Lument Finance Trust (LFT) Misses Q2 EPS by 2c

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JMP Securities Reiterates Market Outperform Rating on Lument Financial Trust (LFT)

August 13, 2024 4:07 PM EDT

JMP Securities analyst Steven C. DeLaney reiterated a Market Outperform rating and $3.00 price target on Lument Financial Trust (NYSE: LFT).

The analyst comments "We reiterate our Market Outperform rating and our price target of $3.00 (0.86x book value, ~18% upside) on shares of Lument Finance Trust, Inc. (LFT) following the release of second quarter results.... More