Lument Finance Trust (LFT) to Release Quarterly Earnings on Friday

Lument Finance Trust (NYSE:LFT) is expected to issue its quarterly earnings data before the market opens on Friday, March 21st. Analysts expect the company to announce earnings of $0.10 per share and revenue of $8.89 million for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Lument Finance Trust Stock Up 0.3 %

LFT opened at $2.75 on Wednesday. Lument Finance Trust has a one year low of $2.16 and a one year high of $2.80. The company has a debt-to-equity ratio of 5.39, a quick ratio of 6.29 and a current ratio of 6.29. The stock’s fifty day moving average is $2.66 and its 200-day moving average is $2.59. The company has a market capitalization of $143.65 million, a PE ratio of 7.63 and a beta of 1.05.

About Lument Finance Trust

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 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.