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 (LFT) declared a cash dividend of $0.06 per share for its common stock for Q3 2022, payable on January 17, 2023. The record date is set for December 30, 2022. Additionally, LFT announced a dividend of $0.4921875 per share for its Series A Preferred Stock, also payable on January 17, 2023, with a record date of January 3, 2023. The company focuses on investing in commercial real estate debt, primarily transitional floating rate commercial mortgage loans.
Lument Finance Trust (LFT) reported its third quarter 2022 results, showcasing distributable earnings of $1.7 million, equivalent to $0.03 per share. The GAAP net income for the quarter reached $0.3 million, or $0.01 per share. These results reflect ongoing investment activities in commercial real estate debt, particularly in floating rate mortgage loans. The full earnings presentation is available on their website.
Lument Finance Trust (LFT) is set to file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2022, on November 8, 2022, post-market close. The company invites stakeholders to join a live conference call on November 9, 2022, at 8:30 a.m. ET. LFT focuses on investing in floating rate commercial mortgage loans, particularly in middle-market multi-family assets. Further information and live access to the call can be found on their website.
Lument Finance Trust, Inc. (NYSE: LFT) has declared a cash dividend of $0.06 per share for the third quarter of 2022, payable on October 17, 2022, to stockholders of record by September 30, 2022. Additionally, a cash dividend of $0.4921875 per share is announced for the 7.875% Cumulative Redeemable Series A Preferred Stock, also payable on October 17, 2022, for preferred stockholders recorded by October 3, 2022.
Lument Finance Trust (LFT) reported its Q2 2022 results, revealing a GAAP net income of $2.2 million, equating to $0.04 per share, and distributable earnings of $2.5 million or $0.05 per share. The company will host a conference call on August 9, 2022, at 8:30 AM ET to discuss these results. The report also highlights the significance of distributable earnings as a key performance metric, influencing dividends and overall financial performance.
Lument Finance Trust (LFT) announced it will file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2022, on August 8, 2022, post-market close. A conference call is scheduled for August 9, 2022, at 8:30 a.m. ET to discuss the report. The call can be accessed at 1-888-336-7151 (US) or via a live webcast. LFT, focused on investing in commercial real estate debt, primarily in middle-market multi-family assets, is externally managed by OREC Investment Management, LLC.
Lument Finance Trust, Inc. (LFT) declared a cash dividend of $0.06 per share for common stock for Q2 2022, payable on July 15, 2022, for stockholders of record by June 30, 2022. Additionally, a dividend of $0.4921875 per share on its 7.875% Cumulative Redeemable Series A Preferred Stock is also set for payment on July 15, 2022, for holders of record by July 1, 2022. LFT focuses on investing in transitional floating rate commercial mortgage loans, primarily in middle-market multi-family assets.
Lument Finance Trust (LFT) reported its Q1 2022 financial results with a GAAP net income of $1.8 million or $0.05 per share. Distributable earnings were $1.7 million, also $0.05 per share, highlighting stability in earnings amid market conditions. A conference call to discuss these results is scheduled for May 10, 2022, at 8:30 AM ET. LFT continues to focus on investments in commercial real estate debt, primarily transitional floating rate loans.
Lument Finance Trust (LFT) will file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2022, with the SEC on May 9, 2022. Investors are invited to join a conference call on May 10, 2022, at 8:30 AM ET to discuss the report. To access the call, dial 1-888-336-7151 (US) or 1-412-902-4251 (International). A recorded replay will be available on LFT's website shortly after the event. LFT is focused on investing in transitional commercial mortgage loans, particularly in the multi-family sector.
Lument Finance Trust (NYSE: LFT) reported its Q4 and full-year 2021 results, revealing a net income of $2.5 million for Q4 and $7.4 million for the full year, translating to $0.10 and $0.30 per share respectively. Distributable earnings were $2.6 million in Q4 and $9.7 million for the year. The Company declared a cash dividend of $0.06 per common share, payable on April 15, 2022. Additionally, LFT significantly increased its commercial real estate investment portfolio by 83% to $1 billion and achieved a dividend coverage ratio of 108% for the year.