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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
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How major US stock indexes fared Thursday, 4/18/2024
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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
These are the Top 4 Stocks for Buybacks in 2024
Can Netflix Stock Continue Into All-Time Highs After Earnings?
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
These are the Top 4 Stocks for Buybacks in 2024
Can Netflix Stock Continue Into All-Time Highs After Earnings?

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

$2.35
+0.06 (+2.62%)
(As of 04/18/2024 ET)
Today's Range
$2.25
$2.35
50-Day Range
$2.20
$2.55
52-Week Range
$1.53
$2.56
Volume
29,693 shs
Average Volume
89,369 shs
Market Capitalization
$122.79 million
P/E Ratio
7.83
Dividend Yield
11.91%
Price Target
$2.63

Lument Finance Trust MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
11.7% Upside
$2.63 Price Target
Short Interest
Healthy
0.04% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
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.

2.79 out of 5 stars

Finance Sector

539th out of 822 stocks

Real Estate Investment Trusts Industry

108th out of 176 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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Now Open: Crypto emergency update
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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
Lument: Q2 Earnings Snapshot
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
4/18/2024
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
+11.7%
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
$0.38 per share
Book Value
$3.51 per share

Miscellaneous

Free Float
50,943,000
Market Cap
$122.79 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 analysts have issued "buy," "hold," and "sell" ratings for Lument Finance Trust in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street 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 brokerages have issued 12-month price targets for Lument Finance Trust's shares. Their LFT share price targets range from $2.50 to $2.75. On average, they anticipate the company's share price to reach $2.63 in the next twelve months. This suggests a possible upside of 11.7% 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 stock has increased by 0.9% and is now trading at $2.35.
View the best growth stocks for 2024 here
.

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) issued its quarterly earnings results on Thursday, May, 11th. The technology company reported $0.04 EPS for the quarter, missing the consensus estimate 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 net margin of 17.02% and a trailing twelve-month return on equity of 9.23%.

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

Lument Finance Trust declared a quarterly dividend on Friday, March 15th. Shareholders 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 annualized dividend and a dividend yield of 11.91%. 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 11.72%. 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 shareholders 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 4/19/2024 by MarketBeat.com Staff

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