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Stock impact report

How The Adamas Trust (ADAM) Narrative Is Shifting Around Book Value And Execution Risk [Yahoo! Finance]

Adamas Trust, Inc. - 7.000% Series G Cumulative Redeemable Preferred Stock, $0.01 par value per share (ADAMZ) 
Company Research Source: Yahoo! Finance
Adamas Trust now sits against Street price targets clustered around US$9, while the internal fair value estimate remains unchanged at US$11.42. Analysts tying their US$9 targets to higher book value, a greater tilt toward agency assets and views on run rate ROE see execution risk as the key swing factor for how closely the market tracks those targets. Read on to see how these pieces fit together and what to watch as the Adamas Trust story continues to evolve. Stay updated as the Fair Value for Adamas Trust shifts by adding it to your watchlist or portfolio . Alternatively, explore our Community to discover new perspectives on Adamas Trust. What Wall Street Has Been Saying ?? Bullish Takeaways B. Riley resumed coverage with a Buy rating and a US$9 price target, pointing to Adamas Trust's greater allocation to agency assets as a reason the shares could warrant a premium P/B multiple compared with credit and hybrid peers. Keefe Bruyette raised its price target to US$9 from US$ Show less Read more
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