LFT Research | Milton Maxwell

LFT

Lument Finance Trust, Inc.

1.5000

+0.0400+2.74%

Dec 16, 4:00:02 PM EST

Upcoming Earnings

Report date

-/-

Earnings Call Transcripts

This Quarter (Q1 '26)

No earnings call transcript available yet

Last Quarter (Q4 '25)

No earnings call transcript available

Key Stats

Market Cap

78.55M

P/E (TTM)

15.00

Basic EPS (TTM)

0.10

Dividend Yield

0.18%

Recent Filings

8-K

Secured loans extended to 2030

2/23/26Feb 23, 2026

Lument Finance Trust extended its secured term loans—$40.25M initial, $7.5M first incremental—to February 20, 2030 via Sixth Amendment, adding $2.25M second incremental drawn February 23 at 9.75% fixed rate (stepping up post-2029). Lenders tweaked borrowing base, advance rates, and covenants including leverage and liquidity. Maturity push buys four years runway.

8-K

LFT closes $664M CRE CLO

12/16/25Dec 16, 2025

Lument Finance Trust closed its $664M CRE CLO (LMNT CRE 2025-FL3) on December 10, 2025, issuing $585M investment-grade notes backed by $664M in first-lien multifamily bridge loans. Proceeds repaid warehouse facilities and funded reinvestment; a $50M NPL warehouse facility was also secured. Notes mature July 2043 with a 2.5-year reinvestment period.

8-K

LFT prices $664M CRE-CLO

11/28/25Nov 28, 2025

Lument Finance Trust's subsidiary inked a forward purchase agreement on November 24, 2025, for $135.6 million in multifamily and healthcare mortgage assets from manager affiliate LSF, settling December 10. It priced $663.8 million CRE-CLO LMNT 2025-FL3 on November 21, with $585 million investment grade notes at Term SOFR plus 1.91%, after redeeming $436.4 million LFT 2021-FL1. Deal closes mid-December.

8-K

Q3 earnings: $0.01 GAAP, $0.02 distributable

11/12/25Nov 12, 2025

Lument Finance Trust posted Q3 GAAP net income of $0.7 million ($0.01/share) and distributable earnings of $1.0 million ($0.02/share), while declaring a $0.04/share common dividend. Loan portfolio shrank to $822 million after $48.8 million payoffs, with 89.6% in multifamily and average remaining term of 6 months. Leverage eased to 3.2x. Short terms loom.

10-Q

Q3 FY2025 results

11/12/25Nov 12, 2025

Lument Finance Trust posted Q3 net interest income of $5.1M, down 27% q/q (derived) and 47% y/y (derived) as its $836M loan portfolio shrank from heavy repayments and $63M shifted to REO after foreclosures. Common EPS dipped to $0.01 from $0.10 y/y, matching 52.4M diluted shares, while YTD EPS of $0.03 reflects $5.8M credit provisions on stressed multifamily loans. Cash sits at $56M with $670M non-recourse CLO debt and $48M term loan at 7.85%, all covenants met. Portfolio stays 90% multifamily, 100% floating-rate. Loan defaults persist.

About

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.

CEO

Mr. James Peter Flynn J.D.

IPO

3/22/2013

Website

https://lumentfinancetrust.com

Sector

Real Estate

Industry

REIT - Mortgage