Profile
Sector:
Real EstateIndustry:
MortgageCountry:
United StatesIPO:
22 March 2013Website:
http://lumentfinancetrust.comNext earnings report:
08 August 2024Last dividends:
27 March 2024Next dividends:
28 June 2024Price
regular market | 12 min agoAnalysts recommendations
Institutional Ownership
LFT Latest News
NEW YORK , June 13, 2024 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("LFT" or the "Company") announced the declaration of a cash dividend of $0.08 per share of common stock with respect to the second quarter of 2024, which represents a 14% increase over the first quarter of 2024 dividend of $0.07 per share. The dividend is payable on July 15, 2024, to common stockholders of record as of the close of business on June 28, 2024.
Lument Finance Trust, Inc. (LFT) Q4 2023 Earnings Call Transcript
Lument Finance (LFT) came out with quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.05 per share a year ago.
Lument Finance Trust, Inc. (NYSE:LFT ) Q1 2023 Earnings Conference Call May 12, 2023 8:30 AM ET Company Participants Charles Duddy - Investor Relations James Flynn - Chief Executive Officer James Briggs - Chief Financial Officer Conference Call Participants Crispin Love - Piper Sandler Steve DeLaney - JMP Securities Stephen Laws - Raymond James Matthew Erdner - JonesTrading Howard Blum - UBS Financial Services Christopher Nolan - Ladenburg Thalmann Operator Good morning and thank you for joining the Lument Finance Trust First Quarter 2023 Earnings Call. Today's call is being recorded and will be made available via webcast on the company's website.
Lument Finance (LFT) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.07. This compares to earnings of $0.05 per share a year ago.
What type of business is Lument Finance Trust?
Lument Finance Trust, Inc., a real estate investment trust, focuses on investing in, financing, and managing a portfolio of commercial real estate (CRE) debt investments in the United States. The company primarily invests in transitional floating rate commercial mortgage loans on middle market multi-family assets; and other CRE -related investments, including mezzanine loans, preferred equity, commercial mortgage-backed securities, fixed rate loans, construction loans, and other CRE debt instruments. Lument Finance Trust, Inc. is qualified as a real estate investment trust (REIT) under the Internal Revenue Code of 1986. As a REIT, it would not be subject to federal income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Hunt Companies Finance Trust, Inc. and changed its name to Lument Finance Trust, Inc. in December 2020. Lument Finance Trust, Inc. was incorporated in 2012 and is headquartered in New York, New York.
What sector is Lument Finance Trust in?
Lument Finance Trust is in the Real Estate sector
What industry is Lument Finance Trust in?
Lument Finance Trust is in the Mortgage industry
What country is Lument Finance Trust from?
Lument Finance Trust is headquartered in United States
When did Lument Finance Trust go public?
Lument Finance Trust initial public offering (IPO) was on 22 March 2013
What is Lument Finance Trust website?
https://lumentfinancetrust.com
Is Lument Finance Trust in the S&P 500?
No, Lument Finance Trust is not included in the S&P 500 index
Is Lument Finance Trust in the NASDAQ 100?
No, Lument Finance Trust is not included in the NASDAQ 100 index
Is Lument Finance Trust in the Dow Jones?
No, Lument Finance Trust is not included in the Dow Jones index
When does Lument Finance Trust report earnings?
The next expected earnings date for Lument Finance Trust is 08 August 2024