Lument Finance Trust, Inc., a real estate investment trust, focuses on investing in, financing, and managing a portfolio of commercial real estate debt investments in the United States. It primarily invests in transitional floating rate commercial mortgage loans on middle market multi-family assets; and other commercial real estate, including mezzanine loans, preferred equity, commercial mortgage-backed securities, fixed rate loans, construction loans, and other commercial real estate debt instruments. The company is qualified as a real estate investment trust (REIT) under the Internal Revenue Code. As a REIT, it would not be subject to federal income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Hunt Companies Finance Trust, Inc. and changed its name to Lument Finance Trust, Inc. in December 2020. Lument Finance Trust, Inc. was incorporated in 2012 and is headquartered in New York, New York.
IPO Year: 2013
Exchange: NYSE
Website: lumentfinancetrust.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/19/2024 | Outperform → Mkt Perform | Raymond James | |
| 8/30/2022 | $3.00 → $2.75 | Overweight → Neutral | Piper Sandler |
| 3/17/2022 | Buy → Neutral | Ladenburg Thalmann | |
| 12/17/2021 | $4.50 | Overweight | Piper Sandler |
| 10/15/2021 | $4.50 | Buy | B. Riley Securities |
| 8/10/2021 | $4.50 | Neutral → Buy | Ladenburg Thalmann |
| 8/10/2021 | Neutral → Buy | Ladenburg Thalmann |
8-K - Lument Finance Trust, Inc. (0001547546) (Filer)
10-Q - Lument Finance Trust, Inc. (0001547546) (Filer)
8-K - Lument Finance Trust, Inc. (0001547546) (Filer)
8-K - Lument Finance Trust, Inc. (0001547546) (Filer)
10-Q - Lument Finance Trust, Inc. (0001547546) (Filer)
8-K - Lument Finance Trust, Inc. (0001547546) (Filer)
8-K - Lument Finance Trust, Inc. (0001547546) (Filer)
10-Q - Lument Finance Trust, Inc. (0001547546) (Filer)
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SC 13G/A - Lument Finance Trust, Inc. (0001547546) (Subject)
NEW YORK, Nov. 12, 2024 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or "the Company") today reported its third quarter results. GAAP net income attributable to common shareholders for the third quarter was $5.1 million, or $0.10 per share of common stock. Distributable earnings for the third quarter were $5.5 million, or $0.10 per share of common stock. The Company has also issued a detailed presentation of its results, which can be viewed at www.lumentfinancetrust.com. Conference Call and Webcast Information The Company will also host a conference call on Wednesday, November 13, 2024, at 8:30 a.m. ET to provide a business update and discuss the financial results for
NEW YORK, Nov. 5, 2024 /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 ended September 30, 2024 with the Securities and Exchange Commission on Tuesday, November 12, 2024, after the market closes, and invites investors and other interested parties to listen to its live conference call via telephone or webcast on Wednesday, November 13, 2024 at 8:30 a.m. eastern time. The conference call may be accessed by dialing 1-800-836-8184 (U.S.) or 1-646-357-8785 (international). Note: there is no passcode; please ask the operator to be joined into the Lument Finance Trust cal
NEW YORK, Sept. 16, 2024 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("LFT" or the "Company") announced the declaration of a cash dividend of $0.08 per share of common stock with respect to the third quarter of 2024. The dividend is payable on October 15, 2024, to common stockholders of record as of the close of business on September 30, 2024. The Company also announced the declaration of a cash dividend of $0.4921875 per share of 7.875% Cumulative Redeemable Series A Preferred Stock. The dividend is payable on October 15, 2024, to preferred stockholders of record as of the close of business October 1, 2024. About LFT LFT is a Maryland corporation focused on investing in, financin
NEW YORK, Aug. 12, 2024 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or "the Company") today reported its second quarter results. GAAP net income attributable to common shareholders for the second quarter was $3.4 million, or $0.07 per share of common stock. Distributable earnings for the second quarter were $4.8 million, or $0.09 per share of common stock. The Company has also issued a detailed presentation of its results, which can be viewed at www.lumentfinancetrust.com. Conference Call and Webcast Information The Company will also host a conference call on Tuesday, August 13, 2024, at 1:00 p.m. ET to provide a business update and discuss the financial results for t
NEW YORK, Aug. 6, 2024 /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 ended June 30, 2024 with the Securities and Exchange Commission on Monday, August 12, 2024, after the market closes, and invites investors and other interested parties to listen to its live conference call via telephone or webcast on Tuesday, August 13, 2024 at 1:00 p.m. eastern time. The conference call may be accessed by dialing 1-800-836-8184 (U.S.) or 1-646-357-8785 (international). Note: there is no passcode; please ask the operator to be joined into the Lument Finance Trust call. A live we
