Lument Finance Trust

Lument Finance Trust, Inc. operates as a real estate investment finance company, which engages in investing, financing, and managing a portfolio of commercial real estate (CRE) debt investments. It primarily invests in transitional floating rate commercial mortgage and other CRE-related investments such as preferred equity, commercial mortgage-backed securities, mezzanine, fixed rate, and construction loans and, other CRE debt instruments. The company was founded on March 28, 2012 and is headquartered in New York, NY.

Earnings data Q1 2024

Lument Finance Trust reports strong Q1 performance amidst inflationary challenges

Lument Finance Trust's Q1 2023 performance reflects a mix of strengths and challenges. While the company faces inflationary cost pressures and a realized loss on a property loan, it continues to demonstrate strong performance in its loan portfolio and borrower relationships. The company is focused on capital optimization and sees potential opportunities in share repurchases and raising additional capital.

Lument Finance Trust reports stable Q2 performance amidst multifamily market challenges

Lument Finance Trust's Q2 2023 performance reflects stability in its portfolio despite challenges in the multifamily market. The company's strategic financing transaction and positive portfolio performance demonstrate resilience. Anticipation for potential dividend adjustments and loan payoffs presents opportunities for future growth.

Lument Finance Trust reports strong Q3 earnings and expands investment capacity

Lument Finance Trust's Q3 2023 performance showed strong earnings and increased investment capacity, driven by a focus on multifamily credit opportunities. While facing challenges in declining new loan opportunities, the company's conservative underwriting and strong risk management position it for sustainable growth. The recent financing transaction provides a 2-year reinvestment period, offering potential for further investment and growth.

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Lument Finance Trust, Inc. (LFT) Q4 2023 Earnings Call Transcript

NEW YORK , March 15, 2024 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or "the Company") today reported its fourth quarter and full year 2023 results. GAAP net income attributable to common shareholders for the fourth quarter was $3.8 million, or $0.07 per share of common stock, and for the full year was $15.0 million, or $0.29 per share of common stock.

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

NEW YORK , March 12, 2024 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we,"; "LFT" or "the Company") announced today that it expects to file its Annual Report on Form 10-K for the year ended December 31, 2023 with the Securities and Exchange Commission on Friday, March 15, 2024, after the market closes, and invites investors and other interested parties to listen to its live conference call via telephone or webcast on Monday, March 18, 2024 at 8:30 a.m. eastern time.

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

NEW YORK , Dec. 12, 2023 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("LFT" or the "Company") announced the declaration of a cash dividend of $0.07 per share of common stock with respect to the fourth quarter of 2023. The dividend is payable on January 16, 2024, to common stockholders of record as of the close of business on December 29, 2023.

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

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U.S. equity markets extended their rebound to a third-straight week as benchmark interest rates dipped on economic data and corporate earnings reports showing a more distinct cooldown in economic activity. Gaining for a third-straight week and extending its rebound to nearly 10% since dipping into "correction territory" at the end of October, the S&P 500 gained another 2.4% this week. Lifted by the retreat in benchmark interest rates, real estate equities have roared back to life over the past three weeks. Equity REITs and Mortgage REITs each gained another 4.7%.

Disinflation Is Back

Lument Finance Trust, Inc. (NYSE:LFT ) Q3 2023 Earnings Conference Call November 14, 2023 8:30 AM ET Company Participants Andrew Tsang - Investor Relations James Flynn - Chief Executive Officer James Briggs - Chief Financial Officer James Henson - President Zachary Halpern - Senior Director, Portfolio Management Conference Call Participants Stephen Laws - Raymond James Steve Delaney - JMP Securities Matthew Erdner - JonesTrading Christopher Nolan - Ladenburg Thalmann Operator Good morning and thank you for joining the Lument Finance Trust Third Quarter 2023 Earnings Call. Today's call is being recorded and will be made available via webcast on the company's website.

Lument Finance Trust, Inc. (LFT) Q3 2023 Earnings Call Transcript

NEW YORK , Nov. 13, 2023 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we," "LFT" or "the Company") today reported its third quarter 2023 results. Distributable earnings for the quarter were $6.0 million, or $0.11 per share of common stock.

Lument Finance Trust Reports Third Quarter Results

NEW YORK , Nov. 8, 2023 /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, 2023, with the Securities and Exchange Commission on Monday, November 13, 2023, after market close. The Company invites investors and other interested parties to listen to its live conference call via telephone or webcast on Tuesday, November 14, 2023, at 8:30 a.m.

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

NEW YORK , Sept. 14, 2023 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("LFT" or the "Company") announced the declaration of a cash dividend of $0.07 per share of common stock with respect to the third quarter of 2023, which represents a 17% increase over the second quarter of 2023 dividend of $0.06 per share.

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

Lument Finance Trust, Inc. (NYSE:LFT ) Q2 2023 Earnings Conference Call August 9, 2023 8:30 AM ET Company Participants James Flynn - CEO James Briggs - CFO James Henson - President Zachary Halpern - Senior Director, Portfolio Management Conference Call Participants Crispin Love - Piper Sandler Stephen Laws - Raymond James Matthew Erdner - Jones Trading Christopher Nolan - Ladenburg Thalmann Operator Good morning and thank you for joining the Lument Finance Trust Second Quarter 2023 Earnings Call. Today's call is being recorded and will be made available via webcast on the company's website.

