Skip to content
Screener
New York Mortgage Trust logo

New York Mortgage Trust

ADAM

Adamas Trust, Inc. is an internally-managed real estate investment trust (REIT) focused on investing in and managing a diversified portfolio of residential mortgage-related assets.

Market cap
$648.39M+4.1%
Revenue$698.4M+27.1%
Net income-$1.8M-103%
EPS (diluted)-$0.57-400%
Trailing twelve months · change vs. prior year

Earnings

Next report

Date not yet announced

Financials

Q3 2026

Income statement

See full
Revenue$181.2M+12.8%
Operating income-$162.2M-511%
Net income-$159.1M-455%
EPS (diluted)-$1.89-625%

Balance sheet

See full
Cash & equivalents$262.4M-11.9%
Total debt$279.1M-68.9%
Total equity$1.3B-8.2%
Total assets$13.5B+9.0%

Valuation & ratios

Valuation

See full
Market cap$648.39M+4.1%
Enterprise value$665.12M-44.3%
P/S0.9×-0.2×

Profitability

See full
Operating margin4.9%-4.2pp
Net margin-0.3%-11.9pp

Returns & leverage

See full
Return on equity-0.1%-4.7pp
Debt / equity0.2×-0.4×

Competitors

Profile

Adamas Trust, Inc. is an internally-managed real estate investment trust (REIT) focused on investing in and managing a diversified portfolio of residential mortgage-related assets. The company strategically deploys capital across credit-sensitive single-family and multi-family assets, as well as Agency RMBS, to generate durable earnings and long-term value. Through its operating platform, the company also originates business-purpose loans for residential real estate investors, integrating loan production with its investment strategy.

Competitive position

Adamas positions itself as a flexible capital provider with a proprietary sourcing channel through its wholly-owned origination platform, allowing it to pivot between liquid Agency assets and higher-yield credit assets.

GeographiesUnited States
Customer segmentsReal Estate Investors, Financial Institutions, Government-Sponsored Enterprises
Business modelInvestment Management, Loan Origination, Asset Securitization
SuppliersGovernment-Sponsored Enterprises (Fannie Mae, Freddie Mac), Warehouse Financing Providers, Repurchase Agreement Counterparties, Third-party Subservicers
CustomersResidential Real Estate Investors, Institutional Investors, Public Housing Agencies
Listed2004
Employees70.0
CEOJason Thomas Serrano
FilingsSEC EDGAR

FAQ

What is New York Mortgage Trust's market cap?
New York Mortgage Trust (ADAM) has a market capitalization of $648.4M and trades on NASDAQ.
What is New York Mortgage Trust's revenue and profitability?
New York Mortgage Trust generated $698.4M in trailing twelve-month revenue with a net loss of $1.8M, representing a net margin of -0.3%. The latest reported period is Q3 2026.
Who are New York Mortgage Trust's competitors?
New York Mortgage Trust's key competitors include Rithm Capital Corp., AGNC Investment Corp., Arbor Realty Trust, Inc., and others. These companies compete in similar markets and product categories.
Who does New York Mortgage Trust partner with?
New York Mortgage Trust's notable partners include Fannie Mae, Freddie Mac, Ginnie Mae.
What subsidiaries does New York Mortgage Trust have?
New York Mortgage Trust's subsidiaries include Constructive Loans, LLC.
Where is New York Mortgage Trust headquartered?
New York Mortgage Trust is headquartered in United States of America and employs approximately 70 people. It has been publicly traded since 2004.