Lument Finance Trust, Inc. (LFT) Q1 2026 Earnings Call Transcript
Lument Finance Trust NYSE: LFT reported a first-quarter 2026 GAAP net loss while management said it continued to focus on resolving legacy credit issues, managing real estate owned assets and selectively redeploying capital into new multifamily loan investments.
Lument Finance Trust, Inc. (LFT) Q4 2025 Earnings Call Transcript
Lument Finance Trust, Inc. ( LFT ) Q3 2025 Earnings Call November 13, 2025 8:30 AM EST Company Participants Andrew Tsang James Flynn - CEO & Chairman of the Board James Briggs - Chief Financial Officer Greg Calvert - President Conference Call Participants Christopher Muller - Citizens JMP Securities, LLC, Research Division Greg Bennett Presentation Operator Good morning, and thank you for joining the Lument Finance Trust Third Quarter 2025 Earnings Call. Today's call is being recorded and will be made available via webcast on the company's website.
My Concerns About Lument Were Valid, And The Name Cut The Dividend
Lument Finance Trust, Inc. (NYSE:LFT ) Q2 2025 Earnings Conference Call August 11, 2025 8:30 AM ET Company Participants Andrew Tsang - Corporate Participant Greg D. Calvert - President James Anthony Briggs - Chief Financial Officer James Peter Flynn - CEO & Chairman of the Board Operator Good morning, and thank you for joining the Lument Finance Trust Second Quarter 2025 Earnings Call.
Lument Finance Trust, Inc. (NYSE:LFT ) Q1 2025 Earnings Conference Call May 13, 2025 8:30 AM ET Company Participants Andrew Tsang - Investor Relations Jim Flynn - Chief Executive Officer Jim Briggs - Chief Financial Officer Greg Calvert - President Zach Halpern - Managing Director of Portfolio Management Conference Call Participants Jason Weaver - JonesTrading Steve Delaney - Citizens JMP Christopher Nolan - Ladenburg Thalmann Operator Good morning, and thank you for joining the Lument Finance Trust First Quarter 2025 Earnings Call. Today's call is being recorded and will be made available via webcast on the Company's website.
Lument Finance Trust's deleveraging continues with $144 million in loan repayments and only $13 million in new originations, shrinking the book by 24% in 2024. Defaults are rising, with four new loans totaling $50 million in default, posing significant risks to equity holders due to upcoming maturities. Despite a 22% discount to book value, the stock remains unattractive due to shrinking earnings power, limited refinancing visibility, and continued credit deterioration.
Lument Finance Trust, Inc. (NYSE:LFT ) Q4 2024 Earnings Conference Call March 20, 2025 8:30 AM ET Company Participants Andrew Tsang - Investor Relations Jim Flynn - CEO Jim Briggs - CFO Jim Henson - President Zach Halpern - Managing Director of Portfolio Management Conference Call Participants Stephen Laws - Raymond James Steve Delaney - Citizens Bank Christopher Nolan - Ladenburg Thalmann Operator Good morning. Thank you for joining the Lument Finance Trust Fourth Quarter 2024 Earnings Call.
Lument Finance (LFT) came out with quarterly earnings of $0.10 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.10 per share a year ago.
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Lument Financial Trust's 3Q24 results showed stable net interest income but highlighted ongoing challenges with 2021 loans and potential refinancing at less favorable rates. The company's valuation appears attractive due to a significant discount to book value and a high dividend yield, though both have notable risks. Management remains cautious about the stressed 2021 loan book and the uncertain macroeconomic environment, impacting future earnings and refinancing prospects.