Adamas Trust, Inc logo

ADAMNAdamas Trust, Inc

NASDAQ · Real Estate · REIT - Mortgage

$25.02

+$0.09 (+0.34%)

Adamas Trust, Inc (ADAMN) is a reit - mortgage company listed on NASDAQ. It is led by Jason T. Serrano, based in 90 Park Avenue, New York, NY, United States, 10016, with about 221 employees. 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.

Net income was $81.3M.

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About Adamas Trust, Inc

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.

ADAMN Key Statistics

Market Cap

$0.00M

Volume

4,920

Previous Close

$25.02

Day Range

$25.02$25.11

00

EPS

-$1.14

Revenue

$0.00

Net Income

-$93.95M

Gross Profit

$0.00

Free Cash Flow

$0.00

Dividend Yield

3.75%

Employees

221

ADAMN Financials

Annual income statement in USD. Latest reported periods first.

ADAMN annual income statement across FY2024, FY2023, FY2022, FY2021
LineFY2024FY2023FY2022FY2021
Revenue$0.00$0.00$0.00$0.00
Cost of Revenue$0.00$0.00$0.00$0.00
Gross Profit$0.00$0.00$0.00$0.00
Operating Income$0.00$0.00$0.00$0.00
Net Income-$93.95M-$77.80M-$340.65M$188.48M
EPS (Diluted)-$1.14-$0.99-$3.61$1.51

Total Assets

$9.22B

Total Debt

$0.00

Shareholders' Equity

$0.00

Cash & Equivalents

$167.42M

Operating Cash Flow

$14.07M

Free Cash Flow

$0.00

Adamas Trust, Inc Company Information

CEO & Director
Jason T. Serrano
Headquarters
90 Park Avenue, New York, NY, United States, 10016
Phone
212 792 0107
IPO / Founded
2017-10-06
Industry
REIT - Mortgage
Data Updated:

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