Lument Finance Trust: Loan Book Will Potentially Continue Shrinking, It Is Fairly Valued [Seeking Alpha]
Lument Finance Trust, Inc. (LFT)
Company Research
Source: Seeking Alpha
Follow Summary Lument Finance Trust's 2Q24 results showed a shrinking loan book and some loans entering non-accrual status. Still, maturity risk remains muted. The company's valuation and rating remained at two holds in the latest analysis. The 2021 CLO finished its reinvestment period, impacting Lument's loan portfolio in the second quarter and in the quarters ahead. elxeneize This article analyzes Lument Finance Trust's ( NYSE: LFT ) 2Q24 results and earnings call . It also revisits the company's valuation and the rating (coming from two Holds in February 2024 and March 2023 Lument's 2Q24 results were not surprising, with the loan book Recommended For You About LFT Stock Related Stocks Trending Analysis Trending News
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LFT
News
- Lument Finance Trust, Inc. (NYSE: LFT) was downgraded by analysts at Raymond James from an "outperform" rating to a "market perform" rating.MarketBeat
- Lument Finance Trust, Inc. Declares Quarterly Cash Dividends for its Common and Preferred Stock [Yahoo! Finance]Yahoo! Finance
- Lument Finance Trust, Inc. Declares Quarterly Cash Dividends for its Common and Preferred StockPR Newswire
- Lument Finance Trust, Inc. (LFT) Q2 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Lument Finance Trust Reports Second Quarter 2024 ResultsPR Newswire
LFT
Earnings
- 8/12/24 - Miss
LFT
Sec Filings
- 9/16/24 - Form 8-K
- 8/19/24 - Form 4
- 8/19/24 - Form 4
- LFT's page on the SEC website