Lument Finance Trust, Inc. (LFT)
Market Cap | 127.51M |
Revenue (ttm) | 36.21M |
Net Income (ttm) | 16.19M |
Shares Out | 52.26M |
EPS (ttm) | 0.32 |
PE Ratio | 7.63 |
Forward PE | 6.07 |
Dividend | $0.32 (13.12%) |
Ex-Dividend Date | Jun 28, 2024 |
Volume | 127,837 |
Open | 2.260 |
Previous Close | 2.250 |
Day's Range | 2.260 - 2.450 |
52-Week Range | 1.810 - 2.600 |
Beta | 1.12 |
Analysts | Strong Buy |
Price Target | 2.58 (+5.74%) |
Earnings Date | Aug 6, 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... [Read more]
Financial Performance
In 2023, LFT's revenue was $31.97 million, an increase of 58.23% compared to the previous year's $20.21 million. Earnings were $14.97 million, an increase of 192.26%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for LFT stock is "Strong Buy." The 12-month stock price forecast is $2.58, which is an increase of 5.74% from the latest price.
News
![](https://cdn.snapi.dev/images/v1/z/u/press19-2477496.jpg)
Lument Finance Trust, Inc. Announces Quarterly Common Stock Dividend Increase
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...
![](https://cdn.snapi.dev/images/v1/q/4/press16-2422871.jpg)
Lument Finance Trust Reports First Quarter 2024 Results
NEW YORK , May 9, 2024 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or "the Company") today reported its first quarter results. Distributable earnings for the first quarter were...
![](https://cdn.snapi.dev/images/v1/n/1/press1-2413460.jpg)
Lument Finance Trust Announces Quarter-End Earnings Release and Investor Call Dates
NEW YORK , May 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 ...
![](https://cdn.snapi.dev/images/v1/h/9/press13-2327299.jpg)
Lument Finance Trust Reports 2023 Results and Declares Quarterly Dividends for Its Common and Preferred Stock
NEW YORK , March 15, 2024 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or "the Company") today reported its fourth quarter and full year 2023 results. GAAP net income attributab...
![](https://cdn.snapi.dev/images/v1/l/y/press6-2321116.jpg)
Lument Finance Trust Announces Year-End Earnings Release and Investor Call Dates
NEW YORK , March 12, 2024 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we,"; "LFT" or "the Company") announced today that it expects to file its Annual Report on Form 10-K for the year end...
![](https://cdn.snapi.dev/images/v1/x/f/press9-2193743.jpg)
Lument Finance Trust, Inc. Declares Quarterly Cash Dividends for its Common and Preferred Stock
NEW YORK , Dec. 12, 2023 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("LFT" or the "Company") announced the declaration of a cash dividend of $0.07 per share of common stock with respect to...
![](https://cdn.snapi.dev/images/v1/w/t/press3-2155723.jpg)
Lument Finance Trust Reports Third Quarter Results
NEW YORK , Nov. 13, 2023 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we," "LFT" or "the Company") today reported its third quarter 2023 results. Distributable earnings for the quarter wer...
![](https://cdn.snapi.dev/images/v1/m/r/press18-2013330.jpg)
Lument Finance Trust Reports Second Quarter Results
NEW YORK , Aug. 8, 2023 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we," "LFT" or "the Company") today reported its second quarter 2023 results. Distributable earnings for the quarter wer...
![](https://cdn.snapi.dev/images/v1/p/d/press17-1969091.jpg)
Lument Finance Trust, Inc. Announces Closing of $386 Million Financing
NEW YORK , July 12, 2023 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("LFT") today announced the closing of a $386 million commercial real estate financing (the "LMF 2023-1 Financing"). The...
![](https://cdn.snapi.dev/images/v1/3/z/press4-1886486.jpg)
Lument Finance Trust Reports First Quarter Results
NEW YORK , May 11, 2023 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or "the Company") today reported its first quarter 2023 results. Distributable earnings for the quarter was ...
![](https://cdn.snapi.dev/images/v1/n/y/press15-1809568.jpg)
Lument Finance Trust Reports Fourth Quarter Results
NEW YORK , March 23, 2023 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or "the Company") today reported its fourth quarter 2022 results. Distributable earnings for the quarter w...
