ADAMAS INC TRUST (ADAM)
Financials · Mortgage REIT · NASDAQ
Adamas Trust is a mortgage REIT specializing in residential and multi-family loan investments and securitized mortgage assets.
What ADAMAS INC TRUST does
Adamas Trust, Inc. is a mortgage real estate investment trust (mREIT) that manages a portfolio of residential and multi-family loans, investment securities, and real estate assets. The company utilizes various financing structures, including repurchase agreements, warehouse facilities, and collateralized debt obligations, to manage its leveraged investments. Its operations include loan origination, mortgage banking activities, and direct investment in real estate properties.
Themes: mortgage REIT, residential lending, multi-family real estate, fixed income investing, leverage-based financing
Fundamentals
- Price$9.94 as of 2026-08-21 close
- Market cap$893M as of 2026-08-21
- 1-year return+44.1% 2025-08-21 close $6.90 → 2026-08-21 close $9.94
- P/E4.54 as of 2026-08-24
- Net margin+20.8% as of 2026-08-24
- Gross margin+39.2% as of 2026-08-24
- ROE+14.1% as of 2026-08-24
- Debt / equity7.69 as of 2026-08-24
- Revenue growth (YoY)+48.3% as of 2026-08-24
- Beta1.30 as of 2026-08-24
- Last reported earnings2026-07-29 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +14.0%; 2-year non-decreasing per-share dividend streak (SEC XBRL).
How ADAM compares in its sector
- price-to-earnings ratiobottom 10% 525 covered Financials peers, as of 2026-08-24
- net profit marginmiddle range 538 covered Financials peers, as of 2026-08-24
- operating marginmiddle range 534 covered Financials peers, as of 2026-08-24
- gross marginbottom 25% 176 covered Financials peers, as of 2026-08-24
- return on equitymiddle range 575 covered Financials peers, as of 2026-08-24
- indicated dividend yieldtop 10% 453 covered Financials peers, as of 2026-08-24
- free cash flow (absolute dollars, latest fiscal year)middle range 431 covered Financials peers, as of FY2025
Position among covered Financials companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Dividend coverage (FY2025)
Covered by reported results. In FY2025, ADAM's dividend was covered by reported results (earnings payout 51%, free-cash-flow payout 60%). This describes past coverage, not a forecast.
- Earnings payout51% dividends / net income
- Free-cash-flow payout60% dividends / (operating cash flow − capex)
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How ADAMAS INC TRUST looks technically
ADAMAS INC TRUST (ADAM) is trading 21.8% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 359 trading days ago — a "golden cross", a bullish long-term signal. A strong uptrend is in place — ADX, a 0–100 trend-strength gauge, is 33, with buyers in control. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 61, neither overbought (above 70) nor oversold (below 30). It made a new 20-day high about 9 trading days ago. It is 4.1% below its 52-week high (its highest price of the past year).
Trend
7
| Distance from the 200-day | it is trading 21.8% above its 200-day average, the long-term trend line — a longer-term uptrend | +21.8% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $9.32 | $9.32 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $8.16 | $8.16 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing high 10 calendar days ago — the swings before that are what the structure reading is measured on | 10 sessions |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 359 trading days ago — a "golden cross", a bullish long-term signal | 359 sessions |
| Trend strength (14-day ADX) | a strong uptrend is in place — ADX, a 0–100 trend-strength gauge, is 33, with buyers in control | 32.5 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 61, neither overbought (above 70) nor oversold (below 30) | 60.9 |
|---|---|---|
| Position in its 14-day range | it is trading in the upper half of its 14-day range ($9.34 to $10.36) — its "stochastic" reading is 59 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 59.0 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in positive territory (momentum leaning bullish) | 15 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $10.36 | $10.36 |
|---|---|---|
| From the 52-week high | it is 4.1% below its 52-week high (its highest price of the past year) | -4.0% |
| Above the 52-week low | it is 54.2% above its 52-week low (its lowest price of the past year) | +54.2% |
| Below the 52-week high | it is 4.1% below its highest point of the past year | 4.0% |
| Since a 20-day breakout | it made a new 20-day high about 9 trading days ago | 9 sessions |
| Since a 55-day breakout | it made a new 55-day high about 9 trading days ago | 9 sessions |
| All-time high | its highest closing price on record is $453.60 (set on 2004-12-31) | $453.60 |
| Given back of the 52-week move | over the past year its closes ranged ($6.58 to $10.23), and it has given back only a small part of its rise from last year’s low — 8% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $7.86 to $7.97. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 8.0% |
| From the all-time high | it is 97.8% below its all-time high | -97.8% |
| Nearest price level | it is trading 3.9% above a support level at $9.55 — a price it turned at twice since 2026-06-15, most recently on 2026-06-30. Since 2024-08-21 it has 13 such levels below the current price and 0 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -3.9% |
| All-time low | its lowest closing price on record is $3.92 (set on 2020-03-24) | $3.92 |
