Adamas Trust, Inc. (NASDAQ:ADAM) Receives Average Rating of "Moderate Buy" from Analysts

Adamas Trust, Inc. (NASDAQ:ADAM) has received a consensus "Moderate Buy" rating from six analysts, with an average 12-month price target of $9.50. The company recently surpassed quarterly earnings expectations, reporting $0.30 EPS against a $0.25 estimate, and revenue of $47.92 million. Adamas Trust also increased its quarterly dividend from $0.27 to $0.30, resulting in a 13.5% annualized yield, while institutional investors hold 54.89% of its outstanding shares.