Lument Finance Trust, Inc. (LFT)

NYSE: LFT · IEX Real-Time Price · USD
2.360
0.00 (0.00%)
Apr 19, 2024, 1:35 PM EDT - Market open
0.00%
Market Cap 122.74M
Revenue (ttm) 31.97M
Net Income (ttm) 14.97M
Shares Out 52.23M
EPS (ttm) 0.29
PE Ratio 8.00
Forward PE 5.64
Dividend $0.28 (11.86%)
Ex-Dividend Date Mar 27, 2024
Volume 26,324
Open 2.360
Previous Close 2.360
Day's Range 2.280 - 2.360
52-Week Range 1.530 - 2.560
Beta 1.11
Analysts Buy
Price Target 2.63 (+11.44%)
Earnings Date May 9, 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]

Industry REIT - Mortgage
Sector Real Estate
Founded 2012
Employees 600
Stock Exchange NYSE
Ticker Symbol LFT
Full Company Profile

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 Statements

Analyst Forecast

According to 2 analysts, the average rating for LFT stock is "Buy." The 12-month stock price forecast is $2.63, which is an increase of 11.44% from the latest price.

Price Target
$2.63
(11.44% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

4 weeks ago - PRNewsWire

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...

5 weeks ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

Lument Finance Trust Announces Quarter-End Earnings Release and Investor Call Dates

NEW YORK , Nov. 8, 2023 /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 ...

5 months ago - PRNewsWire

Lument Finance Trust, Inc. Announces Quarterly Common Stock Dividend Increase

NEW YORK , Sept. 14, 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 t...

7 months ago - PRNewsWire

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...

9 months ago - PRNewsWire

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...

10 months ago - PRNewsWire

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 ...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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 ...

2 years ago - PRNewsWire

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...

2 years ago - PRNewsWire

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...

2 years ago - PRNewsWire

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...

2 years ago - PRNewsWire

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...

2 years ago - PRNewsWire

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...

2 years ago - PRNewsWire

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...

2 years ago - PRNewsWire

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...

3 years ago - PRNewsWire

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...

3 years ago - PRNewsWire

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...

3 years ago - PRNewsWire

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...

3 years ago - PRNewsWire

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...

3 years ago - PRNewsWire

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 ...

3 years ago - PRNewsWire

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...

3 years ago - PRNewsWire

Hunt Companies Finance Trust Announces Dividend Increase and Name Change to Lument Finance Trust

NEW YORK, Dec. 18, 2020 /PRNewswire/ -- Hunt Companies Finance Trust, Inc. (NYSE: HCFT) ("we", "HCFT" or "the Company") announced the declaration of a cash dividend of $0.090 per share of common stock...

3 years ago - PRNewsWire