Lument Finance Trust Stock (NYSE:LFT)
Previous Close
$2.45
52W Range
$2.00 - $2.75
50D Avg
$2.52
200D Avg
$2.45
Market Cap
$124.41M
Avg Vol (3M)
$82.11K
Beta
1.11
Div Yield
$0.32 (12.61%)
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 |
---|---|
ACRE | Ares Commercial Real Estate Corporation |
RC | Ready Capital Corporation |
ACR | ACRES Commercial Realty Corp. |
CMTG | Claros Mortgage Trust, Inc. |
MITT | AG Mortgage Investment Trust, I |
EARN | Ellington Residential Mortgage REIT |
CHMI | Cherry Hill Mortgage Investment Corporation |
AJX | Great Ajax Corp. |
RITM-PB | Rithm Capital Corp. |
EFC | Ellington Financial Inc. |
NREF | NexPoint Real Estate Finance, Inc. |
REFI | Chicago Atlantic Real Estate Finance, Inc. |
DX | Dynex Capital, Inc. |
KREF | KKR Real Estate Finance Trust Inc. |