Lument Finance Trust, Inc. (LFT)
NYSE: LFT · IEX Real-Time Price · USD
2.440
+0.190 (8.44%)
At close: Jul 2, 2024, 4:00 PM
2.450
+0.010 (0.41%)
Pre-market: Jul 3, 2024, 4:00 AM EDT
Lument Finance Trust Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for LFT stock have an average target of 2.58, with a low estimate of 2.50 and a high estimate of 2.75. The average target predicts an increase of 5.74% from the current stock price of 2.44.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 13, 2024.
Analyst Ratings
The average analyst rating for LFT stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JonesTrading | JonesTrading | Strong Buy Maintains $2.5 | Strong Buy | Maintains | $2.5 | +2.46% | May 13, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $2.5 | Buy | Reiterates | $2.5 | +2.46% | Sep 12, 2023 |
| Raymond James | Raymond James | Buy Maintains $2.5 → $2.75 | Buy | Maintains | $2.5 → $2.75 | +12.70% | Aug 11, 2023 |
| Raymond James | Raymond James | Buy Maintains $2.75 → $2.5 | Buy | Maintains | $2.75 → $2.5 | +2.46% | May 17, 2023 |
| Raymond James | Raymond James | Buy Maintains $3.25 → $2.75 | Buy | Maintains | $3.25 → $2.75 | +12.70% | Oct 18, 2022 |
Financial Forecast
Revenue This Year
131.15M
from 31.97M
Increased by 310.18%
Revenue Next Year
127.78M
from 131.15M
Decreased by -2.57%
EPS This Year
0.45
from 0.29
Increased by 53.94%
EPS Next Year
0.45
from 0.45
Increased by 0.11%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 143.0M | 136.9M |
| Avg | 131.2M | 127.8M |
| Low | 118.4M | 116.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 347.3% | 4.3% |
| Avg | 310.2% | -2.6% |
| Low | 270.4% | -10.9% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.57 | 0.62 |
| Avg | 0.45 | 0.45 |
| Low | 0.34 | 0.32 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 95.5% | 38.8% |
| Avg | 53.9% | 0.1% |
| Low | 18.3% | -27.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.