Two Harbors Investments Corp. Company Profile (NYSE:TWO)

About Two Harbors Investments Corp.

Two Harbors Investments Corp. logoTwo Harbors Investment Corp. is a real estate investment trust. The Company is focused on investing in, financing and managing residential mortgage-backed securities (RMBS), residential mortgage loans, mortgage servicing rights (MSR), commercial real estate and other financial assets. The Company's target asset classes include Agency RMBS collateralized by fixed rate mortgage loans, adjustable-rate mortgage (ARM) loans or hybrid mortgage loans, including mortgage pass-through certificates, collateralized mortgage obligations, the Federal Home Loan Mortgage Corporation gold certificates, the Federal National Mortgage Association certificates, the Government National Mortgage Association (Ginnie Mae) certificates, to-be-announced forward contracts, and interest-only and inverse interest-only securities; Non-Agency RMBS, including both senior and mezzanine RMBS, and floating and fixed rate commercial real estate loans. The Company is managed and advised by PRCM Advisers LLC.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Residential
  • Sub-Industry: Mortgage REITs
  • Exchange: NYSE
  • Symbol: TWO
  • CUSIP: 90187B10
Key Metrics:
  • Previous Close: $8.95
  • 50 Day Moving Average: $8.79
  • 200 Day Moving Average: $8.25
  • Trailing P/E Ratio: 44.82
  • Foreward P/E Ratio: 9.20
  • P/E Growth: 0.00
  • Market Cap: $3.07B
  • Outstanding Shares: 347,626,000
  • Beta: 0.56
Additional Links:
Companies Related to Two Harbors Investments Corp.:

Analyst Ratings

Consensus Ratings for Two Harbors Investments Corp. (NYSE:TWO) (?)
Ratings Breakdown: 3 Hold Ratings, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.63)
Consensus Price Target: $9.60 (8.72% upside)

Analysts' Ratings History for Two Harbors Investments Corp. (NYSE:TWO)
Show:
DateFirmActionRatingPrice TargetDetails
8/8/2016Keefe, Bruyette & WoodsBoost Price TargetOutperform$9.00 -> $9.50View Rating Details
8/6/2016Deutsche Bank AGSet Price TargetBuy$9.80View Rating Details
8/5/2016JPMorgan Chase & Co.Reiterated RatingBuy$9.50View Rating Details
8/5/2016WunderlichBoost Price TargetHold$8.75 -> $9.50View Rating Details
7/29/2016FBR & CoReiterated RatingBuyView Rating Details
5/6/2016Maxim GroupLower Price TargetBuy$10.50 -> $10.00View Rating Details
1/15/2016Wells Fargo & Co.DowngradeOutperform -> Market PerformView Rating Details
11/20/2015JMP SecuritiesLower Price Target$11.00 -> $10.00View Rating Details
11/11/2015NomuraLower Price TargetNeutral$10.00 -> $9.00View Rating Details
7/14/2015Robert W. BairdInitiated CoverageOutperform$35.00View Rating Details
(Data available from 8/27/2014 forward)