NEW YORK, June 13, 2024 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("LFT" or the "Company") announced the declaration of a cash dividend of $0.08 per share of common stock with respect to the second quarter of 2024, which represents a 14% increase over the first quarter of 2024 dividend of $0.07 per share. The dividend is payable on July 15, 2024, to common stockholders of record as of the close of business on June 28, 2024. The Company also announced the declaration of a cash dividend of $0.4921875 per share of 7.875% Cumulative Redeemable Series A Preferred Stock. The dividend is payable on July 15, 2024, to preferred stockholders of record as of the close of business July 1,
NEW YORK, May 9, 2024 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or "the Company") today reported its first quarter results. Distributable earnings for the first quarter were $7.6 million, or $0.15 per share of common stock. GAAP net income attributable to common shareholders for the first quarter was $5.8 million, or $0.11 per share of common stock. The Company has also issued a detailed presentation of its results, which can be viewed at www.lumentfinancetrust.com. Conference Call and Webcast Information The Company will also host a conference call on Friday, May 10, 2024, at 8:30 a.m. ET to provide a business update and discuss the financial results for the first
NEW YORK, May 6, 2024 /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 ended March 31, 2024 with the Securities and Exchange Commission on Thursday, May 9, 2024, after the market closes, and invites investors and other interested parties to listen to its live conference call via telephone or webcast on Friday, May 10, 2024 at 8:30 a.m. eastern time. The conference call may be accessed by dialing 1-800-836-8184 (U.S.) or 1-646-357-8785 (international). Note: there is no passcode; please ask the operator to be joined into the Lument Finance Trust call. A live webcast,
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 attributable to common shareholders for the fourth quarter was $3.8 million, or $0.07 per share of common stock, and for the full year was $15.0 million, or $0.29 per share of common stock. Distributable earnings for the fourth quarter were $5.2 million, or $0.10 per share of common stock and for the full year was $13.3 million or $0.26 per share of common stock. The Company has also issued a detailed presentation of its results, which can be viewed at www.lumentfinancetrust.com. The Company also announce
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 ended December 31, 2023 with the Securities and Exchange Commission on Friday, March 15, 2024, after the market closes, and invites investors and other interested parties to listen to its live conference call via telephone or webcast on Monday, March 18, 2024 at 8:30 a.m. eastern time. The conference call may be accessed by dialing 1-800-836-8184 (U.S.) or 1-646-357-8785 (international). Note: there is no passcode; please ask the operator to be joined into the Lument Finance Trust call. A live webca
4 - Lument Finance Trust, Inc. (0001547546) (Issuer)
4 - Lument Finance Trust, Inc. (0001547546) (Issuer)
4 - Lument Finance Trust, Inc. (0001547546) (Issuer)
4 - Lument Finance Trust, Inc. (0001547546) (Issuer)
4 - Lument Finance Trust, Inc. (0001547546) (Issuer)
4 - Lument Finance Trust, Inc. (0001547546) (Issuer)
4 - Lument Finance Trust, Inc. (0001547546) (Issuer)
4 - Lument Finance Trust, Inc. (0001547546) (Issuer)
4 - Lument Finance Trust, Inc. (0001547546) (Issuer)
4 - Lument Finance Trust, Inc. (0001547546) (Issuer)
NEW YORK, Nov. 12, 2024 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or "the Company") today reported its third quarter results. GAAP net income attributable to common shareholders for the third quarter was $5.1 million, or $0.10 per share of common stock. Distributable earnings for the third quarter were $5.5 million, or $0.10 per share of common stock. The Company has also issued a detailed presentation of its results, which can be viewed at www.lumentfinancetrust.com. Conference Call and Webcast Information The Company will also host a conference call on Wednesday, November 13, 2024, at 8:30 a.m. ET to provide a business update and discuss the financial results for
NEW YORK, Nov. 5, 2024 /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 ended September 30, 2024 with the Securities and Exchange Commission on Tuesday, November 12, 2024, after the market closes, and invites investors and other interested parties to listen to its live conference call via telephone or webcast on Wednesday, November 13, 2024 at 8:30 a.m. eastern time. The conference call may be accessed by dialing 1-800-836-8184 (U.S.) or 1-646-357-8785 (international). Note: there is no passcode; please ask the operator to be joined into the Lument Finance Trust cal
NEW YORK, Sept. 16, 2024 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("LFT" or the "Company") announced the declaration of a cash dividend of $0.08 per share of common stock with respect to the third quarter of 2024. The dividend is payable on October 15, 2024, to common stockholders of record as of the close of business on September 30, 2024. The Company also announced the declaration of a cash dividend of $0.4921875 per share of 7.875% Cumulative Redeemable Series A Preferred Stock. The dividend is payable on October 15, 2024, to preferred stockholders of record as of the close of business October 1, 2024. About LFT LFT is a Maryland corporation focused on investing in, financin
