New York Mortgage Trust, Inc. Overview
Pro stress-test →New York Mortgage Trust is an internally managed real estate investment trust focused on acquiring, investing in, financing and managing primarily mortgage-related single-family and multi-family residential assets. The company rebranded as Adamas Trust in October 2025 while maintaining its NYMT ticker on NASDAQ.
Strategic Profile
Pro stress-test →The company demonstrated growth success with $4.1 billion in asset acquisitions in 2024 and $1.9 billion in Q1 2025, leading to a 55% year-over-year increase in interest income. NYMT maintains a strong dividend profile with an 11.25% forward dividend yield as of May 31, 2026, making it attractive to income-focused investors.
Competitive Landscape
Pro stress-test →NYMT competes within the mortgage REIT sector alongside larger players like AGNC Investment Corp, ARMOUR Residential REIT, and New Residential Investment Corp. These competitors focus on residential mortgage securities and servicing rights, competing on yield, asset quality, and capital deployment efficiency. NYMT's strategic emphasis on internally managed residential assets and organic growth differentiates it in a capital-intensive market.
Industry Context
New York Mortgage Trust, Inc. operates in Mortgage Real Estate Investment Trust (Mortgage REIT).
Key facts
Founded: 2003 · Headquarters: New York, US · Revenue: N/A · Market cap: $0.68B