NKZ0 Stock Chart & Stats
€8.30
-€0.15(-1.97%)
At close: 4:00 PM EDT
€8.30
-€0.15(-1.97%)
Day’s Range― - ―
52-Week Range€5.55 - €8.75
Previous CloseN/A
Volume0.00
Average Volume (3M)6.00
Market Cap
€602.58M
Enterprise Value€12.42B
Total Cash (Recent Filing)€212.31M
Total Debt (Recent Filing)€11.32B
Price to Earnings (P/E)4.3
Beta0.59
Next Earnings
Oct 28, 2026EPS Estimate
0.19Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.71
Shares Outstanding89,879,780
10 Day Avg. Volume0
30 Day Avg. Volume6
Financial Highlights & Ratios
PEG Ratio-0.03
Price to Book (P/B)0.46
Price to Sales (P/S)0.82
P/FCF Ratio5.24
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€8.59Price Target Upside3.52% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
EPS Forecast (FY)1.16
Revenue Forecast (FY)€252.45M
Bulls Say, Bears Say
Bulls Say
Recurring Earnings GrowthEAD growth above the dividend indicates that current recurring earnings provide distribution coverage rather than relying solely on asset appreciation. If maintained, this supports more stable shareholder returns and gives management greater capacity to reinvest while preserving financial flexibility.
Portfolio ExpansionA materially larger portfolio can expand the base of interest-generating assets and improve operating scale. The combination of agency and residential-credit investments also shows an established platform capable of deploying capital across complementary assets, supporting longer-term earnings growth.
Liquidity And Funding AccessCompleted securitizations and expanded warehouse capacity demonstrate continuing access to funding for portfolio growth. Approximately $400 million of total liquidity and $182 million of cash provide resources to meet obligations, manage timing differences, and pursue investments over the coming quarters.
Bears Say
High LeverageLeverage at this level can magnify returns when assets perform well, but it also increases exposure to funding costs and asset-value declines. High debt relative to equity leaves less balance-sheet cushion and can constrain capital allocation when market conditions or financing availability deteriorate.
Rate And Funding SensitivityHigher funding costs directly pressure spreads, while rising rates can reduce the value of mortgage assets and increase mark-to-market volatility. The combination of expensive securitizations and elevated agency leverage makes earnings and book value more sensitive to persistent changes in rates and credit-market conditions.
Volatile Earnings HistoryThe recent profitability recovery is not yet supported by a consistently expanding revenue base. Prior losses and a roughly 12% TTM revenue decline show that results can vary substantially across the cycle, making future earnings, distributions, and capital planning less predictable.
Adamas Trust News
NKZ0 FAQ
What was Adamas Trust’s price range in the past 12 months?
Adamas Trust lowest stock price was €5.55 and its highest was €8.75 in the past 12 months.
What is Adamas Trust’s market cap?
Adamas Trust’s market cap is €602.58M.
When is Adamas Trust’s upcoming earnings report date?
Adamas Trust’s upcoming earnings report date is Oct 28, 2026 which is in 5 days.
How were Adamas Trust’s earnings last quarter?
Adamas Trust released its earnings results on Jul 29, 2026. The company reported €0.419 earnings per share for the quarter, beating the consensus estimate of €0.213 by €0.206.
Is Adamas Trust overvalued?
According to Wall Street analysts Adamas Trust’s price is currently Undervalued.
Does Adamas Trust pay dividends?
Adamas Trust does not currently pay dividends.
What is Adamas Trust’s EPS estimate?
Adamas Trust’s EPS estimate is 0.19.
How many shares outstanding does Adamas Trust have?
Adamas Trust has 89,879,780 shares outstanding.
What happened to Adamas Trust’s price movement after its last earnings report?
Adamas Trust reported an EPS of €0.419 in its last earnings report, beating expectations of €0.213. Following the earnings report the stock price went down -0.663%.
Which hedge fund is a major shareholder of Adamas Trust?
Currently, no hedge funds are holding shares in DE:NKZ0
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Adamas Trust Stock Smart Score
Neutral
1
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5
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7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
€8.59 (3.52% Upside)
€8.59 (3.52% Upside)
Blogger Sentiment
Bullish
DE:NKZ0 Sentiment 75%
Sector Average 63%
Sector Average 63%
Technicals
SMA
Negative
20 days / 200 days
Momentum
25.75%
12-Months-Change
Fundamentals
Return on Equity
14.08%
Trailing 12-Months
Asset Growth
22.85%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Adamas Trust
Adamas Trust, Inc. is a U.S.-based entity primarily focused on the acquisition, investment, financing, and management of assets connected to single-family and multi-family residential mortgages. Its diverse portfolio includes targeted residential loans (which cover business purpose loans), agency and non-agency residential mortgage-backed securities (RMBS), structured multi-family property investments like preferred equity and mezzanine loans to property owners, and other assets related to mortgages, housing, and credit, along with strategic investments and commercial mortgage-backed securities (CMBS). Furthermore, the company extends its operations to owning and managing single-family rental properties. Qualifying as a Real Estate Investment Trust (REIT) for federal income tax purposes, Adamas Trust avoids federal corporate income taxes, provided it distributes a minimum of 90% of its taxable earnings to its stockholders. Established in 2003, the company's headquarters are located in New York, New York. It was formerly known as New York Mortgage Trust, Inc. until it officially changed its name to Adamas Trust, Inc. in September 2025.
NKZ0 Company Deck
NKZ0 Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call communicated strong operational and financial progress—notably robust earnings growth (EAD +36% YoY), continued book value expansion, meaningful portfolio growth (+36% YoY to $11.7B) and record BPL purchases—while acknowledging short-term rate-driven mark-to-market pressure (QTD adjusted book value down ~2.3%), modest unrealized portfolio losses, higher funding costs on recent deals, and constructive's ROE below target. On balance, the positives from diversified recurring earnings, hedging gains, liquidity and capital actions outweigh the transitory challenges tied to market volatility.View all DE:NKZ0 earnings summariesNKZ0 Stock 12 Month Forecast
Average Price Target
€8.59
▲(3.52% Upside)
Technical Analysis
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