LUMENT FINANCE TRUST, INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 2.37 USD | +3.04% |
|
-0.42% | +1.72% |
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Lument Finance Trust, Inc. is a real estate investment trust (REIT). The Company is focused on investing in, originating, financing and managing a portfolio of commercial real estate (CRE) debt investments. It primarily invests or originates in transitional floating rate CRE mortgage loans with an emphasis on middle-market multifamily assets. The Company also invests in other CRE-related investments including mezzanine loans, preferred equity, commercial mortgage-backed securities, fixed rate loans, construction loans and other CRE debt instruments. It finances its investments in transitional multifamily and other CRE loans primarily through matched-term non-recourse secured borrowings, including collateralized loan obligations (CLO). Its mortgage loan investment portfolio consists of approximately 88 senior secured floating rate loans with an aggregate unpaid principal balance of $1.4 billion. The Company is externally managed by its manager, Lument Investment Management, LLC.
Sector
Specialized REITs
Calendar
2024-05-05
- Q1 2024 Earnings Release (Projected)
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
2.37
USD
Average target price
2.667
USD
Spread / Average Target
+12.52%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +1.72% | 124M | |
| -2.53% | 9.45B | |
| -4.89% | 6.72B | |
| -7.23% | 6.12B | |
| +4.96% | 5.42B | |
| -15.80% | 3.15B | |
| -15.55% | 2.43B | |
| -8.01% | 1.54B | |
| -13.66% | 1.53B | |
| -4.43% | 1.41B |
- Stock Market
- Equities
- LFT Stock
- News Lument Finance Trust, Inc.
- Raymond James Trims Lument Finance Trust's Price Target to $2.75 From $3.25, Maintains Outperform Rating