| Above the all-time low | it is 153.6% above its all-time low | +153.6% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are unusually wide versus its own recent history (wider than about 90% of the past ~6 months) | 90th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.2427 between its high and its low — about 2.4% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.2427 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $8.56 and $10.68 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $8.56 – $9.62 – $10.68 |
| Typical daily range (% of price) | its price moves about 2.4% in a typical session — calmer than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 2.4% |
| Stretch from the 200-day average | it is trading 7.3 daily ranges above its 200-day average price (21.8% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 7.3 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 1.55× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
1
| Since a doji | 2 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 2 sessions ago |
|---|
Price gaps
3
| Gap at the open | it opened on 2026-08-21 1.1% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | +1.1% |
|---|---|---|
| Open gap | it gapped 5.4% above the previous close 16 sessions ago and has not traded back through the level it left behind at 8.65 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | +5.4% |
| Gap filled | a 3.7% gap down opened on 2026-06-23 has been "filled" 42 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 42 sessions ago |
Price streaks
1
| Closing streak | it closed higher in its latest session, after a session that did not close higher — a single up day rather than a run | 1 session up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock beat the market by 10.0 percentage points (the stock gained 12.3% while the market gained 2.3%) | +10.0% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock beat the market by 8.8 percentage points (the stock gained 11.9% while the market gained 3.1%) | +8.8% |
| vs market, 6 months | over the past 6 months this stock beat the market by 11.0 percentage points (the stock gained 22.1% while the market gained 11.1%) | +11.1% |
| vs market, 12 months | over the past 12 months this stock beat the market by 23.6 percentage points (the stock gained 44.1% while the market gained 20.5%) | +23.6% |
Signal agreement
2
| Bullish technical signals | 6 of the 9 technical signals we can compute for it are currently in a bullish state: a strong uptrend, with buyers in control, a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, MACD momentum is positive, outperforming the market over 6 months, trading above the Ichimoku cloud — these describe past price behaviour, not a forecast | 6 of 9 |
|---|---|---|
| Bearish technical signals | 0 of the 9 technical signals we can compute for it are currently in a bearish state — these describe past price behaviour, not a forecast | 0 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 9.0% above the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the side traders read as an established uptrend, with the band below acting as the level that would have to give way. The band itself is moderate, spanning 4.9% of the share price. | +9.0% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 16% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $8.59 — a volume-weighted average of daily closes over 150 sessions, not a true tick-by-tick VWAP. | +15.7% |
|---|---|---|
| Vs the average paid since it last reported | the price is 3% above the average price paid since it last reported on 2026-07-29 (its 8-K), so the typical buyer over that stretch is showing a gain. That average is $9.68 — a volume-weighted average of daily closes over 18 sessions, not a true tick-by-tick VWAP. | +2.7% |
Price levels it has turned at before
ADAM last closed at $9.94 on 2026-08-21. Since 2024-08-21 it has turned at 13 prices below its last close and 0 above; the 3 nearest below are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $9.55 | Support | 3.9% below the last close | turned there twice · 2026-06-15 to 2026-06-30 |
| $9.33 | Support | 6.1% below the last close | turned there twice · 2026-04-30 to 2026-07-16 |
| $8.73 | Support | 12.2% below the last close | turned there twice · 2026-01-16 to 2026-01-28 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
No Elliott-wave labelling currently fits its swings: the recent highs and lows do not satisfy the three rules a five-wave count has to obey, so there is no count to show rather than a count we are unsure about.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · in a strong, established uptrend (ADX) · beating the market · Stretched far above its 200-day average (6+ daily ranges) · Trading above the Ichimoku cloud · Most technical signals bullish | Learn: moving average · golden cross · adx · rsi · breakout · fifty two week high low
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingHold (2.57 mean, 1=Strong Buy…5=Strong Sell) — 6 analysts
- Mean price target$12.13 range $9.50 – $24.00; median $9.88
Analyst estimates, as of 2026-08-24. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for ADAM
- Consensus EPS estimate$0.2919 next reporting period, as of 2026-08-24
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Sensitivity to interest rate fluctuations affecting the value of mortgage assets and financing costs.","Reliance on repurchase agreements and other short-term financing facilities which may be subject to margin calls or limited availability.","Credit risk associated with the residential and multi-family loan portfolios."]
