| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | 3 | 3 | — | — | 4 | — | 1 | — | — | 6 | — |
| Sell | — | — | — | — | — | 1 | — | — | — | — | — | — |
| total | individual payouts | |
|---|---|---|
| 2027 | ‡‡‡‡‡ |
|
| 2026 | 2.13 |
—
—
|
| 2025 | 0.29 |
—
—
—
—
|
| 2024 | 0.31 |
—
—
—
—
|
| 2023 | 0.26 |
—
—
—
—
|
| 2022 | 0.24 |
—
—
—
—
|
| 2021 | 0.36 |
—
—
—
—
|
| 2020 | 0.33 |
—
—
—
—
|
| 2019 | 0.30 |
—
—
—
—
|
| 2018 | 0.28 |
—
—
—
—
—
—
—
—
|
| 2017 | 0.60 |
—
—
—
—
—
—
—
—
—
—
—
—
|
| 2016 | 2.05 |
—
—
—
—
—
—
—
—
—
—
—
—
—
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 51.52 | 71.56 | 26.62 | 54.68 |
| Receivables | — | — | — | — |
| Inventory | — | — | — | — |
| Other | — | — | — | — |
| 51.52 | 71.56 | 26.62 | 54.68 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 8.62 | 12.14 | 6.93 | 7.72 |
| ST’ Debt | — | — | — | — |
| Other | — | — | — | — |
| 12.71 | 14.84 | 8.80 | 9.15 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Earnings | ‡‡‡ | ‡‡‡ | ‡‡‡ |
| Book Value | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 21.07 | 19.05 | — | — |
—
|
| ’25 | 22.31 | 20.58 | 18.29 | 17.83 |
79.00
|
| ’24 | 35.44 | 30.64 | 29.67 | 26.38 |
122.13
|
| ’23 | 22.21 | 22.65 | 31.86 | 32.48 |
109.19
|
| ’22 | 10.01 | 12.64 | 14.75 | 19.28 |
56.69
|
| ’21 | 7.47 | 8.24 | 9.47 | 11.00 |
36.19
|
| ’20 | 9.19 | 8.48 | 8.12 | 7.83 |
33.62
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 3.57 | 0.50 | — | — |
—
|
| ’25 | 4.09 | 3.61 | 1.14 | 1.25 |
10.10
|
| ’24 | 9.08 | 5.49 | 6.23 | 6.33 |
27.13
|
| ’23 | 5.84 | 4.25 | 5.43 | 9.22 |
24.74
|
| ’22 | 4.56 | 3.74 | 3.44 | 4.55 |
16.29
|
| ’21 | 3.17 | 3.89 | 4.86 | 1.92 |
13.85
|
| ’20 | 2.37 | 2.78 | 3.47 | 3.60 |
12.22
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 3.51 | 12.40 | — | — |
—
|
| ’25 | 4.09 | 3.61 | 0.28 | 8.00 |
15.98
|
| ’24 | 9.08 | 5.49 | 6.23 | 6.33 |
27.13
|
| ’23 | 5.84 | 4.25 | 5.43 | 9.22 |
24.74
|
| ’22 | 4.56 | 3.74 | 3.44 | 4.55 |
16.29
|
| ’21 | 3.17 | 3.89 | 4.86 | 1.92 |
13.85
|
| ’20 | 2.37 | 2.78 | 3.47 | 3.60 |
12.22
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | (0.20) | (1.80) | — | — |
—
|
| ’25 | (0.30) | 0.50 | 0.10 | (1.70) |
(1.40)
|
| ’24 | 1.10 | 0.70 | 1.00 | 0.70 |
3.40
|
| ’23 | 0.90 | 0.30 | 1.00 | 0.80 |
2.90
|
| ’22 | 0.50 | 0.40 | 0.10 | 0.20 |
1.10
|
| ’21 | 1.10 | 0.40 | 0.50 | 1.00 |
3.00
|
| ’20 | 0.60 | 0.80 | 1.00 | 1.00 |
3.40
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡ | ‡‡‡‡ | 18.40 | 15.30 | 21.60 | 13.90 | — | — | — |
Low Price
|
| ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | 39.60 | 24.50 | 27.90 | 28.40 | — | — | — |
High Price
|
| — | — | — | — | — | ‡‡‡‡‡ | 600 | 600 | 600 | 550 | — | — | — |
Employees
|
| ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | 0.09 | 0.18 | 0.20 | 0.14 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 56.69 | 109.19 | 122.13 | 79.00 | ‡‡‡‡‡ | ‡‡‡‡‡ | — |
Revenue
|
| ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | 100.00% | 100.00% | 100.00% | 100.00% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 9.87 | 19.72 | 22.67 | (2.74) | — | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 17.42% | 18.06% | 18.56% | (3.46%) | ‡‡‡ | ‡‡‡ | — |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 9.86 | 19.71 | 22.65 | (2.75) | ‡‡‡‡‡ | ‡‡‡‡‡ | — |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.59 | 2.15 | (0.39) | 0.34 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 11.73 | 20.91 | 23.36 | 15.09 | ‡‡‡‡‡ | ‡‡‡‡‡ | — |
