Adamas Trust, Inc. (Nasdaq: ADAM), formerly known as New York Mortgage Trust, is an internally managed real estate investment trust (REIT) focused on strategically deploying capital across complementary businesses to generate durable earnings and long-term value for stockholders. The company invests in single-family Agency RMBS (representing approximately 61% of its $11.7 billion investment portfolio), single-family credit assets including business purpose rental loans (BPL-Rental) and bridge loans (BPL-Bridge), performing and re-performing residential loans, non-Agency RMBS, single-family rental properties, and multi-family mezzanine lending investments. Adamas operates Constructive Loans, LLC, a wholly-owned national origination platform for business purpose loans that has originated over $6.9 billion since its 2017 inception. The company finances its portfolio through repurchase agreements, warehouse facilities, securitizations, senior unsecured notes, and subordinated debentures, and has declared over $1.5 billion in cumulative common stock dividends since June 2004. Updated
Mortgage REITs are flashing double-digit yields right now, but for some of the biggest names in the sector, those payouts have been quietly funded by eroding the very principal they promised to…
Created in 1974, the Wilshire 5000 Index was intended to be a market-weighted index of the combined NYSE, NASDAQ, and American Stock Exchange (since merged with NASDAQ in 1998). The “5,000” represents…
24/7 Wall Street Insights NASDAQ was founded in 1971 as an automated quote stock exchange alternative to the New York Stock Exchange, and now has more listings than the NYSE. China’s announcement…
Recognizing that one day “Magnificent 7” stocks like Apple were once small cap stocks (those with market caps between $250 million and $2 billion), FTSE Russell, a subsidiary of the London Stock…
These five stocks trading under $10 come with ultra-high-yield dividends and could offer patient investors enormous returns for the rest of 2024 and beyond.
24/7 Wall Street Insights Retirees and near retirees face particular risks from inflation, since many are on fixed incomes that have no COLA increase factor. Although retirees often cannot return to the…
Investors love dividend stocks because they provide dependable income and give investors a great opportunity for solid total return. Total return includes interest, capital gains, dividends, and distributions realized over time. In…
Thursday's top analyst upgrades and downgrades included Caesars Entertainment, Chevron, Exact Sciences, Exxon Mobil, Gap, Ginkgo Bioworks, Home Depot, New York Mortgage Trust, Novavax, NOV and SoFi Technologies.
Wednesday's top analyst upgrades and downgrades included DraftKings, Dollar General, Hewlett Packard Enterprise, Novavax, Rackspace, Unity Software and Weyerhaeuser.
Wednesday's top analyst calls included Apple, CenturyLink, Charles Schwab, Coca-Cola, Dow, Facebook, Gilead Sciences, Intel, Medtronic, Square, TJX and Under Armour.
Adamas Trust, Inc. (Nasdaq: ADAM), formerly known as New York Mortgage Trust, is an internally managed real estate investment trust (REIT) focused on strategically deploying capital across complementary businesses to generate durable earnings and long-term value for stockholders.