Equity Overview
Price & Market Data
Price: $2.68
Daily Change: +$0.05 / 1.87%
Range: $2.63 - $2.68
Market Cap: $140,188,656
Volume: 78,261
Performance Metrics
1 Week: 1.90%
1 Month: -3.25%
3 Months: 3.08%
6 Months: 10.41%
1 Year: 19.97%
YTD: 3.88%
Company Details
Employees: 600
Sector: Finance
Industry: Real estate investment trusts
Country: United States
Details
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. It invests in transitional floating rate CRE 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. The company is qualified as a real estate investment trust 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.