Lument Finance Trust

Lument Finance Trust, Inc. operates as a real estate investment finance company, which engages in investing, financing, and managing a portfolio of commercial real estate (CRE) debt investments. It primarily invests in transitional floating rate commercial mortgage and other CRE-related investments such as preferred equity, commercial mortgage-backed securities, mezzanine, fixed rate, and construction loans and, other CRE debt instruments. The company was founded on March 28, 2012 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Lument Finance Trust reports steady Q4 performance amidst market challenges

Lument Finance Trust's Q4 performance showed steady financial results and dividend consistency.
While facing challenges from economic uncertainties, the company is well-positioned with a focus on rent growth.
Opportunities lie in the company's investment return profile, minimal exposure to risky assets, and growth potential in workforce housing.

Lument Finance Trust (LFT) reports strong Q1 performance amidst market challenges

Lument Finance Trust (LFT) navigated the Q1 2023 market landscape effectively, leveraging its strong multifamily portfolio and focusing on strategic financing decisions. The company faces challenges from elevated expenses and inflationary pressures but has opportunities to optimize loan structures and capitalize on potential spread expansions.

Lument Finance Trust reports solid Q2 performance amidst market challenges

Lument Finance Trust (LFT) demonstrated solid financial performance in Q2 2023, with a focus on active asset management and strategic financing transactions.
While facing challenges such as loan payoffs and economic uncertainties, LFT remains optimistic about the multifamily sector and is actively managing risks.
The company's strengths lie in its strong financial position, successful loan transitions to SOFR, and proactive engagement with sponsors.
Opportunities for LFT include potential earnings growth, dividend adjustments, and leveraging market opportunities for portfolio enhancement.

Lument Finance Trust reports strong Q3 earnings amidst real estate challenges

Lument Finance Trust (LFT) delivered solid financial performance in Q3 2023, with notable increases in net income and loan portfolio.
Despite challenges in the real estate market, LFT's strategic positioning and risk management remain strong.
The company's focus on long-term liabilities and investment strategy sets a positive outlook for future growth and opportunities.

Lument Finance Trust reports solid Q4 performance amidst market challenges

Lument Finance Trust (LFT) delivered strong financial results in Q4 2023, showcasing resilience and expertise in real estate finance.
While facing challenges in the multifamily market, LFT remains committed to its investment strategy and effective risk management practices.
The company's discussions around buybacks, dividend increases, and investment opportunities reflect a strategic approach to balancing growth and shareholder value.

Lument Finance Trust reports resilient earnings amidst industry challenges

Lument Finance Trust (LFT) showcased financial resilience with positive earnings amidst industry challenges.
Strategic portfolio management and increased cash liquidity position LFT for future opportunities.
Navigating challenges in the lending environment, LFT remains focused on middle-market multifamily credit for growth.

Lument Finance Trust reports stable earnings, eyes growth opportunities

Lument Finance Trust reported solid financial performance in Q2 2024, with increased dividends and stable earnings per share.
While facing challenges in credit quality and market distress, the company maintains a focus on proactive financing and liquidity management.
Opportunities for growth lie in exploring new transactions, optimizing financing strategies, and capitalizing on market opportunities.

Lument Finance Trust (LFT) reports steady earnings and explores securitization

Lument Finance Trust (LFT) delivered solid financial results in Q3 2024, with stable earnings and a focus on portfolio quality. The company's proactive approach to resolving assets and exploring securitization options reflects a commitment to long-term value creation. LFT's strong equity position and consistent risk management underscore its resilience in the market.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Lument Finance Trust, Inc. Declares Quarterly Cash Dividends for its Common and Preferred Stock and Announces Special Cash Dividend Distribution

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.

Lument Finance Trust Remains Fairly Valued In Wait Of 2021 Loan Book Workout

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.

Lument (LFT) Moves to Buy: Rationale Behind the Upgrade

Lument Finance Trust, Inc. (LFT) Q3 2024 Earnings Call Transcript

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.

Here's What Key Metrics Tell Us About Lument (LFT) Q3 Earnings

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.

Lument Finance (LFT) Q3 Earnings Match Estimates

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.

Lument Finance Trust Reports Third Quarter 2024 Results

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.

Lument Finance Trust Announces Quarter-End Earnings Release and Investor Call Dates

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.

Lument Finance Trust, Inc. Declares Quarterly Cash Dividends for its Common and Preferred Stock

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.

Lument Finance Trust: Loan Book Will Potentially Continue Shrinking, It Is Fairly Valued

Lument Finance Trust, Inc. (NYSE:LFT ) Q2 2024 Results Conference Call August 13, 2024 1:00 PM ET Company Participants Andrew Tsang - Senior Director of Corporate Development Jim Flynn - CEO Jim Briggs - CFO Jim Henson - President Zachary Halpern - Managing Director of Portfolio Management Conference Call Participants Crispin Love - Piper Sandler Matthew Erdner - JonesTrading Steve Delaney - Citizens JMP Stephen Laws - Raymond James Christopher Nolan - Ladenburg Thalmann Operator Good afternoon. And thank you for joining the Lument Finance Trust Second Quarter 2024 Earnings Call.

Lument Finance Trust, Inc. (LFT) Q2 2024 Earnings Call Transcript

Lument Finance (LFT) came out with quarterly earnings of $0.09 per share, missing the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.04 per share a year ago.

Lument Finance (LFT) Misses Q2 Earnings and Revenue Estimates

NEW YORK , Aug. 12, 2024 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or "the Company") today reported its second quarter results. GAAP net income attributable to common shareholders for the second quarter was $3.4 million, or $0.07 per share of common stock.

