Analyst Price Target is $2.56
▲ +22.61% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Lument Finance Trust in the last 3 months. The average price target is $2.56, with a high forecast of $3.00 and a low forecast of $2.00. The average price target represents a 22.61% upside from the last price of $2.09.
Current Consensus is
Moderate Buy
The current consensus among 3 investment analysts is to moderate buy stock in Lument Finance Trust. This Moderate Buy consensus rating has held steady for over two years.
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. The company was incorporated in 2012 and is headquartered in New York, New York.
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