Lument Finance Trust
Originates and manages transitional floating-rate mortgages for middle-market multifamily assets.
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Profile
Invests in, finances, and manages commercial-real-estate debt, focused on transitional floating-rate mortgages for middle-market multifamily assets. An external manager supplies the personnel and portfolio-management capabilities.
Builds a commercial-real-estate debt portfolio rather than owning a broad set of operating properties. The primary focus is transitional, floating-rate commercial mortgage loans for middle-market multifamily assets, alongside originating, financing, investing, and management activities that support CRE credit. The business concentrates on a particular slice of real-estate lending rather than direct property ownership.
Lument Investment Management, LLC externally manages and advises the REIT, providing the personnel and capabilities used to run the portfolio. That arrangement makes the external manager central to day-to-day operations. The business emerged from a manager change and subsequent rebranding from the Hunt Companies Finance Trust identity. This operating arrangement is a structural feature of the REIT model.
Company facts
Categories
Key statistics
Year to date −45.9% · Average volume (30d) 248.4K
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 13, 2026Q2 FY26 | $0.07 | −$0.10 | −253.8% | $4.6M | $19.1M | +315.4% | −5.08% |
| May 15, 2026Q1 FY26 | $0.06 | $0.02 | −66.7% | $4.6M | $21.1M | +360.7% | +2.80% |
| Mar 23, 2026Q4 FY25 | $0.06 | −$0.17 | −383.3% | $5.0M | $5.4M | +8.1% | −10.87% |
| Nov 12, 2025Q3 FY25 | $0.06 | $0.02 | −66.7% | $7.8M | $5.1M | −34.4% | −3.25% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $21.3M | $19.3M | $18.3M | $16.2M | $21.1M | $19.1M | |
| Gross profit | $988.4K | $5.6M | $16.1M | −$4.8M | $19.0M | $16.6M | |
| Operating income | −$514.0K | $3.7M | $15.3M | −$7.8M | $18.2M | $6.6M | |
| Net income | −$522.6K | $3.7M | $1.8M | −$7.8M | $206.6K | −$8.0M | |
| Diluted EPS | −$0.03 | $0.05 | $0.01 | −$0.17 | −$0.02 | −$0.18 | |
| Gross margin | 4.6% | 28.9% | 87.8% | -29.8% | 89.7% | 86.9% | |
| Operating margin | -2.4% | 19.1% | 83.2% | -47.7% | 86.0% | 34.5% |
Fiscal years (4-quarter sums)FY21 $21.1M · FY22 $24.2M · FY23 $31.4M · FY24 $34.9M · FY25 $75.1M
Balance sheet, Jun 30, 2026Cash & short-term investments $29.0M · Total debt $901.5M · Total assets $1.12B · Shareholders' equity $204.7M
Dividends
Last cut to $0.04 from $0.06 in Sep 2025. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jun 30, 2026 | Jun 30 | Jul 15 | $0.04 | |
| Mar 31, 2026 | Mar 31 | Apr 15 | $0.04 | |
| Dec 31, 2025 | Dec 31 | Jan 15 | $0.04 | |
| Sep 30, 2025 | Sep 30 | Oct 15 | $0.04 | cut from $0.06 |
| Jun 30, 2025 | Jun 30 | Jul 15 | $0.06 | cut from $0.08 |
| Mar 31, 2025 | Mar 31 | Apr 15 | $0.08 | |
| Dec 31, 2024 | Dec 31 | Jan 15 | $0.17 | special dividend |
| Sep 30, 2024 | Sep 30 | Oct 15 | $0.08 |
Ownership
Shares outstanding 52.44M · Float 33.00M · 62.9% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| AXA S.A. | 3.34M | 6.37% | 13F | May 15, 2026 |
| BlackRock, Inc. | 2.22M | 4.23% | 13F | May 13, 2026 |
| Vanguard Capital Management LLC | 1.42M | 2.71% | 13F | May 15, 2026 |
| Panoramic Investment Advisors, LLC | 1.38M | 2.64% | 13F | May 7, 2026 |
| Melia Wealth LLC | 1.38M | 2.64% | 13F | May 8, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 24, 2026 | James Peter Flynn | officer: CEO | +10,000 | $0.6825 |
| Aug 21, 2026 | James Peter Flynn | officer: CEO | +20,000 | $0.6821 |
| Aug 24, 2026 | James A. Briggs | officer: Chief Financial Officer | +20,000 | $0.6899 |
| Aug 20, 2026 | William A. Houlihan | director | +20,000 | $0.6200 |
| Aug 20, 2026 | James Peter Flynn | officer: CEO | +20,000 | $0.6279 |
Peers
- Blackstone Mortgage Trust
Senior CRE lending with substantial multifamily exposure
- KKR Real Estate Finance Trust
Transitional senior CRE lending in liquid markets
- TPG RE Finance Trust
First-mortgage CRE lending with multifamily activity
- BrightSpire Capital
CRE credit REIT centered on first-mortgage loans
- Granite Point Mortgage Trust
Senior floating-rate commercial mortgage lending
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Lument Finance Trust | $0.7350 | −0.92% | $38.9M | — | 5.5 | 0.5 | −7.3% |
| Blackstone Mortgage Trust | $13.75 | +0.18% | $2.31B | 171.6 | 10.9 | 1.5 | +18.1% |
| KKR Real Estate Finance Trust | $7.59 | +0.20% | $488.0M | — | — | 1.2 | −82.3% |
| TPG RE Finance Trust | $7.73 | −0.06% | $593.4M | 14.3 | 7.2 | 2.2 | −58.7% |
| BrightSpire Capital | $4.75 | 0.00% | $601.0M | — | 7.8 | 1.8 | −0.9% |
| Granite Point Mortgage Trust | $1.08 | −0.46% | $51.8M | — | — | 0.4 | −87.2% |
| Median | 92.9 | 7.8 | 1.5 | −58.7% |