Lument Finance Trust, Inc. (LFT)
| Market Cap | 107.60M |
| Revenue (ttm) | 20.21M |
| Net Income (ttm) | 5.12M |
| Shares Out | 52.23M |
| EPS (ttm) | 0.11 |
| PE Ratio | 18.73 |
| Forward PE | n/a |
| Dividend | $0.24 (11.65%) |
| Ex-Dividend Date | Dec 29, 2022 |
| Volume | 8,512 |
| Open | 2.06 |
| Previous Close | 2.06 |
| Day's Range | 2.04 - 2.06 |
| 52-Week Range | 1.84 - 2.85 |
| Beta | 1.21 |
| Analysts | Buy |
| Price Target | 2.81 (+36.41%) |
| Earnings Date | May 8, 2023 |
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 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... [Read more]
Financial Performance
In 2022, LFT's revenue was $20.21 million, an increase of 6.10% compared to the previous year's $19.05 million. Earnings were $5.12 million, a decrease of -30.90%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for LFT stock is "Buy." The 12-month stock price forecast is $2.81, which is an increase of 36.41% from the latest price.
News
Lument Finance (LFT) Q4 Earnings Top Estimates
Lument (LFT) delivered earnings and revenue surprises of 20% and 23.71%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
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...
Lument Finance Trust Announces Year-End Earnings Release and Investor Call Dates
NEW YORK , March 21, 2023 /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 ende...
Lument Finance Trust, Inc. Declares Quarterly Cash Dividends for its Common and Preferred Stock
NEW YORK , March 16, 2023 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("LFT" or the "Company") announced the declaration of a cash dividend of $0.06 per share of common stock with respect t...
Lument Finance (LFT) Misses Q3 Earnings and Revenue Estimates
Lument (LFT) delivered earnings and revenue surprises of -50% and 38.96%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Lument Finance Trust Reports Third Quarter Results
NEW YORK , Nov. 8, 2022 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or "the Company") today reported its third quarter 2022 results. Distributable earnings for the quarter was ...
Lument Finance Trust Announces Quarter-End Earnings Release and Investor Call Dates
NEW YORK , Nov. 4, 2022 /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 ...
Lument Finance (LFT) Misses Q2 Earnings and Revenue Estimates
Lument (LFT) delivered earnings and revenue surprises of -16.67% and 10.44%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Lument Finance Trust Reports Second Quarter Results
NEW YORK , Aug. 8, 2022 /PRNewswire/ — Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or "the Company") today reported its second quarter 2022 results. GAAP net income attributable to common shar...
Lument Finance (LFT) Q1 Earnings and Revenues Miss Estimates
Lument (LFT) delivered earnings and revenue surprises of -37.50% and 16.77%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Lument Finance Trust Reports First Quarter Results
NEW YORK , May 9, 2022 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or "the Company") today reported its first quarter 2022 results. GAAP net income attributable to common share...
Lument Finance (LFT) Tops Q4 Earnings and Revenue Estimates
Lument (LFT) delivered earnings and revenue surprises of 10% and 12.34%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
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 ...
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...
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...
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...
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...
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...
Lument Finance (LFT) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Lument (LFT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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...
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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...
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...