Lument Finance Trust - LFT Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lument Finance Trust in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" LFT shares.
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5 brokerages have issued 1-year price targets for Lument Finance Trust's shares. Their LFT share price forecasts range from $2.00 to $3.50. On average, they expect the company's stock price to reach $2.90 in the next twelve months. This suggests a possible upside of 26.6% from the stock's current price.
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Lument Finance Trust's stock was trading at $1.90 at the beginning of 2023. Since then, LFT shares have increased by 20.5% and is now trading at $2.29.
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Lument Finance Trust saw a decrease in short interest during the month of January. As of January 15th, there was short interest totaling 40,500 shares, a decrease of 39.4% from the December 31st total of 66,800 shares. Based on an average daily trading volume, of 63,600 shares, the short-interest ratio is presently 0.6 days.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 21st 2023.
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Lument Finance Trust, Inc. (NYSE:LFT) announced its earnings results on Monday, May, 9th. The technology company reported $0.05 EPS for the quarter, missing analysts' consensus estimates of $0.09 by $0.04. Lument Finance Trust had a trailing twelve-month return on equity of 7.06% and a net margin of 21.88%. During the same quarter in the previous year, the firm posted $0.11 earnings per share.

Lument Finance Trust announced a quarterly dividend on Thursday, December 15th. Stockholders of record on Friday, December 30th will be paid a dividend of $0.06 per share on Tuesday, January 17th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 10.48%. The ex-dividend date is Thursday, December 29th.
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Lument Finance Trust (NYSE:LFT) pays an annual dividend of $0.24 per share and currently has a dividend yield of 10.67%. LFT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 120.01%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, LFT will have a dividend payout ratio of 104.35% in the coming year. This indicates that the company may not be able to sustain their current dividend.
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Lument Finance Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "LFT."

Lument Finance Trust's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Deltec Asset Management LLC (0.97%), Clear Harbor Asset Management LLC (0.19%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include James A Briggs, James Christopher Hunt, James Peter Flynn, Walter C Keenan and William A Houlihan.
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Shares of LFT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of LFT stock can currently be purchased for approximately $2.29.

Lument Finance Trust (NYSE:LFT) has a market capitalization of $119.61 million and generates $36.19 million in revenue each year. The technology company earns $10.53 million in net income (profit) each year or $0.20 on an earnings per share basis.

Lument Finance Trust's mailing address is 15/F, Block A, Chuangxin Building Software Park, XIAMEN, FUJ 361005, China. The official website for the company is www.longtop.com. The technology company can be reached via phone at (212) 317-5700 or via email at investorrelations@huntcompanies.com.