STOCK TITAN

Lument Finance Trust, Inc. - LFT STOCK NEWS

Welcome to our dedicated page for Lument Finance Trust news (Ticker: LFT), a resource for investors and traders seeking the latest updates and insights on Lument Finance Trust stock.

Lument Finance Trust, Inc. (NYSE: LFT) is a dynamic real estate investment trust (REIT) focused on investing, financing, and managing a diversified portfolio of commercial real estate debt investments. Headquartered in New York, the company emphasizes the acquisition of transitional floating-rate commercial real estate mortgage loans, mezzanine loans, preferred equity, fixed-rate loans, construction loans, commercial mortgage-backed securities (CMBS), and other commercial real estate (CRE) debt instruments.

Primarily targeting middle-market multi-family assets, Lument Finance Trust, Inc. has positioned itself as a significant player in commercial real estate financing. The company's core business strategy revolves around investing in transitional properties that require capital for repositioning or rehabilitation, thereby adding value and generating returns for investors. Their portfolio is designed to adapt to various market conditions, providing a robust and flexible approach to real estate investment.

Lument Finance Trust, Inc. operates under the guidance of Lument Investment Management, a Delaware limited liability company responsible for external management and advisory services. This partnership ensures strategic oversight and expert management of LFT's diverse investment portfolio, leveraging extensive industry experience and market insights.

Recently, Lument Finance Trust has reported significant milestones. In the second quarter of 2023, the company achieved distributable earnings of $1.9 million or $0.04 per share of common stock. This was followed by third-quarter results showcasing distributable earnings of $6.0 million or $0.11 per share, reflecting the company's consistent performance and ability to generate steady income. The first quarter of 2024 continued this positive trend, with distributable earnings reaching $7.6 million or $0.15 per share.

To keep investors and stakeholders updated, the company regularly publishes its financial results and hosts live conference calls. These events provide insights into the company's performance, strategic initiatives, and future outlook.

Lument Finance Trust, Inc. is committed to maintaining transparency and providing accessible information through its website and SEC filings. Investors can explore detailed financial reports and presentations, ensuring they are well-informed about the company's operations and prospects.

As a REIT, LFT is required to distribute at least 90% of its taxable income annually to shareholders, making dividends a crucial aspect of its investment appeal. The company believes that distributable earnings are a meaningful metric for assessing its performance and dividend potential, offering a reliable indicator for current and future investors.

For further details and updates, visitors can access additional information on the company's website or reach out to the investor relations team at Lument Finance Trust, 230 Park Avenue, 20th Floor, New York, NY 10169.

Rhea-AI Summary

Lument Finance Trust (NYSE: LFT) announced a 14% increase in its quarterly cash dividend for common stock, raising it to $0.08 per share for Q2 2024 from $0.07 in Q1 2024. The dividend will be paid on July 15, 2024, to shareholders of record by June 28, 2024.

The company also declared a cash dividend of $0.4921875 per share for its 7.875% Cumulative Redeemable Series A Preferred Stock, payable on July 15, 2024, to preferred shareholders of record by July 1, 2024.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.01%
Tags
dividends
-
Rhea-AI Summary

Lument Finance Trust, Inc. (LFT) reported first quarter results with distributable earnings of $7.6 million and GAAP net income of $5.8 million. The company will host a conference call on May 10, 2024, to discuss financial results. Non-GAAP financial measures were presented to aid investors in analyzing results, with Distributable Earnings highlighted as a key metric.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.8%
Tags
-
Rhea-AI Summary

