Lument Finance TrustNYSE: LFT

Profile

Industry:

Mortgage

Country:

United States

IPO:

22 March 2013

Next earnings report:

14 March 2025

Last dividends:

30 September 2024

Next dividends:

N/A
$137.53 M
-18%vs. 3y high
17%vs. sector
-62%vs. 3y high
8%vs. sector
-50%vs. 3y high
28%vs. sector
-50%vs. 3y high
46%vs. sector

Price

pre-market | 22 min ago
$2.63+$0.07(+2.73%)
$8.42 M$8.89 M
$8.42 M$6.28 M

Analysts recommendations

Institutional Ownership

LFT Latest News

Lument Finance Trust Remains Fairly Valued In Wait Of 2021 Loan Book Workout
seekingalpha.com21 November 2024 Sentiment: NEUTRAL

Lument Financial Trust's 3Q24 results showed stable net interest income but highlighted ongoing challenges with 2021 loans and potential refinancing at less favorable rates. The company's valuation appears attractive due to a significant discount to book value and a high dividend yield, though both have notable risks. Management remains cautious about the stressed 2021 loan book and the uncertain macroeconomic environment, impacting future earnings and refinancing prospects.

Lument (LFT) Moves to Buy: Rationale Behind the Upgrade
zacks.com15 November 2024 Sentiment: POSITIVE

Lument (LFT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Lument Finance Trust, Inc. (LFT) Q3 2024 Earnings Call Transcript
seekingalpha.com13 November 2024 Sentiment: NEUTRAL

Lument Finance Trust, Inc. (LFT) Q3 2024 Earnings Call Transcript

Lument Finance (LFT) Q3 Earnings Match Estimates
zacks.com12 November 2024 Sentiment: POSITIVE

Lument Finance (LFT) came out with quarterly earnings of $0.10 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.11 per share a year ago.

Lument Finance Trust Announces Quarter-End Earnings Release and Investor Call Dates
prnewswire.com05 November 2024 Sentiment: POSITIVE

NEW YORK , Nov. 5, 2024 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we,"; "LFT" or "the Company") announced today that it expects to file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2024 with the Securities and Exchange Commission on Tuesday, November 12, 2024, after the market closes, and invites investors and other interested parties to listen to its live conference call via telephone or webcast on Wednesday, November 13, 2024 at 8:30 a.m. eastern time.

Lument Finance Trust, Inc. Declares Quarterly Cash Dividends for its Common and Preferred Stock
prnewswire.com16 September 2024 Sentiment: POSITIVE

NEW YORK , Sept. 16, 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 third quarter of 2024.

Lument Finance Trust: Loan Book Will Potentially Continue Shrinking, It Is Fairly Valued
seekingalpha.com25 August 2024 Sentiment: NEUTRAL

Lument Finance Trust's 2Q24 results showed a shrinking loan book and some loans entering non-accrual status. Still, maturity risk remains muted. The company's valuation and rating remained at two holds in the latest analysis. The 2021 CLO finished its reinvestment period, impacting Lument's loan portfolio in the second quarter and in the quarters ahead.

Lument Finance (LFT) Misses Q2 Earnings and Revenue Estimates
zacks.com12 August 2024 Sentiment: NEUTRAL

Lument Finance (LFT) came out with quarterly earnings of $0.09 per share, missing the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.04 per share a year ago.

Lument Finance Trust Reports Second Quarter 2024 Results
prnewswire.com12 August 2024 Sentiment: POSITIVE

NEW YORK , Aug. 12, 2024 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or "the Company") today reported its second quarter results. GAAP net income attributable to common shareholders for the second quarter was $3.4 million, or $0.07 per share of common stock.

Lument Finance Trust Announces Quarter-End Earnings Release and Investor Call Dates
prnewswire.com06 August 2024 Sentiment: POSITIVE

NEW YORK , Aug. 6, 2024 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we,"; "LFT" or "the Company") announced today that it expects to file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2024 with the Securities and Exchange Commission on Monday, August 12, 2024, after the market closes, and invites investors and other interested parties to listen to its live conference call via telephone or webcast on Tuesday, August 13, 2024 at 1:00 p.m. eastern time.

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 CRE 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 was Lument Finance Trust the previous earnings report?

No data

When does Lument Finance Trust earnings report?

The next expected earnings date for Lument Finance Trust is 14 March 2025