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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News
- Lument (LFT) Moves to Buy: Rationale Behind the Upgrade [Yahoo! Finance]Yahoo! Finance
- Lument Finance Trust Third Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
- Lument Finance Trust Inc (LFT) Q3 2024 Earnings Call Highlights: Navigating Market Uncertainty ... [Yahoo! Finance]Yahoo! Finance
- Here's What Key Metrics Tell Us About Lument (LFT) Q3 Earnings [Yahoo! Finance]Yahoo! Finance
- Lument Finance (LFT) Q3 Earnings Match Estimates [Yahoo! Finance]Yahoo! Finance
LFT
Earnings
- 11/12/24 - Beat
LFT
Sec Filings
- 11/12/24 - Form 8-K
- 11/12/24 - Form 10-Q
- 9/16/24 - Form 8-K
- LFT's page on the SEC website