NEW YORK, Aug. 12, 2024 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or "the Company") today reported its second quarter results. GAAP net income attributable to common shareholders for the second quarter was $3.4 million, or $0.07 per share of common stock. Distributable earnings for the second quarter were $4.8 million, or $0.09 per share of common stock. The Company has also issued a detailed presentation of its results, which can be viewed at www.lumentfinancetrust.com. Conference Call and Webcast Information The Company will also host a conference call on Tuesday, August 13, 2024, at 1:00 p.m. ET to provide a business update and discuss the financial results for t
NEW YORK, Aug. 6, 2024 /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 ended June 30, 2024 with the Securities and Exchange Commission on Monday, August 12, 2024, after the market closes, and invites investors and other interested parties to listen to its live conference call via telephone or webcast on Tuesday, August 13, 2024 at 1:00 p.m. eastern time. The conference call may be accessed by dialing 1-800-836-8184 (U.S.) or 1-646-357-8785 (international). Note: there is no passcode; please ask the operator to be joined into the Lument Finance Trust call. A live we
NEW YORK, June 13, 2024 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("LFT" or the "Company") announced the declaration of a cash dividend of $0.08 per share of common stock with respect to the second quarter of 2024, which represents a 14% increase over the first quarter of 2024 dividend of $0.07 per share. The dividend is payable on July 15, 2024, to common stockholders of record as of the close of business on June 28, 2024. The Company also announced the declaration of a cash dividend of $0.4921875 per share of 7.875% Cumulative Redeemable Series A Preferred Stock. The dividend is payable on July 15, 2024, to preferred stockholders of record as of the close of business July 1,
NEW YORK, May 9, 2024 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or "the Company") today reported its first quarter results. Distributable earnings for the first quarter were $7.6 million, or $0.15 per share of common stock. GAAP net income attributable to common shareholders for the first quarter was $5.8 million, or $0.11 per share of common stock. The Company has also issued a detailed presentation of its results, which can be viewed at www.lumentfinancetrust.com. Conference Call and Webcast Information The Company will also host a conference call on Friday, May 10, 2024, at 8:30 a.m. ET to provide a business update and discuss the financial results for the first
NEW YORK, May 6, 2024 /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 ended March 31, 2024 with the Securities and Exchange Commission on Thursday, May 9, 2024, after the market closes, and invites investors and other interested parties to listen to its live conference call via telephone or webcast on Friday, May 10, 2024 at 8:30 a.m. eastern time. The conference call may be accessed by dialing 1-800-836-8184 (U.S.) or 1-646-357-8785 (international). Note: there is no passcode; please ask the operator to be joined into the Lument Finance Trust call. A live webcast,
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 attributable to common shareholders for the fourth quarter was $3.8 million, or $0.07 per share of common stock, and for the full year was $15.0 million, or $0.29 per share of common stock. Distributable earnings for the fourth quarter were $5.2 million, or $0.10 per share of common stock and for the full year was $13.3 million or $0.26 per share of common stock. The Company has also issued a detailed presentation of its results, which can be viewed at www.lumentfinancetrust.com. The Company also announce
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 ended December 31, 2023 with the Securities and Exchange Commission on Friday, March 15, 2024, after the market closes, and invites investors and other interested parties to listen to its live conference call via telephone or webcast on Monday, March 18, 2024 at 8:30 a.m. eastern time. The conference call may be accessed by dialing 1-800-836-8184 (U.S.) or 1-646-357-8785 (international). Note: there is no passcode; please ask the operator to be joined into the Lument Finance Trust call. A live webca
4 - Lument Finance Trust, Inc. (0001547546) (Issuer)
4 - Lument Finance Trust, Inc. (0001547546) (Issuer)
Raymond James downgraded Lument Finance Trust from Outperform to Mkt Perform
Piper Sandler downgraded Lument Finance Trust from Overweight to Neutral and set a new price target of $2.75 from $3.00 previously
Ladenburg Thalmann downgraded Lument Finance Trust from Buy to Neutral
Piper Sandler initiated coverage of Lument Finance Trust with a rating of Overweight and set a new price target of $4.50
B. Riley Securities initiated coverage of Lument Finance Trust with a rating of Buy and set a new price target of $4.50
Ladenburg Thalmann upgraded Lument Finance Trust from Neutral to Buy and set a new price target of $4.50
Ladenburg Thalmann upgraded Lument Finance Trust from Neutral to Buy
Raymond James initiated coverage of Lument Finance Trust with a rating of Outperform and set a new price target of $4.50
JonesTrading initiated coverage of Lument Finance Trust with a rating of Buy and set a new price target of $4.50
JonesTrading analyst Jason Stewart maintains Lument Finance Trust (NYSE:LFT) with a Buy and maintains $2.5 price target.
