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Lument Finance Trust (LFT)
NYSE:LFT
Earnings Data
Report Date
May 12, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.09Last Year’s EPS
0.15Same Quarter Last Year
Moderate Buy
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 19, 2025
|% Change Since: -3.94%
|Next Earnings Date:May 12, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted stable credit risk ratings and successful loan payoffs, showing some positive momentum in lending activity and a strong focus on multi-family assets. However, challenges persist with elevated interest rates and the downgrade of some loans to high risk, alongside limited new investment activity. The sentiment is thus balanced.Company Guidance
During the fourth quarter of fiscal year 2024, Lument Finance Trust reported a GAAP net income of $0.07 per share and distributable earnings of $0.10 per share. Over the fiscal year, the company declared cumulative dividends of $0.40 per share, which included a $0.09 special dividend. The company’s portfolio consisted of 65 floating rate loans totaling approximately $1.1 billion, with an average rate of SOFR plus 358 basis points. The portfolio's financing was supported by securitizations with effective leverage of 78% and a weighted average cost of SOFR plus 226 basis points. Despite market volatility and elevated interest rates, the company remains optimistic about the increasing stability in commercial real estate and expects lending activity to continue its positive momentum into 2025. The Federal Reserve is projected to make two rate cuts in 2025, which may further impact the economic landscape. The company also indicated that its credit risk ratings have remained stable, though it has modestly increased specific reserves in line with expectations for portfolio performance.Stable Credit Risk Ratings
The credit risk ratings have remained largely stable, reflecting disciplined underwriting and ongoing borrower engagement. The company has managed to keep a stable credit risk rating while making modest increases to specific reserves.
Successful Loan Payoffs
During the fourth quarter, Lument Finance Trust experienced $144 million of loan payoffs and acquired one new loan asset. The company received full recovery of principal on two loans that were previously rated as high risk.
Positive Momentum in Lending Activity
The company is optimistic about the positive momentum for lending activity continuing into 2025, with increasing stability in commercial real estate and rental growth anticipated.
Strong Focus on Multi-Family Assets
Lument Finance Trust continues to focus on multi-family assets, which remain strong due to robust demand, constrained supply, and resilient rental trends.
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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
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LFT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 19, 2025 | $2.79 | $2.82 | +1.08% |
| Nov 12, 2024 | $2.30 | $2.23 | -3.04% |
| Aug 12, 2024 | $2.32 | $2.22 | -4.31% |
| May 09, 2024 | $1.97 | $2.08 | +5.58% |
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.
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FAQ
When does Lument Finance Trust (LFT) report earnings?
Lument Finance Trust (LFT) is schdueled to report earning on May 12, 2025, TBA Not Confirmed.
What is Lument Finance Trust (LFT) earnings time?
Lument Finance Trust (LFT) earnings time is at May 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
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 2025 (Q1) is 0.09.
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