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Adamas Trust
(NASDAQ:ADAM)
Adamas Trust (ADAM) vs. SPDR S&P 500 ETF (SPY)
Adamas Trust Business Overview & Revenue Model
Adamas Trust Earnings Call Summary
Adamas Trust Financial Statement Overview
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Adamas Trust Technical Analysis
Adamas Trust Risk Analysis
Adamas Trust Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | $732.46M | 14.40 | 5.87% | 10.09% | -12.51% | ― | |
65 Neutral | $2.10B | 15.81 | 3.79% | 4.98% | 4.78% | 6.63% | |
63 Neutral | $642.13M | 37.46 | 4.42% | 10.85% | 35.74% | ― | |
61 Neutral | $1.13B | 35.75 | 0.87% | 20.00% | 67.17% | ― | |
54 Neutral | $626.20M | 56.21 | -1.76% | 10.47% | -20.88% | -420.89% | |
50 Neutral | $514.55M | 19.70 | 5.53% | 18.69% | 1.13% | ― | |
46 Neutral | $772.76M | 28.34 | -6.97% | 11.56% | 31.71% | -499.14% |
Adamas Trust Corporate Events
On September 3, 2025, New York Mortgage Trust, Inc. will rebrand to Adamas Trust, Inc., reflecting its focus on strength and long-term vision. The rebranding includes a change in Nasdaq trading symbols and the launch of a new corporate website. The company also announced a significant acquisition of $2.1 billion in residential assets, marking a 164% increase from the previous quarter, indicating its strategic growth and expansion in the real estate sector.
On August 22, 2025, New York Mortgage Trust, Inc. completed the issuance and sale of $25 million of 9.875% Senior Notes due 2030 in a registered direct offering. The net proceeds of approximately $24.8 million are intended for general corporate purposes, including acquiring targeted assets and general working capital, potentially impacting the company’s operational capabilities and market positioning.
In the second quarter of 2025, New York Mortgage Trust reported a net loss of $3.5 million attributable to common stockholders, while earnings available for distribution reached $20 million. The company made significant investments, including acquiring $503.7 million in Agency investments and $280.2 million in residential loans. Key developments included the acquisition of Constructive Loans, LLC, enhancing NYMT’s expansion into residential business purpose lending, and a securitization of residential loans yielding $345.9 million in net proceeds. These moves are part of NYMT’s strategy to diversify its balance sheet and enhance shareholder value.
On July 15, 2025, New York Mortgage Trust, Inc. announced the acquisition of the remaining 50% ownership interest in Constructive Loans, LLC, a leading originator in business purpose loans for residential real estate investors. This all-cash transaction marks a significant step in diversifying and scaling NYMT’s recurring earnings, enhancing its presence in the residential credit markets. Constructive Loans, which has shown solid profitability and performance since 2017, will continue to operate as an independent subsidiary with its leadership team intact, further strengthening NYMT’s strategy of investing in business purpose loans.
On July 8, 2025, New York Mortgage Trust, Inc. completed the issuance and sale of $90 million in 9.875% Senior Notes due 2030, including a partial exercise of an over-allotment option by underwriters. The notes, issued at 100% of the principal amount, are senior unsecured obligations and bear interest payable quarterly. The company intends to use the approximately $86.6 million net proceeds for general corporate purposes, including acquiring targeted mortgage and credit-related assets.
On June 13, 2025, New York Mortgage Trust, Inc. entered into an equity distribution agreement with JonesTrading Institutional Services LLC to sell up to $50 million of its preferred stock in at-the-market offerings. The company plans to use the proceeds for general corporate purposes, including acquiring targeted assets. Additionally, on June 12, 2025, the company amended its indenture for 5.75% Senior Notes due 2026, revising the Net Debt to Equity Ratio to not exceed 8.00 to 1.00, following a successful consent solicitation.
On June 12, 2025, New York Mortgage Trust held its Annual Meeting of Stockholders, where all director nominees were elected, executive compensation was approved, and Grant Thornton LLP was ratified as the independent auditor for 2025. The Board also declared a quarterly cash dividend of $0.20 per share for common stockholders and announced dividends for its preferred stock series, reflecting the company’s ongoing commitment to shareholder returns.