Lument Finance Trust (NYSE:LFT – Get Free Report) released its quarterly earnings results on Friday. The technology company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.04), Zacks reports. Lument Finance Trust had a positive return on equity of 7.21% and a negative net margin of 3.47%.
Here are the key takeaways from Lument Finance Trust’s conference call:
- Lument Finance Trust reported GAAP net loss of $0.02 per share and distributable earnings of $0.02 per share for Q1 2026, while maintaining its quarterly dividend at $0.04 per share.
- Net interest income improved sequentially to $5.7 million, helped by lower financing costs and better leverage after redeeming the LMF financing and using warehouse facilities.
- The company remained active in portfolio rotation, generating $47 million of payoffs and redeploying capital into two new multifamily loans plus a small minority participation, while ending the quarter with $21 million of unrestricted cash.
- Credit quality was stable but still pressured, with 7 loans risk-rated 5 totaling about $108 million and additional reserve builds tied to legacy assets and REO impairments.
- Management said the San Antonio REO property sold in early May for net proceeds of $12.4 million, and said it remains focused on resolving legacy assets and selectively redeploying capital into higher-quality opportunities.
Lument Finance Trust Price Performance
Shares of NYSE:LFT traded down $0.08 on Friday, reaching $1.08. 271,665 shares of the company traded hands, compared to its average volume of 172,372. Lument Finance Trust has a fifty-two week low of $1.04 and a fifty-two week high of $2.65. The company’s 50 day moving average is $1.27 and its 200-day moving average is $1.38. The stock has a market capitalization of $56.37 million, a PE ratio of -7.68 and a beta of 0.57. The company has a debt-to-equity ratio of 6.11, a current ratio of 3.03 and a quick ratio of 3.03.
Lument Finance Trust Dividend Announcement
Analyst Ratings Changes
Separately, Wall Street Zen upgraded Lument Finance Trust from a “sell” rating to a “hold” rating in a research note on Sunday, March 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.
Check Out Our Latest Report on Lument Finance Trust
Institutional Investors Weigh In On Lument Finance Trust
Institutional investors and hedge funds have recently modified their holdings of the stock. Bank of America Corp DE lifted its position in shares of Lument Finance Trust by 3,989.4% during the 2nd quarter. Bank of America Corp DE now owns 14,640 shares of the technology company’s stock valued at $32,000 after acquiring an additional 14,282 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of Lument Finance Trust by 102.2% in the third quarter. BNP Paribas Financial Markets now owns 19,556 shares of the technology company’s stock valued at $40,000 after purchasing an additional 9,882 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of Lument Finance Trust in the second quarter valued at $55,000. Goldman Sachs Group Inc. purchased a new stake in shares of Lument Finance Trust in the first quarter valued at $66,000. Finally, Invesco Ltd. purchased a new stake in shares of Lument Finance Trust in the second quarter valued at $63,000. Institutional investors and hedge funds own 19.45% of the company’s stock.
About Lument Finance Trust
Lument Finance Trust is a real estate investment trust that focuses on originating and acquiring senior secured loans backed by commercial real estate properties. Listed on the New York Stock Exchange under the ticker LFT, the company seeks to generate attractive risk‐adjusted returns by targeting floating‐rate, first‐mortgage loans across a broad range of property types, including multifamily, office, retail, industrial and hospitality.
The firm’s core business activity centers on deploying capital into short‐ and medium‐term financing solutions for institutional real estate owners and developers.
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