Lument Finance Trust, Inc. (LFT) Q2 2023 Earnings Call Transcript

Lument Finance (LFT) came out with quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.05 per share a year ago.

Lument Finance (LFT) Q2 Earnings and Revenues Miss Estimates

NEW YORK , Aug. 8, 2023 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we," "LFT" or "the Company") today reported its second quarter 2023 results. Distributable earnings for the quarter were $1.9 million, or $0.04 per share of common stock.

Lument Finance Trust Reports Second Quarter Results

NEW YORK , July 12, 2023 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("LFT") today announced the closing of a $386 million commercial real estate financing (the "LMF 2023-1 Financing"). The LMF 2023-1 Financing is LFT's fourth commercial real estate portfolio financing transaction since LFT's inception.

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

Lument Finance Trust, Inc. (NYSE:LFT ) Q1 2023 Earnings Conference Call May 12, 2023 8:30 AM ET Company Participants Charles Duddy - Investor Relations James Flynn - Chief Executive Officer James Briggs - Chief Financial Officer Conference Call Participants Crispin Love - Piper Sandler Steve DeLaney - JMP Securities Stephen Laws - Raymond James Matthew Erdner - JonesTrading Howard Blum - UBS Financial Services Christopher Nolan - Ladenburg Thalmann Operator Good morning and thank you for joining the Lument Finance Trust First Quarter 2023 Earnings Call. Today's call is being recorded and will be made available via webcast on the company's website.

Lument Finance Trust, Inc. (LFT) Q1 2023 Earnings Call Transcript

Lument Finance (LFT) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.07. This compares to earnings of $0.05 per share a year ago.

Lument Finance (LFT) Reports Break-Even Earnings for Q1

NEW YORK , May 11, 2023 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or "the Company") today reported its first quarter 2023 results. Distributable earnings for the quarter was $0.2 million, or $0.00 per share of common stock.

Lument Finance Trust Reports First Quarter Results

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Lument Finance Trust, Inc. (NYSE:LFT ) Q4 2022 Earnings Conference Call March 24, 2023 8:30 AM ET Company Participants Charles Duddy - Investor Relations James Flynn - Chief Executive Officer Michael Larsen - President James Briggs - Chief Financial Officer Conference Call Participants Stephen Laws - Raymond James Jason Stewart - JonesTrading Operator Good morning and thank you for joining the Lument Finance Trust Fourth Quarter 2022 Earnings Call. Today's call is being recorded and will be made available via webcast on the company's website.

Lument Finance Trust, Inc. (LFT) Q4 2022 Earnings Call Transcript

Lument (LFT) delivered earnings and revenue surprises of 20% and 23.71%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Lument Finance (LFT) Q4 Earnings Top Estimates

NEW YORK , March 23, 2023 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or "the Company") today reported its fourth quarter 2022 results. Distributable earnings for the quarter was $3.3 million, or $0.06 per share of common stock.

Lument Finance Trust Reports Fourth Quarter Results

Lument Finance Trust is a leveraged CRE REIT with loans in rental apartment developments. Although the company's borrowers are not suffering as a population, because rents are up and vacancies are down, some of them might find difficulties.

Lument Finance Trust Does Not Yield Enough For Its Risk

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Lument Finance Trust, Inc. (NYSE:LFT ) Q3 2022 Earnings Conference Call November 9, 2022 8:30 AM ET Company Participants Charles Duddy - Investor Relations James Flynn - Chief Executive Officer Jim Briggs - Chief Financial Officer Michael Larsen - President Conference Call Participants Crispin Love - Piper Sandler Christopher Nolan - Ladenburg Thalmann Matthew Erdner - JonesTrading Matthew Howlett - B. Riley Operator Good morning, and thank you for joining the Lument Finance Trust Third Quarter 2022 Earnings Call.

Lument Finance Trust, Inc. (LFT) Q3 2022 Earnings Call Transcript

Lument (LFT) delivered earnings and revenue surprises of -50% and 38.96%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Lument Finance (LFT) Misses Q3 Earnings and Revenue Estimates

Lument Finance Trust, Inc. (NYSE:LFT ) Q2 2022 Earnings Conference Call August 9, 2022 8:30 AM ET Company Participants Charles Duddy - MD James Flynn - CEO & Chairman James Briggs - CFO Michael Larsen - President Conference Call Participants Crispin Love - Piper Sandler & Co. Stephen Laws - Raymond James & Associates Steven Delaney - JMP Securities Matthew Erdner - JonesTrading Operator Good morning, and thank you for joining Lument Finance Trust Second Quarter 2022 Earnings Call. Today's call is being recorded and will be made available via webcast on the company's website.

Lument Finance Trust, Inc. (LFT) CEO James Flynn on Q2 2022 Results - Earnings Call Transcript

News for Lument Finance Trust Stock (LFT)