Lument Finance Trust, Inc. (LFT) Q1 2025 Earnings Call Transcript |
Lument Finance Trust, Inc. (NYSE:LFT ) Q1 2025 Earnings Conference Call May 13, 2025 8:30 AM ET Company Participants Andrew Tsang - Investor Relations Jim Flynn - Chief Executive Officer Jim Briggs - Chief Financial Officer Greg Calvert - President Zach Halpern - Managing Director of Portfolio Management Conference Call Participants Jason Weaver - JonesTrading Steve Delaney - Citizens JMP Christopher Nolan - Ladenburg Thalmann Operator Good morning, and thank you for joining the Lument Finance Trust First Quarter 2025 Earnings Call. Today's call is being recorded and will be made available via webcast on the Company's website. |
seekingalpha.com |
2025-05-13 15:20:48 |
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Lument Finance Trust Reports First Quarter 2025 Results |
NEW YORK , May 12, 2025 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or "the Company") today reported its first quarter results. GAAP net loss attributable to common shareholders for the first quarter was $1.7 million, or $0.03 per share of common stock. |
prnewswire.com |
2025-05-12 20:45:00 |
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Lument Finance Trust Announces Quarter-End Earnings Release and Investor Call Dates |
NEW YORK , May 7, 2025 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we,"; "LFT" or "the Company") announced today that it expects to file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2025 with the Securities and Exchange Commission on Monday, May 12, 2025, after the market closes, and invites investors and other interested parties to listen to its live conference call via telephone or webcast on Tuesday, May 13, 2025 at 8:30 a.m. Eastern Time. |
prnewswire.com |
2025-05-07 20:30:00 |
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Lument Continues To Delever And Future Earnings Will See That Impact |
Lument Finance Trust's deleveraging continues with $144 million in loan repayments and only $13 million in new originations, shrinking the book by 24% in 2024. Defaults are rising, with four new loans totaling $50 million in default, posing significant risks to equity holders due to upcoming maturities. Despite a 22% discount to book value, the stock remains unattractive due to shrinking earnings power, limited refinancing visibility, and continued credit deterioration. |
seekingalpha.com |
2025-04-01 09:21:59 |
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Lument Finance Trust, Inc. (LFT) Q4 2024 Earnings Call Transcript |
Lument Finance Trust, Inc. (NYSE:LFT ) Q4 2024 Earnings Conference Call March 20, 2025 8:30 AM ET Company Participants Andrew Tsang - Investor Relations Jim Flynn - CEO Jim Briggs - CFO Jim Henson - President Zach Halpern - Managing Director of Portfolio Management Conference Call Participants Stephen Laws - Raymond James Steve Delaney - Citizens Bank Christopher Nolan - Ladenburg Thalmann Operator Good morning. Thank you for joining the Lument Finance Trust Fourth Quarter 2024 Earnings Call. |
seekingalpha.com |
2025-03-20 14:50:05 |
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Lument Finance (LFT) Matches Q4 Earnings Estimates |
Lument Finance (LFT) came out with quarterly earnings of $0.10 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.10 per share a year ago. |
zacks.com |
2025-03-19 21:35:20 |
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Lument Finance Trust Reports 2024 Results and Declares Quarterly Dividends for Its Common and Preferred Stock |
NEW YORK , March 19, 2025 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or "the Company") today reported its fourth quarter and full year 2024 results. GAAP net income attributable to common shareholders for the fourth quarter was $3.6 million, or $0.07 per share of common stock, and for the full year was $17.9 million, or $0.34 per share of common stock. |
prnewswire.com |
2025-03-19 19:15:00 |
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Lument Finance Trust Announces Year-End Earnings Release and Investor Call Dates |
NEW YORK , March 12, 2025 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we,"; "LFT" or "the Company") announced today that it expects to file its Annual Report on Form 10-K for the year ended December 31, 2025 with the Securities and Exchange Commission on Wednesday, March 19, 2025, after the market closes, and invites investors and other interested parties to listen to its live conference call via telephone or webcast on Thursday, March 20, 2025 at 8:30 a.m. eastern time. |
prnewswire.com |
2025-03-12 18:45:00 |
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Lument Closes $198 Million in Multifamily Bridge Loans in December 2024 |
