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: $11.98 to $12.04
• 50-Day Range: $11.99 to $12.42
• 52-Week Range: $11.98 to $12.12
• Volume: 7.74 million shs
• Average Volume: 4.58 million shs
• Market Capitalization: $1.26 billion
• P/E Ratio: N/A
• Dividend Yield: 4.01%
• Price Target: $12.75
• Consensus Rating: Hold

Two Harbors Investments Stock Analysis - MarketRank™

Two Harbors Investments scored higher than 39% of companies evaluated by MarketBeat, and ranked 689th out of 842 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: 2.6 / 5
• Analyst Rating: Hold

Consensus Rating

Two Harbors Investments has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on 1 strong buy rating, no buy ratings, 5 hold ratings, and 1 sell rating.

Upside/Downside

The consensus price target for Two Harbors Investments is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Two Harbors Investments has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Two Harbors Investments is -16.20, 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 -16.20, 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 1.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.16% 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 1.78, 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 increased by 11.42%, indicating that investor sentiment is decreasing 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 4.05%, 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.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: -0.40

News Sentiment

Two Harbors Investments has a news sentiment score of -0.40. 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 lower news sentiment than the 0.77 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Two Harbors Investments this week, compared to 4 articles on an average week.

Search Interest

7 people have searched for TWO on MarketBeat in the last 30 days. This is an increase of 75% compared to the previous 30 days.

MarketBeat Follows

5 people have added Two Harbors Investments to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days.

Company Ownership

• Score: 0.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Two Harbors Investments insiders have not sold or bought any company stock.

Percentage Held by Insiders

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.

Company Calendar

• Record date for 7/15 Dividend: 7/02/2026
• Ex-Dividend for 7/15 Dividend: 7/02/2026
• Dividend Payable: 7/15/2026
• Last Earnings: 7/28/2026
• Today: 8/11/2026
• Next Earnings (Estimated): 10/26/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Mortgage Real Estate Investment Trusts (REITs)
• 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: $12.75
• High Price Target: $14.00
• Low Price Target: $12.00
• Potential Upside/Downside: +6.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.14
• Research Coverage: 7 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.74)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 13.47
• P/E Growth: N/A
• Net Income: -$454.30 million
• Net Margins: -6.09%
• Pretax Margin: -1.37%
• Return on Equity: 12.79%
• Return on Assets: 1.44%

Debt

• Debt-to-Equity Ratio: 0.85
• Current Ratio: 1.08
• Quick Ratio: 1.08

Sales & Book Value

• Annual Sales: $366.65 million
• Price / Sales: 3.44
• Cash Flow: $1.08 per share
• Price / Cash Flow: 11.12
• Book Value: $10.88 per share
• Price / Book: 1.10

Miscellaneous

• Outstanding Shares: 105,135,000
• Free Float: 104,494,000
• Market Cap: $1.26 billion
• Optionable: Optionable
• Beta: 1.04