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$7.65 as of 2026-10-08 close
- Market cap$688M as of 2026-07-24 (share count; price 2026-10-08)
- 1-year return+10.9% 2025-10-08 close $6.90 → 2026-10-08 close $7.65
- P/E3.48 as of 2026-10-08
- ROE+10.4% FY2025, SEC XBRL
- Debt / equity7.69 as of 2026-09-03
- Revenue growth (YoY)+48.3% as of 2026-09-03
- Beta0.87 as of 2026-09-03
- Last reported earnings2026-07-29 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +12.1%; 2-year non-decreasing per-share dividend streak (SEC XBRL).
How ADAM compares in its sector
- price-to-earnings ratiobottom 10% 513 covered Financials peers, as of 2026-10-08
- return on equitymiddle range 559 covered Financials peers, as of 2026-09-03
- indicated dividend yieldtop 10% 468 covered Financials peers, as of 2026-09-03
- free cash flow (absolute dollars, latest fiscal year)middle range 430 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 9.5% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed above its 200-day average about 392 trading days ago — a "golden cross", a bullish long-term signal. A strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 49, with sellers in control. Momentum is beaten down — its 14-day RSI (a 0–100 momentum gauge) is 21, in oversold territory (below 30). It made a new 20-day low about 2 trading days ago. It is 26.2% below its highest point of the past year.
Trend
7
| Distance from the 200-day | it is trading 9.5% below its 200-day average, the long-term trend line — a long-term downtrend | -9.5% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $9.17 | $9.17 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $8.45 | $8.45 |
| Swing structure | each recent peak has been higher than the one before it and each dip has been shallower — the pattern chart-watchers call an uptrend, which describes where price has already been and not where it goes next | higher highs and higher lows |
| Last swing turn | its last significant turn was a swing low 37 calendar days ago — the swings before that are what the structure reading is measured on | 37 sessions |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 392 trading days ago — a "golden cross", a bullish long-term signal | 392 sessions |
| Trend strength (14-day ADX) | a strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 49, with sellers in control | 49.4 |
Momentum
3
| 14-day RSI | momentum is beaten down — its 14-day RSI (a 0–100 momentum gauge) is 21, in oversold territory (below 30) | 21.4 |
|---|---|---|
| Position in its 14-day range | it is trading near the bottom of its 14-day range ($7.39 to $9.05) — its "stochastic" reading is 16 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 climbing within that range over the last few sessions. | 15.7 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in negative territory (momentum leaning bearish) | 33 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 26.2% below its 52-week high (its highest price of the past year) | -26.2% |
| Above the 52-week low | it is 18.7% above its 52-week low (its lowest price of the past year) | +18.7% |
| Below the 52-week high | it is 26.2% below its highest point of the past year | 26.2% |
| Since a 20-day breakout | it made a new 20-day low about 2 trading days ago | 2 sessions |
| Since a 55-day breakout | it made a new 55-day low about 2 trading days ago | 2 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 well over two thirds of its rise from last year’s low — 71% 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. | 70.7% |
| From the all-time high | it is 98.3% below its all-time high | -98.3% |
| Nearest price level | it is trading 1.1% below a resistance level at $7.73 — a price it turned at six times since 2025-11-26, most recently on 2026-04-29. Since 2024-10-08 it has 8 such levels below the current price and 5 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +1.1% |
| 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 95.2% above its all-time low | +95.2% |
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 94% of the past ~6 months) | 94th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.2373 between its high and its low — about 3.1% 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 | $0.2373 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $7.19 and $9.44 — 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 | $7.19 – $8.31 – $9.44 |
| Typical daily range (% of price) | its price moves about 3.1% in a typical session — about typical for the 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 | 3.1% |
| Stretch from the 200-day average | it is trading 3.4 daily ranges below its 200-day average price (9.5% below 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 | 3.4 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 1.21× |
|---|
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
3
| Since a doji | 9 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 | 9 sessions ago |
|---|---|---|
| Since a hammer | 5 sessions ago, after a stretch of decline, it sold off hard during the session and then closed back near its high — a "hammer", the long lower wick showing the drop was bought back before the close | 5 sessions ago |
| Since a bullish engulfing | today it opened below the previous session's close and finished above that session's open — a "bullish engulfing" pair, where one up day more than undid the down day before it | today |
Price gaps
3
| Gap at the open | it opened on 2026-10-08 0.5% below 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 | -0.5% |
|---|---|---|
| Open gap | it gapped 2.8% below the previous close 12 sessions ago and has not traded back through the level it left behind at 8.92 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | -2.8% |
