Lument Finance Trust, Inc. (LFT)

Market Cap	123.27M
Revenue (ttm)	31.97M
Net Income (ttm)	14.97M
Shares Out	52.23M
EPS (ttm)	0.29
PE Ratio	8.14
Forward PE	5.73
Dividend	$0.28 (11.86%)
Ex-Dividend Date	Mar 27, 2024

Volume	32,620
Open	2.280
Previous Close	2.290
Day's Range	2.250 - 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...

• Industry: REIT - Mortgage
• Sector: Real Estate
• Founded: 2012
• Employees: 600
• Stock Exchange: NYSE
• Ticker Symbol: LFT

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%.

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