Lument Finance Trust, Inc. (LFT)

NYSE: LFT · IEX Real-Time Price · USD
2.43
-0.01 (-0.21%)
Jul 7, 2022 11:52 AM EDT - Market open
-0.21%
Market Cap 126.65M
Revenue (ttm) 19.73M
Net Income (ttm) 6.38M
Shares Out 52.23M
EPS (ttm) 0.23
PE Ratio 10.54
Forward PE n/a
Dividend $0.29 (12.06%)
Ex-Dividend Date Jun 29, 2022
Volume 40,822
Open 2.47
Previous Close 2.43
Day's Range 2.42 - 2.48
52-Week Range 2.25 - 4.19
Beta 1.20
Analysts Buy
Price Target 3.62 (+49.3%)
Earnings Date Aug 8, 2022

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...]

Industry REIT-Mortgage
Founded 2012
CEO James Flynn
Country United States
Stock Exchange NYSE
Ticker Symbol LFT
Full Company Profile

Financial Performance

In 2021, LFT's revenue was $19.05 million, an increase of 9.72% compared to the previous year's $17.36 million. Earnings were $10.53 million, an increase of 24.59%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for LFT stock is "Buy." The 12-month stock price forecast is 3.62, which is an increase of 49.28% from the latest price.

Price Target
$3.62
(49.28% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Lument Finance Trust, Inc. Declares Quarterly Cash Dividends for its Common and Preferred Stock

NEW YORK , June 15, 2022 /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 to t...

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 shareho...

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

NEW YORK , May 5, 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 end...

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 co...

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

NEW YORK, March 11, 2022 /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 ended D...

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 rights...

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 3...

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 transfe...

Lument Finance Trust Reports Third Quarter Results

NEW YORK, Nov. 9, 2021 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or "the Company") today reported its third quarter 2021 results. GAAP net income attributable to common shareho...

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 end...

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 Reports Second Quarter Results

NEW YORK, Aug. 9, 2021 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or "the Company") today reported its second quarter 2021 results. GAAP net income attributable to common shareh...

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 end...

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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 estate...

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 ende...

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 designat...

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 share...

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 Cumulativ...

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Other symbols: IVRMITTNYMTSACHSQFTWMC

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 qu...