Lument Finance Trust Stock (NYSE:LFT)


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$2.49

52W Range

$1.91 - $2.75

50D Avg

$2.51

200D Avg

$2.40

Market Cap

$136.96M

Avg Vol (3M)

$116.27K

Beta

1.11

Div Yield

$0.32 (11.07%)

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.

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Industry

REIT - Mortgage

Sector

Real Estate

Exchange

NYSE

ADR

-

Country

US

Employees

600

IPO Date

Mar 22, 2013

Website

LFT Performance


LFT Financial Summary


Dec 23Dec 22Dec 21
Revenue-$24.22M$21.07M
Operating Income$-5.78M$5.11M$10.61M
Net Income$14.97M$9.86M$10.53M
EBITDA$-5.78M$5.17M$10.61M
Basic EPS$0.29$0.38$0.42
Diluted EPS$0.29$0.38$0.42

Fiscal year ends in Dec 23 | Currency in USD

Latest Earnings Call Transcripts


Q2 24Aug 13, 24 | 4:25 PM
Q1 24May 10, 24 | 12:00 AM
Q4 23Mar 18, 24 | 11:04 AM

Peer Comparison


TickerCompany
ACREAres Commercial Real Estate Corporation
RCReady Capital Corporation
ACRACRES Commercial Realty Corp.
CMTGClaros Mortgage Trust, Inc.
MITTAG Mortgage Investment Trust, I
EARNEllington Residential Mortgage REIT
CHMICherry Hill Mortgage Investment Corporation
AJXGreat Ajax Corp.
RITM-PBRithm Capital Corp.
EFCEllington Financial Inc.
NREFNexPoint Real Estate Finance, Inc.
REFIChicago Atlantic Real Estate Finance, Inc.
DXDynex Capital, Inc.
KREFKKR Real Estate Finance Trust Inc.