Two Harbors Investments (TWO) Stock Price, News & Analysis

Company Overview

Two Harbors Investments Corp. is a mortgage real estate investment trust (mREIT) that primarily invests in residential mortgage-backed securities (RMBS) issued or guaranteed by government-sponsored enterprises, as well as non-agency residential mortgage loans, mortgage servicing rights and credit risk transfer securities. The company seeks to generate attractive risk-adjusted returns for its shareholders by employing leverage to enhance net interest income derived from its portfolio of high-quality fixed-income assets.

Headquartered in Minneapolis, Minnesota, Two Harbors operates through a self-managed platform that combines portfolio management, risk-management and securitization expertise. Its investment strategy emphasizes the use of interest-rate and prepayment hedges, active sector rotation and credit analysis to exploit relative value opportunities across the U.S. residential mortgage market. In addition to agency mortgage-backed securities, the firm selectively allocates capital to private label RMBS and other structured credit instruments that complement its core holdings.

Founded in 2009, Two Harbors has grown its platform through a series of strategic portfolio acquisitions and securitization ventures, including transactions that transfer credit risk from government agencies to private-sector investors. The company is led by President and Chief Executive Officer Michael A. Strauss, whose tenure has overseen the expansion of Two Harbors’ investment capabilities and the refinement of its risk-management framework. Two Harbors remains focused on delivering sustainable dividend income and long-term value to its shareholders through disciplined portfolio construction and capital management.

Key Stats

• Today's Range: $9.72 to $9.85
• 50-Day Range: $9.58 to $10.46
• 52-Week Range: $9.49 to $14.28
• Volume: 2.44 million shs
• Average Volume: 1.73 million shs
• Market Capitalization: $1.02 billion
• P/E Ratio: N/A
• Dividend Yield: 13.87%
• Price Target: $12.43
• Consensus Rating: Hold

Two Harbors Investments Stock Analysis - MarketRank™

Two Harbors Investments scored higher than 76% of companies evaluated by MarketBeat, and ranked 466th out of 934 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.8 / 5
• Analyst Rating: Hold

Consensus Rating

Two Harbors Investments has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 3 buy ratings, 5 hold ratings, and no sell ratings.

Upside Potential

Two Harbors Investments has a consensus price target of $12.43, representing about 26.8% upside from its current price of $9.81.

Amount of Analyst Coverage

Two Harbors Investments has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Two Harbors Investments is -2.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Two Harbors Investments is -2.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Two Harbors Investments has a P/B Ratio of 0.67. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

7.25% of the float of Two Harbors Investments has been sold short.

Short Interest Ratio / Days to Cover

Two Harbors Investments has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Two Harbors Investments has recently decreased by 16.72%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Two Harbors Investments is a leading dividend payer. It pays a dividend yield of 15.81%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Two Harbors Investments has only been increasing its dividend for 1 years.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

7.25% of the float of Two Harbors Investments has been sold short.

Short Interest Ratio / Days to Cover

Two Harbors Investments has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Two Harbors Investments has recently decreased by 16.72%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 1.64

News Sentiment

Two Harbors Investments has a news sentiment score of 1.64. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Two Harbors Investments this week, compared to 4 articles on an average week.

Search Interest

36 people have searched for TWO on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

Only 4 people have added Two Harbors Investments to their MarketBeat watchlist in the last 30 days. This is a decrease of -56% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Two Harbors Investments insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $86,713.00 in company stock.

Percentage Held by Insiders

Only 0.70% of the stock of Two Harbors Investments is held by insiders.

Percentage Held by Institutions

64.19% of the stock of Two Harbors Investments is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

TWO Stock Analysis - Frequently Asked Questions

How have TWO shares performed this year?

Two Harbors Investments' stock was trading at $11.83 at the beginning of the year. Since then, TWO stock has decreased by 17.1% and is now trading at $9.8050.

How were Two Harbors Investments' earnings last quarter?

Two Harbors Investments Corp (NYSE:TWO) released its quarterly earnings data on Monday, July, 28th. The real estate investment trust reported $0.28 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.28. The real estate investment trust had revenue of ($18.12) million for the quarter, compared to the consensus estimate of ($23.29) million. Two Harbors Investments had a negative net margin of 67.06% and a positive trailing twelve-month return on equity of 9.39%.
Read the conference call transcript.

When did Two Harbors Investments' stock split?

Two Harbors Investments shares reverse split before market open on Wednesday, November 2nd 2022.The 1-4 reverse split was announced on Wednesday, November 2nd 2022. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, November 2nd 2022. An investor that had 100 shares of stock prior to the reverse split would have 25 shares after the split.

How do I buy shares of Two Harbors Investments?

Shares of TWO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Two Harbors Investments own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Two Harbors Investments investors own include American Water Works (AWK), DiamondRock Hospitality (DRH), Waste Connections (WCN), The RMR Group (RMR), AU Optronics (AUOTY), Humana (HUM) and iShares Micro-Cap ETF (IWC).

Company Calendar

• Record date for 7/29 Dividend: 7/03/2025
• Ex-Dividend for 7/29 Dividend: 7/03/2025
• Last Earnings: 7/28/2025
• Dividend Payable: 7/29/2025
• Today: 10/03/2025
• Record date for 10/29 Dividend: 10/03/2025
• Ex-Dividend for 10/29 Dividend: 10/03/2025
• Next Earnings (Estimated): 10/27/2025
• Dividend Payable: 10/29/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: REIT - MTGE TRUST
• Sub-Industry: Mortgage REITs
• Current Symbol: NYSE:TWO
• CIK: 1465740
• Web: www.twoharborsinvestment.com
• Phone: (612) 453-4100
• Fax: 212-364-3289
• Employees: 100
• Year Founded: 2009

Price Target and Rating

• Average Price Target for Two Harbors Investments: $12.43
• High Price Target: $14.75
• Low Price Target: $10.50
• Potential Upside/Downside: +27.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.38
• Research Coverage: 8 Analysts

Profitability

• EPS (Trailing Twelve Months): ($3.56)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 12.07
• P/E Growth: N/A
• Net Income: $298.17 million
• Net Margins: -67.06%
• Pretax Margin: -62.34%
• Return on Equity: 9.39%
• Return on Assets: 1.07%

Debt

• Debt-to-Equity Ratio: 1.08
• Current Ratio: 1.07
• Quick Ratio: 1.07

Sales & Book Value

• Annual Sales: $91.93 million
• Price / Sales: 11.08
• Cash Flow: $1.12 per share
• Price / Cash Flow: 8.70
• Book Value: $14.68 per share
• Price / Book: 0.67

Miscellaneous

• Outstanding Shares: 104,155,000
• Free Float: 103,426,000
• Market Cap: $1.02 billion
• Optionable: Optionable
• Beta: 1.28