Lument Finance Trust Inc (LFT) Stock Price, Quote & News

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 securities, fixed rate loans, construction loans, and other CRE debt instruments....

Industry: REIT - Mortgage

Sector: Real Estate

Phone: 212 317 5700

Website: lumentfinancetrust.com

Address:

230 Park Avenue, 20th Floor, New York, United States

Bigwinner75 Sep. 12 at 12:01 AM

$LFT ummm. Looking for entry point Dividends looks delicious

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TwongStocks Sep. 10 at 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%

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AviRun2Moon Sep. 10 at 2:30 PM

$LFT rs … what’s your new average?

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TwongStocks Sep. 10 at 12:57 PM

$LGHL $LFT Both with reverse splits today. Trading will resume at 9:00am ET with the RS in effect.

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AviRun2Moon Sep. 10 at 12:56 PM

$LFT

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Bigwinner75 Sep. 9 at 9:46 PM

$LFT out for now. Break even. Will be back after the Rs

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flychicken1991 Sep. 9 at 9:21 PM

$LFT Mixed (84%): could face downward valuation pressure if post-split trading costs rise or listing concerns persist; reduced listing risk could support its valuation. The mechanical increase in the quoted price per share is not an investment gain. Full AI impact map, source, and watch-next details: https://nimpact.tech/newsimpact/news/2b341512a0671bc5/lft-lument-finance-trust-announces-completion-of-reverse-stock-split?utm_source=stocktwits&utm_medium=story_url

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TwongStocks Sep. 9 at 8:52 PM

Tracking two stocks with reverse splits on Thursday. Expect trading to halt at 7:50pm ET tonight and resume at 9:00am Thursday morning. $LGHL 1 for 20. I have not seen any updated filings since their last RS in July that confirm their current outstanding ADS. $LFT 1 for 10. Will reduce outstanding shares from approx 52.5m to approx 5.25m.

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Bigwinner75 Sep. 2 at 6:59 PM

$LFT

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AviRun2Moon Aug. 23 at 2:45 AM

$LFT I’m

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Lument Finance Trust Announces Completion of Reverse Stock Split

Aug 18, 2026, 12:45 PM EDT - 25 days ago

AI chip stocks were riding high. Here's why Micron and others are now pulling back.

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2026-08-16T14:03:09.000Z - 27 days ago

Lument Finance Trust reports Q2 distributable EPS (10c) vs. 5c last year

2026-08-16T14:03:00.000Z - 27 days ago

Lument Finance Trust implements 1-for-10 reverse stock split

Aug 14, 2026, 8:30 AM EDT - 4 weeks ago

Lument Finance Trust Earnings Call Transcript: Q2 2026

Aug 14, 2026, 8:30 AM EDT - 4 weeks ago

Lument Finance Trust Quarterly report: Q2 2026

Aug 14, 2026, 8:30 AM EDT - 4 weeks ago

Lument Finance Trust Earnings release: Q2 2026

Aug 14, 2026, 8:30 AM EDT - 4 weeks ago

Lument Finance Trust Slides: Q2 2026

Aug 13, 2026, 4:50 PM EDT - 4 weeks ago

Lument Finance Trust Reports Second Quarter 2026 Results and Announces Reverse Stock Split

Aug 10, 2026, 5:11 PM EDT - 4 weeks ago

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

2026-07-30T20:50:25.000Z - 6 weeks ago

Lument Finance Trust receives NYSE continued listing standard notice

Jul 30, 2026, 4:30 PM EDT - 6 weeks ago

Lument Finance Trust Receives NYSE Continued Listing Standard Notice

Jun 16, 2026, 9:20 AM EDT - 2 months ago

MicroVision Brought Onboard by Lake Fusion Technologies and Timberline Aerospace to Accelerate IRIS Sensor Package Deployment