What changed in the latest 10-Q
AI-assisted comparison of ADAM's 10-Q filed 2026-05-01 against the prior one filed 2025-11-04.
Management's Discussion & Analysis (MD&A)
- Added:
- Page number changed from 90 to 77 in the newer filing (2026-05-01)
- Removed:
- Definition of 'excess mortgage servicing spread' or 'excess MSR' present in older filing (2025-11-04) is not included in the newer filing (2026-05-01)
- Reworded:
- In the Agency RMBS definition, 'Governmental National Mortgage Association' in older filing (2025-11-04) changed to 'Government National Mortgage Association' in newer filing (2026-05-01)
- Notes:
- The newer filing text is truncated at 'excess mortgage s' while the older filing text is truncated at 'generally accepted acc', making a complete comparison of all defined terms impossible
- The difference in page numbers (77 vs 90) may reflect different document formatting or section reorganization rather than substantive content changes
Risk Factors
The two filings could not be meaningfully compared for this section.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
No open-market insider purchases or sales are on record for ADAM — recent Form 4 activity was compensation-related (awards, option exercises, or tax withholding), not open-market buying or selling.
View full insider trading history → View SEC Form 3/4/5 filingsOnly open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Short interest (FINRA)
ADAM had 2,946,071 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
ADAM had 3.28% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 3.3 days to cover at the same settlement.
- Reported short interest (shares) 2,946,071
- Short interest (% of shares outstanding) 3.28%
- Prior settlement (shares) 2,989,006
- Reported change -1.44%
- Days to cover (reported) 3.3
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Annaly Capital Management (NLY)
- AGNC Investment Corp. (AGNC)
- Starwood Property Trust (STWD)
- Blackstone Mortgage Trust (BXMT)
- KKR Real Estate Finance Trust (KREF)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare ADAM vs…
ADAM ranks in…
Frequently asked questions
What does ADAMAS INC TRUST (ADAM) do?
Adamas Trust, Inc. is a mortgage real estate investment trust (mREIT) that manages a portfolio of residential and multi-family loans, investment securities, and real estate assets. The company utilizes various financing structures, including repurchase agreements, warehouse facilities, and collateralized debt obligations, to manage its leveraged investments. Its operations include loan origination, mortgage banking activities, and direct investment in real estate properties.
What sector is ADAMAS INC TRUST (ADAM) in?
ADAMAS INC TRUST (ADAM) is classified in the Financials sector. Its industry is Mortgage REIT. It trades on NASDAQ.
Does ADAM pay a dividend?
Yes — ADAMAS INC TRUST (ADAM) pays a dividend, with an indicated yield of about 14.04% and 2-year non-decreasing per-share dividend streak (SEC EDGAR XBRL) (market data, as of 2026-08-24). Informational only — not financial advice.
Who are ADAMAS INC TRUST's (ADAM) competitors?
Notable peers of ADAMAS INC TRUST (ADAM) include Annaly Capital Management, AGNC Investment Corp., Starwood Property Trust, Blackstone Mortgage Trust and KKR Real Estate Finance Trust. This peer set is informational only — not financial advice.
Is ADAMAS INC TRUST (ADAM) overbought or oversold right now?
ADAMAS INC TRUST (ADAM) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 61, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on ADAM come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.