LFT
Lument Finance TrustLFT
LFT
About: Lument Finance Trust Inc operates as a real estate investment trust. The company is engaged in investment, financing, and management of a portfolio of commercial real estate debt investments. It invests in transitional floating-rate commercial real estate mortgage loans, mezzanine loans, preferred equity, commercial mortgage-backed securities, fixed-rate loans, construction loans, and other CRE debt instruments.
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
50% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 10
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
7% more capital invested
Capital invested by funds: $23M [Q2] → $24.5M (+$1.51M) [Q3]
7% more funds holding
Funds holding: 46 [Q2] → 49 (+3) [Q3]
0.2% more ownership
Funds ownership: 18.32% [Q2] → 18.52% (+0.2%) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for LFT.
Financial journalist opinion
Neutral
PRNewsWire
1 week ago
Lument Finance Trust, Inc. Declares Quarterly Cash Dividends for its Common and Preferred Stock and Announces Special Cash Dividend Distribution
NEW YORK , Dec. 12, 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 fourth quarter of 2024. The Company also announced the declaration of a one-time special cash dividend of $0.09 per share of common stock due to real estate investment trust tax considerations.
Negative
Seeking Alpha
1 month ago
Lument Finance Trust Remains Fairly Valued In Wait Of 2021 Loan Book Workout
Lument Financial Trust's 3Q24 results showed stable net interest income but highlighted ongoing challenges with 2021 loans and potential refinancing at less favorable rates. The company's valuation appears attractive due to a significant discount to book value and a high dividend yield, though both have notable risks. Management remains cautious about the stressed 2021 loan book and the uncertain macroeconomic environment, impacting future earnings and refinancing prospects.
Positive
Zacks Investment Research
1 month ago
Lument (LFT) Moves to Buy: Rationale Behind the Upgrade
Lument (LFT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Neutral
Seeking Alpha
1 month ago
Lument Finance Trust, Inc. (LFT) Q3 2024 Earnings Call Transcript
Lument Finance Trust, Inc. (LFT) Q3 2024 Earnings Call Transcript
Neutral
Zacks Investment Research
1 month ago
Here's What Key Metrics Tell Us About Lument (LFT) Q3 Earnings
While the top- and bottom-line numbers for Lument (LFT) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Positive
Zacks Investment Research
1 month ago
Lument Finance (LFT) Q3 Earnings Match Estimates
Lument Finance (LFT) came out with quarterly earnings of $0.10 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.11 per share a year ago.
Neutral
PRNewsWire
1 month ago
Lument Finance Trust Reports Third Quarter 2024 Results
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.
Neutral
PRNewsWire
1 month ago
Lument Finance Trust Announces Quarter-End Earnings Release and Investor Call Dates
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.
Neutral
PRNewsWire
3 months ago
Lument Finance Trust, Inc. Declares Quarterly Cash Dividends for its Common and Preferred Stock
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.
Neutral
Seeking Alpha
3 months ago
Lument Finance Trust: Loan Book Will Potentially Continue Shrinking, It Is Fairly Valued
Lument Finance Trust's 2Q24 results showed a shrinking loan book and some loans entering non-accrual status. Still, maturity risk remains muted. The company's valuation and rating remained at two holds in the latest analysis. The 2021 CLO finished its reinvestment period, impacting Lument's loan portfolio in the second quarter and in the quarters ahead.
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