NYSE:TWO

Two Harbors Investment Stock Forecast, Price & News

$6.34

-0.06 (-0.94 %)

(As of 01/15/2021 08:00 PM ET)

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Today's Range

$6.31

Now: $6.34▼

$6.37

50-Day Range

$6.12

MA: $6.47▼

$6.71

52-Week Range

$2.25

Now: $6.34▼

$15.85

Volume129,189 shs

Average Volume3.54 million shs

Market Capitalization$1.74 billion

P/E RatioN/A

Dividend Yield10.73%

Beta1.75

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 residential 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 must distribute at least 90% of annual taxable income to its stockholders. Two Harbors Investment Corp. was incorporated in 2009 and is headquartered in New York, New York.

MarketRank^™

Overall MarketRank^™

2.35 out of 5 stars

Finance Sector

67th out of 301 stocks

Real Estate Investment Trusts Industry

13th out of 64 stocks

3.1 Analyst's Opinion

Consensus Rating
Two Harbors Investment has received a consensus rating of Hold. The company's average rating score is 2.22, and is based on 2 buy ratings, 7 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $7.75, Two Harbors Investment has a forecasted upside of 22.2% from its current price of $6.34.
Amount of Analyst Coverage
Two Harbors Investment has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.8 Community Rank

Outperform Votes
Two Harbors Investment has received 493 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Two Harbors Investment has received 377 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Two Harbors Investment has received 56.67% “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.

2.5 Dividend Strength

Dividend Leadership
Two Harbors Investment is a leading dividend payer. It pays a dividend yield of 10.73%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Two Harbors Investment has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Two Harbors Investment is 49.64%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on EPS estimates, Two Harbors Investment will have a dividend payout ratio of 75.56% in the coming year. This indicates that Two Harbors Investment may not be able to sustain their current dividend.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Two Harbors Investment insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.80% of the stock of Two Harbors Investment is held by insiders.
Percentage Held by Institutions
59.69% 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.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Two Harbors Investment are expected to grow by 30.43% in the coming year, from $0.69 to $0.90 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Two Harbors Investment is -0.97, 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 Investment is -0.97, 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 Investment has a P/B Ratio of 0.43. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

Phone612-629-2500

EmployeesN/A

Debt

Debt-to-Equity Ratio0.27

Current Ratio1.13

Quick Ratio1.13

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio9.19

P/E GrowthN/A

Sales & Book Value

Annual Sales$994.69 million

Price / Sales1.74

Cash Flow$2.24 per share

Price / Cash Flow2.83

Book Value$14.63 per share

Price / Book0.43

Profitability

EPS (Most Recent Fiscal Year)$1.37

Net Income$323.96 million

Net Margins-246.97%

Return on Equity11.09%

Return on Assets1.09%

Miscellaneous

Outstanding Shares273,700,000

Market Cap$1.74 billion

Next Earnings Date2/3/2021 (Estimated)

OptionableOptionable

$6.34

-0.06 (-0.94 %)

(As of 01/15/2021 08:00 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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Two Harbors Investment (NYSE:TWO) Frequently Asked Questions

How has Two Harbors Investment's stock been impacted by 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 stock has decreased by 46.9% and is now trading at $6.34.
View which stocks have been most impacted by COVID-19.

Is Two Harbors Investment a buy right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Two Harbors Investment in the last twelve months. There are currently 7 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Two Harbors Investment stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TWO, but not buy additional shares or sell existing shares.
View analyst ratings for Two Harbors Investment or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Two Harbors Investment?

Wall Street analysts have given Two Harbors Investment a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Two Harbors Investment wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Two Harbors Investment's next earnings date?

Two Harbors Investment is scheduled to release its next quarterly earnings announcement on Wednesday, February 3rd 2021.
View our earnings forecast for Two Harbors Investment.

How were Two Harbors Investment's earnings last quarter?

