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NYSE:LFT

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

$2.68
+0.09 (+3.47%)
(As of 07/26/2024 ET)
Today's Range
$2.58
$2.69
50-Day Range
$2.25
$2.68
52-Week Range
$1.91
$2.69
Volume
143,980 shs
Average Volume
93,455 shs
Market Capitalization
$140.06 million
P/E Ratio
8.38
Dividend Yield
11.94%
Price Target
$2.58

Lument Finance Trust MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
3.6% Downside
$2.58 Price Target
Short Interest
Healthy
0.14% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.11mentions of Lument Finance Trust in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-9.09%
From $0.44 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.

2.24 out of 5 stars

Finance Sector

618th out of 898 stocks

Real Estate Investment Trusts Industry

123rd out of 181 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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Q1 2024 Lument Finance Trust Inc Earnings Call
This TSLA short trade is on a nine win hot streak
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See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Ex-Dividend for 7/15 Dividend
6/27/2024
Dividend Payable
7/15/2024
Today
7/26/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Trading
Fax
N/A
Employees
600
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$2.58
High Stock Price Target
$2.75
Low Stock Price Target
$2.50
Potential Upside/Downside
-2.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$19.72 million
Pretax Margin
17.43%

Debt

Sales & Book Value

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

Miscellaneous

Free Float
50,846,000
Market Cap
$138.49 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

How have LFT shares performed this year?

Lument Finance Trust's stock was trading at $2.33 at the start of the year. Since then, LFT stock has increased by 15.0% and is now trading at $2.68.
View the best growth stocks for 2024 here
.

How were Lument Finance Trust's earnings last quarter?

Lument Finance Trust, Inc. (NYSE:LFT) issued its quarterly earnings results on Thursday, May, 9th. The technology company reported $0.15 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.13 by $0.02. The technology company earned $33.71 million during the quarter, compared to analysts' expectations of $10.56 million. Lument Finance Trust had a net margin of 16.43% and a trailing twelve-month return on equity of 12.59%.

Who are Lument Finance Trust's major shareholders?

Lument Finance Trust's top institutional shareholders include PL Capital Advisors LLC (0.69%). Insiders that own company stock include James Christopher Hunt, William A Houlihan, Walter C Keenan, James J Henson, James A Briggs and James Peter Flynn.
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 7/26/2024 by MarketBeat.com Staff

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