LFT Stock Overview
Lument Finance Trust, Inc., a real estate investment trust, focuses on investing in, financing, and managing a portfolio of commercial real estate debt investments in the United States.
Lument Finance Trust Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$3.84|
|52 Week High||US$4.48|
|52 Week Low||US$2.93|
|1 Month Change||-4.00%|
|3 Month Change||-6.57%|
|1 Year Change||29.29%|
|3 Year Change||10.98%|
|5 Year Change||-26.30%|
|Change since IPO||-73.52%|
Recent News & Updates
Lument Finance Trust closes $1B commercial real estate CLO
buzbuzzer/E+ via Getty Images Lument Finance Trust (LFT) closes the $1B on-balance sheet commercial real estate collateralized loan obligation, known as LMNT 2021-FL1. It expects to redeem its two existing commercial real estate CLOs. ~$834M of investment grade notes were issued and sold to institutions, while a subsidiary of LFT retained subordinate interests of ~$166M. The securitization has a 30-month reinvestment period, and the initial collateral is ~$314M of capacity to acquire additional mortgage loans. "This transaction allows us to
|LFT||US Mortgage REITs||US Market|
Return vs Industry: LFT exceeded the US Mortgage REITs industry which returned 15.5% over the past year.
Return vs Market: LFT exceeded the US Market which returned 23.3% over the past year.
|LFT Average Weekly Movement||2.6%|
|Mortgage REITs Industry Average Movement||2.7%|
|Market Average Movement||6.0%|
|10% most volatile stocks in US Market||15.0%|
|10% least volatile stocks in US Market||2.3%|
Stable Share Price: LFT is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: LFT's weekly volatility (3%) has been stable over the past year.
About the Company
Lument Finance Trust, Inc., a real estate investment trust, focuses on investing in, financing, and managing a portfolio of commercial real estate debt investments in the United States. It primarily invests in transitional floating rate commercial mortgage loans on middle market multi-family assets; and other commercial real estate, including mezzanine loans, preferred equity, commercial mortgage-backed securities, fixed rate loans, construction loans, and other commercial real estate debt instruments. The company is qualified as a real estate investment trust (REIT) under the Internal Revenue Code.
Lument Finance Trust Fundamentals Summary
|LFT fundamental statistics|
Is LFT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|LFT income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.30|
|Net Profit Margin||37.77%|
How did LFT perform over the long term?See historical performance and comparison
9.4%Current Dividend Yield
Is Lument Finance Trust undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: LFT ($3.84) is trading above our estimate of fair value ($2.05)
Significantly Below Fair Value: LFT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: LFT is poor value based on its PE Ratio (12.9x) compared to the US Mortgage REITs industry average (9.6x).
PE vs Market: LFT is good value based on its PE Ratio (12.9x) compared to the US market (17.1x).
Price to Earnings Growth Ratio
PEG Ratio: LFT is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: LFT's PB Ratio (0.9x) is in line with the US Mortgage REITs industry average.
How is Lument Finance Trust forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LFT's forecast earnings growth (39.4% per year) is above the savings rate (2%).
Earnings vs Market: LFT's earnings (39.4% per year) are forecast to grow faster than the US market (14.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: LFT's revenue (17.8% per year) is forecast to grow faster than the US market (10.1% per year).
High Growth Revenue: LFT's revenue (17.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if LFT's Return on Equity is forecast to be high in 3 years time
How has Lument Finance Trust performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LFT has high quality earnings.
Growing Profit Margin: LFT's current net profit margins (37.8%) are lower than last year (40.1%).
Past Earnings Growth Analysis
Earnings Trend: LFT has become profitable over the past 5 years, growing earnings by 37.8% per year.
Accelerating Growth: LFT's earnings growth over the past year (2.9%) is below its 5-year average (37.8% per year).
Earnings vs Industry: LFT earnings growth over the past year (2.9%) underperformed the Mortgage REITs industry 46.7%.
Return on Equity
High ROE: LFT's Return on Equity (5.5%) is considered low.
How is Lument Finance Trust's financial position?
Financial Position Analysis
Short Term Liabilities: LFT's short term assets ($1.0B) exceed its short term liabilities ($7.9M).
Long Term Liabilities: LFT's short term assets ($1.0B) exceed its long term liabilities ($873.0M).
Debt to Equity History and Analysis
Debt Level: LFT's net debt to equity ratio (490%) is considered high.
Reducing Debt: LFT's debt to equity ratio has reduced from 1436.3% to 516% over the past 5 years.
Debt Coverage: LFT's debt is not well covered by operating cash flow (1.8%).
Interest Coverage: Insufficient data to determine if LFT's interest payments on its debt are well covered by EBIT.
What is Lument Finance Trust current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LFT's dividend (9.38%) is higher than the bottom 25% of dividend payers in the US market (1.33%).
High Dividend: LFT's dividend (9.38%) is in the top 25% of dividend payers in the US market (3.57%)
Stability and Growth of Payments
Stable Dividend: LFT has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: LFT has only been paying a dividend for 9 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (119.7%), LFT's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jim Flynn (44 yo)
Mr. James Flynn, also known as Jim, JD, has been the Chief Executive Officer of Lument Finance Trust, Inc. (formerly, Hunt Companies Finance Trust, Inc.) since January 18, 2018 and has been its Chairman si...
Experienced Management: LFT's management team is considered experienced (3.8 years average tenure).
Experienced Board: LFT's board of directors are considered experienced (6.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Lument Finance Trust, Inc.'s employee growth, exchange listings and data sources
- Name: Lument Finance Trust, Inc.
- Ticker: LFT
- Exchange: NYSE
- Founded: 2012
- Industry: Mortgage REITs
- Sector: Diversified Financials
- Market Cap: US$95.800m
- Shares outstanding: 24.95m
- Website: https://lumentfinancetrust.com
- Lument Finance Trust, Inc.
- 230 Park Avenue
- 23rd Floor
- New York
- New York
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/30 00:28|
|End of Day Share Price||2021/11/29 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.