Recent Updates — ADAMZ
Adamas Trust reported a GAAP basic loss per share of $1.89 for the third quarter ended September 30, 2026, driven by unrealized losses on Agency mortgage securities amid rising interest rates and volatility. Earnings available for distribution (EAD) per common share were $0.30, up 25% year-over-year, covering a newly increased quarterly dividend of $0.30 per share. The company acquired $1.6 billion in new single-family residential investments and issued $90 million of 9.600% Senior Notes due 2031. Book value per share declined 21.9% quarter-over-quarter to $7.93, while adjusted book value fell 19.6% to $8.88. Adamas Trust is an internally managed real estate investment trust focused on deploying capital across complementary businesses in the mortgage and credit markets.
Adamas Trust, Inc. declared quarterly cash dividends for its Series D, E, F, and G preferred stocks covering the period ending October 14, 2026. The Board set per-share dividend amounts at $0.50 for Series D, $0.6672255 for Series E, $0.4296875 for Series F, and $0.4375 for Series G. The record date is October 1, 2026, with payments scheduled for October 15, 2026. Adamas Trust, Inc. operates as an internally managed real estate investment trust focused on deploying capital across complementary businesses to generate durable earnings through disciplined portfolio management.
On August 14, 2026, Adamas Trust, Inc. completed the issuance and sale of $90 million aggregate principal amount of its 9.600% Senior Notes due 2031 in a public offering. The notes bear interest payable quarterly in arrears on January 1, April 1, July 1, and October 1, beginning October 1, 2026, with maturity on October 1, 2031. Net proceeds are expected to be approximately $86.6 million after deducting underwriting discounts and offering expenses. The company intends to use the net proceeds for general corporate purposes, which may include acquiring targeted assets or repaying existing indebtedness. Adamas Trust, Inc. operates in the real estate investment trust (REIT) industry, specifically focusing on mortgage REITs.
On August 11, 2026, Adamas Trust, Inc. entered into an underwriting agreement to sell $90 million aggregate principal amount of its 9.600% Senior Notes due 2031. The company granted the underwriters a 30-day option to purchase up to an additional $13.5 million in notes to cover over-allotments. The offering is expected to close on August 14, 2026, subject to customary conditions. Adamas Trust, Inc. operates as a real estate investment trust that invests in and manages commercial real estate assets.
Adamas Trust, Inc.'s Board declared a regular quarterly cash dividend of $0.30 per share on its common stock for the quarter ending September 30, 2026. This represents an 11.1% increase from the previous quarter's $0.27 per share payout. The dividend is payable on October 28, 2026 to shareholders of record as of the close of business on September 22, 2026. CEO Jason Serrano stated that the increase reflects continued earnings strength and confidence in the company's financial position. Adamas Trust, Inc. operates as an internally managed real estate investment trust (REIT) focused on deploying capital across complementary businesses to generate durable earnings through disciplined portfolio management.
Adamas Trust, Inc. reported second quarter 2026 results on July 29, 2026, posting GAAP basic earnings per share of $0.48 and Earnings Available for Distribution (EAD) per common share of $0.30, a 36.4% year-over-year increase. The company declared a quarterly common stock dividend of $0.27 per share, representing a 17.4% increase from the prior quarter. Book value per share rose 1.8% to $10.16, while adjusted book value increased 2.3% to $11.05. Total net interest income reached $50.2 million, up 3.7% sequentially. The firm acquired $1.5 billion in new single-family residential investments and issued $521.2 million in BPL-Rental securitizations. Adamas Trust, Inc. is an internally managed real estate investment trust focused on deploying capital across complementary businesses to generate durable earnings through disciplined portfolio management.