XNYSLFTpA
Market cap143mUSD
Dec 20, Last price
23.30USD
1D
0.19%
1Q
1.48%
IPO
-8.09%
Name
Lument Finance Trust Inc
Profile
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.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 32,078 32.43% | 24,223 14.98% | 21,067 10.07% | |||||||
Cost of revenue | 10,095 | 8,216 | 6,403 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 21,982 | 16,006 | 14,664 | |||||||
NOPBT Margin | 68.53% | 66.08% | 69.61% | |||||||
Operating Taxes | 6 | 11 | 78 | |||||||
Tax Rate | 0.03% | 0.07% | 0.53% | |||||||
NOPAT | 21,977 | 15,995 | 14,586 | |||||||
Net income | 19,714 99.87% | 9,864 -6.30% | 10,527 24.59% | |||||||
Dividends | (17,798) | (16,387) | (12,093) | |||||||
Dividend yield | 14.62% | 17.84% | 12.62% | |||||||
Proceeds from repurchase of equity | 40 | 81,136 | ||||||||
BB yield | -0.03% | -88.33% | ||||||||
Debt | ||||||||||
Debt current | 876,282 | 873,628 | ||||||||
Long-term debt | 1,250,686 | 933,536 | 930,883 | |||||||
Deferred revenue | 884,964 | 879,548 | ||||||||
Other long-term liabilities | 2,374 | (873,921) | (873,628) | |||||||
Net debt | 1,199,439 | 689,811 | 1,789,762 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 24,738 | 16,289 | 13,847 | |||||||
CAPEX | ||||||||||
Cash from investing activities | (316,720) | (51,832) | (477,292) | |||||||
Cash from financing activities | 296,133 | 64,630 | 412,348 | |||||||
FCF | 901,695 | 35,578 | (380,517) | |||||||
Balance | ||||||||||
Cash | 51,247 | 1,120,007 | 14,749 | |||||||
Long term investments | ||||||||||
Excess cash | 49,643 | 1,118,796 | 13,696 | |||||||
Stockholders' equity | 105,251 | (71,597) | (64,458) | |||||||
Invested Capital | 1,386,954 | 2,958,447 | 1,992,225 | |||||||
ROIC | 1.01% | 0.65% | 0.94% | |||||||
ROCE | 1.53% | 0.80% | 0.76% | |||||||
EV | ||||||||||
Common stock shares outstanding | 52,231 | 48,342 | 24,946 | |||||||
Price | 2.33 22.63% | 1.90 -50.52% | 3.84 17.43% | |||||||
Market cap | 121,699 32.50% | 91,850 -4.11% | 95,792 17.48% | |||||||
EV | 1,378,492 | 839,016 | 1,942,908 | |||||||
EBITDA | 21,982 | 16,068 | 15,090 | |||||||
EV/EBITDA | 62.71 | 52.22 | 128.76 | |||||||
Interest | 74,801 | 32,810 | 15,512 | |||||||
Interest/NOPBT | 340.28% | 204.98% | 105.78% |