NYSE:LFT

Lument Finance Trust (LFT) Stock Price, News & Analysis

$2.30
0.00 (0.00%)
(As of 04/25/2024 ET)
Today's Range
$2.28
$2.32
50-Day Range
$2.21
$2.55
52-Week Range
$1.53
$2.56
Volume
57,192 shs
Average Volume
53,513 shs
Market Capitalization
$120.18 million
P/E Ratio
7.67
Dividend Yield
12.17%
Price Target
$2.63

Lument Finance Trust MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
14.1% Upside
$2.63 Price Target
Short Interest
Healthy
0.07% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.33mentions of Lument Finance Trust in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-6.98%
From $0.43 to $0.40 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.34 out of 5 stars

Finance Sector

528th out of 870 stocks

Real Estate Investment Trusts Industry

107th out of 180 stocks

LFT stock logo

About Lument Finance Trust Stock (NYSE:LFT)

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 CRE 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 Stock Price History

LFT Stock News Headlines

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Central Banks Buying Gold in Record Numbers Most folks have completely missed the fact that the world's Central Banks have been quietly gobbling up as much gold as they can… Stacking it in their locked vaults on pallets in record numbers.
Recap: Lument Finance Trust Q4 Earnings
Earnings Outlook For Lument Finance Trust
Lument Finance Trust Inc (LFT)
Lument Finance declares $0.07 dividend
Q3 2023 Lument Finance Trust Inc Earnings Call
Lument Finance Trust (LFT) Receives a Buy from JMP Securities
See More Headlines
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Company Calendar

Last Earnings
5/11/2023
Ex-Dividend for 4/15 Dividend
3/27/2024
Dividend Payable
4/15/2024
Today
4/26/2024
Next Earnings (Estimated)
5/09/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$2.63
High Stock Price Target
$2.75
Low Stock Price Target
$2.50
Potential Upside/Downside
+14.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$19.72 million
Pretax Margin
18.06%

Debt

Sales & Book Value

Annual Sales
$109.19 million
Cash Flow
$0.39 per share
Book Value
$3.51 per share

Miscellaneous

Free Float
50,943,000
Market Cap
$120.18 million
Optionable
Not Optionable
Beta
1.07
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Key Executives

  • Mr. James Peter Flynn J.D. (Age 47)
    CEO & Chairman of the Board
  • Mr. James Anthony Briggs (Age 57)
    Chief Financial Officer
  • Mr. James Joseph Henson (Age 71)
    President
  • Brendan Gover
    Vice President of Investor Relations
  • Charles Duddy
    Managing Director
  • Mr. Zachary Lee Halpern
    Managing Director
  • Ms. Stephanie G. Culpepper
    Secretary
  • Mr. Kian Fui Chong (Age 52)
    Senior Vice President of Hunt Investment Management, LLC

LFT Stock Analysis - Frequently Asked Questions

Should I buy or sell Lument Finance Trust stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lument Finance Trust in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" LFT shares.
View LFT analyst ratings
or view top-rated stocks.

What is Lument Finance Trust's stock price target for 2024?

2 equities research analysts have issued 1 year target prices for Lument Finance Trust's shares. Their LFT share price targets range from $2.50 to $2.75. On average, they expect the company's stock price to reach $2.63 in the next year. This suggests a possible upside of 14.1% from the stock's current price.
View analysts price targets for LFT
or view top-rated stocks among Wall Street analysts.

How have LFT shares performed in 2024?

Lument Finance Trust's stock was trading at $2.33 at the start of the year. Since then, LFT shares have decreased by 1.3% and is now trading at $2.30.
View the best growth stocks for 2024 here
.

Are investors shorting Lument Finance Trust?

Lument Finance Trust saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 37,600 shares, an increase of 74.9% from the March 31st total of 21,500 shares. Based on an average daily volume of 69,700 shares, the days-to-cover ratio is currently 0.5 days.
View Lument Finance Trust's Short Interest
.

When is Lument Finance Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our LFT earnings forecast
.

How were Lument Finance Trust's earnings last quarter?

Lument Finance Trust, Inc. (NYSE:LFT) announced its earnings results on Thursday, May, 11th. The technology company reported $0.04 earnings per share for the quarter, missing analysts' consensus estimates of $0.07 by $0.03. The technology company earned $22.39 million during the quarter, compared to the consensus estimate of $6.72 million. Lument Finance Trust had a trailing twelve-month return on equity of 9.23% and a net margin of 17.02%.

How often does Lument Finance Trust pay dividends? What is the dividend yield for Lument Finance Trust?

Lument Finance Trust announced a quarterly dividend on Friday, March 15th. Stockholders of record on Thursday, March 28th will be given a dividend of $0.07 per share on Monday, April 15th. This represents a $0.28 dividend on an annualized basis and a yield of 12.17%. The ex-dividend date of this dividend is Wednesday, March 27th.
Read our dividend analysis for LFT
.

Is Lument Finance Trust a good dividend stock?

Lument Finance Trust (NYSE:LFT) pays an annual dividend of $0.28 per share and currently has a dividend yield of 12.17%. LFT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 93.33%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, LFT will have a dividend payout ratio of 70.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LFT.

Who are Lument Finance Trust's major shareholders?

Lument Finance Trust's stock is owned by a variety of retail and institutional investors. Top institutional investors include Melia Wealth LLC (0.38%). Insiders that own company stock include James A Briggs, James Christopher Hunt, James J Henson, James Peter Flynn, Walter C Keenan and William A Houlihan.
View institutional ownership trends
.

How do I buy shares of Lument Finance Trust?

Shares of LFT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:LFT) was last updated on 4/26/2024 by MarketBeat.com Staff

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