Two Harbors Investment Corp. (NYSE:TWO) announced its quarterly earnings results on Wednesday, November, 4th. The real estate investment trust reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.05. The real estate investment trust earned $60.53 million during the quarter, compared to analyst estimates of $64.20 million. Two Harbors Investment had a positive return on equity of 11.09% and a negative net margin of 246.97%. The firm's revenue was up 3.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.24 EPS.
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 Saturday, December 19th. Investors of record on Wednesday, December 30th will be given a dividend of $0.17 per share on Friday, January 29th. This represents a $0.68 annualized dividend and a dividend yield of 10.73%. The ex-dividend date is Tuesday, December 29th. This is a boost from Two Harbors Investment's previous quarterly dividend of $0.14.
View Two Harbors Investment's dividend history.

Is Two Harbors Investment a good dividend stock?

Two Harbors Investment pays an annual dividend of $0.68 per share and currently has a dividend yield of 10.73%. TWO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Two Harbors Investment does not yet have a strock track record of dividend growth. The dividend payout ratio of Two Harbors Investment is 49.64%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, Two Harbors Investment will have a dividend payout ratio of 75.56% in the coming year. This indicates that Two Harbors Investment may not be able to sustain their current dividend.
View Two Harbors Investment's dividend history.

When did Two Harbors Investment's stock split? How did Two Harbors Investment's stock split work?

Shares of Two Harbors Investment reverse split 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 analysts have issued twelve-month price targets for Two Harbors Investment's stock. Their forecasts range from $5.50 to $16.00. On average, they anticipate Two Harbors Investment's stock price to reach $7.75 in the next twelve months. This suggests a possible upside of 22.2% from the stock's current price.
View analysts' price targets for Two Harbors Investment or view Wall Street analyst' top-rated stocks.

Who are some of Two Harbors Investment's key competitors?

Some companies that are related to Two Harbors Investment include Annaly Capital Management (NLY), AGNC Investment (AGNC), Starwood Property Trust (STWD), Chimera Investment (CIM), Colony Capital (CLNY), PennyMac Mortgage Investment Trust (PMT), MFA Financial (MFA), Apollo Commercial Real Estate Finance (ARI), New York Mortgage Trust (NYMT), Redwood Trust (RWT), ARMOUR Residential REIT (ARR), Ready Capital (RC), Invesco Mortgage Capital (IVR), Capstead Mortgage (CMO) and Dynex Capital (DX).
View all of TWO's 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), New Residential Investment (NRZ), Washington Prime Group (WPG), Calumet Specialty Products Partners (CLMT), Summit Midstream Partners (SMLP), BlackRock Capital Investment (BKCC), Viper Energy Partners (VNOM), CBL & Associates Properties (CBL) and NovoCure (NVCR).

Who are Two Harbors Investment's key executives?

Two Harbors Investment's management team includes the following people:

Ms. Mary Kathryn Riskey, VP & CFO (Age 56, Pay $74.85k)
Ms. Rebecca B. Sandberg, VP, Gen. Counsel & Sec. (Age 48, Pay $155.07k)
Mr. William Ross Greenberg, Pres, CEO & Director (Age 53)
Mr. Matthew Koeppen, VP & Chief Investment Officer (Age 49)
Mr. Matt Keen, MD & CTO
Ms. Paulenier Sims, Sr. Director of Investor Relations
Ms. Alecia Hanson, Managing Director of HR
Mr. Robert Rush, MD & Chief Risk Officer
Mr. Jason Vinar, Managing Director
Ms. Sheila Lichty, VP & Treasurer

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 Wiley BROS. Aintree Capital LLC (0.07%) and Hudson Valley Investment Advisors Inc. ADV (0.00%). Company insiders that own Two Harbors Investment stock include Brad Farrell, 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 Wiley BROS. Aintree Capital LLC. 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 or view top insider-selling stocks.

Which institutional investors are buying Two Harbors Investment stock?

TWO stock was acquired by a variety of institutional investors in the last quarter, including Hudson Valley Investment Advisors Inc. ADV. 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 or or view top insider-buying stocks.

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 WeBull, 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 $6.34.

How big of a company is Two Harbors Investment?

Two Harbors Investment has a market capitalization of $1.74 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 601 CARLSON PARKWAY SUITE 1400, MINNETONKA MN, 55305. 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 1/19/2021 by MarketBeat.com Staff

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