Adamas Trust, Inc.·Real Estate

Here is how Adamas Trust (ADAM) and Accelerant Holdings (ARX) have performed compared to their sector so far this year.

Adamas Trust, Inc., formerly New York Mortgage Trust, offers high-yielding income options including common, preferred shares, and baby bonds. Net interest income has more than tripled year-over-year, driven by portfolio growth to nearly $11 billion and improved asset yields. Leverage has increased significantly, with recourse leverage rising from 3.4x to 5.2x, elevating interest rate and liquidity risks.

U.S. equity markets advanced for a fifth straight week - their longest winning streak since 2024 - as strong earnings, resilient data, and hopes for lasting Iran peace fueled optimism. Investors looked through another oil-price surge and inflationary pressure, focusing instead on corporate resilience and economic strength despite a complex macro backdrop shaped by geopolitical and policy uncertainty. The Fed held rates steady in an unusually fractured 8-4 vote, while Powell's plan to remain on the Board broke precedent and raised politically charged succession questions.

Adamas Trust (ADAM) came out with quarterly earnings of $0.29 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.2 per share a year ago.

NEW YORK, April 29, 2026 (GLOBE NEWSWIRE) -- Adamas Trust, Inc. (Nasdaq: ADAM) (“Adamas,” the “Company,” “we,” “our” or “us”) today reported results for the three months ended March 31, 2026. Financial Highlights: GAAP basic earnings per share of $0.41 Earnings available for distribution (or "EAD") (1) per common share of $0.29, up 45% year-over-year and 26% quarter-over-quarter, reflecting continued portfolio expansion and earnings momentum Quarterly economic return (2) of 6.35%; Quarterly economic return on adjusted book value (1)(2) of 3.76% Book value per share of $9.98, up 4.0% quarter-over-quarter Adjusted book value (1) per share of $10.80, up 1.6% quarter-over-quarter Total net interest income of $48.4 million, up 12.1% quarter-over-quarter; Total adjusted net interest income (1) of $48.2 million, up 3.9% quarter-over-quarter Declared first quarter common stock dividend of $0.23 per share, representing a 12.50% annualized yield (3) Cumulative stockholder return (4) of 4.06% for the quarter; 28.58% over the last twelve months Company Recourse Leverage Ratio of 5.2x; Portfolio Recourse Leverage Ratio of 4.9x Management Update To Our Stockholders Jason Serrano, Chief Executive Officer, commented: “Adamas delivered strong first quarter results, with continued growth in earnings and book value despite a volatile macro environment.

NEW YORK, April 15, 2026 (GLOBE NEWSWIRE) -- Adamas Trust, Inc. (Nasdaq: ADAM) (the “Company”) is scheduled to report financial results for the three months ended March 31, 2026 after the close of market on April 29, 2026. Adamas Trust's executive management will host a conference call and audio webcast at 9:00 a.m.
Adamas Trust, Inc. acquires, invests in, finances, and manages mortgage-related single-family and multi-family residential assets in the United States. The company's targeted residential loans, including business purpose loans; agency RMBS; non-agency residential mortgage-backed securities (RMBS); structured multi-family property investments, such as preferred equity in, and mezzanine loans to owners of multi-family properties; and other mortgage-, residential housing- and credit-related assets and strategic investments; and commercial mortgage-backed securities (CMBS). It also owns and manages single-family rental properties. The company qualifies as a real estate investment trust for federal income tax purposes. 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.
Real Estate
REIT - Mortgage
70
2025-09-03
1.26