![](https://cdn.snapi.dev/images/v1/z/k/press11-1279329.jpg)
LUMENT FINANCE TRUST REPORTS 2021 RESULTS AND DECLARES QUARTERLY DIVIDENDS FOR ITS COMMON AND PREFERRED STOCK
NEW YORK, March 15, 2022 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or the "Company") today reported its fourth quarter and full year 2021 results. Net income attributable to ...
![](https://cdn.snapi.dev/images/v1/2/s/press15-1245192.jpg)
LUMENT FINANCE TRUST, INC. ANNOUNCES FINAL RESULTS OF TRANSFERABLE RIGHTS OFFERING
NEW YORK, Feb. 22, 2022 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ( "LFT" or the "Company") announced the final results of its transferable rights offering, which entitled holders of righ...
![](https://cdn.snapi.dev/images/v1/f/v/press17-1231858.jpg)
LUMENT FINANCE TRUST INC. ANNOUNCES EXPIRATION OF TRANSFERABLE RIGHTS OFFERING
NEW YORK, Feb. 14, 2022 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("LFT" or the "Company") announced preliminary results of its transferable rights offering, which commenced on January 18...
![](https://cdn.snapi.dev/images/v1/v/l/press6-1215111.jpg)
Lument Finance Trust Announces Preliminary Fourth Quarter And Full Year Results
NEW YORK, Feb. 2, 2022 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or "the Company") today announced preliminary, unaudited results for the three months and year ended December...
![](https://cdn.snapi.dev/images/v1/z/c/press3-1176531.jpg)
Lument Finance Trust, Inc. Announces Transferable Rights Offering
NEW YORK, Jan. 7, 2022 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we," "us," "our," "LFT" or the "Company") announced today that its Board of Directors has approved the terms of a trans...
![](https://cdn.snapi.dev/images/v1/k/t/press5-1089690.jpg)
Lument Finance Trust Announces Third Quarter Earnings Release and Investor Call Dates
NEW YORK, Nov. 4, 2021 /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 e...
![](https://cdn.snapi.dev/images/v1/e/n/press13-946991.jpg)
Lument Finance Trust Announces Second Quarter Earnings Release and Investor Call Dates
NEW YORK, Aug. 4, 2021 /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 e...
![](https://cdn.snapi.dev/images/v1/z/u/press7-867716.jpg)
Lument Finance Trust, Inc. Announces Closing of $1 Billion CRE CLO
NEW YORK, June 14, 2021 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("LFT" or the "Company") today announced the closing of LMNT 2021-FL1, a $1 billion on-balance sheet commercial real esta...
![](https://cdn.snapi.dev/images/v1/s/t/press19-809784.jpg)
Lument Finance Trust Announces First Quarter Earnings Release and Investor Call Dates
NEW YORK, May 6, 2021 /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 en...
![](https://cdn.snapi.dev/images/v1/m/m/press15-806267.jpg)
Lument Finance Trust, Inc. Announces Closing of Public Offering of Series A Cumulative Redeemable Preferred Stock
NEW YORK, May 5, 2021 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) (the "Company") announced today that it has closed its underwritten public offering of 2,400,000 shares of its newly design...
![](https://cdn.snapi.dev/images/v1/a/3/press1-793089.jpg)
Lument Finance Trust Announces Pricing of Public Offering of Series A Cumulative Redeemable Preferred Stock
NEW YORK, April 29, 2021 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("LFT" or the "Company") today announced that it priced an underwritten public offering of an aggregate of 2,400,000 sha...
![](https://cdn.snapi.dev/images/v1/s/e/press12-784290.jpg)
Lument Finance Trust Announces Launch Of Public Offering Of Series A Cumulative Redeemable Preferred Stock
NEW YORK, April 26, 2021 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("LFT" or the "Company") today announced the launch of an underwritten public offering of shares of its Series A Cumulat...
![](https://cdn.snapi.dev/images/v1/p/r/press10-724807.jpg)
Lument Finance Trust Reports 2020 Results and Declares Quarterly Dividend
NEW YORK, March 15, 2021 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or the "Company") today reported its fourth quarter and full year 2020 results. Net income for the fourth ...
![](https://cdn.snapi.dev/images/v1/q/w/press3---ynbxiiclcl.jpg)
Hunt Companies Finance Trust Announces Special Cash Dividend Distribution
NEW YORK, Dec. 21, 2020 /PRNewswire/ -- Hunt Companies Finance Trust, Inc. (NYSE: HCFT) ("we", "HCFT" or "the Company") today announced the declaration of a one-time special cash dividend of $0.04 per...