Lument Finance Trust Stock (NYSE:LFT)
Previous Close
$2.72
52W Range
$2.16 - $2.79
50D Avg
$2.55
200D Avg
$2.49
Market Cap
$143.80M
Avg Vol (3M)
$92.60K
Beta
1.11
Div Yield
$0.32 (10.91%)
LFT Company Profile
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 real estate investment trust (REIT) under the Internal Revenue Code of 1986. 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.
LFT Performance
Peer Comparison
Ticker | Company |
---|---|
RC | Ready Capital Corporation |
ACRE | Ares Commercial Real Estate Corporation |
EARN | Ellington Residential Mortgage REIT |
ACR | ACRES Commercial Realty Corp. |
CMTG | Claros Mortgage Trust, Inc. |
MITT | AG Mortgage Investment Trust, Inc. |
EFC | Ellington Financial Inc. |
CHMI | Cherry Hill Mortgage Investment Corporation |
AJX | Great Ajax Corp. |
REFI | Chicago Atlantic Real Estate Finance, Inc. |
DX | Dynex Capital, Inc. |
NREF | NexPoint Real Estate Finance, Inc. |
KREF | KKR Real Estate Finance Trust Inc. |