B.Riley has initiated coverage on Adamas Trust, Inc. (NASDAQ:ADAM) with a Buy rating and a $9.00 price target, citing the company's shift to 63% Agency RMBS and expected growth in mortgage acquisitions. The investment firm projects adjusted EPS of $0.90 for FY25, $1.00 for FY26, and $1.15 for FY27, believing the stock can trade closer to its GAAP book value. Adamas Trust recently reported strong Q3 2025 earnings with a sixth consecutive quarterly EPS increase and a 47% rise in adjusted net interest income, maintaining a quarterly dividend of $0.23 per share.
ADAMAS TRUST INC. will go ex-dividend on December 31st, 2025, offering a 0.5 USD dividend per share. Shareholders of record on January 1st, 2026, will receive the dividend on January 15th, 2026. This announcement includes a brief explanation of cash and stock dividends.
NEW YORK, Oct. 29, 2025 ( GLOBE NEWSWIRE ) -- Adamas Trust, Inc. ( Nasdaq: ADAM ) ( "Adamas," the "Company," "we," "our" or "us" ) today reported results for the three and nine months ended September 30, 2025.