Earnings

Earnings History for Two Harbors Investments Corp. (NYSE:TWO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2016        
8/3/2016Q216$0.22$0.22$95.48 million$100.80 millionViewListenView Earnings Details
5/4/2016Q116$0.20$0.21$100.10 million$89.40 millionViewListenView Earnings Details
2/3/2016Q415$0.23$0.20$113.44 millionViewN/AView Earnings Details
11/4/2015Q315$0.24($0.09)$116.58 millionViewN/AView Earnings Details
8/4/2015Q215$0.25$0.22$128.07 millionViewN/AView Earnings Details
5/6/2015Q115$0.24$0.26$122.33 million$129.47 millionViewN/AView Earnings Details
2/4/2015Q414$0.24$0.23$115.24 million$124.51 millionViewN/AView Earnings Details
11/4/2014Q314$0.25$0.23$115.86 millionViewN/AView Earnings Details
8/6/2014Q214$0.25$0.24$116.22 million$115.20 millionViewN/AView Earnings Details
5/7/2014Q114$0.25$0.24$112.50 millionViewN/AView Earnings Details
2/4/2014Q413$0.22$0.21ViewN/AView Earnings Details
11/6/2013Q313$0.24$0.19$114.24 millionViewListenView Earnings Details
8/7/2013Q213$0.31$0.21$145.30 millionViewListenView Earnings Details
5/7/2013Q113$0.32$0.29ViewN/AView Earnings Details
2/6/2013Q412$0.37$0.28ViewN/AView Earnings Details
11/6/2012Q312$0.37$0.31$109.56 millionViewN/AView Earnings Details
8/1/2012$0.40$0.35ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Two Harbors Investments Corp. (NYSE:TWO)
Current Year EPS Consensus Estimate: $0.9 EPS
Next Year EPS Consensus Estimate: $0.96 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$0.18$0.23$0.20
Q2 20164$0.19$0.24$0.21
Q3 20164$0.20$0.25$0.22
Q4 20163$0.20$0.25$0.22
Q1 20173$0.21$0.24$0.22
Q2 20173$0.22$0.24$0.23
Q3 20172$0.22$0.22$0.22
Q4 20172$0.23$0.23$0.23
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Two Harbors Investments Corp. (NYSE:TWO)
Annual Dividend:$0.92
Dividend Yield:10.42%
Payout Ratio:460.02% (Based on Trailing 12 Months of Earnings)
102.22% (Based on Current Year Consensus EPS Estimate)
95.83% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:-12.60% (3 Year Average)

