Lument Finance Trust, Inc. (LFT)

Market Cap	143.80M
Revenue (ttm)	36.40M
Net Income (ttm)	18.13M
Shares Out	52.29M
EPS (ttm)	0.35
PE Ratio	7.93
Forward PE	7.05
Dividend	$0.32 (11.64%)
Ex-Dividend Date	Sep 30, 2024

Volume	174,237
Open	2.690
Previous Close	2.720
Day's Range	2.675 - 2.750
52-Week Range	2.160 - 2.790
Beta	1.13
Analysts	Buy
Price Target	2.50 (-9.09%)
Earnings Date	Nov 12, 2024

About LFT

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 e...

• Industry: REIT - Mortgage
• Sector: Real Estate
• Founded: 2012
• Employees: 600
• Stock Exchange: NYSE
• Ticker Symbol: LFT
• Website: https://lumentfinancetrust.com

Financial Performance

In 2023, Lument Finance Trust's revenue was $32.08 million, an increase of 60.68% compared to the previous year's $19.96 million. Earnings were $14.97 million, an increase of 192.26%.

Analyst Forecast

According to 3 analysts, the average rating for LFT stock is "Buy." The 12-month stock price forecast is $2.5, which is a decrease of -9.09% from the latest price.

Price Target

$2.5

(-9.09% downside)

Analyst Consensus: Buy