Lument Finance Trust, Inc. LFT
LFT is a Maryland corporation focused on investing in, financing and managing a portfolio of commercial real estate debt investments. The Company primarily invests in transitional floating rate commercial mortgage loans with an emphasis on middle-market multi-family assets. LFT is externally managed and advised by Lument Investment Management LLC, a Delaware limited liability company.
Snapshot
Reported FFO / Distributable EPS / leverage are from the Q1 2026 earnings release (filed 2026-05-20) — 8-K, EX-99.1.
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.
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. 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
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-06-30 | 2026-06-30 | 2026-07-15 | 2026-06-10 | $0.04 | Quarterly |
| 2026-03-31 | 2026-03-31 | 2026-04-15 | 2026-03-16 | $0.04 | Quarterly |
| 2025-12-31 | 2025-12-31 | 2026-01-15 | 2025-12-11 | $0.04 | Quarterly |
| 2025-09-30 | 2025-09-30 | 2025-10-15 | 2025-09-16 | $0.04 | Quarterly |
| 2025-06-30 | 2025-06-30 | 2025-07-15 | 2025-06-20 | $0.06 | Quarterly |
| 2025-03-31 | 2025-03-31 | 2025-04-15 | 2025-03-19 | $0.08 | Quarterly |
| 2024-12-31 | 2024-12-31 | 2025-01-15 | 2024-12-12 | $0.17 | Special |
| 2024-09-30 | 2024-09-30 | 2024-10-15 | 2024-09-16 | $0.08 | Quarterly |
| 2024-06-28 | 2024-06-28 | 2024-07-15 | 2024-06-13 | $0.08 | Quarterly |
| 2024-03-27 | 2024-03-28 | 2024-04-15 | 2024-03-15 | $0.07 | Quarterly |
| 2023-12-28 | 2023-12-29 | 2024-01-16 | 2023-12-12 | $0.07 | Quarterly |
| 2023-09-28 | 2023-09-29 | 2023-10-16 | 2023-09-14 | $0.07 | Quarterly |
| 2023-06-29 | 2023-06-30 | 2023-07-17 | 2023-06-14 | $0.06 | Quarterly |
| 2023-03-30 | 2023-03-31 | 2023-04-17 | 2023-03-16 | $0.06 | Quarterly |
| 2022-12-29 | 2022-12-30 | 2023-01-17 | 2022-12-15 | $0.06 | Quarterly |
| 2022-09-29 | 2022-09-30 | 2022-10-17 | 2022-09-15 | $0.06 | Quarterly |
| 2022-06-29 | 2022-06-30 | 2022-07-15 | 2022-06-15 | $0.06 | Quarterly |
| 2022-03-30 | 2022-03-31 | 2022-04-15 | 2022-03-15 | $0.06 | Quarterly |
| 2021-12-30 | 2021-12-31 | 2022-01-18 | 2021-12-15 | $0.09 | Quarterly |
| 2021-09-29 | 2021-09-30 | 2021-10-15 | 2021-09-14 | $0.09 | Quarterly |
| 2021-06-29 | 2021-06-30 | 2021-07-15 | 2021-06-16 | $0.09 | Quarterly |
| 2021-03-30 | 2021-03-31 | 2021-04-15 | 2021-03-15 | $0.09 | Quarterly |
| 2020-12-30 | 2020-12-31 | 2021-01-15 | 2020-12-21 | $0.13 | Special |
| 2020-09-29 | 2020-09-30 | 2020-10-15 | 2020-09-17 | $0.09 | Quarterly |
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).
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.