Lument Finance Trust (NYSE:LFT) Announces Quarterly Earnings Results, Misses Estimates By $0.04 EPS

Lument Finance Trust (NYSE:LFT) released its quarterly earnings data on Friday. The technology company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.04), Zacks reports. Lument Finance Trust had a negative net margin of 3.47% and a positive return on equity of 7.21%.

Here are the key takeaways from Lument Finance Trust’s conference call:

• Lument Finance Trust reported GAAP net loss of $0.02 per share and distributable earnings of $0.02 per share for Q1 2026, while maintaining its quarterly dividend at $0.04 per share.
• Net interest income improved sequentially to $5.7 million, helped by lower financing costs and better leverage after redeeming the LMF financing and using warehouse facilities.
• The company remained active in portfolio rotation, generating $47 million of payoffs and redeploying capital into two new multifamily loans plus a small minority participation, while ending the quarter with $21 million of unrestricted cash.
• Credit quality was stable but still pressured, with 7 loans risk-rated 5 totaling about $108 million and additional reserve builds tied to legacy assets and REO impairments.
• Management said the San Antonio REO property sold in early May for net proceeds of $12.4 million, and said it remains focused on resolving legacy assets and selectively redeploying capital into higher-quality opportunities.

Lument Finance Trust Trading Down 6.5%

Lument Finance Trust stock traded down $0.08 during midday trading on Friday, reaching $1.08. The stock had a trading volume of 271,665 shares, compared to its average volume of 172,372. Lument Finance Trust has a twelve month low of $1.04 and a twelve month high of $2.65. The stock has a market capitalization of $56.37 million, a PE ratio of -7.68 and a beta of 0.57. The company has a debt-to-equity ratio of 6.11, a quick ratio of 3.03 and a current ratio of 3.03. The stock’s 50-day simple moving average is $1.27 and its 200 day simple moving average is $1.38.

Lument Finance Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were issued a $0.04 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $0.16 dividend on an annualized basis and a yield of 14.9%. Lument Finance Trust’s dividend payout ratio (DPR) is presently -114.29%.

Institutional Trading of Lument Finance Trust

Large investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC lifted its stake in shares of Lument Finance Trust by 132.9% during the second quarter. Geode Capital Management LLC now owns 1,058,721 shares of the technology company’s stock worth $2,340,000 after purchasing an additional 604,205 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of Lument Finance Trust during the fourth quarter worth about $139,000. Goldman Sachs Group Inc. lifted its stake in shares of Lument Finance Trust by 71.3% during the fourth quarter. Goldman Sachs Group Inc. now owns 112,804 shares of the technology company’s stock worth $159,000 after purchasing an additional 46,936 shares in the last quarter. New York State Common Retirement Fund acquired a new position in shares of Lument Finance Trust during the second quarter worth about $98,000. Finally, Citadel Advisors LLC lifted its stake in shares of Lument Finance Trust by 125.6% in the third quarter. Citadel Advisors LLC now owns 76,989 shares of the technology company’s stock worth $156,000 after acquiring an additional 42,862 shares in the last quarter. 19.45% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded Lument Finance Trust from a “sell” rating to a “hold” rating in a report on Sunday, March 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Lument Finance Trust has an average rating of “Sell”.

Lument Finance Trust Company Profile

Lument Finance Trust is a real estate investment trust that focuses on originating and acquiring senior secured loans backed by commercial real estate properties. Listed on the New York Stock Exchange under the ticker LFT, the company seeks to generate attractive risk‐adjusted returns by targeting floating‐rate, first‐mortgage loans across a broad range of property types, including multifamily, office, retail, industrial and hospitality.

The firm’s core business activity centers on deploying capital into short‐ and medium‐term financing solutions for institutional real estate owners and developers.