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Adamas Trust, Inc. (ADAMH)

New York, United States | NasdaqGM
25.40 USD +0.08 (0.335%) ⇧ (April 20, 2026, 4 p.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ★★★★☆
Hot Take | April 19, 2026, 12:23 a.m. EDT

Despite an extraordinary yield driven by a one-time ($0.617) final distribution, the underlying business structure is a total value trap with insolvency risk due to a ~$1.1B debt load against only ~$211M cash, rendering it unsuitable for any long-term holding strategy regardless of how scary the price appears.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.004595
MSTL0.010651
AutoARIMA0.010730
AutoETS0.011055

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 19%
H-stat 11.40
Ljung-Box p 0.000
Jarque-Bera p 0.000
Excess Kurtosis 2.39
Attribute Value
Last Dividend Date 2026-03-12
Debt to Equity Ratio 769.579
Revenue per Share 3.484
Beta 1.16
Profit Margins 47.31%
Previous Name New York Mortgage Trust, Inc.
Website https://www.adamasreit.com

Dividend Data

Dividend History
Date Dividend Yield %
2026-03-13 0.617 2.446471
2025-12-15 0.617 2.486093
2025-09-15 0.569 2.378837
Additional Data
trailingAnnualDividendRate 0.86
trailingAnnualDividendYield 0.033971954
lastDividendValue 0.617
lastDividendDate 2026-03-13
dividendDate 2026-01-01

Info Dump

Attribute Value
52 Week Change 0.019670844
Address1 90 Park Avenue
Address2 Floor 23
All Time High 25.99
All Time Low 24.49
Ask 32.32
Ask Size 2
Average Daily Volume10 Day 20,590
Average Daily Volume3 Month 25,650
Average Volume 25,650
Average Volume10Days 20,590
Beta 1.158
Bid 25.23
Bid Size 1
Book Value 9.816
City New York
Compensation As Of Epoch Date 1,735,603,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 25.3999
Current Ratio 32.543
Custom Price Alert Confidence HIGH
Day High 25.4
Day Low 25.2
Debt To Equity 769.579
Display Name Adamas Trust
Dividend Date 1,767,225,600
Ebitda Margins 0.0
Enterprise To Revenue 43.295
Enterprise Value 13,639,307,264
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 25.39612
Fifty Day Average Change 0.003780365
Fifty Day Average Change Percent 0.00014885601
Fifty Two Week Change Percent 1.9670844
Fifty Two Week High 25.99
Fifty Two Week High Change -0.59009933
Fifty Two Week High Change Percent -0.02270486
Fifty Two Week Low 24.49
Fifty Two Week Low Change 0.90990067
Fifty Two Week Low Change Percent 0.037153967
Fifty Two Week Range 24.49 - 25.99
Financial Currency USD
First Trade Date Milliseconds 1,752,067,800,000
Float Shares 84,463,226
Full Exchange Name NasdaqGM
Full Time Employees 221
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.74556
Gross Profits 234,876,992
Has Pre Post Market Data 1
Industry
Industry Key
Language en-US
Last Dividend Date 1,773,360,000
Last Dividend Value 0.617
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 PRE
Max Age 86,400
Message Board Id finmb_8322482
Most Recent Quarter 1,767,139,200
Name Change Date 2,026-04-20
Net Income To Common 101,106,000
Next Fiscal Year End 1,798,675,200
Open 25.25
Operating Cashflow 134,040,000
Operating Margins 0.48384
Phone 212 792 0107
Prev Name New York Mortgage Trust, Inc.
Previous Close 25.315
Price Hint 2
Price To Book 2.587602
Profit Margins 0.47312
Quick Ratio 31.054
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.0848999
Regular Market Change Percent 0.33537388
Regular Market Day High 25.4
Regular Market Day Low 25.2
Regular Market Day Range 25.2 - 25.4
Regular Market Open 25.25
Regular Market Previous Close 25.315
Regular Market Price 25.3999
Regular Market Time 1,776,715,200
Regular Market Volume 22,614
Return On Assets 0.0126
Return On Equity 0.09689
Revenue Growth 189.636
Revenue Per Share 3.484
Sand P52 Week Change 0.34445214
Sector
Sector Key
Short Name Adamas Trust, Inc. - 9.875% Sen
Source Interval 15
State NY
Symbol ADAMH
Total Cash 211,055,008
Total Cash Per Share 2.333
Total Debt 11,008,335,872
Total Revenue 315,033,984
Tradeable 0
Trailing Annual Dividend Rate 0.86
Trailing Annual Dividend Yield 0.033971954
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 25.375706
Two Hundred Day Average Change 0.024194717
Two Hundred Day Average Change Percent 0.0009534599
Type Disp Equity
Volume 22,614
Website https://www.adamasreit.com
Zip 10,016