NYSE:TWOTwo Harbors Investment Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Two Harbors Investment Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $5.47 +0.04 (+0.74 %) (As of 08/3/2020 04:00 PM ET) Add Compare Share Today's Range$5.26Now: $5.47▼$5.5250-Day Range$4.74MA: $5.14▼$5.5452-Week Range$2.25Now: $5.47▼$15.85Volume4.21 million shsAverage Volume5.20 million shsMarket Capitalization$1.50 billionP/E RatioN/ADividend Yield10.31%Beta1.64 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Two Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), non-agency securities, mortgage servicing rights, and other financial assets in the United States. Its target assets include agency RMBS collateralized by fixed rate mortgage loans, adjustable rate mortgage loans, and hybrid adjustable-rate mortgage (ARMs); non-agency securities collateralized by prime mortgage loans, Alt-A mortgage loans, pay-option ARM loans, and subprime mortgage loans; and other assets, such as financial and mortgage-related assets, as well as residential mortgage loans and non-hedging transactions. The company qualifies as a REIT for federal income tax purposes. As a REIT, the company would not be subject to federal income tax, if it distributes at least 90% of net taxable income to its stockholders. Two Harbors Investment Corp. was incorporated in 2009 and is headquartered in New York, New York.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingTwo Harbors Investment has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 6 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.91, Two Harbors Investment has a potential upside of 99.5% from its current price of $5.47.Amount of Analyst CoverageTwo Harbors Investment has only been the subject of 2 research reports in the past 90 days. Previous Next 2.9 Community Rank Outperform VotesTwo Harbors Investment has received 480 “outperform” votes. (Add your “outperform” vote.)Underperform VotesTwo Harbors Investment has received 362 “underperform” votes. (Add your “underperform” vote.)Community SentimentTwo Harbors Investment has received 57.01% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Two Harbors Investment and other stocks. Vote “Outperform” if you believe TWO will outperform the S&P 500 over the long term. Vote “Underperform” if you believe TWO will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 3.3 Dividend Strength Dividend LeadershipTwo Harbors Investment is a leading dividend payer. It pays a dividend yield of 10.31%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthTwo Harbors Investment has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of Two Harbors Investment is 40.88%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Two Harbors Investment will have a dividend payout ratio of 74.67% next year. This indicates that Two Harbors Investment will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Two Harbors Investment insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.80% of the stock of Two Harbors Investment is held by insiders.Percentage Held by Institutions62.20% of the stock of Two Harbors Investment is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Two Harbors Investment are expected to grow by 25.00% in the coming year, from $0.60 to $0.75 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Two Harbors Investment is -0.93, 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. SectorThe P/E ratio of Two Harbors Investment is -0.93, 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 RatioTwo Harbors Investment has a P/B Ratio of 0.37. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.9Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.49 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryMortgage REITs SectorFinance Current SymbolNYSE:TWO Previous Symbol CUSIP90187B10 CIK1465740 Webwww.twoharborsinvestment.com Phone612-629-2500Debt Debt-to-Equity Ratio0.30 Current Ratio1.11 Quick Ratio1.11Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio9.12 P/E GrowthN/A Sales & Book Value Annual Sales$994.69 million Price / Sales1.50 Cash Flow$2.26 per share Price / Cash Flow2.42 Book Value$14.63 per share Price / Book0.37Profitability EPS (Most Recent Fiscal Year)$1.37 Net Income$323.96 million Net Margins-116.72% Return on Equity10.49% Return on Assets1.17%Miscellaneous EmployeesN/A Outstanding Shares273,530,000Market Cap$1.50 billion Next Earnings Date8/5/2020 (Confirmed) OptionableOptionable $5.47 +0.04 (+0.74 %) (As of 08/3/2020 04:00 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive TWO News and Ratings via Email Sign-up to receive the latest news and ratings for TWO and its competitors with MarketBeat's FREE daily newsletter. Two Harbors Investment (NYSE:TWO) Frequently Asked Questions How has Two Harbors Investment's stock been impacted by COVID-19 (Coronavirus)? Two Harbors Investment's stock was trading at $11.95 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, TWO shares have decreased by 54.2% and is now trading at $5.47. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Two Harbors Investment? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Two Harbors Investment in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Two Harbors Investment. When is Two Harbors Investment's next earnings date? Two Harbors Investment is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Two Harbors Investment. How can I listen to Two Harbors Investment's earnings call? Two Harbors Investment will be holding an earnings conference call on Wednesday, August 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available. How were Two Harbors Investment's earnings last quarter? Two Harbors Investment Corp (NYSE:TWO) posted its quarterly earnings data on Wednesday, May, 6th. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.38 by $0.13. The real estate investment trust had revenue of $88.20 million for the quarter, compared to the consensus estimate of $40.30 million. Two Harbors Investment had a positive return on equity of 10.49% and a negative net margin of 116.72%. The business's revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.49 earnings per share. View Two Harbors Investment's earnings history. How often does Two Harbors Investment pay dividends? What is the dividend yield for Two Harbors Investment? Two Harbors Investment declared a quarterly dividend on Thursday, June 18th. Investors of record on Tuesday, June 30th will be given a dividend of $0.14 per share on Wednesday, July 29th. This represents a $0.56 dividend on an annualized basis and a yield of 10.24%. The ex-dividend date is Monday, June 29th. This is a boost from Two Harbors Investment's previous quarterly dividend of $0.05. View Two Harbors Investment's dividend history. When did Two Harbors Investment's stock split? How did Two Harbors Investment's stock split work? Two Harbors Investment shares reverse split before market open on Thursday, November 2nd 2017. The 1-2 reverse split was announced on Thursday, September 14th 2017. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, November 1st 2017. An investor that had 100 shares of Two Harbors Investment stock prior to the reverse split would have 50 shares after the split. What price target have analysts set for TWO? 9 brokers have issued 12 month target prices for Two Harbors Investment's stock. Their forecasts range from $5.50 to $16.00. On average, they anticipate Two Harbors Investment's share price to reach $10.91 in the next year. This suggests a possible upside of 99.5% from the stock's current price. View analysts' price targets for Two Harbors Investment. What are Wall Street analysts saying about Two Harbors Investment stock? Here are some recent quotes from research analysts about Two Harbors Investment stock: 1. According to Zacks Investment Research, "Two Harbors Investment Corp is a Real Estate Investment Trust that focuses on investing in, financing and managing residential mortgage-backed securities and mortgage loans. Its objective is to provide risk-adjusted returns to investors through dividends and capital appreciation. Two Harbors intends to acquire and manage a portfolio of mortgage-backed securities, focusing on security selection and the relative value of various sectors within the mortgage market. As an investment strategy, the company expects to deploy moderate borrowings through, with respect to Agency RMBS, short-term borrowings structured as repurchase agreements and, with respect to non-Agency RMBS and residential mortgage loans, private funding sources. It may also finance portions of its portfolio through non-recourse term borrowing facilities and equity financing under the Legacy Loan Program and Term Asset-Backed Securities Lending Facility (TALF), if such financing becomes available. " (7/31/2020) 2. Maxim Group analysts commented, "In a difficult quarter for mortgage REITs, TWO had strong results. TWO shares currently trade at 0.93x book value. Our price target of $15 equates to 1.06x book value (versus 1.08x previously), which is in inline with the average P/BV multiple of high-quality mortgage REITs. TWO remains our top mortgage REIT pick, because of: (1) its best-in-class, long-term interest rate risk management, including use of MSRs; (2) its attractive dividend yield (currently 12.1%); and (3) its long-term record of preserving book value." (8/8/2019) Has Two Harbors Investment been receiving favorable news coverage? Media coverage about TWO stock has trended somewhat negative on Tuesday, InfoTrie reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Two Harbors Investment earned a daily sentiment score of -1.7 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the next several days. View the latest news about Two Harbors Investment. Are investors shorting Two Harbors Investment? Two Harbors Investment saw a