Dividend History for Two Harbors Investments Corp. (NYSE:TWO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
6/17/2016quarterly$0.2310.67%6/28/20166/30/20167/20/2016
3/16/2016quarterly$0.2311.78%3/29/20163/31/20164/21/2016
12/17/2015quarterly$0.2612.37%12/28/201512/30/20151/20/2016
9/17/2015quarterly$0.2610.96%9/28/20159/30/201510/22/2015
6/18/2015quarterly$0.269.93%6/26/20156/30/20157/21/2015
3/19/2015quarterly$0.269.66%3/27/20153/31/20154/21/2015
12/17/2014quarterly$0.2610.25%12/26/201412/30/20141/20/2015
9/16/2014quarterly$0.2610.15%9/26/20149/30/201410/21/2014
6/17/2014quarterly$0.269.88%6/30/20147/2/20147/22/2014
3/17/2014quarterly$0.269.83%3/27/20143/31/20144/21/2014
12/17/2013quarterly$0.2611.01%12/24/201312/27/201312/31/2013
9/11/2013quarterly$0.2811.64%9/24/20139/26/201310/23/2013
6/13/2013quarterly$0.3111.22%6/26/20136/28/20137/23/2013
3/18/2013quarterly$0.329.5%3/28/20134/2/20134/24/2013
12/17/2012quarterly$0.5519.1%12/27/201212/31/20121/18/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Two Harbors Investments Corp. (NYSE:TWO)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/10/2016Thomas SieringCEOBuy3,500$8.99$31,465.00View SEC Filing  
5/31/2016Brad FarrellCFOSell12,898$8.48$109,375.04View SEC Filing  
5/31/2016Mary Kathryn RiskeyCAOSell2,127$8.48$18,036.96View SEC Filing  
5/31/2016Rebecca B SandbergGeneral CounselSell6,488$8.48$55,018.24View SEC Filing  
5/16/2016Brad FarrellCFOSell19,905$8.44$167,998.20View SEC Filing  
5/16/2016Rebecca B SandbergGeneral CounselSell6,427$8.44$54,243.88View SEC Filing  
5/10/2016Thomas SieringCEOBuy5,000$8.37$41,850.00View SEC Filing  
2/16/2016Mary Kathryn RiskeyCAOSell1,367$7.29$9,965.43View SEC Filing  
2/12/2016Thomas SieringCEOBuy5,000$7.15$35,750.00View SEC Filing  
2/10/2016Stephen G KasnetDirectorBuy12,000$7.27$87,240.00View SEC Filing  
2/9/2016Brad FarrellCFOSell13,825$7.39$102,166.75View SEC Filing  
2/8/2016Mary Kathryn RiskeyCAOSell1,550$7.39$11,454.50View SEC Filing  
2/8/2016Rebecca B SandbergGeneral CounselSell6,653$7.39$49,165.67View SEC Filing  
11/13/2015William RothCIOBuy10,000$8.28$82,800.00View SEC Filing  
11/11/2015Thomas SieringCEOBuy3,000$8.39$25,170.00View SEC Filing  
6/1/2015Brad FarrellCFOSell10,842$10.69$115,900.98View SEC Filing  
6/1/2015Rebecca B SandbergGeneral CounselSell6,464$10.69$69,100.16View SEC Filing  
6/1/2015William RothCIOSell30,000$10.69$320,700.00View SEC Filing  
5/21/2015Thomas SieringCEOBuy3,000$10.69$32,070.00View SEC Filing  
5/14/2015Brad FarrellCFOSell37,969$10.47$397,535.43View SEC Filing  
2/13/2015Thomas SieringCEOBuy5,000$10.30$51,500.00View SEC Filing  
2/6/2015Brad FarrellCFOSell10,969$10.15$111,335.35View SEC Filing  
2/6/2015Rebecca B SandbergGeneral CounselSell4,691$10.14$47,566.74View SEC Filing  
2/6/2015William RothCIOSell30,000$10.14$304,200.00View SEC Filing  
8/20/2014Thomas SieringCEOSell20,000$10.47$209,400.00View SEC Filing  
8/11/2014Stephen G KasnetDirectorSell5,237$10.38$54,360.06View SEC Filing  
6/2/2014Brad FarrellCFOSell8,583$10.45$89,692.35View SEC Filing  
6/2/2014Rebecca B SandbergGeneral CounselSell4,582$10.44$47,836.08View SEC Filing  
6/2/2014William RothVPSell20,000$10.45$209,000.00View SEC Filing  
5/16/2014Brian TaylorDirectorSell1,578$10.26$16,190.28View SEC Filing  
5/24/2013William Reid SandersDirectorBuy5,000$11.45$57,250.00View SEC Filing  
2/21/2013William RothVPBuy3,000$12.38$37,140.00View SEC Filing  
2/19/2013Thomas SieringCEOBuy8,200$12.57$103,074.00View SEC Filing  
11/20/2012William RothVPBuy10,000$11.08$110,800.00View SEC Filing  
11/16/2012Brad FarrellCFOBuy1,000$10.75$10,750.00View SEC Filing  
11/16/2012Brian TaylorDirectorBuy10,000$11.08$110,800.00View SEC Filing  
11/16/2012Steven KuhnVPBuy20,000$10.82$216,400.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Two Harbors Investments Corp. (NYSE:TWO)
DateHeadline
seekingalpha.com logoTwo Harbors Investment: Dividend May Increase, Valuation Very Attractive (NYSE:TWO)
