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ADAML

Adamas Trust 6.875% Series F Preferred Stock
ADAML

23.93 USD
-0.23
0.95%
At close Updated Oct 8, 11:47 AM EDT
1 day
-0.95%
5 days
-2.84%
1 month
-4.2%
3 months
-1.68%
6 months
3.1%
Year to date
5.19%
1 year
7.99%
5 years
-3.2%
10 years
-4.39%
 

About: Adamas Trust Inc is an internally-managed REIT for U.S. federal income tax purposes, in the business of acquiring, investing in, financing, and managing mainly mortgage-related single-family and multi-family residential assets. Its objective is to deliver long-term stable distributions to its stockholders over changing economic conditions through a combination of net interest spread and capital gains from a diversified investment portfolio. The company's investment portfolio includes credit-sensitive single-family and multi-family assets.

Employees: 221

News

Positive
Neutral
Negative
Sentiment 3-Months
Positive 0%
Neutral 50%
Negative 50%
Negative
Seeking Alpha
8 days ago
Adamas Trust: Why I Prefer The Preferred Shares To The Common Stock
Rising rates could reduce Adamas Trust's net interest income and book value, while its leveraged agency mortgage portfolio adds exposure if spreads widen. Growing business-purpose rental loans offer an offset, with a 7.00% average coupon on the held portfolio and improving earnings available for distribution. Adamas Trust, Inc. trades below its historical P/B multiple, but its valuation relative to mortgage REIT peers is less compelling.
Adamas Trust: Why I Prefer The Preferred Shares To The Common Stock
Neutral
Seeking Alpha
2 months ago
ADAML Vs. ADAMI: Comparing Adamas Trust PFD And Note
Adamas Trust, Inc. offers both preferred stock, ADAML, and senior notes, ADAMI, each with similar call dates for investor consideration. ADAM operates as a diversified mREIT, investing in residential and multi-family mortgage assets, agency and non-agency RMBS, and CMBS.  The portfolio targets both credit-sensitive and distressed market assets. ADAML earns a Buy rating, supported by a potential 9.8% floating coupon and a 17.8% annualized return if called, despite low coverage ratios.
ADAML Vs. ADAMI: Comparing Adamas Trust PFD And Note
Positive
Seeking Alpha
3 months ago
Defensive +9% Yields In The Face Of Interest Rate Uncertainty
You can read all the published reports on inflation, jobs and guess what the Fed will do next. Or you could collect a rich income stream, no matter where interest rates are headed. We choose the latter, and are cash collectors across market conditions.
Defensive +9% Yields In The Face Of Interest Rate Uncertainty
Neutral
Seeking Alpha
5 months ago
Adamas Trust, Inc. (ADAM) Q1 2026 Earnings Call Transcript
Adamas Trust, Inc. (ADAM) Q1 2026 Earnings Call Transcript
Adamas Trust, Inc. (ADAM) Q1 2026 Earnings Call Transcript
Neutral
Seeking Alpha
7 months ago
Adamas Trust, Inc. (ADAM) Q4 2025 Earnings Call Transcript
Adamas Trust, Inc. (ADAM) Q4 2025 Earnings Call Transcript
Adamas Trust, Inc. (ADAM) Q4 2025 Earnings Call Transcript
Neutral
Seeking Alpha
8 months ago
Adamas Trust: Mortgage REIT Preferred Share Floating At 10.8% Yield
Adamas Trust (ADAM) offers a compelling 10.8% yield on its ADAMM preferred shares, standing out among its nine income options. Despite steady net interest income growth and expanding the investment portfolio, ADAM faces heightened leverage and liquidity risks if rates rise. I remain cautious on ADAM common shares due to persistent book value declines and a history of dividend cuts.
Adamas Trust: Mortgage REIT Preferred Share Floating At 10.8% Yield
Neutral
Seeking Alpha
11 months ago
Adamas Trust, Inc. (ADAM) Q3 2025 Earnings Call Transcript
Adamas Trust, Inc. ( ADAM ) Q3 2025 Earnings Call October 30, 2025 9:00 AM EDT Company Participants Kristi Mussallem Jason Serrano - CEO & Director Kristine Nario - Secretary, CFO & Principal Accounting Officer Nicholas Mah - President Conference Call Participants Bose George - Keefe, Bruyette, & Woods, Inc., Research Division Jason Weaver - JonesTrading Institutional Services, LLC, Research Division Presentation Operator " Kristi Mussallem " Jason Serrano CEO & Director " Kristine Nario Secretary, CFO & Principal Accounting Officer " Nicholas Mah President " Bose George Keefe, Bruyette, & Woods, Inc., Research Division " Keefe, Bruyette, & Woods, Inc., Research Division Jason Weaver JonesTrading Institutional Services, LLC, Research Division " JonesTrading Institutional Services, LLC, Research Division [":p id="A00"name="Unknown Analyst" type="A" />" Operator Good morning, ladies and gentlemen, and thank you for standing by. Welcome to the Adamas Trust Third Quarter 2025 Results Conference Call.
Adamas Trust, Inc. (ADAM) Q3 2025 Earnings Call Transcript
Positive
Seeking Alpha
11 months ago
Preferreds: Performance, Outlook And Opportunities
Preferreds offer attractive post-tax yields and favorable tax treatment compared to corporate bonds, making them appealing income assets for investors. Active ETFs like FPE and FPEI, and select CEFs such as PFO and FFC, have outperformed passive ETFs, which struggle with high fees and index-related inefficiencies. Individual preferreds allow for targeted interest rate exposure, relative value opportunities, and avoidance of fund management fees.
Preferreds: Performance, Outlook And Opportunities
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