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 Maryland real estate investment trust focused on investing in, financing and managing a portfolio of commercial real estate debt investments. The company primarily targets transitional floating rate commercial mortgage loans with an emphasis on middle-market multifamily assets, and its news flow reflects this specialized focus within commercial real estate finance.
On this page, readers can review news items that Lument Finance Trust has released through press announcements and SEC-related disclosures. These updates include quarterly earnings releases that discuss GAAP net income attributable to common shareholders and non-GAAP distributable earnings, along with explanations of how distributable earnings are calculated and used as a supplemental performance metric.
LFT’s news also covers dividend declarations for its common stock and 7.875% Cumulative Redeemable Series A Preferred Stock, specifying per-share amounts, record dates and payment dates. In addition, the company issues announcements regarding capital markets and financing transactions, such as the pricing and closing of commercial real estate collateralized loan obligations (CRE CLOs) backed by first lien floating rate mortgage loans and participations secured by multifamily and commercial real estate properties across the United States.
Other updates describe credit facilities and repurchase agreements entered into by LFT’s subsidiaries to finance first mortgage loans, controlling loan participations and commercial real estate owned properties. Investors can also find notices of upcoming earnings release dates and investor conference calls, including dial-in and webcast access details. Together, these news items provide an ongoing view of Lument Finance Trust’s commercial real estate debt portfolio, financing structures and dividend activity.
Lument Finance Trust (NYSE: LFT) has reported its second quarter 2024 results. The company achieved a GAAP net income of $3.4 million, or $0.07 per share, attributable to common shareholders. Distributable earnings for the quarter were $4.8 million, or $0.09 per share. LFT will host a conference call on August 13, 2024, at 1:00 p.m. ET to discuss these results and provide a business update. The company also presented its non-GAAP financial measure, Distributable Earnings, which excludes certain non-cash items and one-time events. This measure is used to calculate the incentive fee payable to Lument Investment Management, , the company's manager.
Lument Finance Trust (NYSE: LFT) has announced its upcoming earnings release and investor call dates. The company plans to file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2024, with the SEC on Monday, August 12, 2024, after market close. LFT will host a live conference call for investors on Tuesday, August 13, 2024, at 1:00 p.m. eastern time.
Interested parties can access the call by dialing 1-800-836-8184 (U.S.) or 1-646-357-8785 (international). A live webcast will also be available. For those unable to attend, a recorded replay will be accessible via telephone dial-in at 1-888-660-6345 (U.S.) or 1-646-517-4150 (international) with passcode 58233.
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.
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.
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.
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