MVIS

Jun 10, 2026, 4:30 PM EDT - 3 months ago

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

Jun 10, 2026, 10:00 AM EDT - 3 months ago

Lument Finance Trust Transcript: AGM 2026

May 15, 2026, 1:00 PM EDT - 4 months ago

Lument Finance Trust Earnings Call Transcript: Q1 2026

May 15, 2026, 1:00 PM EDT - 4 months ago

Lument Finance Trust Slides: Q1 2026

May 15, 2026, 1:00 PM EDT - 4 months ago

Lument Finance Trust Earnings release: Q1 2026

May 15, 2026, 1:00 PM EDT - 4 months ago

Lument Finance Trust Quarterly report: Q1 2026

2026-05-15T14:47:50.000Z - 4 months ago

Lument Finance Trust reports Q1 distributable EPS 2c, consensus 6c

May 15, 2026, 9:20 AM EDT - 4 months ago

Lument Finance Trust Reports First Quarter 2026 Results

Apr 30, 2026, 8:00 AM EDT - 4 months ago

Lument Finance Trust Proxy statement: Proxy filing

Apr 30, 2026, 8:00 AM EDT - 4 months ago

Lument Finance Trust Proxy statement: Proxy filing

Mar 24, 2026, 8:30 AM EDT - 5 months ago

Lument Finance Trust Earnings Call Transcript: Q4 2025

Mar 24, 2026, 8:30 AM EDT - 5 months ago

Lument Finance Trust Earnings release: Q4 2025

Mar 24, 2026, 8:30 AM EDT - 5 months ago

Lument Finance Trust Annual report: Q4 2025

Mar 24, 2026, 8:30 AM EDT - 5 months ago

Lument Finance Trust Slides: Q4 2025

Mar 23, 2026, 5:00 PM EDT - 5 months ago

Lument Finance Trust Reports 2025 Results

Mar 19, 2026, 4:15 PM EDT - 5 months ago

Lument Finance Trust, Inc. Declares Quarterly Cash Dividends for its Common and Preferred Stock and Announces Year-End Earnings Release and Investor Call Dates

Dec 10, 2025, 5:00 PM EST - 9 months ago

Lument Finance Trust Closes $664 Million Commercial Real Estate CLO

Nov 21, 2025, 5:00 PM EST - 9 months ago

Lument Finance Trust Announces Pricing of $664 Million Commercial Real Estate CLO