| Gap filled | a 5.4% gap up opened on 2026-07-30 has been "filled" 12 sessions ago — price traded back through the level the gap left behind, and it took 37 sessions to close | 12 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 lagged the market by 22.3 percentage points (the stock lost 21.2% while the market gained 1.0%) | -22.3% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 18.6 percentage points (the stock lost 14.8% while the market gained 3.8%) | -18.6% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 14.6 percentage points (the stock gained 2.8% while the market gained 17.5%) | -14.6% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 4.1 percentage points (the stock gained 10.9% while the market gained 15.0%) | -4.1% |
Signal agreement
2
| Bullish technical signals | 3 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, its RSI momentum gauge is oversold (a beaten-down reading), near the bottom of its 14-day range (oversold) — these describe past price behaviour, not a forecast | 3 of 9 |
|---|---|---|
| Bearish technical signals | 6 of the 9 technical signals we can compute for it are currently in a bearish state: trading below its 200-day average, a fresh 20-day low, MACD momentum is negative, a strong downtrend, with sellers in control, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 6 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 19% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-01 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is moderate, spanning 2.9% of the share price. | -19.0% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 11% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $8.62 — a volume-weighted average of daily closes over 183 sessions, not a true tick-by-tick VWAP. | -11.2% |
|---|---|---|
| Vs the average paid since it last reported | the price is 15% below the average price paid since it last reported on 2026-07-29 (its 8-K), so the typical buyer over that stretch is under water. That average is $9.01 — a volume-weighted average of daily closes over 51 sessions, not a true tick-by-tick VWAP. | -15.1% |
Price levels it has turned at before
ADAM last closed at $7.65 on 2026-10-08. Since 2024-10-08 it has turned at 8 prices below its last close and 5 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $7.73 | Resistance | 1.1% above the last close | turned there six times · 2025-11-26 to 2026-04-29 |
| $7.52 | Support | 1.7% below the last close | turned there three times · 2025-09-05 to 2025-12-18 |
| $7.09 | Support | 7.3% below the last close | turned there 12 times · 2025-02-27 to 2026-03-30 |
| $6.91 | Support | 9.7% below the last close | turned there four times · 2025-03-21 to 2025-11-19 |
| $8.55 | Resistance | 11.8% above the last close | turned there four times · 2026-02-19 to 2026-07-23 |
| $8.73 | Resistance | 14.1% above 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 2026-10-08.
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 below the 200-day moving average · Oversold (14-day RSI below 30) · Pulled back from the 12-month high · Broke down to a new 20-day low · lagging the market · Printed a bullish engulfing pair | Learn: moving average · golden cross · adx · rsi · breakout · fifty two week high low
Based on daily closing prices as of 2026-10-08. 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 2026-10-06. 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 2026-10-06
- Estimate change, 30 days$0.00 (0.0%) from $0.2919, on 2026-09-05, 31-day window
- Readings revised upward0% of 9 comparable readings
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 2026-07-31 against the prior one filed 2026-05-01.
Management's Discussion & Analysis (MD&A)
- Notes:
- The newer filing text appears truncated at 'excess mortgage s' and the older filing text appears truncated at the same point. The provided excerpts are identical up to the point where both texts cut off, so only the beginning portion of the MD&A (forward-looking statements and part of the Defined Terms section) could be compared. Other sections of the MD&A beyond this excerpt, if any exist, were not provided and therefore could not be compared.
Risk Factors
- Reworded:
- The date of the assets and liabilities used in the interest rate sensitivity analysis changed from March 31, 2026 to June 30, 2026.
- The base interest rate scenario date changed from March 31, 2026 to June 30, 2026.
- The estimated change in annualized adjusted net interest income for +200 basis points changed from $(141,023) to $(142,035).
- The estimated change in annualized adjusted net interest income for +100 basis points changed from $(70,491) to $(72,247).
- The estimated change in annualized adjusted net interest income for -100 basis points changed from $70,495 to $68,964.
- The estimated change in annualized adjusted net interest income for -200 basis points changed from $141,011 to $139,600.
- The page number preceding the Table of Contents changed from 135 to 150.
- Notes:
- The newer text appears truncated at the end ('residential loans held for sale,'). No changes beyond that truncation point can be assessed.
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 3,176,986 shares of reported short interest as of the 2026-09-15 FINRA settlement date (delayed, bi-monthly; not real-time).
ADAM had 3.53% of its shares outstanding sold short as of the 2026-09-15 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 4.16 days to cover at the same settlement.
- Reported short interest (shares) 3,176,986
- Short interest (% of shares outstanding) 3.53%
- Prior settlement (shares) 3,121,326
- Reported change 1.78%
- Days to cover (reported) 4.16
Reported to FINRA as of the 2026-09-15 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.
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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 12.12% and 2-year non-decreasing per-share dividend streak (SEC EDGAR XBRL) (market data, as of 2026-09-03). 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 in oversold territory (its 14-day RSI is 21, below 30) (as of 2026-10-08). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on ADAM come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest; prices are market data, as of 2026-09-03; 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: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.