Adamas Trust (ADAM) Stock Outlook Supported by Increasing Agency RMBS Exposure

Adamas Trust, Inc. (NASDAQ:ADAM) ranks among the most undervalued REIT stocks to buy right now. On January 6, B. 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 ...