Nov 13, 2025, 8:30 AM EST - 10 months ago

Lument Finance Trust Earnings Call Transcript: Q3 2025

Nov 13, 2025, 8:30 AM EST - 10 months ago

Lument Finance Trust Earnings release: Q3 2025

Nov 13, 2025, 8:30 AM EST - 10 months ago

Lument Finance Trust Quarterly report: Q3 2025

Nov 13, 2025, 8:30 AM EST - 10 months ago

Lument Finance Trust Slides: Q3 2025

Nov 12, 2025, 5:00 PM EST - 10 months ago

Lument Finance Trust Reports Third Quarter 2025 Results

Aug 11, 2025, 8:30 AM EDT - 1 year ago

Lument Finance Trust Earnings Call Transcript: Q2 2025

Aug 11, 2025, 8:30 AM EDT - 1 year ago

Lument Finance Trust Earnings release: Q2 2025

Aug 11, 2025, 8:30 AM EDT - 1 year ago

Lument Finance Trust Quarterly report: Q2 2025

Aug 11, 2025, 8:30 AM EDT - 1 year ago

Lument Finance Trust Slides: Q2 2025

Aug 8, 2025, 4:45 PM EDT - 1 year ago

Lument Finance Trust Reports Second Quarter 2025 Results

May 13, 2025, 8:30 AM EDT - 1 year ago

Lument Finance Trust Earnings Call Transcript: Q1 2025

May 13, 2025, 8:30 AM EDT - 1 year ago

Lument Finance Trust Earnings release: Q1 2025

May 13, 2025, 8:30 AM EDT - 1 year ago

Lument Finance Trust Quarterly report: Q1 2025

May 13, 2025, 8:30 AM EDT - 1 year ago

Lument Finance Trust Slides: Q1 2025

2025-05-12T20:50:09.000Z - 1 year ago

Lument Finance Trust reports Q1 distributable EPS 8c, consensus 9c

May 12, 2025, 4:45 PM EDT - 1 year ago

Lument Finance Trust Reports First Quarter 2025 Results

Apr 29, 2025, 8:00 AM EDT - 1 year ago

Lument Finance Trust Proxy statement: Proxy Filing

Apr 29, 2025, 8:00 AM EDT - 1 year ago

Lument Finance Trust Proxy statement: Proxy Filing

Mar 20, 2025, 8:30 AM EDT - 1 year ago

Lument Finance Trust Earnings Call Transcript: Q4 2024

Mar 20, 2025, 8:30 AM EDT - 1 year ago

Lument Finance Trust Earnings release: Q4 2024

Mar 20, 2025, 8:30 AM EDT - 1 year ago

Lument Finance Trust Annual report: Q4 2024

Mar 20, 2025, 8:30 AM EDT - 1 year ago

Lument Finance Trust Slides: Q4 2024

Mar 19, 2025, 5:15 PM EDT - 1 year ago

Lument Finance Trust Reports 2024 Results and Declares Quarterly Dividends for Its Common and Preferred Stock