Lument Finance Trust Reports Second Quarter 2024 Results

BW LPG Ltd

CION Investment Corp

Easterly Government Properties

DHT Holdings

Franklin BSP Realty Trust Inc

International Seaways

Monroe Capital

Uniti Group

24/7 Wall Street Insights Inflation and reduced purchasing power due to escalating prices is impacting millions of Americans.

Want $18,000 in Passive Income? Invest $15,000 in These Dividend Stocks

NEW YORK , June 13, 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 second quarter of 2024, which represents a 14% increase over the first quarter of 2024 dividend of $0.07 per share.  The dividend is payable on July 15, 2024, to common stockholders of record as of the close of business on June 28, 2024.

Lument Finance Trust, Inc. Announces Quarterly Common Stock Dividend Increase

CytomX Therapeutics

Quhuo Limited

When the term penny stocks to buy is thrown around, ideas of high-risk-high-reward, overnight wealth generation and potential scams may come to mind. However, investing in carefully-selected penny stocks can yield a much less volatile experience.

Buy Alert: 3 Penny Stocks That Will Explode in 2024

NEW YORK , May 9, 2024 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or "the Company") today reported its first quarter results. Distributable earnings for the first quarter were $7.6 million, or $0.15 per share of common stock.

Lument Finance Trust Reports First Quarter 2024 Results

Lument Finance Trust, Inc. (LFT) Q4 2023 Earnings Call Transcript

NEW YORK , March 15, 2024 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or "the Company") today reported its fourth quarter and full year 2023 results. GAAP net income attributable to common shareholders for the fourth quarter was $3.8 million, or $0.07 per share of common stock, and for the full year was $15.0 million, or $0.29 per share of common stock.

Lument Finance Trust Reports 2023 Results and Declares Quarterly Dividends for Its Common and Preferred Stock

NEW YORK , March 12, 2024 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we,"; "LFT" or "the Company") announced today that it expects to file its Annual Report on Form 10-K for the year ended December 31, 2023 with the Securities and Exchange Commission on Friday, March 15, 2024, after the market closes, and invites investors and other interested parties to listen to its live conference call via telephone or webcast on Monday, March 18, 2024 at 8:30 a.m. eastern time.

Lument Finance Trust Announces Year-End Earnings Release and Investor Call Dates

Arlington Asset Investment

Arbor Realty Trust

JPMorgan BetaBuilders MSCI US REIT ETF

Boston Properties

Digital Realty Trust

Direxion Daily Real Estate Bull 3x Shares

Direxion Daily Real Estate Bear 3x Shares

Dynex Capital

Ellington Residential Mortgage REIT

Ellington Financial

Fidelity MSCI Real Estate ETF

First Trust S&P REIT Index Fund

Gaming and Leisure Properties

iShares Cohen & Steers REIT ETF

iShares U.S. Real Estate ETF

Nuveen Real Estate Income Fund

Invesco KBW Premium Yield Equity REIT ETF

Neuberger Berman Real Estate Securities Income Fund Inc

Realty Income Corp

Orchid Island Capital

US Diversified Real Estate ETF

Invesco Active US Real Estate

ALPS Active REIT ETF

ProShares Short Real Estate

U.S. equity markets extended their rebound to a third-straight week as benchmark interest rates dipped on economic data and corporate earnings reports showing a more distinct cooldown in economic activity. Gaining for a third-straight week and extending its rebound to nearly 10% since dipping into "correction territory" at the end of October, the S&P 500 gained another 2.4% this week. Lifted by the retreat in benchmark interest rates, real estate equities have roared back to life over the past three weeks. Equity REITs and Mortgage REITs each gained another 4.7%.

Disinflation Is Back

Lument Finance Trust, Inc. (NYSE:LFT ) Q3 2023 Earnings Conference Call November 14, 2023 8:30 AM ET Company Participants Andrew Tsang - Investor Relations James Flynn - Chief Executive Officer James Briggs - Chief Financial Officer James Henson - President Zachary Halpern - Senior Director, Portfolio Management Conference Call Participants Stephen Laws - Raymond James Steve Delaney - JMP Securities Matthew Erdner - JonesTrading Christopher Nolan - Ladenburg Thalmann Operator Good morning and thank you for joining the Lument Finance Trust Third Quarter 2023 Earnings Call. Today's call is being recorded and will be made available via webcast on the company's website.

Lument Finance Trust, Inc. (LFT) Q3 2023 Earnings Call Transcript

NEW YORK , Nov. 13, 2023 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we," "LFT" or "the Company") today reported its third quarter 2023 results. Distributable earnings for the quarter were $6.0 million, or $0.11 per share of common stock.

Lument Finance Trust Reports Third Quarter Results

Lument Finance Trust, Inc. (NYSE:LFT ) Q2 2023 Earnings Conference Call August 9, 2023 8:30 AM ET Company Participants James Flynn - CEO James Briggs - CFO James Henson - President Zachary Halpern - Senior Director, Portfolio Management Conference Call Participants Crispin Love - Piper Sandler Stephen Laws - Raymond James Matthew Erdner - Jones Trading Christopher Nolan - Ladenburg Thalmann Operator Good morning and thank you for joining the Lument Finance Trust Second Quarter 2023 Earnings Call. Today's call is being recorded and will be made available via webcast on the company's website.

Lument Finance Trust, Inc. (LFT) Q2 2023 Earnings Call Transcript

Lument Finance (LFT) came out with quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.05 per share a year ago.

News for Lument Finance Trust Stock (LFT)