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0 0 0.010216346153846 -0.00906250000000002 -0.0348557692307691 -0.046875 -0.0463221153846154 -0.0426682692307692
Stock impact report

Adamas Trust (ADAM) Stock Outlook Supported by Increasing Agency RMBS Exposure [Yahoo! Finance]

Adamas Trust, Inc. (ADAM) 
Company Research Source: Yahoo! Finance
Riley started coverage of Adamas Trust, Inc. (NASDAQ:ADAM) with a Buy rating and a $9 price target. The firm emphasized Adamas Trust's portfolio composition adjustment to 63% Agency RMBS, implying that the growing percentage of agency RMBS assets should demand a higher multiple and premium above the peer group. B. Riley issued forward adjusted EPS expectations of $0.90 for FY25, $1.00 for FY26, and $1.15 for FY27, noting overall expansion in the opening three quarters of 2025 and higher mortgage acquisitions and lending. B. Riley expressed optimism that Adamas Trust, Inc. (NASDAQ:ADAM) shares will trade closer to GAAP book value as Constructive's origination volumes increase, the overall exposure to agency RMBS remains unchanged, while the quarterly dividend of $0.23 appears covered. Adamas Trust, Inc. (NASDAQ:ADAM) is an internally managed REIT for federal income tax purposes in the United States. Its primary activity is to acquire, invest in, finance, and manage mortgage-relat Show less Read more
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