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.

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Earnings data Q3 2023

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Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Lument Finance Trust reports steady Q4 performance amidst market challenges

Lument Finance Trust's Q4 performance showed steady financial results and dividend consistency.
While facing challenges from economic uncertainties, the company is well-positioned with a focus on rent growth.
Opportunities lie in the company's investment return profile, minimal exposure to risky assets, and growth potential in workforce housing.

Lument Finance Trust (LFT) reports strong Q1 performance amidst market challenges

Lument Finance Trust (LFT) navigated the Q1 2023 market landscape effectively, leveraging its strong multifamily portfolio and focusing on strategic financing decisions. The company faces challenges from elevated expenses and inflationary pressures but has opportunities to optimize loan structures and capitalize on potential spread expansions.

Lument Finance Trust reports solid Q2 performance amidst market challenges

Lument Finance Trust (LFT) demonstrated solid financial performance in Q2 2023, with a focus on active asset management and strategic financing transactions.
While facing challenges such as loan payoffs and economic uncertainties, LFT remains optimistic about the multifamily sector and is actively managing risks.
The company's strengths lie in its strong financial position, successful loan transitions to SOFR, and proactive engagement with sponsors.
Opportunities for LFT include potential earnings growth, dividend adjustments, and leveraging market opportunities for portfolio enhancement.

Lument Finance Trust reports strong Q3 earnings amidst real estate challenges

Lument Finance Trust (LFT) delivered solid financial performance in Q3 2023, with notable increases in net income and loan portfolio.
Despite challenges in the real estate market, LFT's strategic positioning and risk management remain strong.
The company's focus on long-term liabilities and investment strategy sets a positive outlook for future growth and opportunities.

Lument Finance Trust reports solid Q4 performance amidst market challenges

Lument Finance Trust (LFT) delivered strong financial results in Q4 2023, showcasing resilience and expertise in real estate finance.
While facing challenges in the multifamily market, LFT remains committed to its investment strategy and effective risk management practices.
The company's discussions around buybacks, dividend increases, and investment opportunities reflect a strategic approach to balancing growth and shareholder value.

Lument Finance Trust reports resilient earnings amidst industry challenges

Lument Finance Trust (LFT) showcased financial resilience with positive earnings amidst industry challenges.
Strategic portfolio management and increased cash liquidity position LFT for future opportunities.
Navigating challenges in the lending environment, LFT remains focused on middle-market multifamily credit for growth.

Lument Finance Trust reports stable earnings, eyes growth opportunities

Lument Finance Trust reported solid financial performance in Q2 2024, with increased dividends and stable earnings per share.
While facing challenges in credit quality and market distress, the company maintains a focus on proactive financing and liquidity management.
Opportunities for growth lie in exploring new transactions, optimizing financing strategies, and capitalizing on market opportunities.

Lument Finance Trust (LFT) reports steady earnings and explores securitization

Lument Finance Trust (LFT) delivered solid financial results in Q3 2024, with stable earnings and a focus on portfolio quality. The company's proactive approach to resolving assets and exploring securitization options reflects a commitment to long-term value creation. LFT's strong equity position and consistent risk management underscore its resilience in the market.

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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

Lument Finance Trust, Inc. (NYSE:LFT ) Q1 2022 Earnings Conference Call May 10, 2022 8:30 AM ET Company Participants Charles Duddy – IR James P. Flynn – CEO James Briggs – CFO Michael Larsen – President Precilla Torres – Senior Managing Director & Head of Real Estate Investment Strategies Conference Call Participants Crispin Love – Piper Sandler Stephen Laws – Raymond James Steven Delaney – JMP Securities Matthew Erdner – Jones Trading Christopher Nolan - Ladenburg, Thalmann & Company Matthew Howlett – B.

Lument Finance Trust's (LFT) CEO James Flynn on Q1 2022 Results - Earnings Call Transcript

Lument (LFT) delivered earnings and revenue surprises of -37.50% and 16.77%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Lument Finance (LFT) Q1 Earnings and Revenues Miss Estimates

Lument Finance Trust's (LFT) CEO James Flynn on Q4 2021 Results - Earnings Call Transcript

Lument (LFT) delivered earnings and revenue surprises of 10% and 12.34%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Lument Finance (LFT) Tops Q4 Earnings and Revenue Estimates

NEW YORK, March 15, 2022 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or the "Company") today reported its fourth quarter and full year 2021 results. Net income attributable to common stockholders for the fourth quarter was $2.5 million, or $0.10 per share of common stock, and for the full year was $7.4 million, or $0.30 per share of common stock.

LUMENT FINANCE TRUST REPORTS 2021 RESULTS AND DECLARES QUARTERLY DIVIDENDS FOR ITS COMMON AND PREFERRED STOCK

NEW YORK, Feb. 22, 2022 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ( "LFT" or the "Company") announced the final results of its transferable rights offering, which entitled holders of rights to purchase one share of common stock for every right held at a subscription price of $3.06 per share. The rights offering expired on February 11, 2022 at 5:00 p.m.

LUMENT FINANCE TRUST, INC. ANNOUNCES FINAL RESULTS OF TRANSFERABLE RIGHTS OFFERING

NEW YORK, Feb. 14, 2022 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("LFT" or the "Company") announced preliminary results of its transferable rights offering, which commenced on January 18, 2022 and expired on February 11, 2022 (the "Expiration Date"). Wells Fargo Securities, LLC and JMP Securities, A Citizens Company, acted as the dealer managers for the rights offering.

LUMENT FINANCE TRUST INC. ANNOUNCES EXPIRATION OF TRANSFERABLE RIGHTS OFFERING

NEW YORK, Feb. 2, 2022 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or "the Company") today announced preliminary, unaudited results for the three months and year ended December 31, 2021 based on currently available information. For the three months ended December 31, 2021, the Company estimates its net income attributable to common stockholders to be in the range of $2.2 million to $2.7 million, or $0.09 to $0.11 per basic and diluted share of common stock.

Lument Finance Trust Announces Preliminary Fourth Quarter And Full Year Results

NEW YORK, Jan. 7, 2022 /PRNewswire/ -- Lument Finance Trust, Inc.  (NYSE: LFT) ("we," "us," "our," "LFT" or the "Company") announced today that its Board of Directors has approved the terms of a transferable rights offering to purchase shares of its common stock. Wells Fargo Securities, LLC and JMP Securities, A Citizens Company, will act as Dealer Managers for the offering.

Lument Finance Trust, Inc. Announces Transferable Rights Offering

Lument Finance Trust's (LFT) CEO James Flynn on Q3 2021 Results - Earnings Call Transcript

NEW YORK, Nov. 4, 2021 /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, 2021 with the Securities and Exchange Commission on November 9, 2021, after the market closes, and invites investors and other interested parties to listen to its live conference call via telephone or webcast on Wednesday, November 10, 2021 at 10:00 a.m. Eastern Time.

Lument Finance Trust Announces Third Quarter Earnings Release and Investor Call Dates

Lument (LFT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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