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Lument Finance Trust, Inc. LFT

Listed / Traded Mortgage NYSE Mgmt:

Lument Finance Trust, Inc. functions as a real estate investment trust (REIT) with a core business centered on acquiring, financing, and managing a diverse portfolio of commercial real estate (CRE) debt investments throughout the United States. The company's primary focus lies in transitional floating-rate commercial mortgage loans, particularly those secured by middle-market multi-family assets. Beyond these, it also strategically invests in a variety of other CRE-related debt products, including mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), fixed-rate loans, and construction financing. As a formally qualified REIT under the Internal Revenue Code of 1986, Lument Finance Trust, Inc. benefits from a significant tax advantage: it is exempt from federal income taxes provided it distributes at least 90% of its taxable earnings to its shareholders. The firm underwent a name change in December 2020, having previously been known as Hunt Companies Finance Trust, Inc. Incorporated in 2012, its corporate headquarters are situated in New York, New York.

Business overview written from the company's own Form 10-K (Item 1), filed 2026-03-23 — refreshed whenever it files a new one. The figures above are current; see its SEC filings. ✓ From the 10-K

Plain-English: the Snapshot is the quick read — what it pays you (yield, dividend), how its cash flow looks (FFO/AFFO, Price/OCF) and how much debt it carries. Switch to Expert in the header to hide these explanations.

Snapshot

Price
$0.87
Market cap
$45.45M
Enterprise value
$993.50M
Dividend yieldi
18.46%
Annual dividendi
$0.16
Frequency
Quarterly
FFO / sharei
Not reported (common for mortgage REITs)
Distributable EPS / sharei
$0.02 · Q1 2026
Net debt / EBITDAi
34.26x · GAAP est.
Op. cash flow / sharei
$0.19
Price / OCFi
4.49
Payout (% of OCF)i
82.93%
Debt / book capitali
81.92%
Premium / disc. to NAVi
No free consensus-NAV source
Credit ratingi
No free ratings feed

Reported FFO / Distributable EPS / leverage are from the Q1 2026 earnings release (filed 2026-05-20) — 8-K, EX-99.1 ✓ Verified to filing.

Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.

$10,000 invested

11536shares (~$0.87 each)
$1846est. dividends / year
$154≈ per month
18.46%current yield

Illustrative income only, at today's price and latest declared dividend — it excludes price changes, dividend cuts and taxes. Not a forecast.

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Balance sheet (latest FY: 2025)

Total debt
$988.10M
Cash
$23.11M
Net debt / EBITDAi
34.26x
Debt / book capitali
81.92%
Total assets
$1.22B
Total equity
$218.99M
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Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.

Financial history

FYRevenueNet incomeD&A EBITDAOp. cash flow
2025 $79.18M $-2.75M $779.26K $51.93M $10.10M
2024 $34.86M $22.65M $0.00 $0.00 $27.13M
2023 $32.08M $19.71M $72.54M $167.06M $24.74M
2022 $20.02M $9.86M $61.14K $61.14K $16.29M
2021 $21.07M $10.53M $425.66K $425.66K $13.85M
2020 $19.14M $8.45M $0.00 $0.00 $12.22M

Dividends

Recent regular dividends per share (special distributions excluded), oldest → newest.

Ex-dateRecordPaymentDeclaredAmountFreq.
2026-06-302026-06-302026-07-15 2026-06-10$0.04Quarterly
2026-03-312026-03-312026-04-15 2026-03-16$0.04Quarterly
2025-12-312025-12-312026-01-15 2025-12-11$0.04Quarterly
2025-09-302025-09-302025-10-15 2025-09-16$0.04Quarterly
2025-06-302025-06-302025-07-15 2025-06-20$0.06Quarterly
2025-03-312025-03-312025-04-15 2025-03-19$0.08Semi-Annual
2024-12-312024-12-312025-01-15 2024-12-12$0.17Special
2024-09-302024-09-302024-10-15 2024-09-16$0.08Quarterly
2024-06-282024-06-282024-07-15 2024-06-13$0.08Quarterly
2024-03-272024-03-282024-04-15 2024-03-15$0.07Quarterly
2023-12-282023-12-292024-01-16 2023-12-12$0.07Quarterly
2023-09-282023-09-292023-10-16 2023-09-14$0.07Quarterly
2023-06-292023-06-302023-07-17 2023-06-14$0.06Quarterly
2023-03-302023-03-312023-04-17 2023-03-16$0.06Quarterly
2022-12-292022-12-302023-01-17 2022-12-15$0.06Quarterly
2022-09-292022-09-302022-10-17 2022-09-15$0.06Quarterly
2022-06-292022-06-302022-07-15 2022-06-15$0.06Quarterly
2022-03-302022-03-312022-04-15 2022-03-15$0.06Quarterly
2021-12-302021-12-312022-01-18 2021-12-15$0.09Quarterly
2021-09-292021-09-302021-10-15 2021-09-14$0.09Quarterly
2021-06-292021-06-302021-07-15 2021-06-16$0.09Quarterly
2021-03-302021-03-312021-04-15 2021-03-15$0.09Semi-Annual
2020-12-302020-12-312021-01-15 2020-12-21$0.13Special
2020-09-292020-09-302020-10-15 2020-09-17$0.09Quarterly

Coverage (payout of operating cash flow): 82.93%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).

Recent news — LFT

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Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.

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