
ADAMN — Adamas Trust, Inc
NASDAQ · Real Estate · REIT - Mortgage
$25.10
+$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
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.
| Line | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|
| 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
- Website
- www.adamasreit.com
- Phone
- 212 792 0107
- IPO / Founded
- 2017-10-06
- Sector
- Real Estate
- Industry
- REIT - Mortgage