Lument Finance Trust (LFT) Stock Price, News & Analysis

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lument Finance Trust in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" LFT shares.
View LFT analyst ratings or view top-rated stocks.

2 brokers have issued 12 month price objectives for Lument Finance Trust's shares. Their LFT share price targets range from $2.50 to $2.75. On average, they anticipate the company's stock price to reach $2.63 in the next year. This suggests a possible upside of 7.1% from the stock's current price.
View analysts price targets for LFT or view top-rated stocks among Wall Street analysts.

Lument Finance Trust's stock was trading at $2.33 on January 1st, 2024. Since then, LFT stock has increased by 5.2% and is now trading at $2.45.
View the best growth stocks for 2024 here.

Lument Finance Trust saw a decrease in short interest in the month of February. As of February 29th, there was short interest totaling 20,900 shares, a decrease of 9.9% from the February 14th total of 23,200 shares. Based on an average daily trading volume, of 73,700 shares, the days-to-cover ratio is presently 0.3 days.
View Lument Finance Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our LFT earnings forecast.

Lument Finance Trust, Inc. (NYSE:LFT) issued its quarterly earnings data on Thursday, May, 11th. The technology company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.07 by $0.03. The technology company earned $22.39 million during the quarter, compared to analyst estimates of $6.72 million. Lument Finance Trust had a net margin of 17.02% and a trailing twelve-month return on equity of 9.23%.

Lument Finance Trust announced a quarterly dividend on Friday, March 15th. Shareholders of record on Thursday, March 28th will be paid a dividend of $0.07 per share on Monday, April 15th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 11.43%. The ex-dividend date of this dividend is Wednesday, March 27th.
Read our dividend analysis for LFT.

Lument Finance Trust (NYSE:LFT) pays an annual dividend of $0.28 per share and currently has a dividend yield of 11.77%. LFT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 93.33%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, LFT will have a dividend payout ratio of 70.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LFT.

Lument Finance Trust's stock is owned by a number of retail and institutional investors. Top institutional investors include Melia Wealth LLC (0.38%). Insiders that own company stock include James A Briggs, James Christopher Hunt, James J Henson, James Peter Flynn, Walter C Keenan and William A Houlihan.
View institutional ownership trends.

Shares of LFT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.