ADAMH

News

seekingalpha.comDefensive +9% Yields In The Face Of Interest Rate Uncertaintyseekingalpha.comJun 12

About Adamas Trust, Inc.

Adamas Trust, Inc., previously known as New York Mortgage Trust, Inc., functions as a real estate investment trust primarily engaged with assets linked to residential mortgages. Effective September 3, 2025, the company adopted its current name, Adamas Trust, Inc., to reflect its expansion into a more diverse investment vehicle. The firm has issued 9.875% Senior Notes due 2030, which are unsecured, fixed-rate debt securities that mature on October 1, 2030, and distribute interest payments twice per year.

CEO: Jason T. Serrano
IPO Date: Sep 3, 2025

Market Data

Open: $25.79
High: $25.79
Low: $25.69
Volume: 6.2K
52W High: $25.99
52W Low: $24.49

Valuation

Market Cap: $2.3B
Enterprise Value: $12B

Financials

Free Cash Flow: $126M
Revenue: $806M
Net Income: $149M
Cash: $210M
Debt: $11B

Events

DividendJun 15

$0.61719