Lument Finance Trust (LFT) to Release Earnings on Thursday

Lument Finance Trust (NYSE:LFT) is anticipated to post its quarterly earnings results before the market opens on Thursday, March 13th. Analysts expect Lument Finance Trust to post earnings of $0.09 per share and revenue of $8.89 million for the quarter.

Lument Finance Trust Stock Performance

LFT opened at $2.67 on Wednesday. The company has a debt-to-equity ratio of 5.39, a current ratio of 6.29 and a quick ratio of 6.29. The firm has a fifty day moving average price of $2.64 and a 200 day moving average price of $2.58. Lument Finance Trust has a 1 year low of $2.16 and a 1 year high of $2.80. The stock has a market cap of $139.36 million, a P/E ratio of 7.40 and a beta of 1.05.

Lument Finance Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 13.51%. The ex-dividend date of this dividend was Tuesday, December 31st. Lument Finance Trust’s dividend payout ratio is presently 88.89%.

Lument Finance Trust Company Profile

Lument Finance Trust, Inc, a real estate investment trust, focuses on investing in, financing, and managing a portfolio of commercial real estate (CRE) debt investments in the United States. The company primarily invests in transitional floating rate CRE mortgage loans on middle market multi-family assets; and other CRE -related investments, including mezzanine loans, preferred equity, commercial mortgage-backed securities, fixed rate loans, construction loans, and other CRE debt instruments.