Lument Finance Trust (NYSE:LFT) reported quarterly earnings of $0.15 per share which beat the analyst consensus estimate of $0.12 by 25 percent. The company reported quarterly sales of $12.993 million which missed the analyst consensus estimate of $33.641 million by 61.38 percent. This is a 54.16 percent increase over sales of $8.428 million the same period last year.
Lument Finance Trust (NYSE:LFT) reported its Q4 earnings results on Friday, March 15, 2024 at 04:45 PM. Here's what investors need to know about the announcement. Earnings Lument Finance Trust missed estimated earnings by -9.0%, reporting an EPS of $0.1 versus an estimate of $0.11. Revenue was up $2.21 million from the same period last year. Past Earnings Performance Last quarter the company beat on EPS by $0.02 which was followed by a 2.0% increase in the share price the next day. Here's a look at Lument Finance Trust's past performance: Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022 EPS Estimate 0.09 0.07 0.04 0.05 EPS Actual 0.11 0.04 0 0.06 Revenue Estimate 28.09M 22.17M 19.47M 17.01
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Lument Finance Trust (NYSE:LFT) is set to give its latest quarterly earnings report on Friday, 2024-03-15. Here's what investors need to know before the announcement. Analysts estimate that Lument Finance Trust will report an earnings per share (EPS) of $0.11. Lument Finance Trust bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Past Earnings Performance Last quarter the company beat EPS by $0.02, which was followed by a 1.51% in
What is a Value Stock? A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. The following stocks are considered to be notable value stocks in the real estate sector: Arbor Realty Trust (NYSE:ABR) - P/E: 7.38 Corporacion Inmobiliaria (NYSE:VTMX) - P/E: 9.83 Franklin BSP Realty Trust (NYSE:FBRT) - P/E: 9.12 Ready Capital (NYSE:RC) - P/E: 3.81 Lument Finance Trust (NYSE:LFT) - P/E: 9.83 This quarter, Arbor Realty Trust experienced a decrease in earnings per share, which was $0.55 in Q3 a
What is a Value Stock? A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. Below is a list of notable value stocks in the real estate sector: Lument Finance Trust (NYSE:LFT) - P/E: 9.7 AFC Gamma (NASDAQ:AFCG) - P/E: 7.32 Ready Capital (NYSE:RC) - P/E: 3.94 Arbor Realty Trust (NYSE:ABR) - P/E: 7.41 Corporacion Inmobiliaria (NYSE:VTMX) - P/E: 9.64 Most recently, Lument Finance Trust reported earnings per share at $0.11, whereas in Q2 earnings per share sat at $0.04. The company's most
The Dow Jones index closed higher by around 10 points on Thursday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below is a look at a few recent notable insider transactions for penny stocks. For more, check out Benzinga's insider transactions platform. Cadiz The Trade: Cadiz Inc. (NASDAQ:CDZI) CEO Susan P Kennedy acquired a total of 6,762 shares an average price of $2.81. To acquire these shares, it cost around $18,999. What’s Happening: Cadiz, during November, signed agreement with San Bern
The dividend is payable on October 16, 2023 to common stockholders of record as of the close of business on September 29, 2023.