These latest closings support a wide range of business plans. An additional $170 million of bridge loans are currently under application and set to close in early 2025. |
prnewswire.com |
2025-01-16 15:33:00 |
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Is Lument Finance Trust (LFT) a Great Value Stock Right Now? |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
zacks.com |
2025-01-08 12:41:12 |
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Lument Finance Trust, Inc. Declares Quarterly Cash Dividends for its Common and Preferred Stock and Announces Special Cash Dividend Distribution |
NEW YORK , Dec. 12, 2024 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("LFT" or the "Company") announced the declaration of a cash dividend of $0.08 per share of common stock with respect to the fourth quarter of 2024. The Company also announced the declaration of a one-time special cash dividend of $0.09 per share of common stock due to real estate investment trust tax considerations. |
prnewswire.com |
2024-12-12 19:50:00 |
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Lument Finance Trust Remains Fairly Valued In Wait Of 2021 Loan Book Workout |
Lument Financial Trust's 3Q24 results showed stable net interest income but highlighted ongoing challenges with 2021 loans and potential refinancing at less favorable rates. The company's valuation appears attractive due to a significant discount to book value and a high dividend yield, though both have notable risks. Management remains cautious about the stressed 2021 loan book and the uncertain macroeconomic environment, impacting future earnings and refinancing prospects. |
seekingalpha.com |
2024-11-21 02:34:30 |
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Lument (LFT) Moves to Buy: Rationale Behind the Upgrade |
Lument (LFT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term. |
zacks.com |
2024-11-15 15:00:26 |
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Lument Finance Trust, Inc. (LFT) Q3 2024 Earnings Call Transcript |
Lument Finance Trust, Inc. (LFT) Q3 2024 Earnings Call Transcript |
seekingalpha.com |
2024-11-13 17:40:28 |
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Here's What Key Metrics Tell Us About Lument (LFT) Q3 Earnings |
While the top- and bottom-line numbers for Lument (LFT) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. |
zacks.com |
2024-11-12 23:30:49 |
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Lument Finance (LFT) Q3 Earnings Match Estimates |
Lument Finance (LFT) came out with quarterly earnings of $0.10 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.11 per share a year ago. |
zacks.com |
2024-11-12 21:20:35 |
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Lument Finance Trust Reports Third Quarter 2024 Results |
NEW YORK , Nov. 12, 2024 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or "the Company") today reported its third quarter results. GAAP net income attributable to common shareholders for the third quarter was $5.1 million, or $0.10 per share of common stock. |
prnewswire.com |
2024-11-12 18:45:00 |
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Lument Finance Trust Announces Quarter-End Earnings Release and Investor Call Dates |
NEW YORK , Nov. 5, 2024 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we,"; "LFT" or "the Company") announced today that it expects to file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2024 with the Securities and Exchange Commission on Tuesday, November 12, 2024, after the market closes, and invites investors and other interested parties to listen to its live conference call via telephone or webcast on Wednesday, November 13, 2024 at 8:30 a.m. eastern time. |
prnewswire.com |
2024-11-05 18:30:00 |
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Lument Finance Trust, Inc. Declares Quarterly Cash Dividends for its Common and Preferred Stock |
NEW YORK , Sept. 16, 2024 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("LFT" or the "Company") announced the declaration of a cash dividend of $0.08 per share of common stock with respect to the third quarter of 2024. |
prnewswire.com |
2024-09-16 20:45:00 |
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Lument Finance Trust: Loan Book Will Potentially Continue Shrinking, It Is Fairly Valued |
Lument Finance Trust's 2Q24 results showed a shrinking loan book and some loans entering non-accrual status. Still, maturity risk remains muted. The company's valuation and rating remained at two holds in the latest analysis. The 2021 CLO finished its reinvestment period, impacting Lument's loan portfolio in the second quarter and in the quarters ahead. |
seekingalpha.com |
2024-08-25 07:23:39 |
