Keefe, Bruyette & Woods Raises Adamas Trust (NASDAQ:ADAM) Price Target to $9.00

Adamas Trust (NASDAQ:ADAM) had its target price increased by equities researchers at Keefe, Bruyette & Woods from $8.25 to $9.00 in a research report issued on Friday,Benzinga reports. The firm presently has a “market perform” rating on the stock. Keefe, Bruyette & Woods’ price target indicates a potential upside of 10.57% from the company’s previous close.

A number of other equities research analysts have also recently issued reports on ADAM. Weiss Ratings initiated coverage on shares of Adamas Trust in a report on Wednesday, January 14th. They set a “hold (c-)” rating on the stock. JonesTrading increased their price objective on Adamas Trust from $7.50 to $9.50 and gave the stock a “buy” rating in a report on Friday. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $9.25.

Adamas Trust Stock Performance

Shares of ADAM stock opened at $8.14 on Friday. Adamas Trust has a 12-month low of $5.01 and a 12-month high of $8.76. The company has a quick ratio of 12.43, a current ratio of 14.16 and a debt-to-equity ratio of 12.03. The company has a market cap of $735.11 million, a PE ratio of 7.40 and a beta of 1.12.

Adamas Trust (NASDAQ:ADAM) last released its earnings results on Wednesday, February 18th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.01). Adamas Trust had a return on equity of 13.52% and a net margin of 24.76%.The firm had revenue of $39.88 million during the quarter.

Institutional Trading of Adamas Trust

Several institutional investors and hedge funds have recently modified their holdings of ADAM. Invesco Ltd. purchased a new position in shares of Adamas Trust in the 4th quarter valued at approximately $23,172,000. Mercer Global Advisors Inc. ADV bought a new stake in Adamas Trust during the fourth quarter valued at approximately $84,000. Vident Advisory LLC bought a new stake in Adamas Trust during the fourth quarter valued at about $226,000. State of Tennessee Department of Treasury purchased a new stake in shares of Adamas Trust in the fourth quarter worth $232,000. Finally, VARCOV Co. purchased a new position in Adamas Trust in the 4th quarter worth approximately $377,000. Hedge funds and other institutional investors own 54.89% of the company’s stock.

Key Stories Impacting Adamas Trust

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

• Positive Sentiment: Analysts raised targets — Keefe, Bruyette & Woods lifted its price target to $9.00 (market perform) and JonesTrading raised its target to $9.50 (buy), signaling analyst support and potential upside from current levels. Benzinga
• Positive Sentiment: Portfolio strategy update: Adamas plans to target a 60%–70% equity allocation to Agency RMBS in 2026, which management frames as a constructive move to enhance yield and stability in the portfolio — this strategic shift may be viewed favorably by income‑oriented investors. Seeking Alpha article
• Neutral Sentiment: Q4 2025 earnings call and presentation released — management highlighted strong earnings growth and provided the investor presentation; these materials give detail on performance and outlook but contain mixed signals. Yahoo Finance earnings call summary Seeking Alpha presentation
• Neutral Sentiment: Short‑interest reports show anomalous data (reports list a large increase but record 0 shares and NaN changes). The figures appear unreliable and do not provide clear evidence of rising short pressure at this time.
• Negative Sentiment: Small earnings miss: ADAM reported Q4 EPS of $0.23 versus a $0.24 consensus (a $0.01 miss). Although revenue ($160M) and margins were solid, the EPS miss likely contributed to muted investor reaction and the share decline. Yahoo Finance highlights

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.