LFT Stock Price History and Quote Analysis: Insights for Investors
Lument Finance Trust, Inc.
Stock Price Today
Lument Finance Trust, Inc. (LFT) stock surged +1.63%, trading at $2.49 on NYSE, up from the previous close of $2.45. The stock opened at $2.43, fluctuating between $2.41 and $2.49 in the recent session.
Stock Snapshot
Stock Price History Chart
Contact Details
About Company
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 commercial 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. Lument Finance Trust, Inc. is qualified as a real estate investment trust (REIT) under the Internal Revenue Code of 1986. As a REIT, it would not be subject to federal income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Hunt Companies Finance Trust, Inc. and changed its name to Lument Finance Trust, Inc. in December 2020. Lument Finance Trust, Inc. was incorporated in 2012 and is headquartered in New York, New York.
Company Information
| Employees | 600 |
| Beta | 1.109 |
| Sales or Revenue | $109.40M |
| 5Y Sales Change% | 8.909% |
| Fiscal Year Ends | December |
| Sector | Real Estate |
| Industry | REIT - Mortgage |
Frequently Asked Questions
Lument Finance Trust, Inc. (NYSE: LFT) stock price is $2.49 in the last trading session. During the trading session, LFT stock reached the peak price of $2.49 while $2.41 was the lowest point it dropped to. The percentage change in LFT stock occurred in the recent session was 1.63% while the dollar amount for the price change in LFT stock was $0.04.
The NYSE listed LFT is part of REIT - Mortgage industry that operates in the broader Real Estate sector. Lument Finance Trust, Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
Mr. James Peter Flynn J.D.
Chief Executive Officer & Chairman
Ms. Precilla Gozum Torres
Senior MD & Head of Real Estate Investment Strategies
Mr. Michael P. Larsen
Pres
Mr. James Anthony Briggs
Chief Financial Officer
Mr. James Joseph Henson
Pres
Brendan Gover
Vice President of Investor Relations
Charles Duddy
Managing Director
Mr. Kian Fui Chong
Senior Vice President of Hunt Investment Management, LLC
LFT's closing price is 30.37% higher than its 52-week low of $1.91 where as its distance from 52-week high of $2.75 is -9.46%.
Number of LFT employees currently stands at 600.
Official Website of LFT is: https://lumentfinancetrust.com
LFT could be contacted at phone 212 317 5700 and can also be accessed through its website. LFT operates from 230 Park Avenue, New York, NY 10169, United States.
LFT stock volume for the day was 57.63K shares. The average number of LFT shares traded daily for last 3 months was 118.93K.
The market value of LFT currently stands at $130.17M with its latest stock price at $2.49 and 52.28M of its shares outstanding.
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