decline in short interest in July. As of July 15th, there was short interest totaling 14,210,000 shares, a decline of 31.6% from the June 30th total of 20,760,000 shares. Based on an average daily volume of 9,190,000 shares, the days-to-cover ratio is presently 1.5 days. Approximately 5.2% of the shares of the company are short sold. View Two Harbors Investment's Current Options Chain. Who are some of Two Harbors Investment's key competitors? Some companies that are related to Two Harbors Investment include ANNALY CAP MGMT/SH (NLY), AGNC Investment (AGNC), Starwood Property Trust (STWD), PennyMac Mortgage Investment Trust (PMT), CHIMERA INVT CO/SH NEW (CIM), Apollo Commercial Real Est. Finance (ARI), MFA FINL INC/SH (MFA), NY MTG TR INC/SH (NYMT), Colony Capital (CLNY), Redwood Trust (RWT), ARMOUR Residential REIT (ARR), CAPSTEAD MTG CO/SH (CMO), Invesco Mortgage Capital (IVR), Ready Capital (RC) and Dynex Capital (DX). View all competitors. What other stocks do shareholders of Two Harbors Investment own? Based on aggregate information from My MarketBeat watchlists, some companies that other Two Harbors Investment investors own include Chembio Diagnostics (CEMI), Prospect Capital (PSEC), Calumet Specialty Products Partners, L.P (CLMT), New Residential Investment (NRZ), Washington Prime Group (WPG), Summit Midstream Partners (SMLP), Blackrock Capital Investment (BKCC), Viper Energy Partners (VNOM), Novocure (NVCR) and AGNC Investment (AGNC). Who are Two Harbors Investment's key executives? Two Harbors Investment's management team includes the following people: Mr. Thomas Edwin Siering, CEO, Pres & Director (Age 59)Ms. Mary Kathryn Riskey, VP, CFO & Chief Accounting Officer (Age 55)Mr. William Meyer Roth, Chief Investment Officer & Director (Age 62)Ms. Rebecca B. Sandberg, VP, Gen. Counsel & Sec. (Age 47)Ms. Alecia Hanson, Managing Director of HR What is Two Harbors Investment's stock symbol? Two Harbors Investment trades on the New York Stock Exchange (NYSE) under the ticker symbol "TWO." Who are Two Harbors Investment's major shareholders? Two Harbors Investment's stock is owned by a variety of retail and institutional investors. Top institutional investors include State of Michigan Retirement System (1.39%), First Trust Advisors LP (0.59%), UBS Group AG (0.28%), Penn Mutual Asset Management LLC (0.12%), ICM Asset Management Inc. WA (0.09%) and Camelot Portfolios LLC (0.08%). Company insiders that own Two Harbors Investment stock include Brad Farrell, James J Bender, Karen Hammond, Mary Kathryn Riskey, Matthew Koeppen, Rebecca B Sandberg, Thomas Siering, William Ross Greenberg and William Roth. View institutional ownership trends for Two Harbors Investment. Which institutional investors are selling Two Harbors Investment stock? TWO stock was sold by a variety of institutional investors in the last quarter, including State of Michigan Retirement System, Envestnet Asset Management Inc., Penn Mutual Asset Management LLC, Comerica Bank, ICM Asset Management Inc. WA, MERIAN GLOBAL INVESTORS UK Ltd, Strs Ohio, and Atlantic Union Bankshares Corp. Company insiders that have sold Two Harbors Investment company stock in the last year include Mary Kathryn Riskey, Matthew Koeppen, Rebecca B Sandberg, and William Ross Greenberg. View insider buying and selling activity for Two Harbors Investment. Which institutional investors are buying Two Harbors Investment stock? TWO stock was purchased by a variety of institutional investors in the last quarter, including First Trust Advisors LP, UBS Group AG, Wiley BROS. Aintree Capital LLC, Emerald Mutual Fund Advisers Trust, Howard Financial Services LTD., DC Investments Management LLC, Community Capital Management Inc., and ProShare Advisors LLC. Company insiders that have bought Two Harbors Investment stock in the last two years include Karen Hammond, and Thomas Siering. View insider buying and selling activity for Two Harbors Investment. How do I buy shares of Two Harbors Investment? Shares of TWO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Two Harbors Investment's stock price today? One share of TWO stock can currently be purchased for approximately $5.47. How big of a company is Two Harbors Investment? Two Harbors Investment has a market capitalization of $1.50 billion and generates $994.69 million in revenue each year. The real estate investment trust earns $323.96 million in net income (profit) each year or $1.37 on an earnings per share basis. What is Two Harbors Investment's official website? The official website for Two Harbors Investment is www.twoharborsinvestment.com. How can I contact Two Harbors Investment? Two Harbors Investment's mailing address is 575 LEXINGTON AVENUE SUITE 2930, NEW YORK NY, 10022. The real estate investment trust can be reached via phone at 612-629-2500 or via email at [email protected] This page was last updated on 8/4/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
