Lument Finance Trust, Inc. (LFT-PA)

USD 23.16

(0.7%)

Market Cap (In USD)

1.21 Billion

Revenue (In USD)

32.07 Million

Net Income (In USD)

19.71 Million

Avg. Volume

2601.00

Currency
USD
Country
Real Estate
Open
-
Prev. Close
-
Day Range
-
Year Range
18.77-24.97
PE
-
EPS
-
Beta Value
1.113
ISIN
US55025L2079
CUSIP
55025L207
CIK
1547546
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Real Estate
Industry
REIT - Mortgage
CEO
Mr. James Peter Flynn J.D.
Employee Count
-
Website
https://lumentfinancetrust.com
Ipo Date
2021-05-06
Details
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. The company primarily invests in transitional floating rate commercial 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. Lument Finance Trust, Inc. is qualified as a real estate investment trust (REIT) 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.