Adamas Trust (NASDAQ:ADAM) Reaches New 12-Month High – Here’s What Happened

Adamas Trust, Inc. (NASDAQ:ADAM) reached a new 52-week high on Friday . The company traded as high as $9.32 and last traded at $8.98, with a volume of 3510262 shares traded. The stock had previously closed at $7.75.

Adamas Trust News Roundup

Here are the key news stories impacting Adamas Trust this week:

• Positive Sentiment: Q1 beats — ADAM reported EPS of $0.29 (vs. $0.24 est.) and revenue of $48.4M (vs. $40.0M est.), signaling stronger earnings and margin performance that underpin the rally. Adamas Trust (ADAM) Q1 Earnings and Revenues Top Estimates
• Positive Sentiment: Book value and dividend lift — adjusted book value rose to $10.80 and book value per share to $9.98; company declared a $0.23 quarterly dividend (≈12.5% annualized yield), boosting income-oriented investor appeal. Adamas Trust, Inc. Reports First Quarter 2026 Results
• Positive Sentiment: Market reaction and volume — multiple outlets note the stock surged on the results, with intraday volume well above average, reflecting strong investor demand on the earnings news. Adamas Trust stock surges after Q1 earnings beat and book value rises
• Neutral Sentiment: B. Riley stance — the firm has a “neutral” rating with a $9.50 price target (roughly mid-single-digit upside from current levels), which signals limited analyst-driven upside despite the beat. The Fly
• Neutral Sentiment: Company metrics — management highlighted quarterly economic return, rising net interest income and strong ROE/net margin, supporting the case for continued earnings momentum but subject to portfolio/leverage dynamics. Adamas Trust, Inc. Reports First Quarter 2026 Results
• Negative Sentiment: Analyst framing/caution — some headlines describe B. Riley’s action as a downgrade or cautious stance despite the “blowout” earnings, which can temper momentum and cap near-term gains if other analysts follow suit. Adamas Trust downgraded at B Riley Securities despite blowout earnings

Analyst Ratings Changes

A number of brokerages recently commented on ADAM. B. Riley Financial reissued a “neutral” rating and set a $9.50 price target on shares of Adamas Trust in a research note on Thursday. Weiss Ratings upgraded Adamas Trust from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, April 24th. JonesTrading increased their price target on Adamas Trust from $7.50 to $9.50 and gave the stock a “buy” rating in a report on Friday, February 20th. Finally, Keefe, Bruyette & Woods raised their price objective on Adamas Trust from $8.25 to $9.00 and gave the stock a “market perform” rating in a report on Friday, February 20th. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $9.33.

Adamas Trust Trading Up 15.9%

The company has a debt-to-equity ratio of 12.03, a quick ratio of 14.17 and a current ratio of 14.16. The company has a market capitalization of $806.94 million, a price-to-earnings ratio of 7.68 and a beta of 1.08. The stock’s 50-day simple moving average is $7.83.

Adamas Trust (NASDAQ:ADAM) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.05. The firm had revenue of $48.41 million during the quarter, compared to analysts’ expectations of $40.00 million. Adamas Trust had a return on equity of 14.51% and a net margin of 24.14%. Research analysts predict that Adamas Trust, Inc. will post 1 earnings per share for the current fiscal year.

Adamas Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 28th. Stockholders of record on Monday, March 30th were given a $0.23 dividend. The ex-dividend date of this dividend was Monday, March 30th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 10.2%. Adamas Trust’s dividend payout ratio (DPR) is presently 83.64%.

Institutional Trading of Adamas Trust

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ADAM. Nisa Investment Advisors LLC acquired a new stake in Adamas Trust during the 4th quarter worth about $65,000. Yousif Capital Management LLC purchased a new position in shares of Adamas Trust during the 4th quarter valued at about $166,000. State of Alaska Department of Revenue purchased a new position in shares of Adamas Trust in the 4th quarter valued at about $307,000. CWM LLC purchased a new position in shares of Adamas Trust in the 4th quarter valued at about $73,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in shares of Adamas Trust in the 4th quarter valued at about $127,000. Institutional investors and hedge funds own 54.89% of the company’s stock.

Adamas Trust Company Profile

New York Mortgage Trust, Inc acquires, invests in, finances, and manages mortgage-related single-family and multi-family residential assets in the United States. Its targeted investments include residential loans, second mortgages, and business purpose loans; structured multi-family property investments, such as preferred equity in, and mezzanine loans to owners of multi-family properties, as well as joint venture equity investments in multi-family properties; non-agency residential mortgage-backed securities (RMBS); agency RMBS; commercial mortgage-backed securities (CMBS); and other mortgage, residential housing, and credit-related assets.