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Lument Finance Trust, Inc. (LFT) Q2 2024 Earnings Call Transcript |
Lument Finance Trust, Inc. (NYSE:LFT ) Q2 2024 Results Conference Call August 13, 2024 1:00 PM ET Company Participants Andrew Tsang - Senior Director of Corporate Development Jim Flynn - CEO Jim Briggs - CFO Jim Henson - President Zachary Halpern - Managing Director of Portfolio Management Conference Call Participants Crispin Love - Piper Sandler Matthew Erdner - JonesTrading Steve Delaney - Citizens JMP Stephen Laws - Raymond James Christopher Nolan - Ladenburg Thalmann Operator Good afternoon. And thank you for joining the Lument Finance Trust Second Quarter 2024 Earnings Call. |
seekingalpha.com |
2024-08-13 20:25:05 |
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Lument Finance (LFT) Misses Q2 Earnings and Revenue Estimates |
Lument Finance (LFT) came out with quarterly earnings of $0.09 per share, missing the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.04 per share a year ago. |
zacks.com |
2024-08-12 23:37:10 |
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Lument Finance Trust Reports Second Quarter 2024 Results |
NEW YORK , Aug. 12, 2024 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or "the Company") today reported its second quarter results. GAAP net income attributable to common shareholders for the second quarter was $3.4 million, or $0.07 per share of common stock. |
prnewswire.com |
2024-08-12 20:50:00 |
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Lument Finance Trust Announces Quarter-End Earnings Release and Investor Call Dates |
NEW YORK , Aug. 6, 2024 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we,"; "LFT" or "the Company") announced today that it expects to file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2024 with the Securities and Exchange Commission on Monday, August 12, 2024, after the market closes, and invites investors and other interested parties to listen to its live conference call via telephone or webcast on Tuesday, August 13, 2024 at 1:00 p.m. eastern time. |
prnewswire.com |
2024-08-06 21:00:00 |
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Want $18,000 in Passive Income? Invest $15,000 in These Dividend Stocks |
24/7 Wall Street Insights Inflation and reduced purchasing power due to escalating prices is impacting millions of Americans. |
247wallst.com |
2024-07-11 15:57:36 |
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Lument Finance Trust, Inc. Announces Quarterly Common Stock Dividend Increase |
NEW YORK , June 13, 2024 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("LFT" or the "Company") announced the declaration of a cash dividend of $0.08 per share of common stock with respect to the second quarter of 2024, which represents a 14% increase over the first quarter of 2024 dividend of $0.07 per share. The dividend is payable on July 15, 2024, to common stockholders of record as of the close of business on June 28, 2024. |
prnewswire.com |
2024-06-13 12:00:00 |
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Buy Alert: 3 Penny Stocks That Will Explode in 2024 |
When the term penny stocks to buy is thrown around, ideas of high-risk-high-reward, overnight wealth generation and potential scams may come to mind. However, investing in carefully-selected penny stocks can yield a much less volatile experience. |
investorplace.com |
2024-06-05 10:00:00 |
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Lument Finance Trust Reports First Quarter 2024 Results |
NEW YORK , May 9, 2024 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or "the Company") today reported its first quarter results. Distributable earnings for the first quarter were $7.6 million, or $0.15 per share of common stock. |
prnewswire.com |
2024-05-09 21:00:00 |
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Lument Finance Trust Announces Quarter-End Earnings Release and Investor Call Dates |
NEW YORK , May 6, 2024 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we,"; "LFT" or "the Company") announced today that it expects to file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2024 with the Securities and Exchange Commission on Thursday, May 9, 2024, after the market closes, and invites investors and other interested parties to listen to its live conference call via telephone or webcast on Friday, May 10, 2024 at 8:30 a.m. eastern time. |
prnewswire.com |
2024-05-06 22:23:00 |
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Lument Finance Trust, Inc. (LFT) Q4 2023 Earnings Call Transcript |
Lument Finance Trust, Inc. (LFT) Q4 2023 Earnings Call Transcript |
seekingalpha.com |
2024-03-18 13:04:02 |
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