seekingalpha.com - August 24 at 10:59 AM
News IconStock Trading Above Moving Averages: Two Harbors Investment Corp. (NYSE:TWO) - Post News (NYSE:TWO)
www.kentuckypostnews.com - August 23 at 12:30 PM
seekingalpha.com logoTwo Harbors Investment Corp. Provides Clarity (NYSE:TWO)
seekingalpha.com - August 22 at 7:51 PM
seekingalpha.com logoTwo Harbors Investment Corp. Provides Clarity - Seeking Alpha (NYSE:TWO)
seekingalpha.com - August 22 at 8:49 AM
seekingalpha.com logoTwo Harbors: Sail Away - Seeking Alpha (NYSE:TWO)
seekingalpha.com - August 14 at 8:17 AM
finance.yahoo.com logoTWO HARBORS INVESTMENT CORP. Financials (NYSE:TWO)
finance.yahoo.com - August 12 at 8:06 PM
streetupdates.com logoNotable Stocks within Analysts Radar: Two Harbors Investments Corp (NYSE:TWO) , Radian Group Inc. (NYSE:RDN) - Street Updates (NYSE:TWO)
www.streetupdates.com - August 10 at 11:10 AM
stocksdaily.net logoTwo Harbors Investments Corp (NYSE:TWO) Boasts Rating Of 1.56 - Stocks Daily (NYSE:TWO)
www.stocksdaily.net - August 10 at 11:10 AM
seekingalpha.com logoEverything You Need To Know About Two Harbors Investment's Q2 ... - Seeking Alpha (NYSE:TWO)
seekingalpha.com - August 8 at 8:11 PM
finance.yahoo.com logoTwo Harbors Investments posts 2Q loss - Yahoo Finance (NYSE:TWO)
finance.yahoo.com - August 5 at 11:02 AM
finance.yahoo.com logoEdited Transcript of TWO earnings conference call or presentation 4-Aug-16 1:00pm GMT (NYSE:TWO)
finance.yahoo.com - August 5 at 11:02 AM
reuters.com logoBRIEF-Two Harbors Investment reports GAAP net loss $0.05 per share (NYSE:TWO)
www.reuters.com - August 4 at 11:14 AM
finance.yahoo.com logoTwo Harbors Investments posts 2Q loss (NYSE:TWO)
finance.yahoo.com - August 4 at 11:14 AM
biz.yahoo.com logoTwo Harbors Investment Corp Earnings Call scheduled for 9:00 am ET today (NYSE:TWO)
biz.yahoo.com - August 4 at 11:14 AM
biz.yahoo.com logoTWO HARBORS INVESTMENT CORP. Files SEC form 10-Q, Quarterly Report (NYSE:TWO)
biz.yahoo.com - August 4 at 11:14 AM
reuters.com logoBRIEF-Two Harbors Investment reports GAAP net loss $0.05 per share - Reuters (NYSE:TWO)
www.reuters.com - August 3 at 8:21 PM
businesswire.com logoTwo Harbors Investment Corp. Reports Second Quarter 2016 Financial Results - Business Wire (press release) (NYSE:TWO)
www.businesswire.com - August 3 at 8:21 PM
biz.yahoo.com logoTWO HARBORS INVESTMENT CORP. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements (NYSE:TWO)
biz.yahoo.com - August 3 at 8:21 PM
finance.yahoo.com logo4:37 pm Two Harbors Investment reports EPS in-line, beats on revs (NYSE:TWO)
finance.yahoo.com - August 3 at 8:21 PM
publicnow.com logoTwo Harbors Investment Corp. Reports Second Quarter 2016 Financial Results (NYSE:TWO)
www.publicnow.com - August 3 at 8:20 PM
biz.yahoo.com logoTwo Harbors Investment Corp Earnings Call (Q2 2016) (NYSE:TWO)
biz.yahoo.com - August 3 at 11:18 AM
biz.yahoo.com logoQ2 2016 Two Harbors Investment Corp Earnings Release - After Market Close (NYSE:TWO)
biz.yahoo.com - August 3 at 11:18 AM
streetinsider.com logoTwo Harbors Investment (TWO) to Discontinue Mortgage Loan Conduit and Securitization Business (NYSE:TWO)
www.streetinsider.com - July 29 at 8:14 PM
4-traders.com logoTwo Harbors Investment : Conduit-Securitization Business Closing (NYSE:TWO)
www.4-traders.com - July 29 at 8:14 PM
finance.yahoo.com logoTwo Harbors Investment Corp. Announces Plan to Discontinue Mortgage Loan Conduit and Securitization Business (NYSE:TWO)
finance.yahoo.com - July 29 at 8:14 PM
bloomberg.com logoTwo Harbors Is Latest Mortgage REIT to Close Bond-Making Unit (NYSE:TWO)
www.bloomberg.com - July 28 at 4:36 PM
businesswire.com logoTwo Harbors Investment Corp. Announces Plan to Discontinue Mortgage Loan Conduit and Securitization Business - Business Wire (press release) (NYSE:TWO)
www.businesswire.com - July 28 at 11:21 AM
