Lument Finance Trust Inc LFT

$5.02 -0.17 (-3.28%)

Valuation

Market cap
26,348,000
Revenue TTM
$79,000,000
Net income TTM
$-2,750,000
PE ratio
0.00
Forward PE
—
Profit margin
-3.48%
Debt to equity
4.40

Trading

Volume
46,100
Avg volume
26,327
Day's range
$4.96 – $5.29
Shares out
5,249,000
Stochastic %K
7%
Beta
0.61
Analysts
Hold
Price target
$2.75

Price

Company profile

Lument Finance Trust, Inc., a real estate investment trust, focuses on investing in, originating, financing, and managing a portfolio of commercial real estate (CRE) debt investments in the United States. It 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 s...

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Lument Finance Trust, Inc., a real estate investment trust, focuses on investing in, originating, financing, and managing a portfolio of commercial real estate (CRE) debt investments in the United States. It 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. The company is qualified as a real estate investment trust 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.

Industry
REIT - Mortgage
Sector
Real Estate
Phone
212 317 5700
Website
https://lumentfinancetrust.com
Address
230 Park Avenue, 20th Floor, New York, United States

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Stocktwits

Bigwinner75 Sep 22, 5:29 PM
$LFT 100 shares
0 replies
stevero Sep 19, 12:00 AM
$LFT They need to get this straight right away. Either get it stable and ontrack to reinstate the divi without any more destruction, or merge it with a stronger entity for at least 50% of the Net Asset Value (NAV). After this announcement of the dividend being halted in the after hours today which is friday shares are down another -6.85% to $6.12 share... that's about a 78% Discount to it's NAV. How much more damage does this external management want to inflict? This was Five Oaks, then HuntCoFinance, and now this Lument Finance has destroyed people. To the External Managers: Do the right thing and fix this and protect people who entrusted you!!
0 replies
AviRun2Moon Sep 18, 12:09 AM 0 replies
AviRun2Moon Sep 16, 5:53 PM 0 replies
Abdul92z Sep 14, 1:56 AM
The market is bad , i will keep eye on $TKLF , $BRIA , $LFT , $JFIN
0 replies
Bigwinner75 Sep 12, 12:01 AM
$LFT ummm. Looking for entry point Dividends looks delicious
0 replies
TwongStocks Sep 10, 8:04 PM
Today's reverse split results. $LGHL 1 for 20 Previous close $0.411, $8.22 split-adjusted Today's high $8.98 Today's close $7.82 🔴Down 4.87% $LFT 1 for 10 Previous close $0.6923, $6.923 split-adjusted Today's high $7.01 Today's close $6.90 🔴Down 0.33%
0 replies
AviRun2Moon Sep 10, 2:30 PM
$LFT rs … what’s your new average?
0 replies