Mar 12, 2025, 4:45 PM EDT - 1 year ago

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

Jan 16, 2025, 1:33 PM EST - 1 year ago

Lument Closes $198 Million in Multifamily Bridge Loans in December 2024

Dec 12, 2024, 5:50 PM EST - 1 year ago

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

Nov 13, 2024, 8:30 AM EST - 1 year ago

Lument Finance Trust Earnings Call Transcript: Q3 2024

Nov 13, 2024, 8:30 AM EST - 1 year ago

Lument Finance Trust Earnings release: Q3 2024

Nov 13, 2024, 8:30 AM EST - 1 year ago

Lument Finance Trust Quarterly report: Q3 2024

Nov 13, 2024, 8:30 AM EST - 1 year ago

Lument Finance Trust Slides: Q3 2024

2024-11-12T21:51:13.000Z - 1 year ago

Lument Finance Trust reports Q3 distributable EPS 10c, consensus 8c

Nov 12, 2024, 4:45 PM EST - 1 year ago

Lument Finance Trust Reports Third Quarter 2024 Results

2024-08-14T12:26:51.000Z - 2 years ago

Lument Finance Trust downgraded on valuation at JonesResearch

2024-08-14T12:20:04.000Z - 2 years ago

Lument Finance Trust downgraded to Hold from Buy at JonesResearch

Aug 13, 2024, 1:00 PM EDT - 2 years ago

Lument Finance Trust Earnings Call Transcript: Q2 2024

Aug 13, 2024, 1:00 PM EDT - 2 years ago

Lument Finance Trust Quarterly report: Q2 2024

Aug 13, 2024, 1:00 PM EDT - 2 years ago

Lument Finance Trust Earnings release: Q2 2024

Aug 13, 2024, 1:00 PM EDT - 2 years ago

Lument Finance Trust Slides: Q2 2024

2024-08-12T20:54:36.000Z - 2 years ago

Lument Finance Trust reports Q2 distributable EPS 9c, consensus 11c

Aug 12, 2024, 4:50 PM EDT - 2 years ago

Lument Finance Trust Reports Second Quarter 2024 Results

2024-06-13T12:03:33.000Z - 2 years ago

Lument Finance Trust raises quarterly dividend to 8c from 7c per share

Jun 13, 2024, 8:00 AM EDT - 2 years ago

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

May 10, 2024, 8:30 AM EDT - 2 years ago

Lument Finance Trust Earnings Call Transcript: Q1 2024

May 10, 2024, 8:30 AM EDT - 2 years ago

Lument Finance Trust Quarterly report: Q1 2024

May 10, 2024, 8:30 AM EDT - 2 years ago

Lument Finance Trust Earnings release: Q1 2024

May 10, 2024, 8:30 AM EDT - 2 years ago

Lument Finance Trust Slides: Q1 2024

May 9, 2024, 5:00 PM EDT - 2 years ago

Lument Finance Trust Reports First Quarter 2024 Results

Apr 26, 2024, 8:00 AM EDT - 2 years ago

Lument Finance Trust Proxy statement: Proxy Filing

Apr 26, 2024, 8:00 AM EDT - 2 years ago

Lument Finance Trust Proxy statement: Proxy Filing

Mar 18, 2024, 8:30 AM EDT - 2 years ago

Lument Finance Trust Earnings Call Transcript: Q4 2023

Mar 18, 2024, 8:30 AM EDT - 2 years ago

Lument Finance Trust Earnings release: Q4 2023

Mar 18, 2024, 8:30 AM EDT - 2 years ago

Lument Finance Trust Annual report: Q4 2023

Mar 18, 2024, 8:30 AM EDT - 2 years ago

Lument Finance Trust Slides: Q4 2023

Mar 15, 2024, 4:45 PM EDT - 2 years ago

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

Nov 14, 2023, 8:30 AM EST - 2 years ago

Lument Finance Trust Earnings Call Transcript: Q3 2023

Nov 14, 2023, 8:30 AM EST - 2 years ago

Lument Finance Trust Quarterly report: Q3 2023

Nov 14, 2023, 8:30 AM EST - 2 years ago

Lument Finance Trust Earnings release: Q3 2023

Nov 14, 2023, 8:30 AM EST - 2 years ago

Lument Finance Trust Slides: Q3 2023

2023-11-13T21:51:04.000Z - 2 years ago

Lument Finance Trust reports Q3 distributable EPS 11c, consensus 9c

Nov 13, 2023, 4:50 PM EST - 2 years ago

Lument Finance Trust Reports Third Quarter Results

2023-09-14T21:26:17.000Z - 2 years ago

Lument Finance Trust increases quarterly cash dividend 17% to 7c per share

Aug 9, 2023, 8:30 AM EDT - 3 years ago

Lument Finance Trust Earnings Call Transcript: Q2 2023

Aug 9, 2023, 8:30 AM EDT - 3 years ago

Lument Finance Trust Quarterly report: Q2 2023

Aug 9, 2023, 8:30 AM EDT - 3 years ago

Lument Finance Trust Earnings release: Q2 2023

Aug 9, 2023, 8:30 AM EDT - 3 years ago

Lument Finance Trust Slides: Q2 2023

2023-08-08T20:50:54.000Z - 3 years ago

Lument Finance Trust reports Q2 EPS 4c, consensus 7c

Aug 8, 2023, 4:50 PM EDT - 3 years ago

Lument Finance Trust Reports Second Quarter Results

Jul 12, 2023, 5:00 PM EDT - 3 years ago

Lument Finance Trust, Inc. Announces Closing of $386 Million Financing

May 12, 2023, 8:30 AM EDT - 3 years ago

Lument Finance Trust Earnings Call Transcript: Q1 2023