Lument Finance Trust, Inc. (NYSE: LFT) announced its upcoming Quarterly Report on Form 10-Q filing for the quarter ending March 31, 2024, on May 9, 2024, after market close. The live investor call is scheduled for May 10, 2024, at 8:30 a.m. Eastern time.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.3%
Tags
Rhea-AI Summary
Lument Finance Trust, Inc. (NYSE: LFT) reported Q4 and full-year 2023 results with GAAP net income of $3.8M and $15.0M respectively. Distributable earnings were $5.2M and $13.3M for Q4 and full year. The company declared dividends for common and preferred stockholders. A conference call is scheduled for March 18, 2024, to discuss financial results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.45%
Tags
dividends
-
Rhea-AI Summary
Lument Finance Trust, Inc. (LFT) plans to file its Annual Report on Form 10-K for 2023 on March 15, 2024, and host a conference call on March 18, 2024. Investors can access the call via phone or webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.87%
Tags
-
Rhea-AI Summary
Lument Finance Trust, Inc. (NYSE: LFT) declared a cash dividend of $0.07 per share for common stock and $0.4921875 per share for 7.875% Cumulative Redeemable Series A Preferred Stock for the fourth quarter of 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.9%
Tags
dividends
Rhea-AI Summary
Lument Finance Trust, Inc. (NYSE: LFT) reported its third quarter 2023 results, with distributable earnings of $6.0 million and GAAP net income of $5.2 million. The company will host a conference call on November 14, 2023, to discuss the financial results. Non-GAAP financial measures, including Distributable Earnings, were presented, providing supplemental information for investors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.51%
Tags
-
Rhea-AI Summary
Lument Finance Trust, Inc. (LFT) expects to file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2023, with the SEC on November 13, 2023. Investors can join the live conference call on November 14, 2023, at 8:30 a.m. EST via telephone or webcast. A recorded replay will be available for on-demand viewing through the company's website and by telephone dial-in.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.5%
Tags
-
Rhea-AI Summary
LFT declares cash dividends, common stock dividend increased by 17% to $0.07 per share, payable on October 16, 2023. Preferred stock dividend declared at $0.4921875 per share, payable on October 16, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.17%
Tags
dividends
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.61%
Tags

FAQ

What does Lument Finance Trust, Inc. specialize in?

Lument Finance Trust, Inc. specializes in investing, financing, and managing a portfolio of commercial real estate debt investments, including mortgage loans, mezzanine loans, preferred equity, and more.

What are the latest financial results for LFT?

For the third quarter of 2023, Lument Finance Trust reported distributable earnings of $6.0 million or $0.11 per share. The first quarter of 2024 saw distributable earnings of $7.6 million or $0.15 per share.

Who manages Lument Finance Trust, Inc.?

Lument Finance Trust, Inc. is externally managed and advised by Lument Investment Management, a Delaware limited liability company.

What is the primary investment focus of LFT?

LFT primarily focuses on transitional floating-rate commercial mortgage loans, with a strong emphasis on middle-market multi-family assets.

How does LFT provide information to investors?

Lument Finance Trust regularly publishes financial results, holds live conference calls, and provides detailed presentations on its website. Investors can also find additional information through SEC filings.

What is the importance of Distributable Earnings for LFT?

Distributable Earnings is a non-GAAP measure that indicates the company's ability to generate income for dividends, an essential aspect for REITs like LFT that distribute at least 90% of their taxable income annually.

Where can investors access LFT's financial reports?

Investors can access LFT's financial reports on the company's website or through the SEC's Internet site at www.sec.gov.

What is the role of Lument Investment Management?

Lument Investment Management provides external management and advisory services to Lument Finance Trust, Inc., offering strategic oversight and expert management of the company's investment portfolio.

How can interested parties join LFT's conference calls?

Interested parties can join LFT's conference calls via telephone or webcast. Dial-in details and webcast links are provided in the company’s announcements and on their website.

What types of commercial real estate debt instruments does LFT invest in?

LFT invests in various commercial real estate debt instruments, including transitional floating-rate commercial mortgage loans, mezzanine loans, preferred equity, commercial mortgage-backed securities, fixed-rate loans, and construction loans.

Lument Finance Trust, Inc.

NYSE:LFT

LFT Rankings

LFT Stock Data

128.55M
52.26M
13.8%
47.41%
0.16%
Other Financial Vehicles
Finance and Insurance
Link
United States of America
NEW YORK