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Lument Finance Trust, Inc. (LFT-PA)

NYSE - NYSE Delayed price. Currency in USD
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22.100.00 (0.00%)
As of 03:42PM EDT. Market open.

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  • s
    shumard
    LFT looks like it is about to drop. Be careful guys. I have been reading (http://Achieverspot.tech) and their stocks have been doing way better.
  • M
    MMI
    This Management of the Lument Finance 'Trust' is making Much More Money than all of the Shareholders Combined. Just this Most Recent Quater Management Fees were $2,832,418 vs. $2,158.810 for the entire Common Share Distribution. This is about a difference of $673,608... So just a few people in Management are raking it in, while all of 52+million common shares held by shareholders are collectively get 3/4 as much which essentially is the scraps.
  • M
    MegaKegHead
    Maybe I'll buy more shares!
  • Z
    Zeke
    Key to Lument continuing to earn decent profit on loans is to insure their cost of money (currently L+1.43%) ties closely to the variable rates they get on their loan portfolio...so long as the spread is 2.5% they are on easy street. MultiFamily housing is in strong demand and rents are going up big time everywhere so defaults, if the underwriting is done correctly, would be almost non existent.
  • N
    Nicodemi
    Wake up everyone! It’s summer! LFT is paying 10.5% dividend with this low price.
  • M
    MegaKegHead
    Still need parking $$$$$$$$
  • M
    MegaKegHead
    With the divvy news I'm still $400.00 a month behind in monthly parking fees. I quess my lowly 10500 shares won't cover my monthly parking fees in Da Windy!
  • J
    JJP
    Any chance the dividend can move up?
  • T
    T
    NEW YORK, Dec. 21, 2020 /PRNewswire/ -- Hunt Companies Finance Trust, Inc. (NYSE: HCFT) ("we", "HCFT" or "the Company") today announced the declaration of a one-time special cash dividend of $0.04 per share of common stock due to real estate investment trust tax considerations. This distribution is payable on January 15, 2021 to stockholders of record as of the close of business on December 31, 2020
  • J
    Justin
    Not heard much here lately. A couple months ago, people were predicting doom and gloom. What’s the sentiment now?
  • m
    moon
    Will the 27 million new shares be eligible for the dividend in March?
  • N
    Nicodemi
    With the estimated earnings rising in the next year to $.11-$.12 and the book value $4.57 and Dividends at 8.76% we have some more opportunity to go to five dollars per share.
  • m
    moon
    Hunt paid $4.77, book value $5.12 . Stock price going higher, but what about dividend after March?
  • W
    Watchyer
    I wonder if Hunt isn’t steering this into a merger with MMAC. Size is perfect (half the market cap of MMAC). MMAC has tons of tax losses to shelter income.

    Many random bread crumbs here:

    MMAC reinvented itself as a C Corp, including electing for issuance of a lot of extra stock (which isn’t free, they have to pay DE fees based on number of shares). Also elected to have ability to issue preferred stock, which would be new to them, but not new to HCFT, who just so happened to recently recall their preferred, which would pave the way for a merger. Which may be the answer to “why did HCFT recall preferred shares for a not much better bridge loan?”

    HCFT fired their auditor, and hired KPMG, who also happens to be MMACs auditor.

    MMAC went through a massive operations and capital structure simplification last year, which would pave the way for them to raise capital for such an acquisition.

    Both stocks look like winners, so maybe buy both and hope to win regardless.
  • D
    David
    What's happening?
  • T
    T
    NEW YORK, Sept. 17, 2020 /PRNewswire/ -- Hunt Companies Finance Trust, Inc. (NYSE: HCFT) ("we", "HCFT" or "the Company") announced the declaration of a cash dividend of $0.085 per share of common stock with respect to the third quarter of 2020, which represents a 13% increase over the second quarter of 2020 dividend of $0.075 per share.
  • y
    yanisbagman
    OAKS finally admitted that they did not know what they were doing.