May 12, 2023, 8:30 AM EDT - 3 years ago

Lument Finance Trust Quarterly report: Q1 2023

May 12, 2023, 8:30 AM EDT - 3 years ago

Lument Finance Trust Slides: Q1 2023

May 11, 2023, 4:45 PM EDT - 3 years ago

Lument Finance Trust Reports First Quarter Results

Apr 28, 2023, 8:00 AM EDT - 3 years ago

Lument Finance Trust Proxy statement: Proxy Filing

Apr 28, 2023, 8:00 AM EDT - 3 years ago

Lument Finance Trust Proxy statement: Proxy Filing

Mar 24, 2023, 8:30 AM EDT - 3 years ago

Lument Finance Trust Earnings Call Transcript: Q4 2022

Mar 24, 2023, 8:30 AM EDT - 3 years ago

Lument Finance Trust Earnings release: Q4 2022

Mar 24, 2023, 8:30 AM EDT - 3 years ago

Lument Finance Trust Annual report: Q4 2022

Mar 24, 2023, 8:30 AM EDT - 3 years ago

Lument Finance Trust Slides: Q4 2022

2023-03-23T12:19:39.000Z - 3 years ago

Lument Finance Trust reports Q4 distributable EPS 6c, consensus 5c

Mar 23, 2023, 8:15 AM EDT - 3 years ago

Lument Finance Trust Reports Fourth Quarter Results

2022-12-19T14:18:51.000Z - 3 years ago

Lument Finance Trust price target lowered to $3 from $3.50 at JonesTrading

2022-12-16T11:07:17.000Z - 3 years ago

Lument Finance Trust price target lowered to $2 from $2.25 at Piper Sandler

Nov 9, 2022, 8:30 AM EST - 3 years ago

Lument Finance Trust Earnings Call Transcript: Q3 2022

Nov 9, 2022, 8:30 AM EST - 3 years ago

Lument Finance Trust Quarterly report: Q3 2022

Nov 9, 2022, 8:30 AM EST - 3 years ago

Lument Finance Trust Slides: Q3 2022

Apr 29, 2022, 8:00 AM EDT - 4 years ago

Lument Finance Trust Proxy statement: Proxy Filing

Apr 29, 2022, 8:00 AM EDT - 4 years ago

Lument Finance Trust Proxy statement: Proxy Filing

Mar 15, 2022, 5:00 PM EDT - 4 years ago

LUMENT FINANCE TRUST REPORTS 2021 RESULTS AND DECLARES QUARTERLY DIVIDENDS FOR ITS COMMON AND PREFERRED STOCK

Mar 15, 2022, 8:00 AM EDT - 4 years ago

Lument Finance Trust Annual report: Q4 2021

Feb 22, 2022, 4:30 PM EST - 4 years ago

LUMENT FINANCE TRUST, INC. ANNOUNCES FINAL RESULTS OF TRANSFERABLE RIGHTS OFFERING

Feb 14, 2022, 8:30 AM EST - 4 years ago

LUMENT FINANCE TRUST INC. ANNOUNCES EXPIRATION OF TRANSFERABLE RIGHTS OFFERING

Feb 2, 2022, 4:52 PM EST - 4 years ago

Lument Finance Trust Announces Preliminary Fourth Quarter And Full Year Results

Jan 7, 2022, 9:02 AM EST - 4 years ago

Lument Finance Trust, Inc. Announces Transferable Rights Offering

Nov 4, 2021, 4:15 PM EDT - 4 years ago

Lument Finance Trust Announces Third Quarter Earnings Release and Investor Call Dates

Aug 4, 2021, 4:31 PM EDT - 5 years ago

Lument Finance Trust Announces Second Quarter Earnings Release and Investor Call Dates

Jul 23, 2021, 8:00 AM EDT - 5 years ago

Lument Finance Trust Registration statement: Registration Filing

Jun 14, 2021, 4:15 PM EDT - 5 years ago

Lument Finance Trust, Inc. Announces Closing of $1 Billion CRE CLO

May 6, 2021, 4:30 PM EDT - 5 years ago

Lument Finance Trust Announces First Quarter Earnings Release and Investor Call Dates

May 5, 2021, 4:15 PM EDT - 5 years ago

Lument Finance Trust, Inc. Announces Closing of Public Offering of Series A Cumulative Redeemable Preferred Stock

May 4, 2021, 8:00 AM EDT - 5 years ago

Lument Finance Trust Proxy statement: Proxy Filing

May 4, 2021, 8:00 AM EDT - 5 years ago

Lument Finance Trust Proxy statement: Proxy Filing

Apr 29, 2021, 8:34 AM EDT - 5 years ago

Lument Finance Trust Announces Pricing of Public Offering of Series A Cumulative Redeemable Preferred Stock

Apr 26, 2021, 9:07 AM EDT - 5 years ago

Lument Finance Trust Announces Launch Of Public Offering Of Series A Cumulative Redeemable Preferred Stock

Apr 26, 2021, 8:00 AM EDT - 5 years ago

Lument Finance Trust Registration statement: Registration Filing

Mar 29, 2021, 8:00 AM EDT - 5 years ago

Lument Finance Trust Registration statement: Registration Filing

Mar 15, 2021, 5:04 PM EDT - 5 years ago

Lument Finance Trust Reports 2020 Results and Declares Quarterly Dividend

Mar 15, 2021, 8:00 AM EDT - 5 years ago

Lument Finance Trust Annual report: Q4 2020

Dec 21, 2020, 5:00 PM EST - 5 years ago

Hunt Companies Finance Trust Announces Special Cash Dividend Distribution

Dec 18, 2020, 8:00 AM EST - 5 years ago

Hunt Companies Finance Trust Announces Dividend Increase and Name Change to Lument Finance Trust

