attribute Value
Last Dividend Date 2026-09-14
Debt to Equity Ratio 769.104
Revenue per Share 4.227
Beta 1.30
Profit Margins 52.96%
Previous Name New York Mortgage Trust, Inc.
Website https://www.adamasreit.com

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
2.28% 9.16% — —
Dividend History
Date Dividend Yield %
2026-09-15 0.570 2.283654
2026-06-15 0.570 2.288238
2026-03-13 0.570 2.295610
2025-12-15 0.570 2.293763
2025-09-15 0.570 2.294409
2025-06-13 0.570 2.356346
2025-03-14 0.488 1.980520
Additional Data
trailingAnnualDividendRate 0.96
trailingAnnualDividendYield 0.039636664
lastDividendValue 0.57
lastDividendDate 2026-09-15
dividendDate 2026-01-01

Info Dump

Attribute Value
52 Week Change -0.027504504
Address1 90 Park Avenue
Address2 Floor 23
All Time High 25.69
All Time Low 22.7
Ask 24.32
Ask Size 1
Average Daily Volume10 Day 29,250
Average Daily Volume3 Month 13,336
Average Volume 13,336
Average Volume10Days 29,250
Beta 1.298
Bid 24.98
Bid Size 1
Book Value 10.369
City New York
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 23.98
Current Ratio 0.844
Custom Price Alert Confidence HIGH
Day High 24.245
Day Low 23.95
Debt To Equity 769.104
Display Name Adamas Trust
Dividend Date 1,767,225,600
Earnings Quarterly Growth 5.457
Ebitda Margins 0.0
Enterprise To Revenue 36.159
Enterprise Value 13,800,950,784
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 15
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 25.00938
Fifty Day Average Change -1.0293808
Fifty Day Average Change Percent -0.04115979
Fifty Two Week Change Percent -2.7504504
Fifty Two Week High 25.47
Fifty Two Week High Change -1.4899998
Fifty Two Week High Change Percent -0.05850019
Fifty Two Week Low 23.95
Fifty Two Week Low Change 0.02999878
Fifty Two Week Low Change Percent 0.0012525585
Fifty Two Week Range 23.95 - 25.47
Financial Currency USD
First Trade Date Milliseconds 1,736,951,400,000
Float Shares 84,323,418
Full Exchange Name NasdaqGS
Full Time Employees 221
Fullday Change -0.23999977
Fullday Change Percent -0.99091566
Fullday Price 23.98
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.78673
Gross Profits 300,271,008
Has Pre Post Market Data 1
Industry
Industry Key
Language en-US
Last Dividend Date 1,789,430,400
Last Dividend Value 0.57
Last Fiscal Year End 1,767,139,200
Long Business Summary 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). 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.
Long Name Adamas Trust, Inc.
Market us_market
Market State PREPRE
Max Age 86,400
Message Board Id finmb_8322482
Most Recent Quarter 1,782,777,600
Name Change Date 2,026-10-15
Net Income To Common 154,627,008
Next Fiscal Year End 1,798,675,200
Open 24.21
Operating Cashflow 158,187,008
Operating Margins 0.51676
Phone 212 792 0107
Prev Name New York Mortgage Trust, Inc.
Previous Close 24.22
Price Hint 2
Price To Book 2.3126626
Profit Margins 0.52959
Quick Ratio 0.818
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.23999977
Regular Market Change Percent -0.99091566
Regular Market Day High 24.245
Regular Market Day Low 23.95
Regular Market Day Range 23.95 - 24.245
Regular Market Open 24.21
Regular Market Previous Close 24.22
Regular Market Price 23.98
Regular Market Time 1,792,008,000
Regular Market Volume 37,526
Return On Assets 0.02005
Return On Equity 0.16438
Revenue Growth 1.298
Revenue Per Share 4.227
Sand P52 Week Change 0.1570785
Sector
Sector Key
Short Name Adamas Trust, Inc. - 9.125% Sen
Source Interval 15
State NY
Symbol ADAMG
Total Cash 215,572,992
Total Cash Per Share 2.398
Total Debt 11,321,198,592
Total Revenue 381,671,008
Tradeable 0
Trailing Annual Dividend Rate 0.96
Trailing Annual Dividend Yield 0.039636664
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 25.04771
Two Hundred Day Average Change -1.0677109
Two Hundred Day Average Change Percent -0.042627085
Type Disp Equity
Volume 37,526
Website https://www.adamasreit.com
Zip 10,016