Lument Finance Trust Inc Stock News

NEW YORK , Dec. 12, 2024 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("LFT" or the "Company") announced the declaration of a cash dividend of $0.08 per share of common stock with respect to the fourth quarter of 2024.  The Company also announced the declaration of a one-time special cash dividend of $0.09 per share of common stock due to real estate investment trust tax considerations.

Lument Financial Trust's 3Q24 results showed stable net interest income but highlighted ongoing challenges with 2021 loans and potential refinancing at less favorable rates. The company's valuation appears attractive due to a significant discount to book value and a high dividend yield, though both have notable risks. Management remains cautious about the stressed 2021 loan book and the uncerta...

Lument Finance Trust, Inc. (LFT) Q3 2024 Earnings Call Transcript

NEW YORK , Nov. 12, 2024 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or "the Company") today reported its third quarter results. GAAP net income attributable to common shareholders for the third quarter was $5.1 million, or $0.10 per share of common stock.

NEW YORK , Nov. 5, 2024 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we,"; "LFT" or "the Company") announced today that it expects to file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2024 with the Securities and Exchange Commission on Tuesday, November 12, 2024, after the market closes, and invites investors and other interested parties to listen to its liv...

NEW YORK , Sept. 16, 2024 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("LFT" or the "Company") announced the declaration of a cash dividend of $0.08 per share of common stock with respect to the third quarter of 2024.

Lument Finance Trust's 2Q24 results showed a shrinking loan book and some loans entering non-accrual status. Still, maturity risk remains muted. The company's valuation and rating remained at two holds in the latest analysis. The 2021 CLO finished its reinvestment period, impacting Lument's loan portfolio in the second quarter and in the quarters ahead.

Lument Finance Trust, Inc. (NYSE:LFT ) Q2 2024 Results Conference Call August 13, 2024 1:00 PM ET Company Participants Andrew Tsang - Senior Director of Corporate Development Jim Flynn - CEO Jim Briggs - CFO Jim Henson - President Zachary Halpern - Managing Director of Portfolio Management Conference Call Participants Crispin Love - Piper Sandler Matthew Erdner - JonesTrading Steve Delaney - Ci...