Welcome to our dedicated page for Lument Finance Trust news (Ticker: LFT), a resource for investors and traders seeking the latest updates and insights on Lument Finance Trust stock.
Lument Finance Trust, Inc. (NYSE: LFT) is a dynamic real estate investment trust (REIT) focused on investing, financing, and managing a diversified portfolio of commercial real estate debt investments. Headquartered in New York, the company emphasizes the acquisition of transitional floating-rate commercial real estate mortgage loans, mezzanine loans, preferred equity, fixed-rate loans, construction loans, commercial mortgage-backed securities (CMBS), and other commercial real estate (CRE) debt instruments.
Primarily targeting middle-market multi-family assets, Lument Finance Trust, Inc. has positioned itself as a significant player in commercial real estate financing. The company's core business strategy revolves around investing in transitional properties that require capital for repositioning or rehabilitation, thereby adding value and generating returns for investors. Their portfolio is designed to adapt to various market conditions, providing a robust and flexible approach to real estate investment.
Lument Finance Trust, Inc. operates under the guidance of Lument Investment Management, a Delaware limited liability company responsible for external management and advisory services. This partnership ensures strategic oversight and expert management of LFT's diverse investment portfolio, leveraging extensive industry experience and market insights.
Recently, Lument Finance Trust has reported significant milestones. In the second quarter of 2023, the company achieved distributable earnings of $1.9 million or $0.04 per share of common stock. This was followed by third-quarter results showcasing distributable earnings of $6.0 million or $0.11 per share, reflecting the company's consistent performance and ability to generate steady income. The first quarter of 2024 continued this positive trend, with distributable earnings reaching $7.6 million or $0.15 per share.
To keep investors and stakeholders updated, the company regularly publishes its financial results and hosts live conference calls. These events provide insights into the company's performance, strategic initiatives, and future outlook.
Lument Finance Trust, Inc. is committed to maintaining transparency and providing accessible information through its website and SEC filings. Investors can explore detailed financial reports and presentations, ensuring they are well-informed about the company's operations and prospects.
As a REIT, LFT is required to distribute at least 90% of its taxable income annually to shareholders, making dividends a crucial aspect of its investment appeal. The company believes that distributable earnings are a meaningful metric for assessing its performance and dividend potential, offering a reliable indicator for current and future investors.
For further details and updates, visitors can access additional information on the company's website or reach out to the investor relations team at Lument Finance Trust, 230 Park Avenue, 20th Floor, New York, NY 10169.
Lument Finance Trust, Inc. (NYSE: LFT) reported its fourth quarter 2022 results, revealing distributable earnings of $3.3 million or $0.06 per share. The GAAP net income attributable to common shareholders was $0.9 million, translating to $0.02 per share. A conference call is scheduled for March 24, 2023, at 8:30 a.m. ET to discuss these results in detail. The Company emphasizes that distributable earnings are a supplementary non-GAAP measure indicative of performance and future dividends. Investors are encouraged to evaluate the details further on Lument's website.
Lument Finance Trust (NYSE: LFT) has declared a cash dividend of $0.06 per share for the first quarter of 2023, payable on April 17, 2023, to stockholders on record as of March 31, 2023. Additionally, a cash dividend of $0.4921875 per share will be paid to holders of the 7.875% Cumulative Redeemable Series A Preferred Stock, also on April 17, 2023, for those on record by April 3, 2023. The company specializes in investing and managing commercial real estate debt, focusing on transitional floating rate mortgage loans primarily in mid-market multi-family assets.
Lument Finance Trust (LFT) declared a cash dividend of $0.06 per share for its common stock for Q3 2022, payable on January 17, 2023. The record date is set for December 30, 2022. Additionally, LFT announced a dividend of $0.4921875 per share for its Series A Preferred Stock, also payable on January 17, 2023, with a record date of January 3, 2023. The company focuses on investing in commercial real estate debt, primarily transitional floating rate commercial mortgage loans.
Lument Finance Trust (LFT) reported its third quarter 2022 results, showcasing distributable earnings of $1.7 million, equivalent to $0.03 per share. The GAAP net income for the quarter reached $0.3 million, or $0.01 per share. These results reflect ongoing investment activities in commercial real estate debt, particularly in floating rate mortgage loans. The full earnings presentation is available on their website.
Lument Finance Trust (LFT) is set to file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2022, on November 8, 2022, post-market close. The company invites stakeholders to join a live conference call on November 9, 2022, at 8:30 a.m. ET. LFT focuses on investing in floating rate commercial mortgage loans, particularly in middle-market multi-family assets. Further information and live access to the call can be found on their website.
Lument Finance Trust, Inc. (NYSE: LFT) has declared a cash dividend of $0.06 per share for the third quarter of 2022, payable on October 17, 2022, to stockholders of record by September 30, 2022. Additionally, a cash dividend of $0.4921875 per share is announced for the 7.875% Cumulative Redeemable Series A Preferred Stock, also payable on October 17, 2022, for preferred stockholders recorded by October 3, 2022.
Lument Finance Trust (LFT) reported its Q2 2022 results, revealing a GAAP net income of $2.2 million, equating to $0.04 per share, and distributable earnings of $2.5 million or $0.05 per share. The company will host a conference call on August 9, 2022, at 8:30 AM ET to discuss these results. The report also highlights the significance of distributable earnings as a key performance metric, influencing dividends and overall financial performance.
Lument Finance Trust (LFT) announced it will file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2022, on August 8, 2022, post-market close. A conference call is scheduled for August 9, 2022, at 8:30 a.m. ET to discuss the report. The call can be accessed at 1-888-336-7151 (US) or via a live webcast. LFT, focused on investing in commercial real estate debt, primarily in middle-market multi-family assets, is externally managed by OREC Investment Management, LLC.
Lument Finance Trust, Inc. (LFT) declared a cash dividend of $0.06 per share for common stock for Q2 2022, payable on July 15, 2022, for stockholders of record by June 30, 2022. Additionally, a dividend of $0.4921875 per share on its 7.875% Cumulative Redeemable Series A Preferred Stock is also set for payment on July 15, 2022, for holders of record by July 1, 2022. LFT focuses on investing in transitional floating rate commercial mortgage loans, primarily in middle-market multi-family assets.
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