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. It 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. The company is qualified as a real estate investment trust under the Internal Revenue Code of 1986. As a REIT, it would not be subject to federal income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Hunt Companies Finance Trust, Inc. and changed its name to Lument Finance Trust, Inc. in December 2020. Lument Finance Trust, Inc. was incorporated in 2012 and is headquartered in New York, New York.
Affordable Housing Focus | Lument Finance Trust's strategic emphasis on multifamily assets and affordable housing positions it favorably for potential market stabilization and growth |
Financial Resilience | Despite Q2 challenges, LFT maintains a stable book value, increases dividends, and boasts a 28.86% year-to-date stock return, trading near its 52-week high |
Credit Quality Concerns | Explore LFT's loan portfolio dynamics, including the absence of new originations and potential credit stress in 37% of the portfolio |
Analyst Outlook | Delve into JMP Securities' $3.00 price target and Market Outperform rating, reflecting confidence in LFT's future prospects despite recent headwinds |
Metrics to compare | LFT | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipLFTPeersSector | |
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P/E Ratio | 10.2x | 5.8x | 9.5x | |
PEG Ratio | −0.15 | 0.03 | 0.03 | |
Price/Book | 0.7x | 0.7x | 1.0x | |
Price / LTM Sales | 4.7x | 4.3x | 2.8x | |
Upside (Analyst Target) | 40.7% | 25.1% | 13.1% | |
Fair Value Upside | Unlock | 23.3% | 1.9% | Unlock |