Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Lument Finance Trust Inc has a consensus price target of $2.75 based on the ratings of 7 analysts. The high is $3.5 issued by B. Riley Securities on September 8, 2022. The low is $2.5 issued by JonesTrading on May 13, 2024. The 3 most-recent analyst ratings were released by JonesTrading, JMP Securities, and Raymond James on May 13, 2024, September 12, 2023, and August 11, 2023, respectively. With an average price target of $2.58 between JonesTrading, JMP Securities, and Raymond James, there's an implied 0.13% upside for Lument Finance Trust Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Lument Finance Trust (NYSE:LFT) was reported by Jones Trading on August 14, 2024. The analyst firm set a price target for $0.00 expecting LFT to fall to within 12 months (a possible -100.00% downside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Lument Finance Trust (NYSE:LFT) was provided by Jones Trading, and Lument Finance Trust downgraded their hold rating.
There is no last upgrade for Lument Finance Trust
The last downgrade for Lument Finance Trust Inc happened on August 14, 2024 when Jones Trading changed their price target from N/A to N/A for Lument Finance Trust Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Lument Finance Trust, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Lument Finance Trust was filed on August 14, 2024 so you should expect the next rating to be made available sometime around August 14, 2025.
While ratings are subjective and will change, the latest Lument Finance Trust (LFT) rating was a downgraded with a price target of $0.00 to $0.00. The current price Lument Finance Trust (LFT) is trading at is $2.58, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.