fidaily.com logoCibc World Markets Inc. Lowers Its Stake in Two Harbors Investment Corp (TWO) Stock Last Quarter - Finance Daily (NYSE:TWO)
www.fidaily.com - July 23 at 11:45 AM
News IconEquity Roundup: Stock Performance Focus on Two Harbors Investments Corp (NYSE:TWO) - Press Telegraph (NYSE:TWO)
presstelegraph.com - July 23 at 11:45 AM
fidaily.com logoCibc World Markets Inc. Lowers Its Stake in Two Harbors Investment Corp (TWO) Stock Last Quarter (NYSE:TWO)
www.fidaily.com - July 22 at 10:53 AM
istreetwire.com logo3 Stocks in Focus: Vornado Realty (VNO), RLJ Lodging Trust (RLJ), Two Harbors Investment (TWO) - iStreetWire (NYSE:TWO)
istreetwire.com - July 20 at 10:50 AM
News IconFinancial Stocks Reports: Two Harbors Investment Corp (NYSE:TWO), Prologis Inc (NYSE:PLD) - share market updates (press release) (NYSE:TWO)
sharemarketupdates.com - July 20 at 10:50 AM
News IconStock Positive on the Year: Two Harbors Investment Corp. (NYSE:TWO) - TGP (NYSE:TWO)
telanaganapress.com - July 19 at 8:09 PM
News IconEarnings Focus and Crowd Sourced Sentiment Review for Two Harbors Investments Corp (NYSE:TWO) - TGP (NYSE:TWO)
telanaganapress.com - July 19 at 8:09 PM
news.cmlviz.com logoOption Market: Two Harbors Investment Corp. Risk Hits A Depressed Level - CML News (NYSE:TWO)
news.cmlviz.com - July 19 at 8:09 PM
News IconStocks Buzz: Integrated Device Technology, (NASDAQ:IDTI), Two Harbors Investment Corp, (NYSE:TWO) - Money News (press release) (NYSE:TWO)
www.newsismoney.com - July 19 at 8:09 PM
capitalcube.com logoTwo Harbors Investment Corp. breached its 50 day moving average in a Bullish Manner : TWO-US : July 19, 2016 (NYSE:TWO)
www.capitalcube.com - July 19 at 8:16 AM
finance.yahoo.com logoTwo Harbors Investment Corp. Announces Earnings Release and Conference Call for Second Quarter 2016 Financial Results (NYSE:TWO)
finance.yahoo.com - July 18 at 5:03 PM
News IconTwo Harbors Investments Corp (NYSE:TWO) Earnings Concentration and Analyst Target Watch - Engelwood Daily (NYSE:TWO)
www.engelwooddaily.com - July 18 at 8:43 AM
News IconShare Performance Summary for: Two Harbors Investment Corp. (NYSE:TWO) - Press Telegraph (NYSE:TWO)
presstelegraph.com - July 17 at 7:17 PM
stocksdaily.net logoTwo Harbors Investments Corp (NYSE:TWO): The Buzzing Stock - Stocks Daily (NYSE:TWO)
www.stocksdaily.net - July 17 at 7:17 PM
News IconConsensus Target and Stock Rating Report: Two Harbors Investments Corp (NYSE:TWO) - Telanagana Press (NYSE:TWO)
telanaganapress.com - July 15 at 1:16 PM
news.cmlviz.com logoTwo Harbors Investment Corp. (NYSE:TWO) Fundamental Star Rating Report - CML News (NYSE:TWO)
news.cmlviz.com - July 15 at 1:16 PM
tradecalls.org logoTwo Harbors Investments Corp (TWO): Price Target and June Short Interest Disclosure - Trade Calls (NYSE:TWO)
www.tradecalls.org - July 15 at 1:16 PM
News IconTwo Harbors Investments Corp (NYSE:TWO) Wall Street Analyst Recommendation Outlook - Telanagana Press (NYSE:TWO)
telanaganapress.com - July 14 at 8:13 PM
streetupdates.com logoSummary of Analysts Rating: The Blackstone Group L.P. (NYSE:BX) , Two Harbors Investments Corp (NYSE:TWO) - Street Updates (NYSE:TWO)
www.streetupdates.com - July 13 at 10:51 AM
News IconShort Term Rating on Two Harbors Investments Corp (TWO) - TheFounders Daily (NYSE:TWO)
www.thefoundersdaily.com - July 13 at 10:51 AM
News IconCrowd Rating and Earnings Recap for Two Harbors Investments Corp (NYSE:TWO) - Telanagana Press (NYSE:TWO)
telanaganapress.com - July 12 at 8:13 PM
News IconAnalyst Target and Average Rating Watch: Two Harbors Investments Corp (NYSE:TWO) - Press Telegraph (NYSE:TWO)
presstelegraph.com - July 12 at 8:13 PM
News IconCompany Shares of Two Harbors Investments Corp (NYSE:TWO) Drops by -1.16% - TheFounders Daily (NYSE:TWO)
www.thefoundersdaily.com - July 12 at 8:13 PM

Social

Two Harbors Investments Corp. (NYSE:TWO) Chart for Saturday, August, 27, 2016


Last Updated on 8/27/2016 by MarketBeat.com Staff