Lument Finance Trust (LFT) Expected to Announce Quarterly Earnings on Friday

Lument Finance Trust (NYSE:LFT) is expected to announce its earnings results 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. Investors that wish to listen to the company’s conference call can do so using this link.

Lument Finance Trust Stock Performance

Shares of NYSE LFT opened at $2.71 on Friday. Lument Finance Trust has a 12-month low of $2.16 and a 12-month high of $2.80. The company has a market cap of $141.45 million, a PE ratio of 7.51 and a beta of 1.05. The stock has a 50 day simple moving average of $2.65 and a 200-day simple moving average of $2.59. The company has a current ratio of 6.29, a quick ratio of 6.29 and a debt-to-equity ratio of 5.39.

Lument Finance Trust Company Profile

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.