Lument Finance Trust, Inc. (LFT)
NYSE:LFT
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Earnings Data
Report Date
Aug 10, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.07Last Year’s EPS
0.05Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call conveyed a cautiously constructive tone: management demonstrated active portfolio management, liquidity preservation and some successful asset resolutions (sale of San Antonio REO, redeployment of payoffs into new loans), and sequential improvement in net interest income. However, the quarter included notable credit stress (REO impairments, charge-offs, and a concentration of seven risk-rated 5 loans representing ~10% of UPB), GAAP net loss, and distributable earnings that did not cover the declared dividend on a quarterly basis. Management emphasized cautious, selective redeployment and reliance on future securitization to restore full earnings coverage.Company Guidance
Distributable Earnings and Dividend Maintained
Reported distributable earnings of $1.1 million ($0.02 per share) for Q1 2026; declared quarterly dividend of $0.04 per common share, unchanged from prior quarter.
Active Redeployment and Match of Payoffs
Generated $47 million of aggregate loan payoffs in Q1 and deployed approximately $48 million into new loan assets (including a $1 million minority participation), effectively redeploying nearly all principal repayments during the period.
Portfolio Size and Composition
Total loan portfolio of 57 floating-rate loans with aggregate unpaid principal balance (UPB) of approximately $1.1 billion; 100% indexed to 1-month SOFR, weighted average spread of ~331 bps over SOFR, and ~93% of loans collateralized by multifamily assets.
Improvement in Net Interest Income
Net interest income improved sequentially to $5.7 million in Q1 from $5.4 million in Q4 (+$0.3 million, ~+5.6%), driven by improved leverage and lower cost of funds following CLO activity and financing changes.
Liquidity and Financing Flexibility
Ended Q1 with unrestricted cash of approximately $21 million, available warehouse capacity and FL3 CLO substantially fully deployed but with an approximate 88% advance rate; amended secured corporate loan extended to 2030 and upsized to $50 million to support liquidity.
Progress on REO Dispositions and Asset Resolution
REO portfolio consisted of 4 multifamily properties with aggregate carry value of ~$57 million and average occupancy of 72%; completed sale of San Antonio REO in early May for net proceeds of $12.4 million and completed foreclosure/resolution actions on other troubled assets (Colorado Springs foreclosure during Q1; Arlington foreclosure subsequent to quarter end).
LFT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
LFT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 15, 2026 | $1.15 | $1.07 | -6.96% |
Mar 23, 2026 | $1.34 | $1.19 | -10.85% |
Nov 12, 2025 | $1.45 | $1.40 | -3.24% |
Aug 08, 2025 | $2.13 | $1.94 | -9.10% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Lument Finance Trust, Inc. (LFT) report earnings?
Lument Finance Trust, Inc. (LFT) is schdueled to report earning on Aug 10, 2026, After Close (Confirmed).
What is Lument Finance Trust, Inc. (LFT) earnings time?
Lument Finance Trust, Inc. (LFT) earnings time is at Aug 10, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LFT EPS forecast?
LFT EPS forecast for the fiscal quarter 2026 (Q2) is 0.07.