Revenue/Sh
|
| ‡‡‡‡ | ‡‡‡ | ‡‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | 1.10 | 2.90 | 3.40 | (1.40) | ‡‡‡ | ‡‡‡‡‡ | — |
Earnings/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 3.37 | 4.74 | 5.19 | 1.93 | — | — | — |
Cash Flow/Sh
|
| ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | 0.00 | 0.00 | 0.00 | 1.12 | ‡‡‡ | ‡‡‡ | — |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 3.37 | 4.74 | 5.19 | 3.05 | — | — | — |
Free CF/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 50.27 | 46.10 | 45.51 | 41.86 | — | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 4.83 | 5.22 | 5.23 | 5.23 | ‡‡‡‡‡ | ‡‡‡‡‡ | — |
Shares
|
| ‡‡‡ | ‡‡‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | 15.67 | 7.73 | 7.37 | 0.00 | ‡‡‡‡ | ‡‡‡‡ | — |
PE Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.60 | 1.11 | 1.10 | 0.93 | ‡‡‡ | ‡‡‡ | — |
PS Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.49 | 0.66 | 0.75 | 0.46 | ‡‡‡ | ‡‡‡ | — |
PB Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 23.91 | 15.55 | 11.25 | 18.61 | ‡‡‡‡ | ‡‡‡‡ | — |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 83.19 | 68.65 | 50.66 | 145.62 | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 16.29 | 24.74 | 27.13 | 10.10 | ‡‡‡ | ‡‡‡ | — |
Op' Cash Flow
|
| — | ‡‡‡‡‡ | — | — | — | — | — | — | — | 5.89 | — | — | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 16.29 | 24.74 | 27.13 | 15.98 | — | — | — |
FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 38.68 | 38.81 | 56.73 | 17.82 | — | — | — |
Working Cap'
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 876.28 | 1,193.43 | 875.86 | 988.10 | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 828.92 | 1,141.91 | 804.30 | 961.48 | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 243.00 | 240.79 | 237.90 | 219.09 | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.47% | 1.16% | 1.39% | (0.64%) | — | — | — |
ROA
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.58% | 0.89% | 1.36% | (0.09%) | — | — | — |
ROIC
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 3.44% | 8.11% | 9.84% | (4.37%) | — | — | — |
ROE
|
Lument Finance Trust (LFT), a mortgage REIT specializing in multifamily and agency commercial real estate loans, has demonstrated remarkable resilience amid high interest rates, with revenue surging 115% to $122 million by 2024 from post-COVID lows and consistent profitability via EPS around $0.34. Despite stock volatility and a 40% decline from 2021 peaks due to share dilution, fundamentals shine: 100% gross margins, ROE climbing to 9.8%, robust free cash flow, and a 70% debt reduction to $876 million bolster balance sheet strength. Insiders piled in with $165k in buys during late 2025—no sells—signaling deep confidence.
Trading at deeply discounted valuations (P/E 7.4, P/B 0.75), LFT lags its turnaround story, offering bargain pricing below historical averages and peers, especially as EV/FCF improves. Analysts unanimously forecast over 100% upside from February 2026 levels, tied to forward EPS growth to $0.36 and ROE at 13.5%.
Short-term revenue dips to $42-43 million in 2025-2026 reflect CRE caution, but tailwinds from potential Fed rate cuts could ignite 20-30% origination growth, dividend potential, and 20-30% annualized returns for diversified portfolios—making LFT a compelling “buy the dip” amid sector recovery.
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