Nov 6, 2020, 4:45 PM EST - 5 years ago

Hunt Companies Finance Trust Reports Third Quarter Results

Nov 2, 2020, 4:45 PM EST - 5 years ago

Hunt Companies Finance Trust, Inc. Announces Third Quarter Earnings Release and Conference Call Dates

Aug 7, 2020, 4:45 PM EDT - 6 years ago

Hunt Companies Finance Trust Reports Second Quarter Results

Jun 17, 2020, 4:30 PM EDT - 6 years ago

Hunt Companies Finance Trust Declares Quarterly Dividend

Bigwinner75 Sep. 12 at 12:01 AM

$LFT ummm. Looking for entry point Dividends looks delicious

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TwongStocks Sep. 10 at 8:04 PM

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AviRun2Moon Sep. 10 at 2:30 PM

$LFT rs … what’s your new average?

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TwongStocks Sep. 10 at 12:57 PM

$LGHL $LFT Both with reverse splits today. Trading will resume at 9:00am ET with the RS in effect.

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AviRun2Moon Sep. 10 at 12:56 PM

$LFT

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Bigwinner75 Sep. 9 at 9:46 PM

$LFT out for now. Break even. Will be back after the Rs

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flychicken1991 Sep. 9 at 9:21 PM

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TwongStocks Sep. 9 at 8:52 PM

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Bigwinner75 Sep. 2 at 6:59 PM

$LFT

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AviRun2Moon Aug. 23 at 2:45 AM

$LFT I’m

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AviRun2Moon Aug. 23 at 2:44 AM

$LFT

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CEOBuysDisclosures Aug. 21 at 10:10 PM

$LFT CEO purchased 20,000 shares at $0.63 for a total of $12,558. Flynn James Peter now owns 442,939 shares. https://ceo-buys.com

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Bigwinner75 Aug. 17 at 9:27 PM

$LFT caught a falling knife. Seems like will be here for a while

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Bigwinner75 Aug. 17 at 6:07 PM

$LFT ok. Shorts are all over this because of the reverse split

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Bigwinner75 Aug. 15 at 6:55 AM

$LFT I bought a position today. Am I screwed. Will any bad news next Monday again ? I don’t want lose all my money

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thailandmonger Aug. 14 at 11:00 PM

$LFT I liquidated. Didn't have much but didn't like what they said at the call this morning. At least I put their dividends into other funds. The reverse split fee would suck as well. They should waive it after such a poor outing.

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Bigwinner75 Aug. 14 at 9:14 PM

$LFT damn. Ouch

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AviRun2Moon Aug. 14 at 3:30 PM

$LFT reverse splits are never good - I’m out.

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thailandmonger Aug. 13 at 11:12 PM

$LFT Do we simply liquidate or hold and pray for a miracle down the road?

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StocktwitsEarnings Aug. 13 at 10:23 PM

$LFT Q2 '26 Earnings Results & Recap • Reported GAAP EPS of -$0.18 down -460.00% YoY • Reported revenue of -$13.37M down -295.41% YoY

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flychicken1991 Aug. 13 at 8:56 PM

$LFT Negative (84%): shares face downward pressure because the reverse split confirms that the company must address its sub-$1 share price and may leave a smaller, less-liquid post-split float carrying a higher risk discount. Full AI impact map, source, and watch-next details: https://nimpact.tech/newsimpact/news/618a9dd862119362?utm_source=stocktwits&utm_medium=story_url

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Market Cap	35.85M
Revenue (ttm)	79.00M
Net Income (ttm)	-2.75M
EPS (ttm)	N/A
PE Ratio	0.00
Forward PE	N/A
Profit Margin	-3.48%
Debt to Equity Ratio	4.40

Volume	31,400
Avg Vol	20,432
Day's Range	N/A - N/A
Shares Out	5.25M
Stochastic %K	20%
Beta	0.57
Analysts	Hold
Price Target	$2.75