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NYSE:TWO

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

$13.75
+0.28 (+2.08%)
(As of 07/26/2024 ET)
Today's Range
$13.58
$13.76
50-Day Range
$12.32
$14.10
52-Week Range
$9.83
$14.59
Volume
1.05 million shs
Average Volume
1.12 million shs
Market Capitalization
$1.42 billion
P/E Ratio
7.72
Dividend Yield
13.09%
Price Target
$14.64

Two Harbors Investment MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
6.5% Upside
$14.64 Price Target
Short Interest
Healthy
3.66% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.37mentions of Two Harbors Investment in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$376,316 Sold Last Quarter
Proj. Earnings Growth
Decreasing
From ($0.60) to ($0.65) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.68 out of 5 stars

Finance Sector

709th out of 898 stocks

Real Estate Investment Trusts Industry

144th out of 181 stocks

TWO stock logo

About Two Harbors Investment Stock (NYSE:TWO)

Two Harbors Investment Corp. is an externally managed REIT focused on the US residential mortgage market. The company strives to produce risk-adjusted returns by managing a portfolio of RMBS and other loans paired with a mortgage servicing business. The company delivers returns in the form of dividends primarily with a secondary goal of capital growth. The firm was incorporated in 2009 and is headquartered in Minnesota.

Two Harbors Investment Corp. is in business to invest in, finance, and manage a portfolio of residential mortgage-backed securities. These may include non-agency securities and mortgage servicing rights as well as other financial assets (about 5% to 10% of the portfolio). However, the bulk of the portfolio is in agency-backed RMBS. The fund's strategy of pairing a mortgage servicing business with an RMBS portfolio is unique in the industry and provides many advantages for investors that include reducing exposure to interest rate fluctuations and their impact on mortgage spread.

The company’s focus on agency-backed RMBS provides a level of safety because the principal and interest are backed by Fannie Mae, Freddie Mac, or other government agencies.

The company’s portfolio of mortgage servicing rights allows the company to capitalize on its experience in mitigating credit risk and is supported by a robust pipeline of new business. Originators provide new business on a continual basis as new loans are created. The company may also buy bundled loans from originators or other mortgage loan owners in order to earn fees for services.

Two Harbors Investment Corp. chooses to be taxed as a REIT. As such, the company distributes at least 90% of its taxable income in the form of dividends. Two Harbors Investment Corp. was externally managed until 2020. The switch to internal management better aligns the company’s goals with those of shareholders and improves the transparency of operations. Investors who wish to enroll in a share purchase or DRIP, dividend reinvestment program, should contact the company’s plan administrator, Equiniti Trust Company. Investors must be shareholders of record to participate in the plan.

 

TWO Stock Price History

TWO Stock News Headlines

Saquon says ... | Sports Daily Newsletter
Two Harbors Investment Corp (2H2.DU)
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Two Harbors Investment Corp. (2H2.F)
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This TSLA short trade is on a nine win hot streak
Most Tesla Shareholders are disappointed in the stock's performance in 2024. Year to date, it's down 30%... And things don’t seem to be getting better. That said, one professional trader has found a way to turn Tesla’s demise into a flurry of opportunity… In fact, he has not lost a single trade on Tesla this year. As of this mailing he’s 9 for 9 with incredible wins under his belt. Just see for yourself.
Q1 2024 Two Harbors Investment Corp Earnings Call
See More Headlines
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Company Calendar

Last Earnings
10/30/2023
Ex-Dividend for 4/29 Dividend
4/03/2024
Dividend Payable
4/29/2024
Ex-Dividend for 7/29 Dividend
7/05/2024
Today
7/26/2024
Dividend Payable
7/29/2024
Next Earnings (Confirmed)
7/30/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Mortgage REITs
CUSIP
90187B10
Employees
100
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$14.64
High Stock Price Target
$17.00
Low Stock Price Target
$13.00
Potential Upside/Downside
+6.5%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
8 Analysts

Profitability

Net Income
$-106,370,000.00
Pretax Margin
64.97%

Debt

Sales & Book Value

Annual Sales
$480.36 million
Cash Flow
$0.71 per share
Book Value
$16.53 per share

Miscellaneous

Free Float
102,863,000
Market Cap
$1.42 billion
Optionable
Optionable
Beta
1.86
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TWO Stock Analysis - Frequently Asked Questions

How have TWO shares performed this year?

Two Harbors Investment's stock was trading at $13.93 on January 1st, 2024. Since then, TWO stock has decreased by 1.3% and is now trading at $13.75.
View the best growth stocks for 2024 here
.

How were Two Harbors Investment's earnings last quarter?

Two Harbors Investment Corp. (NYSE:TWO) released its quarterly earnings results on Monday, October, 30th. The real estate investment trust reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by $0.20. The real estate investment trust had revenue of $123.61 million for the quarter. Two Harbors Investment had a trailing twelve-month return on equity of 2.16% and a net margin of 56.90%.

When did Two Harbors Investment's stock split?

Two Harbors Investment 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 closing bell 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.

Who are Two Harbors Investment's major shareholders?

Top institutional investors of Two Harbors Investment include Allspring Global Investments Holdings LLC (5.02%), LifePro Asset Management (0.15%), SG Americas Securities LLC (0.12%) and Louisiana State Employees Retirement System (0.05%). Insiders that own company stock include William Ross Greenberg, Nicholas Letica, Rebecca B Sandberg, Stephen G Kasnet, Mary Kathryn Riskey, Robert Rush, Jason Vinar, Matthew Keen and Alecia Hanson.
View institutional ownership trends
.

How do I buy shares of Two Harbors Investment?

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.
Compare Top Brokerages Here.

What other stocks do shareholders of Two Harbors Investment own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Two Harbors Investment investors own include Chembio Diagnostics (CEMI), Prospect Capital (PSEC), New Residential Investment (NRZ), Washington Prime Group (WPG), Calumet Specialty Products Partners (CLMT), Summit Midstream Partners (SMLP) and BlackRock Capital Investment (BKCC).

This page (NYSE:TWO) was last updated on 7/26/2024 by MarketBeat.com Staff

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